Shark Tank Update
Shark Tank Pitch
Neo Innovations Shark Tank Update
Published:
2m
Pueblo, CO
| Name | Neo Innovations |
|---|---|
| Main Presenters | Nick Gonzales and Kevin Mack |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2020 |
| Main Location | Pueblo, CO Loading Map |
| Order Shown in Episode | 3 |
| Final Deal | All Sharks went Out |
Neo Innovations Shark Tank Pitch
Nick Gonzales and Kevin Mack created a tattoo removal device under their brand Neo Innovations. Black Magic IPL is an intense pulse light device that breaks up the dark pigmentation from tattoos.
I have a question. I'm Black. Will I explode if I put that on me?
Nick and Kevin assure the product is safe and that the technology has been around for a long time. The light is equivalent to a 50-watt lightbulb. They plan to use some of the money to apply for FDA approval for their device, which they predict will cost over $20k.
Nick and Kevin have been selling for about a year and a half and selling around 30-40 units a month at about $140 per unit through Amazon and eBay. Nick and Kevin believe they will do $200k in revenue this year.
The sharks are hesitant about the product's safety and, even more, getting themselves sued. All sharks go out.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $80k for 20% of company | |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Out | Mark Cuban | Out |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Daymond John | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Out
Barbara Corcoran
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Neo Innovations After Shark Tank
According to Shark Tank Blog https://www.sharktankblog.com/business/neo-mag-lightblack-magic-tattoo-removal, Neo Innovations had mixed reviews for their tattoo removal product with some claiming success, while others complained of blistering. There was never FDA approval for any at-home tattoo removal device. By 2021 the website showed sold out. My impression is they had some form of the product selling until just before that, but as of 2022, all social media and websites appear to have been taken down.Link Preview
Shark Tank Blog
According to Nick Gonzales' LinkedIn https://www.linkedin.com/in/nick-gonzales-197617b https://www.linkedin.com/in/kevinmackneo, in 2014 he worked as a brand director for a coupon company, and according to Kevin Mack's LinkedIn Link Preview
LinkedIn in 2016 he began work as a manager at a garage flooring company.Link Preview
LinkedIn
As of 2022, Nick and Kevin's LinkedIn's do not seem up to date and there appears to be no evidence of any tattoo removal product of theirs in existence.
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