SALT LAKE CITY, UT--(Marketwired - Mar 17, 2014) - Nexia Holdings, Inc. (PINKSHEETS: NXHD) is pleased to announce that it has launched its new website. The new website is designed to reflect the new direction that Nexia is taking in developing its business, with the predominate focus being on its film production and distribution operations.
Richard Surber, CEO, stated, "I want to reaffirm my commitments made in my 2014 letter to shareholders press release. One of those commitments was to retool our website at www.nexiaholdings.com. I am happy to confirm that we have launched our website. I am pleased with the overall look and ease of use thus far. We expect to vastly improve the site over the coming months with more video, photos, and financial content. I encourage everyone to visit the site."
Mr. Surber continued, "I am also pleased to announce that we have hired an outside firm to help us expedite the completion of our unaudited financial statements. My goal is to have Nexia current on the OTC Markets in short order. The next step will be to stay the course until we are back to fully reporting status with the SEC. My team is pushing forward with wrapping up several film productions and the completion of the Green Endeavors audit on top of pulling Nexia's financials and tax returns forward to December 31, 2013. Our accounting team is working tirelessly to get us current and accurate disclosures."
About Nexia Holdings, Inc.:
Nexia Holdings, Inc. (PINKSHEETS: 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 Green Endeavors, Inc. (OTCQB: GRNE), www.green-endeavors.com, which operates Landis Lifestyle Salons, www.landissalons.com, hair salons built around the world-class AVEDA™ product line and Aveda™ at City Creek. www.avedaatcitycreek.com. Through its entertainment division, WG Productions Company and Redline Entertainment, Inc., Nexia has plans to acquire the rights to several independent films as well produce independent feature length films for third parties and for its own account. For more information, visit www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its reports filed at www.pinksheets.com. Nexia will require a significant influx of capital in order to effectively execute upon its various operational plans. The actual results that Nexia 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.