GRNE's 1st Quarter Form 10Q Filing Shows

New Post Public Reply Private Reply Replies (2) Message Board
trooperstocks Jerseyfish #18

GRNE's 1st Quarter Form 10Q Filing Shows Marked Financial Improvements

Date : 28/08/2013 @ 12:03
Source : Marketwired
Stock : Green Endeavors, Inc. (PL) (GRNE)
Quote : 0.0045  0.0002 (4.65%) @ 16:43

GRNE's 1st Quarter Form 10Q Filing Shows Marked Financial Improvements

Green Endeavors, Inc. (PL) (USOTC:GRNE)
Historical Stock Chart

2 Months : From Jul 2013 to Sep 2013

Click Here for more Green Endeavors, Inc. (PL) Charts.

Green Endeavors, Inc. ( PINKSHEETS : GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (PINKSHEETS: NXHD), has filed its Form 10-Q for the period ended March 31, 2013 with the SEC.

The first quarter 2013 report shows improvements in the operations of GRNE over the comparable period in 2012. During the first quarter Green's  net sales increased to $854,313, an increase of $120,289 or 16.4% over the same period of 2012. This includes $68,115 or a 12% growth in service revenues and an increase of $54,174 or 28.9% in product revenues. During the first quarter of 2013 Green's  operating expenses decreased compared to the first quarter of 2012, which resulted in a reduction in our losses from operations to $3,280 for the first quarter of 2013 quarter as compared to a loss of $79,818 in the first quarter of 2012. Net losses decreased to $93,924 for the 1st quarter in 2013 from $309,168 for the comparable period in 2012.

Richard D. Surber, CEO of GRNE, stated, "We are teetering on  profitability at this point. I am bringing in the best trainers in the industry to help bring focus to more effectively executing our service wheel. We are really focusing on stylists' behavior to improve our  guests' experience . Revenues and net income will follow an improved guest experience. We will be able retain more guests, charge higher prices, and provide our guests with the tools necessary to maintain their hair, skin, and body which will all translate to higher service and  product sales . Improved guest experiences coupled with eliminating certain convertible debts that have caused derivative liabilities and interest expenses will bring us to net profits if we continue on our current  growth trajectory. I also expect to be current with our SEC filings within the next few weeks after which we expect to maintain current status."

About Green Endeavors, Inc.:

Green Endeavors, Inc. (PINKSHEETS: GRNE), headquartered in Salt Lake City, Utah, is a  holding company with operations in health & beauty. GRNE's wholly owned subsidiaries, Landis Salons, Inc. and Landis Salons II, Inc. http://www.landissalons.com, operate hair salons built around the world-class AVEDA™ product line. Our newest wholly owned subsidiary Landis Experience Center, LLC. http://www.avedaatcitycreek.com, sell a full array of Aveda™ products. For more information, visit http://www.green-endeavors.com. GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2012 and 2013. GRNE's disclosures can be viewed at www.sec.gov and www.otcmarkets.com. Investors should not invest more than they can afford to lose in penny stocks.

FOR MORE INFORMATION, CONTACT:

Richard Surber

President

Green Endeavors, Inc.

801-575-8073 x 106 

Email Contact

Green Endeavors, Inc. (GRNE) Stock Research Links

GRNE Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Honeywell Aerospace Faces Securities Lawsuit Amid Turmoil

Updated Category News Views 3

Legal Storms Brewing for Honeywell Aerospace Well, stock aces, here's a curveball for anyone with a stake in Honeywell Aerospace Inc. (NASDAQ: HONA). The DJS Law Group tossed a legal grenade right into the heart of Honeywell's operations. Allegations fly that the company's been playing fast and loose with the truth during its supply chain saga. The Heart of the Allegation...

Continue Reading
Laredo Oil Eyes Big Gains in Argentina's Oil Play

Updated Category News Views 5

Argentina's Oil Play: Laredo Oil's Bold Venture Talk about shooting for the stars. Laredo Oil's second tête-à-tête with Santa Cruz Province's big wigs highlights their itch to rejuvenate Argentina's tired oil fields. For folks who know the nitty-gritty of oil, we're talking about the Golfo San Jorge Basin, a place where old dogs might learn new tricks thanks to that...

Continue Reading
Selling Montana Cabins: Tips from Shawna Norry

Updated Category News Views 4

Understanding the Challenges of Selling Montana Cabins When folks think about selling real estate, the logistics of marketing quaint Montana cabins or lifestyle properties can be different than your typical city apartment. In the wide-open spaces of places like Libby, Montana, seller needs aren't just about showing a property—it's about telling a story. Shawna Norry, an...

Continue Reading
Dairy Blends Market Eyes USD 15.38B by 2035 Growth

Updated Category News Views 3

The dairy blends market, set to barrel towards USD 15.38 billion by 2035 according to Credence Research, isn't just a numbers game. It's a tug-of-war between different fats, regions, and regulations. For those betting on future market movements, this shouldn't be a passing glance. Rising from USD 9.97 billion in 2025, these figures suggest consistent waves rather than...

