Thin Gloss Shark Tank Net Worth 2023 | Thin Gloss Shark Tank Updates

Thin Gloss Net Worth

Thin Gloss is a weight loss lip gloss that appeared on Shark Tank in Season 2 Episode 5. At the time of its appearance, it was valued at around $400,000.

The company is currently out of business. According to Shark Tank Blog, Thin Gloss had sold $26,000 worth of products in the past year and had a goal of selling $1 million in the next.

What is Thin Gloss and Who is the Founder of Thin Gloss?

Thin Gloss was a product designed to help women lose weight by reducing their appetite. The product was applied similarly to regular lip gloss and had a simple application process. Users would sniff Thin Gloss 30 minutes before a meal, apply it to their lips, and then enjoy their meal.

The founder of Thin Gloss was April Morris. Morris, a single mother of two children, had to overcome many obstacles in her life to achieve success. She got married at the age of 20, but a few years later, she got divorced and was left to raise her two children on her own.

Morris had to find a way to support herself and her family and began selling properties for a living. She sold over $9 million in real estate in a single year and eventually quit her job to start her own business.

Morris came up with the idea for Thin Gloss after two female coworkers called her overweight at a work party. She began using diet pills to lose weight, but the side effects made it difficult for her to sleep. While applying lip gloss at a traffic signal, Morris wondered if there was a scent that could aid in weight loss.

She conducted extensive research and discovered Hoodia, a South African plant that helps with appetite control. Morris then researched various scents that could improve a person’s mood and vitality. Once she had saved enough money, she quit her real estate job and invested everything in the creation of Thin Gloss.

The product gained attention for its unique approach to weight loss, but Morris discontinued the manufacture and sales of Thin Gloss on August 1, 2012.

Morris now works as a sales consultant and motivational keynote speaker, inspiring others to overcome their own obstacles and achieve success. She believed that Thin Gloss could help other women lose weight and improve their self-esteem.

Thin Gloss Shark Tank.

April Morris presented Thin Gloss on Shark Tank Season 2 Episode 5, looking for an $80,000 investment for a 5% stake in her company, valuing it at $400,000. Morris shared her own experience with diet pills, which caused her to feel anxious and restless.

She then thought about using herbs or scented oils to improve her mood, which led her to create a cosmetic product that would provide women with an advantage when applying lip gloss under a red light.

Morris used hoodia, a plant known for its weight loss benefits, and added scents that were intended to improve mood and decrease hunger. Although Morris did not directly claim that Thin Gloss would help women lose weight, she indicated that it would be useful to those looking to trim their bodies.

During the pitch, Robert Herjavec inquired about the price of each tube of Thin Gloss, which Morris said was $28. Barbara Corcoran asked Morris if she had lost weight with the product, and Morris replied that she had dropped 18 pounds.

Kevin Harrington asked if Morris had participated in any research trials, and Morris replied that she had consulted with an FDA attorney and believed she was on the safe side regarding claims.

Kevin O’Leary expressed concerns about the legal ramifications and declined to invest. Daymond John also opted out. Barbara Corcoran was dissatisfied with the sales presentation and went out. Robert Herjavec was skeptical about the company’s ability to grow from early sales levels to a million and also declined to invest.

Despite the loss, Morris remained optimistic following her participation in Shark Tank. However, after a brief surge in website traffic and a temporary increase in sales, interest declined. Morris discontinued the manufacture and sales of Thin Gloss in 2012.

Table Summary: Thin Gloss Shark Tank

INFO	DETAILS
Product	Weight loss lip gloss
Founder	April Morris
Appeared on	Shark Tank Season 2 Episode 5
Valuation	$400,000 at the time of appearance on Shark Tank
Sales in past year	$26,000
Goal	$1 million
Competitors	Too Faced, Mojo Spa
Investment sought	$80,000 for a 5% stake in the company
Investment received	None
Reasons for decline	Lack of clinical testing, legal concerns, inability to grow from low sales
Net worth	Not available as the company is out of business

Thin Gloss Net Worth

Morris appears on Shark Tank season 2 episode 5 in search of $80,000 in return for a 5% stake in her firm. This represents a $400,000 valuation.

Thin Gloss Competitors

Too Faced and Mojo Spa were Thin Gloss competitors.

Thin Gloss Shark Tank Updates

April Morris appeared on Shark Tank in Season 2 Episode 5 seeking $80,000 for 20% of her weight loss lip gloss, Thin Gloss. She invested all of her savings into the start-up but soon realized she was running out of money.

Morris explained her story and applied the gloss in front of a mirror during her pitch. However, the Sharks did not invest in Thin Gloss, as the product lacked many factors, including clinical testing.

Despite not receiving a deal, Thin Gloss experienced the “Shark Tank effect” and generated an additional million dollars in sales. However, Thin Gloss is no longer available for sampling, and the rest of Morris’s inventory was liquidated in April 2012. Currently, Thin Gloss is out of business.

Thin Gloss FAQS

What Is Thin Gloss And How Does It Work?

