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  • Green Endeavors Ltd (OTC GRNE)

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    SALT LAKE CITY, UT, Mar 12, 2010 Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHDD), announced that its salon operations estimated net sales for the year ended December 31, 2009 were $2,044,351. Combined net income for the salon entities, which includes Landis Salons, Inc. andLandis Salons, IncLLC, for the year ended December 31, 2009, is currently estimated at $162,419 compared to $38,577 for year end 2008, an increase of 321% or $123,842. This increase was the result of the reduction in various expenses related to the salon operations from 2008 to 2009.

    Technical outlook: GRNE  is exploding on high-volume this morning. The stock has been in a slow upward steady trend. A breakout above the monthly resistance level of .12 will spark new momentum in the stock. GRNE is up 19% on 1.2 million shares in early

    March 12, 2010 @ 3:48 pm Trackback URL Posted in Hot Stocks and tagged with , , , , , , , , , , .