Landis Lifestyle Salons 1st Quarter Revenues Up 30% Over Comparable Period in 2010

SALT LAKE CITY, May 19, 2011 /PRNewswire/ -- Green Endeavors, Inc. (OTCQB: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (OTCPINK: NXHD) has filed its first quarter (period ending March 31, 2011) 10-Q, reporting on the activity and results from the first three months of operations in 2011.  For the three months ended March 31, 2011 revenues increased $153,922 or 30% as compared to March 31, 2010.  Total revenue for the two operating salons for the quarter was $662,083.  Our working capital deficit was reduced by $36,877 from year end to March 31, 2011 and the cash flow results all showed positive change during the first quarter over last year.  Overall first quarter results were positive and in line with the plans of the corporation. The growth recognized by the newer Marmalade Salon and the continuing results at the Liberty Heights Salon resulted from the hard work of the stylists, staff, and management of the salons.

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Richard Surber, CEO of Nexia Holdings, Inc. (NXHD) and Green Endeavors, Inc. (GRNE), commented, "I have recently read several books that have inspired me including: Carrot Principles, Orange Revolution, and the E-Myth Revisited.  Our operations already employ many of the concepts in these books.  However, as we replicate our current successes, my team will fully integrate all of the applicable concepts in these books as part of our expansion plans and growth strategy for existing stores."

About Nexia Holdings, Inc.:

Nexia Holdings, Inc. (OTCPINK: 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), www.green-endeavors.com Green Endeavors Facebook, which operates Landis Salons, Inc. and Landis Salons II, Inc., www.landissalon.com  Landis Salons Facebook, hair salons built around the world-class AVEDA™ product line.  Through its entertainment division, Revel Entertainment, Inc., Nexia has plans to acquire the rights to several independent films. More information can be found by visiting www.nexiaholdings.com, Nexia Holdings' Facebook, Multivu Link or visit The Kane Files Facebook.  For more information on Richard Surber and Nexia Holdings and its subsidiaries, please visit the following:  Hotfrog, Manta, Biznik, Xing, and Viadeo.

Nexia strongly encourages the public to read the above information in conjunction with its reports filed at www.otcmarkets.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.

FOR MORE INFORMATION, CONTACT:
Richard Surber, President
Nexia Holdings, Inc.
801-575-8073 x 106
[email protected]

SOURCE Nexia Holdings, Inc.