grnechart

GRNE Is Our New Sub Penny Alert

On September 18, 2011, in Featured Plays, by PennyStockRumors.net

Good evening readers and welcome new subscribers ! Hope you had a wonderful weekend.

Tonight we will be looking at another sub penny company ! We all know the gains our last sub penny alert, MWIP, provided (167%). It will be interesting to see how GRNE trades tomorrow with a chart that appears to be primed for an explosion ! See below for our annotated chart .

Our new sub penny alert is:

GRNE - Green Endeavors, Inc.

GRNE is trading at just .0052 per share !

GRNE trades on the OTCQB - the highest OTC tier !

GRNE has a float of just 153 million !

Green Endeavors, Inc. is an OTCQB company headquartered in Salt Lake City, Utah. GRNE operates in the health and beauty sector. GRNE’s wholly owned subsidiaries, Landis Salons, Inc. and Landis Salons II, Inc. are hair salons built around the world-class Aveda product line.

You can visit the company website here.

GRNE has a very successful business run thus far. They currently have revenue in the millions! Their flagship salon named Landis Lifestyle Salon location has 20 chairs and gross annual revenues of approximately $2M. Better yet they plan on opening 6 more locations!

Mr. Surber is the entrepreneurial force behind the Landis Lifestyle Salon business model that he financed and co-founded in 2005.  His long term vision for Green Endeavors and the Landis Lifestyle Salon business includes opening company owned and franchised salons throughout the United States.  All salons owned by Green will be energy efficient, Earth friendly, beautifully designed, immaculately clean with a focus on excellent guest services.   Mr. Surber believes that educated stylist and their guest are the hallmarks to a successful salon organization.

They are making the same purposeful business moves! Let’s put previous quotes from the CEO together with a recent PR.

Check out a quote from the recent news: “A single stylist that masters the art of excellent guest service can generate in excess of $80,000 in revenues over the course of 12 months.”

 

“Growth in revenue over the comparable annual periods is primarily due to the opening of the Marmalade Salon and increasing number of hair stylists.”

Aveda, owned by the very reputable Estée Lauder, is a very accomplished and earth friendly cosmetic company. Aveda utilizes organic ingredients in their products; they are made from the finest plants and flower ingredients, being 97% to 99% naturally derived. Landis Salons haven’t gone “green”; we have been “green” from the very beginning !

Annotated Chart:

Recent News:

GRNE’s Salon Revenues Reach $255,000 for August 2011; Marmalade Store Achieves Record Sales

Sep 12, 2011 - Green Endeavors, Inc., a majority-owned subsidiary of Nexia Holdings, Inc., announced today that its Landis / AVEDA salon operations, which are powered in part by renewable energy, posted revenues of $255,000 for the month of August 2011, a 20% increase over the same month in 2010.
Revenues were generated from two locations, Landis’ flagship store located in Liberty Heights and its newest store in the Marmalade district of Salt Lake City. Combined total revenues for both locations were $254,993 (unaudited) in August 2011, compared to total revenues of $194,256 (audited) for the comparable month in 2010. The Marmalade salon reported its best month ever since opening its doors in October 2010 and the August revenue numbers continue a pattern of growth month to month.

You can read the full press release here.

Add GRNE to your watchlist right now ! Level 2 quotes will be posted on our Twitter. Our last sub penny provided you with 167% in gains. What will GRNE do ?

Disclaimer

Upon receipt of this email, you acknowledge that you have read our Disclaimer. The following image is an abbreviated version :

If you enjoyed this article, please consider sharing it!

Tagged with: •  

Comments are closed.