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TopPickStocks Featured Company!
| Company: Nexia Holdings Inc | ![]() |
| Symbol: NEXA.OB | |
| 59 W. 100 S., 2nd Floor Salt Lake City, UT 84101 801-575-8073 phn 801-575-8092 fax hudconsult@aol.com http://www.nexiaholdings.com |
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RECENT COMPANY NEWS: |
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Nexia's Black Chandelier Presents Holiday Fashion Runway Event Hosted by Fashion Icon Published in 'Paris Vogue' Nexia Moves Forward with Plans for a Stock Dividend in Green Endeavors Ltd. Nexia and Landis Lifestyle Salon Team With The Afghanistan Orphanage Project AmeriResource Sells Green Endeavors LTD. for $750,000 of NEXA Preferred Stock Nexia's Revenues Increase 54% Year-over-Year to an Estimated $2.3 Million Nexia Closes Acquisition of Green Endeavors; Landis Salons On Track to Nexia Explores Opportunities in China Through Black Chandelier's Chinese Nexia's Black Chandelier Signs Popular Underground Artists and Internet Celebrities Nexia Announces Settlement of Debt Nexia Announces Retail Sales Growth Trend Continues in the Month of August Nexia Presents Online Video to Discuss Key Points of Difference of Landis as an Aveda(TM) Lifestyle Salon NEXIA HOLDINGS INC Financials |
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ABOUT NEXIA HOLDINGS |
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Nexia has been in existence in excess of ten years. Over the past five years it has sharpened its focus to the real estate market and the purchase of underperforming properties and through the repair and upgrade of those properties to increase their value and cash flow potential. Current management of the company has been able to prove the effective nature of this business model and seeks to expand its scope through the acquisition of additional properties. Full time staff that includes property management, legal support and accounting services provides the necessary management and talent to continue the expansion track set by top management. Nexia has in the past been extensively involved in providing assistance to public companies including providing assistance to various small companies in their efforts to become publicly reporting. This has resulted in Nexia subsidiaries holding stock in these small companies which has proven difficult or impossible to sell. Nexia has ceased taking new clients in this arena due to the difficulties in realizing a consistent profit from these services. Nexia trades on the OTCBB under the symbol "NEXA" |
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INTERVIEW WITH RICHARD SURBER, CEO/PRESIDENT |
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Nexia Holdings, Inc., Chief Executive Officer Richard Surber was recently interviewed from the NASDAQ and featured in ItsAboutFinance.com's DRIVING INNOVATION CEO Interview Series. |
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properties |
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Nexia's real estate operations primarily involve the acquisition, management, lease and sale of real estate holdings. Nexia owns a variety of commercial and residential properties in Utah and other parts of the United States. The Company seeks to locate and acquire undervalued real estate (which is primarily commercial) with little or no cash down. Once acquired, the Company's real estate holdings are leased. Though the Company seeks to generate and maximize rental income through the management and lease of the property, our primary goal is to acquire real estate which will substantially appreciate in value and for which we can realize a substantial gain upon disposition. DOWNTOWN DEVELOPMENT CORPORATION KEARNS DEVELOPMENT CORPORATION WASATCH CAPITAL CORPORATION |
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real estate operations |
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Nexia's objective, with respect to real estate operations, is to acquire, through subsidiaries, properties which management believes to be undervalued and which Nexia is able to acquire with limited cash outlays. Nexia will consider properties anywhere within the continental United States. Nexia attempts to acquire such properties by assuming existing favorable financing and paying the balance of the purchase price with nominal cash payments or through the issuance of shares of common stock. Once such properties are acquired, Nexia leases them to primarily commercial tenants. Nexia also makes limited investments to improve the properties with the objective of increasing occupancy and cash flows. Management believes that, with limited improvements and effective management, properties can be sold at a profit within a relatively short period of time. Nexia recorded rental revenues of $60,109 for the three months ended March 31, 2006, as compared to $96,636 for the comparable period in 2005. The decreases in the three month rental revenue of $36,527, or 38%, was due to the reduction in rental properties held by the Company in 2006 compared to 2005. Nexia had a loss from real estate operations of $95,275 for the three months ended March 31, 2006, compared to a loss of $74,704 for the comparable period in 2005. The increase in the three month losses of $20,568, or 28%, are attributable to the reduction in rental revenue resulting from the sale of Glendale Plaza in April of 2005 and the loss of two tenants from the Kearns Development property. Nexia will continue efforts to improve profitability and cash flow by working to increase occupancy and rental income from those properties which have a high vacancy rate as well as focusing on properties with the highest per square foot rental rates. Nexia also intends to continue to purchase real estate primarily for appreciation purposes. Accordingly, Nexia hopes to not only minimize any real estate cash flow deficit, but also generate sufficient cash to record a substantial profit upon property disposition. |
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landis aveda |
