SOURCE: Slide the City, LLC

September 19, 2014 16:37 ET

Slide the City™ Los Angeles Event Postponed

SALT LAKE CITY, UT--(Marketwired - Sep 19, 2014) - Slide the City, LLC, majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), is postponing the September 28th, 2014 Los Angeles slide event.

After tirelessly working with the City over the past 2+ months we received word that our permit is being denied. We have been working even harder over the past few days to resolve any issues the City may have, but it appears there is no resolution. Whether this is a direct result of the drought or something else, we want to assure all of our participants and vendors that we have gone through every appropriate permitting step required. We have even jumped through many additional "hoops" the City has created in the hope that they would see that we were flexible and willing to work with them. Unfortunately they have still denied our permit. Please feel free to contact us for a specific recounting of our permitting process. We would be happy to provide it.

Mainly, we want to apologize to all of our participants in this SOLD OUT event. We take full responsibility for our permit denial; we'd love for our participants to stick with us until we can work through any issues the City has so that we may hold the event in the near future. Your place in the event is secure and we want you to be the first in LA to slide with us. However, if any participant would like a refund we are more than happy to refund them. For permit information or refund requests please contact us at welovela@slidethecity.com.

We are very hopeful that the City will work with us so that we can bring this great event to the streets of LA. Please know that we are at the city offices right now trying everything we can.

With humility,
Slide the City™