SOURCE: Green Endeavors, Ltd.

Green Endeavors, Ltd.

March 30, 2010 10:29 ET

Green Endeavors Reports Gross Revenues up 6% in the First 2 Months of 2010

SALT LAKE CITY, UT--(Marketwire - March 30, 2010) -  Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its salon operations estimated net sales for the first 2 months in 2010 were $334,510 compared to $315,958 for the comparable period in 2009, an increase of $18,552 or 6%.

The number of services we performed in the first two months of 2010 was up by 200 while our product sales remained flat. Our salons plan to step up our efforts to capitalize on the Aveda™ Points of Difference along with additional marketing efforts which include sponsoring events that help the communities we serve.

Richard Surber, CEO, stated, "I am focused on growth in 2010. Our team is working diligently for even greater improvements in our revenues as the year progresses. I am counting on our stylist to drive growth at our existing locations while my focus turns to growing GRNE through acquiring additional locations, as well as finding sites for building out completely new locations. I have spent over two years studying potential acquisition and new site candidates. I want to make sure that the launch of additional locations is affected in a manner that will promote long-term financial and community success. I want to be confident that the location, staffing, design/build out, financing, and a multitude of other factors meet or exceed our high standards. My goal is to open up only the best locations while we lay the foundation for substantial growth into the future."

About Green Endeavors, Ltd.

Green Endeavors, Ltd. (PINKSHEETS: GRNE), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNE owns a majority interest in Landis Salons, Inc., http://www.landissalons.net, hair salons built around the world-class AVEDA product line. 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 2009 and 2010. GRNE's disclosures can be viewed at www.green-endeavors.com and www.pinksheets.com.

This press release reports information gathered on a preliminary basis for select points in time. The numbers are not audited, have not been reviewed by an independent accountant, and are subject to change and further review as more information is gathered. This press release also contains forward-looking statements. There are no assurances that such assumptions will prove correct with regard to potential additional location. The actual results that GRNE may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Investors should not invest more than they can afford to lose in penny stocks.

Contact Information

  • FOR MORE INFORMATION, CONTACT:
    Richard Surber, President
    Green Endeavors, Ltd.
    801-575-8073 x 106
    Email Contact