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black chandelier |
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Click here: Black Chandelier Homepage
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black chandelier.biz |
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Welcome to the Almighty Black Chandelier webstore. The only place on the web to get authentic Jared Gold design. Products on this website are always in limited supply and very ephemeral. We do this to guarantee a constant influx of fresh product and magical style. If you see something you like, don't delay it may be gone the next day. Categories
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store locations |
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Black Chandelier Celebrates Grand Opening of its Flagship Store in the Fashion Place Mall Magical Funhouse Flagship Store of Black Chandelier located at the Fashion Place Mall Black Chandelier Salt Lake City Located Trolley Square Mall 600 S. 700 E. 801.359.2426 Black Chandelier Los Angeles Located in Sirens & Sailors 1104 Mohawk St. 213.483.5423 Black Chandelier Located in downtown Salt Lake at the Gateway 801.456.0197 |
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management bios |
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Gerald Einhorn, 66, was appointed to the board in June of 2002 as a Director, Vice-President and Secretary of Nexia. He was employed by Hudson Consulting Group, Inc. (a former subsidiary of Nexia) in its legal department from February 1996 to November 2003 as an attorney working in the areas of real estate, corporate and securities matters. Prior to that time, Mr. Einhorn was self employed for more than 20 years in Long Island, New York as a wholesale distributor of fresh produce and frozen foods to retail and institutional end users. He is a member of the New YorkBar and practiced in New York State for a period of 10 years before entering the food distribution. Adrienne Bernstein, 61, was appointed to the Board of Directors in June 2002. Ms. Bernstein had previously been a director of Axia Group, Inc. from 1999 through 2001. From 1988 to 1994, Ms. Bernstein was the Assistant Director of Human Resources for the Love Stores, a chain of retail health and beauty stores. In this capacity, Ms. Bernstein was responsible for hiring and training all employees and for preparing management and employee seminars. Prior to her position with the Love Stores, Ms. Bernstein served as a Vice President for Leucadia National Corporation, a NYSE traded company specializing in finance, insurance and manufacturing. In this capacity, Ms. Bernstein's primary emphasis involved real estate management and sales activities.
Michael Golightly |
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investors Stock Information |
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The information available through the following links is for due diligence purposes and they are maintained to be as current and correct as possible, where the company controls the content. From time to time updates and new information may take up to forty-eight house to appear on the links or on this site. When considering investment in the company, it is strongly suggested that you become educated and completed review the latest filings with the Securities and Exchange Commission, on their website or through the links on this page. This website may contain forward looking statements which are made subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve a number of risks and uncertainties, including the timely development of expansion and acquisition plans by the company. The successful acquisition of additional properties and the ability to secure sufficient financing to complete those acquisitions are uncertainties. Any results that the company may achieve could differ materially from any such forward looking statements contained on this website due to the risks and uncertainties of Nexia's business operations and plans. Nexia's current operations consist of the acquisition, leasing and selling of real estate. Nexia currently owns and operates a 38,000 square foot retail/office building, a 15,000 square foot office building, an 11,000 square foot office building and a 7,000 square foot retail building. All of these buildings are located in the greater Salt Lake City, Utah area. Our business plan for the next twelve months involves the continued operation of our office buildings in Salt Lake City, Utah coupled with our ongoing attempts to locate and acquire additional commercial space in the greater Salt Lake area and elsewhere and to locate suitable buyers for the properties as the circumstances may permit. Nexia is a real estate holdings company, involved in the acquisition, management, lease and sale of commercial real estate. Nexia's material current holdings are all located in the Salt Lake City, Utah market. Nexia seeks to locate and acquire undervalued real estate (primarily commercial properties) with little or no cash down payment. Once acquired the properties are leased to commercial tenants. Though Nexia seeks to generate and maximize rental income through the management and leasing of these properties, Nexia's primary goal is to acquire real estate which will substantially appreciate in value and from which it can realize substantial gain upon the sale of that property.Nexia has been in existence since 1987. Over the past six years it has sharpened its focus on the real estate market and the purchase of underperforming properties. Through the repair and upgrading of those properties Nexia seeks to increase their market value and cash flow potential. Current management has been able to prove the effective nature of this business model and seeks to expand its scope through the acquisition of additional properties. Full time staff of the company includes legal support, accounting services and a management team that provides the necessary management and talent to continue the business plan set out by top management.
