SOURCE: Green Endeavors, Inc.

April 28, 2014 08:30 ET

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.

Contact Information

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