GRNE Reports Revenues of $2,193,790 and $733,642 for the Nine and Three Months Ended September 30, 2015
(firmenpresse) - SALT LAKE CITY, UT -- (Marketwired) -- 11/16/15 -- (OTC PINK: GRNE), a majority owned subsidiary of Sack Lunch Productions, Inc. (OTC PINK: SAKL), announces that it has filed its third quarter report on Form 10-Q with the SEC.
Revenues for the nine and three months ended September 30, 2015 were $2,193,790 and $733,642, compared to $2,428,730 and $744,856 for the same periods in 2014. This reflects a revenue decrease of 9.7% and 2.5% from the comparable periods in 2014.
Richard Surber, CEO of GRNE, commented, "Our revenues for the third quarter were down by 2.5%. The silver lining is that revenues are trending up. We had high costs associated with services as a result of increased hiring and training. However, this investment is already beginning to pay dividends based upon our October revenues. We reported a loss of $161,494 for the quarter most of which was attributable to interest expenses and related party interest expenses. As a result of paying off many loans, I expect interest expense to decrease significantly as well as we come into 2016."
Green Endeavors, Inc. (OTC PINK: GRNE), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNE''s wholly owned subsidiaries, Landis Salons, Inc., Landis Salons II, Inc., and Landis Experience Center LLC, ; operate hair salons built around the world-class AVEDA™ product line. For more information, visit . The numbers are not audited. 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 and . Investors should not invest more than they can afford to lose in penny stocks.
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 111
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Datum: 16.11.2015 - 14:04 Uhr
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News-ID 1399814
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