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NEWS
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News |
Frontera
Investment Announces First Quarter 2008 Revenues
San Diego, CA April 28, 2008
– Frontera Investment, Inc. (OTC:FRNV), formerly Bidnow.com,
Inc. (OTC:BDNW) announced today that its first quarter revenues
totaled $1,533,670, a 27% increase over its fourth quarter revenues
of $1,204,434.
Frontera utilizes advanced technology to offer competitive prices on
a wide range of financial products and services, including check
cashing, loans (payday and gold jewelry loans), money transfers, and
tax preparation. Frontera’s mission is to be the first full service,
low cost, Hispanic financial services brand servicing the
alternative financial services market.
The Hispanic market is currently estimated at 40 million consumers,
half are un-banked. About 35 percent of the total US households are
un-banked or use alternative financial services companies.
Forward-Looking Statements
Such forward-looking statements are subject to a number of risks,
assumptions and uncertainties that could cause the Company's actual
results to differ materially from those projected in such
forward-looking statements. These risks, assumptions and
uncertainties include: the ability to complete expansion within
currently estimated time frames and budgets; the ability to compete
effectively in a rapidly evolving and price competitive marketplace;
changes in business strategy; the successful integration of newly
acquired businesses; and other risks referenced from time to time in
the Company's filings with the Securities and Exchange Commission.
Please forward any inquiries to:
Thomas Sculley
Stock Profiler.US, LLC
info@stockprofiler.us
603-621-9420 |
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