We've been searching the market for an extremely undervalued company, which has also bottomed out - that can provide a safe investment with a great entry point. Well, we have found a great company - NXHD (Nexia Holdings). NXHD closed at .01 yesterday , and in our opinions - these prices are a STEAL!
Nexia currently owns two Landis Aveda salons, two commercial properties, has interest in a downtown commercial property, and interests in residential properties. Their subsidiaries employ nearly 55 people in the State of Utah, and they have plans to expand their scope nationally.
Nexia has over 9 million dollars in assets, brough in 2.5 million dollars in revenue in 2010. Theres not many companies trading in the pinks that can boast those kind of numbers. The best part about these numbers are the fact that every year they improve! NXHD isn't a quick flip; but rather, a potential long term investment!
One of Nexia's core holdings is Revel Entertainment, Inc. Revel Entertainment is a full scale film production fompany. It is 100% owned by Nexia, and are currently producing a film called "The Kane Files" written and directed by Benjamin Gourley. This film was featured at the San Diego Film Festival 2010.
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