Scene In SLC: Richard Surber - IN THIS WEEK ARTICLE
Nexia's Film Division Sells Licenses For Foreign Distribution Rights For Its Feature Length Film: The Kane Files
Nexia Retires $1M Worth of Preferred Stock
Landis Lifestyle Salon Revenues Top $645,000 for 4th Quarter 2010, Up 25% Over Comparable Period in 2009
Salon Revenues Top $1,056,000 for Six Months Ended Up 5.4% Compared to 2009
Green Endeavors Reports Gross Revenues Up 5%
Landis Salons II Signs 10-Year Lease for Third Salon Location
Nexia's Film Division Sells Licenses For Foreign Distribution Rights For Its Feature Length Film: The Kane Files (return to top)
Jan 13, 2011 7:00:00 AM
SALT LAKE CITY, Jan. 13, 2011 /PRNewswire/ -- Nexia Holdings, Inc.'s (Pink Sheets: NXHD) subsidiary Revel Entertainment is pleased to announce that it has licensed the rights for the distribution of The Kane Files in the following territories: United Kingdom, Brazil, and the Middle East. These are only the first of more distribution contracts being discussed. Revel expects to deliver the film by the close of the first quarter in 2011.
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The following is a list of the companies that licensed the rights to The Kane Files: United Kingdom, High Fliers (Scanbox UK); Brazil, Playarte; and Middle East, Falcon Films.
According to Internet Movie Database, the distribution companies that have purchased the rights to The Kane Files have been responsible for the distribution of 100s of films, collectively. Some of the more notable films include: The Mask, Rush Hour 2, Gosford Park, Harold & Kumar Escape from Guantanamo Bay, Bangkok Dangerous, Jeepers Creepers, About Schmidt, Much Ado About Nothing, Three Amigos!, Soul Men, Far Cry, Badland, The Great Debaters, Get Low, and many more films.
Richard Surber, CEO of Nexia commented, "I am ecstatic about the prospects for The Kane Files. This is just the start of our efforts to license the rights to distribute The Kane Files. We have three very solid foreign film companies that have licensed the rights to the film. I, personally, am thinking in terms of what the value of this film is to Nexia if a major U.S. based film distribution picks up the film. What happens if DVD's are available in multiple worldwide retail outlets as a result of a major distribution company buying the rights to the film? What would be the impact if 500,000 or more copies were sold over the coming months and years? What if the film is viewed a million times through rentals or online venues? The prospects are very encouraging for a small company like Nexia."
Help us create more buzz around The Kane Files and for all of the latest updates on the progression of The Kane Files including trailers, key art, movie posters, and more on its Facebook page. Please become a fan of The Kane Files Facebook page.
Nexia's wholly owned subsidiary Revel Entertainment, Inc. owns a majority interest in Aesop Pictures LLC, which owns The Kane Files. The Kane Files was filmed exclusively in the State of Utah. The film stars Drew Fuller (Winner of the Best Actor Award at San Diego Film Festival in 2010), Ethan Embry, William Atherton, and William Devane.
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Nexia Retires $1M Worth of Preferred Stock (return to top)
Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its salon operations estimated net revenues for the three and six months ended June 30, 2010 were $548,120 and $1,056,281, respectively for the salon entities which include Landis Salons, Inc. and Newby Salons, LLC. These numbers compared to net revenues of $518,404 and $1,002,345 for the three and six months ended June 30, 2009 reflect an increase of 5.7% or $29,716 and 5.4% or $53,936 respectively for the comparable periods in 2010.
Richard Surber, CEO of NXHD and GRNE, stated, "I continue to be encouraged by our consistent growth in revenues. We are stepping up our hiring efforts in anticipation of our new location opening in fall of 2010 in the Marmalade district of Salt Lake City. The development of a second Aveda? Lifestyle Salon is expected to be the catalyst for substantial growth over the coming years. My personal goal is to grow Landis Salons into a high end national salon company. The strategy will be three fold: build corporate owned locations, acquire existing locations, and franchise."
