Kevin and Lori then question further details about the product – how much does it cost, where is it made, all the meat of the matter behind the actual product itself. These were all sold to various customers, but mainly to a big distributor who sold the primary bulk of the units. Kevin then questions sales, which Tiggs has to give context before elaborating, which causes concern to rise in the Sharks, but Tiggs reveals that sales in the year of 2013 were $105,000. Kevin asks the immediate question, which caught my mind – does the bottom break over time? The entire cup is actually porcelain and quite sturdy – Tiggs has not heard of any Floating Mugs that have broken throughout normal use. Tiggs then passes out samples of Floating Mugs to each Shark, specific for each Shark but in different shades of white.
Together, the Floating Mug is a combination of a mug and coaster – the mug actually does not touch the ground. But there’s good news, Tiggs continues – he no longer has to hear the dreadful screeching from his wife.
As a result, coffee stains will typically form under the cup, and within minutes leave a stain on whatever. Tiggs explains further, this is the specific screech that he hears whenever his wife finds a coffee cup stain on their furniture, and when Tiggs is distracted or busy, he doesn’t have the mental capacity to search for a coaster or a proper mug. Tiggs’ wife has a specific ‘screeching’ sound that he dreads, and Tiggs makes sure to let this primal scream out in the Shark Tank studio.
#Mega man etank cup professional#
Tiggs is not a professional designer, and he has a “screeching” problem which led to the innovation of the Floating Mug Co. Tiggs immediately drops a compliment to Kevin, calling his mug the second sexiest thing. The Floating Mug, quite simply, is the sexiest mug you might ever lay your eyes on. Tiggs is the founder and owner of The Floating Mug Company, and he seeking $75,000 in exchange for 15% ownership in his business. Tigere “Tiggs” Chriga, from North Carolina, has come to the Shark Tank. The Floating Mug Company Before Shark Tank