Bidnow.com Inc. has announced plans for a one for fifteen reverse split with a tentative effective date of March 15, 2008. Upon completion of the contemplated merger between Bidnow.com and Frontera Investment Inc., the company will operate under their new official name Frontera Investment Inc.

In early December, Bidnow.com signed a Letter of Intent (LOI) with Frontera Investment, Inc.

About Frontera Investment Inc.

Frontera is the first company that has developed a “one stop shop” approach to delivering services to the unbanked consumer. (50 million plus consumers).
The site is http://www.fronterainvestment.com.

Those services are:
Check Cashing
Wire Transfer
Pay Day and Pawn Loans
Other Ancillary Banking Services (money orders, phone cards, tax returns et al)

Safe Harbor Statement:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company’s control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission.

Please forward any inquires to:
Bidnow.com Inc.
PO Box 366 -
Newtown, PA 18940
Investment relations contact: Joe Earle 858-735-9477

Posted: 03|1|08 at 11:55 am. Filed under: News.