Nexia Holdings to Reduce Authorized Shares

(firmenpresse) - SALT LAKE CITY, UT -- (Marketwired) -- 01/28/15 -- (OTC PINK: NXHD) reports that it will take action to reduce its authorized shares by 20 Billion.

Mr. Richard Surber, CEO, noted, "The current authorized share structure is a remnant from the distant past. Nexia will consider further decreases in its authorized shares in the event the price of its common shares rises substantially and stabilizes at a higher level. The action to reduce the authorized shares should be completed by the end of the first quarter. My team continues its efforts to transform NXHD. The transformation is anticipated to include filing a registration statement to bring NXHD back to fully reporting status. Furthermore, if my forecast for 2015 plays out as I expect it to, NXHD has a real shot at up listing to NASDAQ small cap or similar exchange by the end of 2016. "

Nexia Holdings, Inc. (OTC PINK: NXHD), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in entertainment, health & beauty, and real estate. Nexia owns a majority interest in Green Endeavors, Inc. (OTC PINK: GRNE), , that operates Landis Salons, Inc. and Landis Salons II, Inc., , hair salons built around the world-class AVEDA™ product line. Through WG Productions Company and Redline Entertainment, Inc., Nexia produces and distributes independent films for its own account and third parties. WG Productions Company is also the majority owner of Slide the City, LLC and The Lantern Fest, LLC. See and . Learn more at .

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: Marketwired
Datum: 28.01.2015 - 18:34 Uhr
Sprache: Deutsch
News-ID 367567
Anzahl Zeichen: 0

contact information:
Town:

SALT LAKE CITY, UT

Kategorie:

Commercial & Investment Banking

Diese Pressemitteilung wurde bisher 345 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Nexia Holdings to Reduce Authorized Shares"
steht unter der journalistisch-redaktionellen Verantwortung von

Nexia Holdings, Inc. (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Nexia Holdings Begins Reinvention Process ...

SALT LAKE CITY, UT -- (Marketwired) -- 03/25/15 -- (OTC PINK: NXHD) announced today that its board of directors and controlling shareholders have approved an action to rebrand the company. The first step in the process has begun with the creation o ...

Nexia's CEO Reaffirms 2015 Revenue Statement ...

SALT LAKE CITY, UT -- (Marketwired) -- 01/13/15 -- Nexia Holdings, Inc. (OTC PINK: NXHD) is pleased to reaffirm its forward looking statement that its gross revenues should approach $10M on a consolidated basis for the fiscal year ending 2015.Nexia& ...

KILL - Nexia Holdings, Inc. ...

SALT LAKE CITY, UT -- (Marketwired) -- 01/13/15 -- Editors and other readers are advised to disregard the news releases with the headlines, "CORRECTION - NXHD's Film Division Nears Completion on Two Films: "Jackie & Ryan" and ...

Alle Meldungen von Nexia Holdings, Inc.