Nexia Holdings, Inc. (NEXA.OB) Announces Large Gross Revenue Increase
Nexia Holdings reported its second quarter results for the three and six month periods ended June 30, 2007. Gross revenues increased significantly from $365,107 for the three months ended June, 30 2006 to $739,610 for the same period this year. The company stated that the increase was due to inclusion of sales revenue from the operation of the Landis Salon and revenue from the Black Chandelier operations of Gold Fusion Laboratories Inc. Richard Surber, CEO of Nexia, stated, “I am anticipating a substantial increase in revenues as we prepare and head into the holiday sales season. I am currently working…