Nexia Holdings, Inc., headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, www.landissalons.com, and operates one Black Chandelier retail location and an online store at www.blackchandelier.com.
Why Invest in Nexia Holdings, Inc.?
Nexia Holdings (NXHD) anticipates that the following near and long term actions will dramatically improve and grow the company.
- Nexia's accounting staff is nearing completion of stand alone financials for Green Endeavors Ltd. (GRNE) to be filed with pink sheets. Nexia's intentions are to complete a Form 15c2-11 to get GRNE listed for trading on the pink sheets. GRNE is the subsidiary that holds Nexia's Landis Salon operations.
- Retain auditors to audit GRNE and file a Form 10 to make GRNE fully reporting.
- Nexia will issue a stock dividend in Green Endeavors Ltd. to its shareholders on a pro rata basis upon becoming fully reporting.
- Nexia's portfolio securities recently increased in value from $100,000 to $650,000. Nexia is optimistic that its portfolio will see further increases and that Nexia may be able to liquidate these securities for close to $1M in cash in the near term based upon the volume and price increase per share in one of its holdings.
- Nexia's recent sale of an office building infused over $630,000 in cash into the company which has allowed Nexia to clean up its balance sheet and has set the stage for growth in 2009.
- Nexia's has three prospective real estate professionals that it intends to appoint as President, Vice President, and Secretary of its real estate division to accelerate our "Real Estate Acquisition Strategy."
- Nexia has set a long-term goal to acquire $100M worth of real estate under its "Real Estate Acquisition Strategy."
- Nexia will exit its retail clothing business, excepting its online operations, in an effort to concentrate on its salon and real estate ambitions.
- Nexia is forming alliances with marketing firms to keep the investment community apprised of its plans.
- Nexia intends to complete its offering document to raise up to $10M under an equity line of credit.
These are just a few of the plans that are already in motion to provide liquidity, additional capital, a clear vision for growth, substantial balance sheet growth, a stock dividend in GRNE (which its salon operations have generated over $1.5M in revenues year to date), and to take advantage of the current opportunity in the real estate market.
