SALT LAKE CITY, May 11, 2011 /PRNewswire/ -- Nexia Holdings, Inc. (PINKSHEETS: NXHD) film division marketing representatives will be attending the Film Market as part of the Cannes International Film Festival from May 11 through the 22nd. The Cannes Film Festival is the largest, most exciting international gathering of entertainment professionals with an estimated 40,000 professionals in attendance. Our booth will be located at the Palais, booth LERINS R6a.
All the films under contract with Redline Entertainment Inc. for foreign distribution will be marketed at this event. These films include: The Kane Files, Paladin, Love and Mary, Dr. Limptooth, and Pirates of the Great Salt Lake. In partnership with Highland Film Group, Redline will seek to enter into distribution and licensing agreements for each of these films.
The Cannes Film Market is one of the largest exhibitions of films during the year with potential exposure to nearly every buyer of films and every major film company. It is our expectation that each of these films will gain significant exposure and be licensed to several territories throughout the world.
About Nexia Holdings, Inc.:
Nexia Holdings, Inc. (PINKSHEETS: 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. (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 newly acquired 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.
SOURCE Nexia Holdings, Inc.