GRNE Reports Revenues of $2.65M and $878K for the Nine and Three Months Ended September 30, 2013
October 14 2013 - 7:00AM
Marketwired
GRNE Reports Revenues of $2.65M and $878K for the Nine and Three
Months Ended September 30, 2013
SALT LAKE CITY, UT--(Marketwired - Oct 14, 2013) - Green
Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia
Holdings, Inc. (PINKSHEETS: NXHD), announces revenue results for
the three and nine months ended September 30, 2013.
During the nine and three month periods ending September 30,
2013 GRNE's net sales were $2,654,001 and $878,433, respectively,
compared to $2,274,353 and $783,306 for the comparable periods in
2012. Net sales increased by $379,649 or 16.7% for nine months
ended September 30, 2013 and increased by $95,127 or 12.1% for the
three months ended September 30, 2013, as compared to the same
periods in 2012.
Richard Surber, CEO of GRNE, pointed out, "We are showing double
digit gains for the periods discussed, which is no easy feat.
What's more exciting is that we have the capacity to substantially
increase same store sales even as we look forward to opening
additional locations. It should be clear to anyone that has been
following GRNE that we are building a strong company. We will
continue to strengthen financial position by eliminating
liabilities and growing revenues."
Mr. Surber continued, "We have overcome many obstacles that
caused many OTC issuers to fold. GRNE is a stronger organization as
result of weathering the storm. Eliminating unfavorable financing
arrangements like the convertible notes discussed in our last press
release is another big step towards accelerating growth as we look
forward."
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 2012 and 2013. 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