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Landis Lifestyle Salon Revenues Top $645,000 for 4th Quarter 2010, Up 25% Over Comparable Period in 2009(return to top)
Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its salon operations estimated net revenues for the three and six months ended June 30, 2010 were $548,120 and $1,056,281, respectively for the salon entities which include Landis Salons, Inc. and Newby Salons, LLC. These numbers compared to net revenues of $518,404 and $1,002,345 for the three and six months ended June 30, 2009 reflect an increase of 5.7% or $29,716 and 5.4% or $53,936 respectively for the comparable periods in 2010.
Richard Surber, CEO of NXHD and GRNE, stated, "I continue to be encouraged by our consistent growth in revenues. We are stepping up our hiring efforts in anticipation of our new location opening in fall of 2010 in the Marmalade district of Salt Lake City. The development of a second Aveda? Lifestyle Salon is expected to be the catalyst for substantial growth over the coming years. My personal goal is to grow Landis Salons into a high end national salon company. The strategy will be three fold: build corporate owned locations, acquire existing locations, and franchise."
View Press Release
Landis Lifestyle Salon Revenues Top $645,000 for 4th Quarter 2010, Up 25% Over Comparable Period in 2009(return to top)
Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its salon operations estimated net revenues for the three and six months ended June 30, 2010 were $548,120 and $1,056,281, respectively for the salon entities which include Landis Salons, Inc. and Newby Salons, LLC. These numbers compared to net revenues of $518,404 and $1,002,345 for the three and six months ended June 30, 2009 reflect an increase of 5.7% or $29,716 and 5.4% or $53,936 respectively for the comparable periods in 2010.
Richard Surber, CEO of NXHD and GRNE, stated, "I continue to be encouraged by our consistent growth in revenues. We are stepping up our hiring efforts in anticipation of our new location opening in fall of 2010 in the Marmalade district of Salt Lake City. The development of a second Aveda? Lifestyle Salon is expected to be the catalyst for substantial growth over the coming years. My personal goal is to grow Landis Salons into a high end national salon company. The strategy will be three fold: build corporate owned locations, acquire existing locations, and franchise."
View Press Release
Salon Revenues Top $1,056,000 for Six Months Ended Up 5.4% Over the Comparable Period in 2009 'NEXA'(return to top)
Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its salon operations estimated net revenues for the three and six months ended June 30, 2010 were $548,120 and $1,056,281, respectively for the salon entities which include Landis Salons, Inc. and Newby Salons, LLC. These numbers compared to net revenues of $518,404 and $1,002,345 for the three and six months ended June 30, 2009 reflect an increase of 5.7% or $29,716 and 5.4% or $53,936 respectively for the comparable periods in 2010.
Richard Surber, CEO of NXHD and GRNE, stated, "I continue to be encouraged by our consistent growth in revenues. We are stepping up our hiring efforts in anticipation of our new location opening in fall of 2010 in the Marmalade district of Salt Lake City. The development of a second Aveda? Lifestyle Salon is expected to be the catalyst for substantial growth over the coming years. My personal goal is to grow Landis Salons into a high end national salon company. The strategy will be three fold: build corporate owned locations, acquire existing locations, and franchise."
Landis Salons II Signs 10-Year Lease for Third Salon Location(return to top)
Green Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its newly formed subsidiary Landis Salons II, Inc. has signed a definitive lease -- its third Landis Salon location. The third location will be approximately 3,024 sq. ft. The new location will be on the corner of 600 North 300 West in Salt Lake City, Utah.
The initial cost to build out, stock, staff, market, and furnish the new location is estimated at $400,000. Pursuant to the terms of the lease, the landlord is providing tenant improvements which may have a value of up to $200,000. The lease rate, as a portion of gross revenues, is expected to be within certain financial benchmarks set forth by Aveda?. The new location will be an Aveda? Lifestyle location, which means that we will carry a full line of Aveda? products and intends to meet certain monthly retail sales goals.
Richard Surber, CEO of GRNE, commented, "In my opinion the lease is a good deal for Landis Salons II. I have set a target opening date for the new location to be 90 days from today. Our Landis team is in the final stages of lining up a low interest loan from the Salt Lake Redevelopment Agency for $100,000, an equipment loan for up to $100,000 and additional equity financing of $250,000. I expect the new location to be well capitalized. The salon opening will be a milestone in GRNE's plans for future growth and the grand opening will be a spectacular event."
