SOURCE: Green Endeavors, Inc.
SALT LAKE CITY, UT--(Marketwire - Sep 27, 2012) - Green Endeavors, Inc. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced continued revenue growth in the month of August.
Green Endeavors is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations and its newly opened Landis Experience Center were $277,716 for the month of August 2012; which is an increase of 8.9% compared to August 2011. The newer Marmalade salon reported August 2012 sales of $75,324. Our flagship Liberty Heights salon reported revenues in August 2012 of $192,117. The Aveda™ Experience Center, which opened mid-August 2012 at the City Creek Center, reported revenues of $10,275.
CEO of GRNE, Richard Surber, noted, "We are on our way to breaking through $3M in revenues for 2012. If we can get our Equity Line of Credit to fund our future expansion plans as well as marketing efforts, I believe we will be able to make serious strides in further growing GRNE."
About Green Endeavors, Inc.:
Green Endeavors, Inc. (PINKSHEETS: 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. For more information, visit http://www.green-endeavors.com. The numbers are not audited and have not been reviewed by an independent accountant. GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2011 and 2012. 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.