(1888PressRelease)
January 09, 2008 - Philadelphia, PA. bidnow.com inc.(other:BDNW:PK) announces that its has signed a Letter of Intent (LOI) with Frontera International Inc, a leading provider to the Hispanic "Self Banked" community.
Frontera International provides a unique "one stop shop" approach for it's target customer via carefully crafted store fronts and in-store kiosks,
offering check cashing, wire transfer, payday advance loans, pawn loans as well as other ancillary financial services.
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Following the completion of the due diligence, the company will finalize and sign a definitive agreement. The definitive agreement is being developed concurrently with the due diligence process.
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.
forward any inquires to : Bidnow.com inc.
PO Box 366
Newtown, PA 18940
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