SALT LAKE CITY, Dec. 7, 2010 /PRNewswire-FirstCall/ -- Nexia Holdings, Inc. (Pink Sheets: NXHD), a diversified holdings company, filed an amended annual report for the periods ended December 31, 2008 and 2009. The amended filing, in conjunction with the quarterly reports filed for 2010, has allowed Nexia to obtain "Current Information" status on Pink Sheets.
Pink Sheet current information status is designated to Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to Pink OTC Markets Guidelines for Providing Adequate Current Information.
Richard Surber, Nexia Holdings, Inc.'s CFO, stated, "Our efforts to improve transparency have culminated in obtaining current information status with Pink Sheets. My staff is further laying the ground work for Nexia to regain its fully reporting status under the Securities Exchange Act of 1934. I believe that Nexia's progress in disseminating improved financial reports demonstrates our commitment to growing our organization and improving shareholder value."
About Nexia Holdings, Inc.
Nexia Holdings, Inc. (Pink Sheets: NXHD), headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in entertainment, real estate, and health & beauty. Nexia owns a majority interest in Green Endeavors, Inc., (OTCQB: GRNE) www.green-endeavors.com, a fully reporting company, which wholly owns two Landis Lifestyle Salons, http://www.landissalons.com, hair salons built around the world-class AVEDA™ product line. For more information, visit http://www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its financial disclosures which can be viewed at http://www.otcmarkets.com/stock/NXHD/financials. Additional Nexia disclosures can be viewed at www.nexiaholdings.com. 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
SOURCE Nexia Holdings, Inc.