GRNE Reports Revenue of $315,130 for May 2013; Up 20.8% Over May 2012
(firmenpresse) - SALT LAKE CITY, UT -- (Marketwired) -- 07/01/13 -- (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced continued revenue growth in the month of May 2013 over the comparable month in 2012.
Green Endeavors is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations and its newly opened Landis Experience Center were $315,130 for the month of May 2013, which is an increase of 20.8% compared to May 2012. The newer Marmalade salon reported May 2013 sales of $87,568, a 17.5% increase from 2012 sales. Our flagship Liberty Heights salon reported revenues in May 2013 of $209,134, a 12.1% increase over 2012. The Aveda™ Experience Center, which opened mid-August 2012 at the City Creek Center, reported revenues of $18,433 for May 2013.
CEO of Green Endeavors, Richard Surber, stated, "I will keep on putting out monthly revenue figures until the street gets the fact that this OTC Market company is of higher quality than 90% of the other companies traded on the Pink Sheets. I firmly believe that we will receive the necessary capital to exponentially grow. When GRNE initially went public, we were swimming upstream in the worst possible market conditions. There was no capital and the trading volume for OTC Companies was abysmal. Looking forward, market conditions are vastly improved. My point is that strong revenue growth and a sound business model that is seen by the investment community coupled with improved overall market conditions should make for a bright future."
Green Endeavors, Inc. (PINKSHEETS: 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. , operate hair salons built around the world-class AVEDA™ product line. Our newest wholly owned subsidiary Landis Experience Center, LLC., , sells a full array of Aveda™ products. For more information, visit . 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 and . Investors should not invest more than they can afford to lose in penny stocks.
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 106
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Datum: 01.07.2013 - 12:30 Uhr
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