View: Annual Data | Quarterly Data All numbers in thousands PERIOD ENDING 30-Sep-06 30-Jun-06 31-Mar-06 31-Dec-05 Total Revenue 435 351 325 161 Cost of Revenue 172 174 260 110
Gross Profit 262 177 66 51
Operating Expenses Research Development - - - - Selling General and Administrative 1,768 839 344 (3) Non Recurring - - - 968 Others 19 13 11 15
Total Operating Expenses - - - -
Operating Income or Loss (1,525) (676) (289) (928)
Income from Continuing Operations Total Other Income/Expenses Net 265 2,088 78 1,136 Earnings Before Interest And Taxes (1,296) 1,449 (211) 208 Interest Expense 53 79 30 30 Income Before Tax (1,349) 1,369 (242) 178 Income Tax Expense - - - - Minority Interest (14) 27 9 12
Net Income From Continuing Ops (1,327) 1,361 (233) 190
Net Income (1,295) 1,329 (233) (127) Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares ($1,295) $1,329 ($233) ($127)
Nexia CEO Richard Surber Issues Update to Shareholders Thursday February 22, 11:04 am ET
SALT LAKE CITY, Feb. 22 /PRNewswire-FirstCall/ -- Nexia Holdings, Inc. (OTC Bulletin Board: NEXA - News), a diversified holdings company with operations in real estate, fashion retail and health & beauty, provided an update to shareholders today from Company CEO Richard Surber. ADVERTISEMENT
Dear Valued Shareholder:
I am pleased to report that Nexia is on the right track.
As we near the close of the month of February, I am very impressed with our retail gross revenues. From February 1 to 20, 2007, retail sales totaled $189,662 compared to $67,931 for the comparable period in 2006, a 279% increase. This increase is attributed not only from additional locations, but also double digit percentage increase in comparable same stores. Strong year- over-year growth is particularly impressive considering retail apparel and beauty sales are generally low in the month of February.
Founder and head designer of Black Chandelier Jared Gold is preparing to unveil his 2007 Spring Collection called "Nijinsky." Jared Gold's Spring Collection will be manufactured in multi-million dollar facilities located in both China and India. Clothing is made through high-tech computer designs that produce well-constructed garments for the discerning customer. Many styles will be made out of this season's highly sought after silk-like bamboo fiber. Bamboo fiber is a renewable resource that provides stability for commerce in developing countries.
Our manufacturing partnerships will reiterate Black Chandelier's global fashion presence and compelling retail ingenuity. This will also secure production capacity as sales increase. As we expand into new locations coast- to-coast, outsourcing was a necessary step to either improve or maintain the quality and integrity of the Black Chandelier and Jared Gold labels, while minimizing costs. Black Chandelier's goal is to provide innovative designs at price points that are accessible to a wide range of consumers. Our newly appointed branding director Andy Montana will play an instrumental role in guiding our Black Chandelier retail concept into a national franchise on a profitable basis.
In other news, Nexia's subsidiary Diversified Holdings, Inc. has realized about $200,000 over the last three days from the sale of a portion of its holdings in China Fruits Corporation (OTC Bulletin Board: CHFR - News). I sold a portion of the Company's portfolio securities to fund inventory production and development costs for spring inventory. I believe Nexia's upward revenue retail growth trend will continue and lead to enhanced shareholder value throughout 2007.
Sincerely,
Richard Surber CEO of Nexia Holdings, Inc.
About Nexia Holdings Inc. Nexia Holdings Inc, headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, http://www.landissalon.com, and operates four Black Chandelier retail locations and an online store at http://www.blackchandelier.com. For more information on Nexia, visit http://www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for December 31, 2005 and for the subsequent quarters during 2006. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov.
This press release contains forward-looking statements that are based on a number of assumptions, including the potential market response to spring designs, the successful completion of the marketing plans and expansion of Gold Fusion Laboratories, Inc. operations. The above statements further assume that Nexia can obtain sufficient capital to execute its announced expansion plans through outside investments including but not limited to obtaining significant leasehold improvements and sufficient lines of credit to fund the opening of additional Gold Fusion Laboratories, Inc. locations. Nexia's assumptions are further contingent upon Gold Fusion Laboratories, Inc. being able to properly staff its additional locations. There are no assurances that such assumptions will prove correct. These forward-looking statements involve a number of risks and uncertainties, including an expectation of substantial increase in sales. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
FOR MORE INFORMATION, CONTACT: Richard Surber, President Nexia Holdings, Inc. 801-575-8073 x106 RichardSurber*nexiaholdings.com or For Investor Relations: OTC Financial Network Rick McCaffrey 781-444-6100 x625 rick*otcfn.com http://www.otcfn.com/nexa
posted
Humbleman whats your reasoning force here??
Nexia Holdings Begins Trading Under New OTCBB Symbol "NEXA" Tuesday February 20, 8:30 am ET
SALT LAKE CITY, Feb. 20 /PRNewswire-FirstCall/ -- Nexia Holdings, Inc. (OTC Bulletin Board: NEXH - News; OTC Bulletin Board: NEXA - News), a diversified holdings company with operations in real estate, health & beauty, and fashion retail, announced today that pursuant to its previously announced 1-for-10 reverse split of its common stock that is effective today, the Company has been assigned the new trading symbol of NEXA. Effective at the open of trading today, Nexia's OTCBB trading symbol will change from NEXH to NEXA. ADVERTISEMENT
About Nexia Holdings Inc.
Nexia Holdings Inc, headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, http://www.landissalon.com, and operates four Black Chandelier retail locations and an online store at http://www.blackchandelier.com. For more information on Nexia, visit http://www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for December 31, 2005 and for the subsequent quarters during 2006. Nexia's disclosures can be viewed at www.nexiaholdings.com and www.sec.gov.
