SALT LAKE CITY, UT--(Marketwired - Jan 28, 2015) - Nexia Holdings, Inc. (
Mr. Richard Surber, CEO, noted, "The current authorized share structure is a remnant from the distant past. Nexia will consider further decreases in its authorized shares in the event the price of its common shares rises substantially and stabilizes at a higher level. The action to reduce the authorized shares should be completed by the end of the first quarter. My team continues its efforts to transform NXHD. The transformation is anticipated to include filing a registration statement to bring NXHD back to fully reporting status. Furthermore, if my forecast for 2015 plays out as I expect it to, NXHD has a real shot at up listing to NASDAQ small cap or similar exchange by the end of 2016. "
About Nexia Holdings, Inc.:
Nexia Holdings, Inc. (