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recent news |
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Nexia Holdings, Inc. Updates the Wall Street Reporter Investor Community On Its Multi-Brand Build-Out Nexia's Black Chandelier Introduces Eco-Friendly Clothing Line and Adds Over 6,500 Pieces of New Merchandise NEXIA HOLDINGS INC Files SEC form 10QSB, Quarterly Report Nexia Holdings Reports Strong Revenue Increases in the Second Quarter Nexia Holdings Achieves Key Milestones Year-to-Date 2007 Nexia Increases Revenues by Acquiring 'Reflections' Studio NEXIA HOLDINGS INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant Nexia Retains Hansen, Barnett & Maxwell, P.C. Nexia Achieves 80% Sales Growth in the First Half of 2007 Nexia Executes Agreement to Acquire Net2Auction, Inc. NEXIA HOLDINGS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits NEXIA HOLDINGS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits Nexia Signs Letter of Intent to Acquire AVEDA(R) Beauty Salon 'Reflections' Nexia Announces Strong Retail Sales Growth in the Month of May Nexia's Black Chandelier Launches Friends & Family Promotion OTC Financial Network Issues Updated Corporate Profile on Nexia Holdings Nexia Holdings CEO Updates the Investment Community in All-New WallSt.net Interview Nexia Holdings Reports First Quarter Revenues Up 127% Year-over-Year NEXIA HOLDINGS INC Files SEC form 10QSB, Quarterly Report Nexia Holdings to Be Featured in MN1 Interview Nexia Reports Strong Retail Sales in the Month of April Nexia's Black Chandelier Launches Redesigned Web Commerce Site NEXIA HOLDINGS INC Financials Nexia's Black Chandelier Outfits the Divas of the WWE(R) for Exclusive Timbaland & The Hives Video Nexia's Black Chandelier Featured in 'Shopping Centers Today' Article Nexia Holdings Podcast Now Available for Download at MN1.com NEXIA HOLDINGS INC Files SEC form 10KSB, Annual Report Nexia Announces Record Q1 '07 Total Revenues Increase 110% Year-over-Year Nexia's Black Chandelier Launches First Installment of New Retail Merchandise Nexia's Black Chandelier Hits L.A. Fashion Show With Smashing Success Nexia's Black Chandelier Jewelry Featured Tonight on the Hit TV Show 'CSI: NY' Nexia's Black Chandelier Participates in BOXeight Runway Fashion Show at the Los Angeles Theatre on March 16th @ 9:00 PM PDT Nexia's Family of Companies Reaches Employee Milestone Nexia Holdings Achieves Double-Digit Growth in Retail Sales for the Month of February and Year-To-Date Nexia Discusses Retail Strategy in an Exclusive WallSt.net Interview NEXIA HOLDINGS INC Financials Nexia CEO Richard Surber Issues Update to Shareholders Nexia's Black Chandelier Plans New Location in Trolley Square Nexia Holdings Begins Trading Under New OTCBB Symbol "NEXA" C O R R E C T I O N -- Nexia Holdings Inc./ Nexia Holdings Reports Record Monthly Sales Increases in January 2007 Nexia Holdings Appoints National Brand Strategist Andy Montana To Spearhead Retail Growth Black Chandelier Inks Expansion Deal with General Growth Properties |
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