Nexia Holdings, Inc. (NEXA.OB) Soars 50%

Shares of Nexia Holdings, Inc soared to close up 50% today to close at .0003 on heavy volume and no news. The stock is up 2005 in the past two weeks after recovering from the recent market sell off inspired by the prime-mortgage bubble burst.

The most recent news for the company was out on August 30th, when it was announced that Wall Street Reporter Magazine recently published an exclusive interview with Richard Surber, president and CEO of Nexia Holdings Inc. Highlighted in the interview was how the company’s growing consumer ventures doubled their revenue in the most recent reporting period. The Black Chandelier brand’s potential as “an upscale Hot Topic” with unique design and “fantastic” expansion so far. Plans to build out the Landis beauty salon concept into an Aveda-compliant environmentally friendly chain of up to 5-6 locations by year-end. Management’s combined experience to achieve the company’s multi-faceted objectives. The companies substantial real estate holdings throughout Utah.

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