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GRNE Reports Salon Revenue of $267,750 in March 2012 ; Up 11% Over March 2011
SALT LAKE CITY, UT -- (MARKETWIRE) -- 04/02/12 --
Green Endeavors, Inc. (OTCQB: GRNE) (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced continued revenue growth in the month of March.
Green is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations were $267,750 for the month of March 2012 ; which is an increase of $26,790 or 11% compared to March 2011 . The newer Marmalade salon reported March 2012 sales of $78,420 ; a $13,293 or 20% increase from the comparable month of 2011. Our flagship Liberty Heights salon reported revenues in March 2012 of $267,750 ; a $13,497 or 8% increase over March 2011 .
Richard D. Surber , CEO of GRNE, stated, "My team continues to grow and perform. Our revenues continue to grow. Resumes for new stylists and new personnel for our City Creek Aveda(TM) Experience Center are also piling up which means that even greater streams of revenue are on the horizon. I expect our organization will continue to strengthen throughout 2012 and beyond. Double digit increases in revenues are expected for our Marmalade location while our flagship location continues its efforts to improve its bottom line."
About Green Endeavors, Inc.
Green Endeavors, Inc. (OTCQB: GRNE) (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( TM) 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 2010 and 2011. 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.
FOR MORE INFORMATION, CONTACT: Richard Surber President Green Endeavors, Inc. 801-575-8073 x 106 [e-mail]

(END) Dow Jones Newswires
04-02-12 1128ET