Thin Gloss is a weight loss lip gloss that was featured on Shark Tank in Season 2 Episode 5. The founder, April Morris, appeared on the show seeking $80,000 for 20% of her company. Thin Gloss was a substance that aided ladies in losing weight.

It functioned similarly to regular lip gloss but also aided in hunger suppression. Women would use Thin Gloss by inhaling it 30 minutes before eating to curb the appetite, then apply the gloss to look and feel great. April felt she had created a new niche in cosmetics.

She already had a contract with one of the largest cosmetic companies in India to distribute Thin Gloss. She discovered hoodia, an herb that has been shown to reduce hunger. She added aromas that are designed to boost mood and reduce appetite.

Without coming right out and saying that the Thin Gloss will help women lose weight, she implies that it’s beneficial to those seeking to trim their figures.

However, the sharks could not back the product as the presentation materials she had with her advertised weight loss with before-and-after photos, at the very least implying those women had used Thin Gloss.

The sharks knew this product would never get FDA approval without several very costly independent studies supporting her claims that Thin Gloss would improve moods and help users lose weight.

April added that she spoke with an FDA attorney about Thin Gloss’s ability to enhance women’s appearance as a cosmetic. She advised potential clients to try it for themselves and see how it works.

Kevin replied that she could not place the product in a large chain store with a sign claiming that Thin Gloss would assist ladies in losing weight.

April stated that while her pitch would be for ladies to try it themselves, it is still a cosmetic intended to enhance women’s beauty. Thin Gloss is no longer available for sampling, so you cannot try it for yourself. According to updates on various websites, Thin Gloss is currently out of business.

What Are The Ingredients Of Thin Gloss?

Thin Gloss contains Hoodia, a cactus-like plant known for appetite control, and aromas that when inhaled, boost mood and enhance energy.

The founder, April Morris, combined these ingredients to create Thin Gloss. However, there is no information available on the exact formulation of Thin Gloss or the other ingredients it may contain.

Who is the founder of Thin Gloss?

April Morris is the founder of Thin Gloss.

What Was The Outcome Of The Thin Gloss Shark Tank Pitch?

During the Shark Tank pitch, April Morris appeared on the show seeking $80,000 for 20% of her company, Thin Gloss. She explained that Thin Gloss was a weight loss lip gloss that women inhale 30 minutes before eating to curb their appetite and then apply to their lips to look and feel great.

However, the Sharks pointed out that she had not conducted any studies supporting her claims that Thin Gloss would improve moods and help users lose weight.

April added that she spoke with an FDA attorney about Thin Gloss’s ability to enhance women’s appearance as a cosmetic. Despite her efforts, the Sharks did not invest in Thin Gloss, and April left the show without a deal.

According to updates on various websites, Thin Gloss is no longer available for sampling and is currently out of business. However, Thin Gloss experienced the “Shark Tank effect” and quickly met its million-dollar goal after the show.

Did Thin Gloss Receive Any Investment From The Sharks?

April Morris appeared on Shark Tank in Season 2 Episode 5 seeking $80,000 for 20% of her company, Thin Gloss. However, the Sharks did not invest in Thin Gloss, and April Morris did not receive a deal from the Sharks.

According to updates on various websites, Thin Gloss is no longer available for sampling and is currently out of business. Although Thin Gloss did not receive any investment from the Sharks, the product experienced a surge in sales after the episode aired.

What Happened To Thin Gloss After Its Appearance At The Shark Tank?

Thin Gloss experienced a surge in sales after its appearance on Shark Tank, but interest soon waned. Although Thin Gloss did not receive a deal from the Sharks, the product generated an additional million dollars in sales.

However, Thin Gloss is no longer in business, and the rest of April Morris’s Thin Gloss inventory was liquidated in April 2012. Today, April Morris is a successful sales coach and motivational speaker.

How much was seeking in the Shark Tank?

April Morris was seeking $80,000 for a 20% stake in her company.

Is Thin Gloss still in business?

April Morris declared in a YouTube video in 2012 that she would no longer be selling Thin Gloss.

How can they contact Thin Gloss?

They are no longer in business.

What was Hoodia?

Hoodia has been used in South Africa as an appetite suppressant and to aid in weight loss.

Why is gloss thin?

Thin Gloss was a product that helped ladies lose weight. It functioned similarly to regular lip gloss, but it also served to decrease a person’s appetite.

It was simple to utilize the product. Thin Gloss would be sniffed 30 minutes before a meal, applied on the lips, then enjoyed.

Can a lip gloss help them lose weight?

According to experts, there is insufficient evidence to back up the assertions. Apply lip gloss to reduce weight.

The flavoured lip gloss, marketed by Too Faced Cosmetics, claims to restrict their hunger using the same balance of minerals and chemicals found in Coca-Fuze Cola’s energy fruit beverages.

What episode was Thin Gloss featured on Shark Tank?

Thin Gloss was featured on season 2episode 5.

How much was Thin Gloss?

Thin Gloss was sold at $28 and costs $5 to make.

What is the net worth of April Morris?

April Morris’s net worth is unavailable.