SOURCE: Nexia Holdings, Inc.
SALT LAKE CITY, UT--(Marketwire - Jun 11, 2012) - Nexia Holdings, Inc. (PINKSHEETS: NXHD), parent company of Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE) and Revel Entertainment Inc., announces that its feature film The Kane Files has entered into an agreement to be carried in the Redbox line of movie rental kiosks. Redbox is a premium rental service in more than 30,000 locations nationwide. Revel has signed a distribution agreement with Inception Media Group who has negotiated the agreement with Redbox for it film The Kane Files to be placed in its rental program. To find the movie at a local Redbox visit their website at http://www.redbox.com/search?q=the+kane+files&d=the+kane+&tnt.kentest=A.
This national exposure will assist in Revel's ongoing marketing efforts to promote The Kane Files. The following is a list of the companies that have previously licensed the rights to The Kane Files: Japan, Spain, Greece, United Kingdom, Brazil, and Middle East.
Nexia's wholly owned subsidiary Revel Entertainment, Inc. owns a majority interest in Aesop Pictures LLC, which owns The Kane Files. The Kane Files was filmed exclusively in the State of Utah. The film stars Drew Fuller (who won Best Actor Award at the 2010 San Diego Film Festival), Ethan Embry, William Atherton, and William Devane.
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 in Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), www.green-endeavors.com, which operates Landis Salons, Inc. and Landis Salons II, Inc., www.landissalon.com, hair salons built around the world-class AVEDA™ product line. Through Revel Entertainment, Inc., Nexia has acquired the rights to several independent films. Learn more at www.nexiaholdings.com, Nexia Holdings' Facebook, or visit The Kane Files Facebook.
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.