GRNE Reports Revenues of $780,569 for Q1 '16, an Increase of 11%
/EINPresswire.com/ -- SALT LAKE CITY, UT -- (Marketwired) -- 04/01/16 -- Green Endeavors, Inc. (OTC PINK: GRNE), a majority owned subsidiary of Sack Lunch Productions, Inc. (OTC PINK: NXHD) announces preliminary revenue estimates from its salon operations for the first quarter of 2016 of $780,569.
Revenues for the three months ended March 31, 2016, were $780,569 compared to $701,478, an increase of 11% over the comparable period in 2015. GRNE also noted that it has made cash payments totaling over $40,000 settling all convertible debentures that remained with JMJ Financial and LG Funding, LLC.
Richard D. Surber, CEO of GRNE, commented, "We are on track to have our Form 10Q issued in record time this year. The initial revenue results show that all 3 locations are posting improvements over last year that range from 13% to 3% improvements in topline revenues."
About Green Endeavors, Inc.:
Green Endeavors, Inc. (OTC PINK: GRNE), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNE's wholly owned subsidiaries, Landis Salons, Inc., Landis Salons II, Inc., and Landis Experience Center LLC, http://www.landissalon.com, operate hair salons built around the world-class AVEDA™ product line. For more information, visit http://www.green-endeavors.com. The numbers are not audited and have not been reviewed by an independent accountant. GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2015 and 2014. 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.
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FOR MORE INFORMATION, CONTACT:
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 106
Email Contact
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