This press release contains forward-looking statements that are based on a number of assumptions, including the potential market response to the reverse stock split, the successful completion of the marketing plans and expansion of Gold Fusion Laboratories, Inc. operations. The above statements further assume that Nexia can obtain sufficient capital to execute its announced expansion plans through outside investments including but not limited to obtaining significant leasehold improvements and sufficient lines of credit to fund the opening of additional Gold Fusion Laboratories, Inc. locations. Nexia's assumptions are further contingent upon Gold Fusion Laboratories, Inc. being able to properly staff its additional locations. There are no assurances that such assumptions will prove correct. These forward-looking statements involve a number of risks and uncertainties, including an expectation of substantial increase in sales. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
FOR MORE INFORMATION, CONTACT: Richard Surber, President Nexia Holdings, Inc. 801-575-8073 x 106 RichardSurber*nexiaholdings.com or For Investor Relations: OTC Financial Network Rick McCaffrey 781-444-6100 x 625 rick*otcfn.com http://www.otcfn.comPosts: 6410 | Registered: Jul 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Nexia's Black Chandelier Jewelry Featured Tonight on the Hit TV Show 'CSI: NY' Mar 21, 2007 10:30:00 AM SALT LAKE CITY, March 21 /PRNewswire-FirstCall/ -- Nexia Holdings, Inc. (OTC Bulletin Board: NEXA), through its wholly owned subsidiary Gold Fusion Laboratories, is pleased to announce Black Chandelier's unique "Roach Brooch" jewelry will be featured in tonight's episode of "CSI: NY," which airs on CBS, Wednesday at 10:00 pm EDT. To view a preview of the episode "A Daze of Wine and Roaches," visit http://www.cbs.com/primetime/csi_ny/. "CSI: NY" consistently outperforms the competition, coming in first among all households and drawing 14.3 million viewers during the week ended March 4, 2007.
Head designer of Black Chandelier Jared Gold is famous for taking an ironic twist on fashion. His latest fashion craze, the Roach Brooch, uses a proprietary by-hand process to gently bejewel live Madagascar hissing cockroaches with Austrian Swarovski crystal (placed on top of the non-feeling part of the head), which are then accessorized with a leash set and sold ready to wear. The Roach Brooch has drawn nearly constant news coverage since its introduction in October 2006. America's Next Top Model 2006, CNN, MSNBC, local news channels and many other media outlets have featured the Roach Brooch, putting retailer Black Chandelier in front of millions of potential consumers coast-to-coast.
Andy Montana, Brand & Marketing Director for Nexia Holdings, Inc., stated, "We are working diligently to keep the momentum building for Jared Gold's fashion line and to peak consumer interest in adopting Black Chandelier as a lifestyle brand. In fact, a number of celebrities are wearing our designs, which helps us attract a much broader fashion-conscious audience. This past Friday night the infamous Jenna Jameson wore a piece from the Jared Gold collection entitled "Quiet Army" for the Jared Gold Fashion Show in Los Angeles."
"Lifestyle brands such as Black Chandelier create a platform to dramatically grow our retail sales through our national franchise marketing concept. Black Chandelier's mission is to achieve $50 million in revenues by 2011. Our marketing and publicity strategies are important catalysts toward achieving this goal," said Richard Surber, CEO of Nexia Holdings, Inc.
New media coverage coincides with the Company's participation in runway fashion shows and plans to open premier retail outlets nationwide. The Company also recently enhanced its online shopping experience at http://www.blackchandelier.com.
About Nexia Holdings Inc.
Nexia Holdings Inc., headquartered in Salt Lake City, Utah, is a diversified holdings company with operations in real estate, health & beauty, and fashion retail. The Company has been acquiring undervalued properties in the Salt Lake City area since the early 1990s. Nexia owns a majority interest in Landis Lifestyle Salon, http://www.landissalon.com, a hair salon built around the world-class AVEDA(TM) product line. Through its Gold Fusion Laboratories subsidiary, Nexia owns the innovative retail and design firm Black Chandelier and its related brands. Black Chandelier is expanding nationwide, and currently operates four retail locations and online operations at www.blackchandelier.com. For more information, visit http://www.nexiaholdings.com.
Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for December 31, 2005 and for the subsequent quarters during 2006. Nexia's Disclosures can be viewed at www.nexiaholdings.com and www.sec.gov.
This press release contains forward-looking statements that are based on a number of assumptions, including the successful completion of the marketing plans and expansion of Gold Fusion Laboratories, Inc. operations in a short period of time. The above statements further assume that Nexia can obtain sufficient capital to execute expansion plans through outside investments including but not limited to obtaining significant leasehold improvements and sufficient lines of credit to fund the opening of additional Gold Fusion Laboratories, Inc. locations. Nexia's assumptions are further contingent upon Gold Fusion Laboratories, Inc. being able to properly staff its additional locations. There are no assurances that such assumptions will prove correct. These forward-looking statements involve a number of risks and uncertainties, including an expectation of substantial increase in sales. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
FOR MORE INFORMATION, CONTACT: Richard Surber, President Nexia Holdings, Inc. 801-575-8073 x 106 RichardSurber*nexiaholdings.com or For Investor Relations: OTC Financial Network Rick McCaffrey 781-444-6100 x625 rick*otcfn.com http://www.otcfn.com/nexa SOURCE Nexia Holdings, Inc.
---------------------------------------------- Richard Surber President of Nexia Holdings Inc. +1-801-575-8073 x 106 RichardSurber*nexiaholdings.com; or investors Rick McCaffrey of OTC Financial Network +1-781-444-6100 x 625 rick*otcfn.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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