The new location was chosen for a host of reasons, including but not limited to the following:
* An estimated 80,000 cars pass by the location daily.
* The location is a block from access points to Interstate 15.
* The salon location will be on a corner with high visibility like Landis' flagship Salon with UV windows that allow potential clients to see directly into the building.
* Tenant allowance estimated at $100,000 to $200,000 value.
* Terms of the Lease.
* Low interest loans available from the Salt Lake Redevelopment Agency.
* Plentiful and convenient parking.
* The space is new construction and will be energy efficient.
* One of the landlords is the owner of Howa Construction, a first class builder that is committed to building out a spectacular salon space and attracting first class tenants.
* Management believes that there is a pent up need for services in the Marmalade District.
* Management believes it can readily staff the location with our staffs' efforts and with the support of the Aveda? Institute in Provo.
* One of our current lead stylists lives in the neighborhood and plans on moving her client base to the new salon and doing grass roots marketing for the salon.
* The Marmalade District has one of the highest average incomes per household in Salt Lake City, based upon reported incomes a few blocks east of the location.
* Management anticipates that the salon will receive support from the surrounding neighborhood and local government.
Mr. Richard Surber, CEO stated, "I expect to issue regular releases on our progress. I encourage professionals in the beauty industry to become part of the Landis team and fill out an application at www.landissalon.com. Our new location will be another premier salon in Salt Lake City. My plan is to hit the ground running with as many as 20 new stylists on opening day."
Landis Salons II Signs 10-Year Lease for Third Salon Location(return to top)
reen Endeavors, Ltd. (PINKSHEETS: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that its newly formed subsidiary Landis Salons II, Inc. has signed a definitive lease -- its third Landis Salon location. The third location will be approximately 3,024 sq. ft. The new location will be on the corner of 600 North 300 West in Salt Lake City, Utah.
The initial cost to build out, stock, staff, market, and furnish the new location is estimated at $400,000. Pursuant to the terms of the lease, the landlord is providing tenant improvements which may have a value of up to $200,000. The lease rate, as a portion of gross revenues, is expected to be within certain financial benchmarks set forth by Aveda?. The new location will be an Aveda? Lifestyle location, which means that we will carry a full line of Aveda? products and intends to meet certain monthly retail sales goals.
Richard Surber, CEO of GRNE, commented, "In my opinion the lease is a good deal for Landis Salons II. I have set a target opening date for the new location to be 90 days from today. Our Landis team is in the final stages of lining up a low interest loan from the Salt Lake Redevelopment Agency for $100,000, an equipment loan for up to $100,000 and additional equity financing of $250,000. I expect the new location to be well capitalized. The salon opening will be a milestone in GRNE's plans for future growth and the grand opening will be a spectacular event."
The new location was chosen for a host of reasons, including but not limited to the following:
* An estimated 80,000 cars pass by the location daily.
* The location is a block from access points to Interstate 15.
* The salon location will be on a corner with high visibility like Landis' flagship Salon with UV windows that allow potential clients to see directly into the building.
* Tenant allowance estimated at $100,000 to $200,000 value.
* Terms of the Lease.
* Low interest loans available from the Salt Lake Redevelopment Agency.
* Plentiful and convenient parking.
* The space is new construction and will be energy efficient.
* One of the landlords is the owner of Howa Construction, a first class builder that is committed to building out a spectacular salon space and attracting first class tenants.
* Management believes that there is a pent up need for services in the Marmalade District.
* Management believes it can readily staff the location with our staffs' efforts and with the support of the Aveda? Institute in Provo.
* One of our current lead stylists lives in the neighborhood and plans on moving her client base to the new salon and doing grass roots marketing for the salon.
* The Marmalade District has one of the highest average incomes per household in Salt Lake City, based upon reported incomes a few blocks east of the location.
* Management anticipates that the salon will receive support from the surrounding neighborhood and local government.
Mr. Richard Surber, CEO stated, "I expect to issue regular releases on our progress. I encourage professionals in the beauty industry to become part of the Landis team and fill out an application at www.landissalon.com. Our new location will be another premier salon in Salt Lake City. My plan is to hit the ground running with as many as 20 new stylists on opening day."
59 W 100 S Salt Lake City, UT 84101