Continue Reading
PAG Secures $355M to Accelerate Aggressive Growth

Updated Category News Views 9

Platform Accounting's Bold Expansion Move When you hear about a $355 million strategic financing round, it paints a picture of company ambitions colored in big, bold strokes. Platform Accounting Group (PAG) has managed to secure such a hefty financial backing from Treville Capital Group, taking a serious shot at expanding its footprint and offerings. This is no small...

Continue Reading
Jackson Hewitt Aims to Recruit 15,000 Seasonal Staff

Updated Category News Views 8

Revving Up for Tax Season: Jackson Hewitt's Hiring Push When tax season looms, the hustle can't be understated, and Jackson Hewitt is cranking it up by hunting for 15,000 new recruits to tackle this annual financial circus. Starting October 26, this hiring fest is open season across the nation, pulling out all the stops to bolster its workforce. But what does this mean...

Continue Reading
Tutoring America Champions Educational Equity with Grants

Updated Category News Views 11

Bolstering Educational Support for Low-Income Students In a world where opportunities hang on the thread of education, Tutoring America stands as a beacon for those left behind. This nonprofit tackles the education gap head-on, aiming to uplift low-income kids before they hit high school turbulence. Frankly, what they're doing is more than just good work—it's laying the...

Continue Reading
Primoris Faces Allegations Over Misleading Project Costs

Updated Category News Views 3

Primoris in the Legal Crosshairs Here's something that's bound to rile up any investor keeping tabs on NYSE: PRIM like it's their personal stock ticker. Apparently, Primoris Services Corporation has found itself neck-deep in some murky waters. This time, it's law firm Moore Law PLLC that's raising the alarm bells, calling on shareholders to step into the legal ring....

Continue Reading
Mastering Power Efficiency with Phase Converters

Updated Category News Views 9

Powering Multiple Machines: A New Approach? You ever look at a workshop crammed with machines and wonder if it's all a waste of space, time, and money? Jay Yuergens from North America Phase Converter Co. gives us the lowdown on how one rotary or digital phase converter can handle the load. And let me tell you, it ain't as crazy as it sounds. It's all about finesse and...

Continue Reading
Lincoln's Legal Tangle: Stock Plunge Sparks Lawsuit

Updated Category News Views 2

Lincoln Educational's Troubles Unravel You think you've seen it all, then boom—Lincoln Educational Services hit the skids with their stock diving close to 25% back in August 2026. This ain't your usual small hiccup; we’re talking a lawsuit filed and investors eyeing action as miserly as a broker when the market tumbles. News like this? It shakes the rafters of any...

Continue Reading

Top 5 Most Recently Viewed Articles

Transforming a Decade of Investment: The Ensign Group Journey

Updated Category News Views 176

Transforming a Decade of Investment: The Ensign Group Journey Ensign Group (NASDAQ: ENSG) has shown a remarkable performance over the last decade, surpassing the market with an impressive annualized growth rate of 12.64%. This extraordinary growth results in an average annual return of 23.92%, highlighting the potential benefits of long-term investments. Significance of a...

Continue Reading
CommunityRewards™ Partners with 305 Pink Pack for Charity Event

Updated Category News Views 338

Join CommunityRewards™ for a Unique Charity Event CommunityRewards™ is excited to announce its partnership with 305 Pink Pack for an inspiring fundraising event. Together, they will host a special night at the Miami Heat vs. Atlanta Hawks NBA game, celebrating local community efforts to support women battling cancer. This event will take place at the Kaseya Center,...

Continue Reading
Aberdeen Hikes Distribution for MMT by 22% in Bold Move

Updated Category News Views 23

In the ever-shifting dance of fund management, Aberdeen Multi-Market Income Fund is taking some bold new steps. If you're holding some shares of NYSE:MMT, you're about to see a plumped-up distribution check thanks to a hefty 22% increase in monthly payouts. But is this move pure bravado or a calculated masterstroke? Mood Shift: Managed Distribution Policy Kicks In The...

Continue Reading
Ryan Specialty Enhances Financial Position with $600 Million Notes Offering

Updated Category News Views 198

Ryan Specialty Prices $600 Million in Senior Secured Notes Ryan Specialty Holdings, Inc. (NYSE: RYAN) is making headlines with its recent announcement regarding the pricing of an impressive $600 million aggregate principal amount of senior secured notes. This comes as a significant initiative by Ryan Specialty, LLC, an indirect subsidiary of the company, aimed at...

Continue Reading
Advancing Pediatric Research: Pied Piper Foundation's Mission

Updated Category News Views 372

Pied Piper Foundation Joins CBTN Executive Council The Children's Brain Tumor Network (CBTN) is pleased to announce a new strategic partnership with the Pied Piper Foundation, which has recently joined the Executive Council. This collaboration brings together CBTN's expertise in childhood brain cancer research and the Pied Piper Foundation's strengths in fundraising and...

Continue Reading