Posted On: 12/12/2014 8:34:28 AM
Post# of 94262
$NXHD A majority owned subsidiary of Nexia Holdings, Inc.,Green Endeavors, Inc., announces that it has filed its third quarter report on Form 10-Q with the SEC.
Some highlights from the Form 10-Q include a continued trend in further improving their working capital and the health of their balance sheet. During the third quarter, they recognized an additional $33,535 in debt forgiveness. Working capital improved by $403,111, as compared to December 31, 2013. They have settled over $945,085 in debt over the nine months ended September 30, 2014. Revenues came in at $2,428,730, compared to $2,646,259 for the same period in 2013. Nonetheless, their net income for the nine months ended September 30, 2014 was $69,061, compared to a loss of $37,461 for the same period in 2013.
Some highlights from the Form 10-Q include a continued trend in further improving their working capital and the health of their balance sheet. During the third quarter, they recognized an additional $33,535 in debt forgiveness. Working capital improved by $403,111, as compared to December 31, 2013. They have settled over $945,085 in debt over the nine months ended September 30, 2014. Revenues came in at $2,428,730, compared to $2,646,259 for the same period in 2013. Nonetheless, their net income for the nine months ended September 30, 2014 was $69,061, compared to a loss of $37,461 for the same period in 2013.
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