GRNE Reports Revenues of $839,838 for the 1st Quarter of 2014
April 28 2014 - 8:30AM
Marketwired
GRNE Reports Revenues of $839,838 for the 1st Quarter of 2014
SALT LAKE CITY, UT--(Marketwired - Apr 28, 2014) - Green
Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia
Holdings, Inc. (PINKSHEETS: NXHD), announces preliminary revenue
estimates from its salon operations for the first quarter of
2014.
Revenues for the three months ended March 31, 2014, were
$839,837.83, compared to $855,237 for the first quarter of
2013. Revenues were basically flat for the comparable period
in 2013. Readers should note that 1st quarter of 2013 was a
stellar performing period for our flagship location.
Richard D. Surber, CEO of GRNE, commented, "We have almost 10
new stylists in the process of being trained and we are looking for
at least 10 more in the near term. In addition, I have
retained an outside business coach in an effort to bring our
operations to the next level in their development. I think we
are going to see revenues base around this level at our flagship
location in preparation for the next leg up while revenues at our
newer locations should continue to improve. Plans continue to
be in process for expansion into new local markets. I remain
extremely optimistic about our future prospects for growth. We
are building favorable lines of credit, reducing liabilities and
improving our business practices on a near daily basis. The
foundation being laid is strong and will set the tone for
substantial growth well into the future."
About Green Endeavors, Inc.:
Green Endeavors, Inc. (OTCQB: GRNE), headquartered in Salt Lake
City, Utah, is a holding company with operations in health &
beauty. GRNE's wholly owned subsidiaries, Landis Salons, Inc.
and Landis Salons II, Inc. http://www.landissalons.com, operate
hair salons built around the world-class AVEDA™ product line. Our
newest wholly owned subsidiary Landis Experience Center, LLC,
http://www.avedaatcitycreek.com, sells a full array of Aveda™
products. For more information, visit
http://www.green-endeavors.com. GRNE strongly encourages the
public to read the above information in conjunction with its
filings and disclosures filed in 2013 and 2014. GRNE's
disclosures can be viewed at www.sec.gov and
www.otcmarkets.com. Investors should not invest more than they
can afford to lose in penny stocks.
FOR MORE INFORMATION, CONTACT: Richard Surber President Green
Endeavors, Inc. 801-575-8073 x 106 Email Contact