GRNE Reports Revenues of $780,569 for Q1 ‘16, an Increase of 11%
02 April 2016 - 6:30AM
InvestorsHub NewsWire
GRNE Reports Revenues of $780,569 for Q1 16, an Increase of 11%
Salt Lake City, Utah -- April 1, 2016 -- InvestorsHub NewsWire
-- Green Endeavors, Inc. (OTC
PINK: GRNE), a majority owned subsidiary of Sack Lunch
Productions, Inc. (OTC
PINK: SAKL) 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. GRNEs
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.
FOR MORE INFORMATION, CONTACT:
Richard Surber, President
Green Endeavors, Inc.
801-575-8073 x 106
hudconsult@aol.com
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