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Small Cap Voice Featured Company: Nexia Holdings, Inc. (NXHD.OB)

Nexia Holdings, Inc. is a diversified holdings company with operations in health and beauty, fashion retail, and real estate. Currently, the company owns two salons, one retail store, one online retail store and two commercial properties.

The two salons, Landis Lifestyle Salon and Landis Salon, are both located in Utah. Landis Lifestyle Salon, located in Salt Lake City, is an Aveda™ Lifestyle Salon, while Landis Salon, located in Bountiful, is an Aveda™ Concept Salon. Nexia plans to grow the Landis brand to a national level with up to 5 locations in the Salt Lake region before executing a national expansion plan that could include franchise opportunities.

The retail store, operated by subsidiary Black Chandelier, sets itself apart from clothing giants such as The Gap, Hot Topic, and Target by offering eco-friendly fabrics, in-house sewers and silk screeners, and crazy models like Lisa D’Amato. The store was designed to be a tourist attraction that offers an innovative retail shopping experience.

In late 2008, the company announced a new real estate acquisition strategy to grow Nexia’s real estate portfolio as large portfolios of residential real estate held by banks, individuals, corporations or other entities are capitalized on as a result of subprime or other foreclosed loans. The company aims to acquire $100M worth of real estate under its real estate acquisition strategy.

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