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Prospector
Profile
07.1669
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| Nexia Holdings, Inc. |
NAICS |
448120 |
| 59 West 100 South
Salt Lake City, UT 84101 |
Description |
Apparel Stores |
| (801) 575-8073 |
Employees |
86 |
| http://www.nexiaholdings.com/ |
Revenue |
(mil) |
1.8340 |
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Income |
(mil) |
-1.9670 |
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Assets |
(mil) |
4.7340 |
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Liability |
(mil) |
4.8550 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Nexia Holdings, Inc. reported a net loss of $1.3 million on total revenue of $762,666 for the third quarter ended Sept. 30, 2007, compared with a net loss of $1.7 million on total revenue of $434,575 in the same period last year. The Company's consolidated balance sheet at Sept. 30, 2007, showed $4.6 million in total assets, $5.2 million in total liabilities, $97,678 in minority interest, and $685,025 in total stockholders' deficit. At Sept. 30, 2007, the company's consolidated balance sheet also
showed strained liquidity with $532,062 in total current assets available to pay $2.6 million in total current liabilities.
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Intellectual Property:
In August of 2006, the Company signed an asset purchase agreement to acquire the rights, assets, inventories and receivables of the Black Chandelier clothing lines. Included in Gold Fusion Laboratories’ operations are the four retail outlets operated under the Black Chandelier label, in Trolley Square, Fashion Place Mall and Gateway shopping centers located in Salt Lake City and The Shops at Riverwoods located in Provo, Utah, as well as the on line shopping site, www.blackchandelier.com. Black Chandelier designs, produces and manufactures a majority of all items sold in its stores that are sold under the trademarks, Black Chandelier, Jared Gold, Olfactory Surrealism and Pink Chandelier. [SEC Filing 10-KSB 04-18-07]
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Description:
The Company, through its subsidiaries, engages in the acquisition, lease, and sale of real estate properties in the United States.
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Officers:
Richard Surber (Pres. & Dir.); Gerald Einhorn (VP, Sec. & Dir.); Adrienne Bernstein (Dir.)
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Auditor:
De Joya Griffith & Company LLC
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Securities:
Common Stock-Symbol NEXA.OB; OTC BB;
12,487,323,144 common shares outstanding as of November 18, 2007.
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