SALT LAKE CITY, UT--(Marketwired - Aug 21, 2014) - Green Endeavors, Inc. (
GRNE has continued its efforts to reduce liabilities and improve equity. During the six month period ended June 30, 2014, we reduced convertible debt instruments and related accrued interest by $911,550. We recognized a $212,194 gain as a result of this debt reduction. In addition to the significant debt reduction mention above, we reduced our working capital deficit by $279,724 to $669,090. During the six month period ending June 30, 2014, our total stockholders' deficit was reduced by $802,051. Finally, net income for the second quarter ended June 30, 2014 was $189,274.
Richard Surber, President and CEO of Green Endeavors, Inc., commented, "I am pleased GRNE continues to make progress in improving the balance sheet and profitability of the company."
About Green Endeavors, Inc.:
Green Endeavors, Inc. (
Contact Information:
FOR MORE INFORMATION, CONTACT:
Richard Surber
President
Green Endeavors, Inc.
801-575-8073 x 106