Business
Frontera Investment Announces Second Quarter 2008 Revenues
Frontera Investment Announces Second Quarter 2008 Revenues.
About this update from Frontera Investment Inc
[{"type":"text","content":"Frontera Investment, Inc. (OTC:FRNV) announced today that its second quarter revenues ended June 30, 2008 totaled $1,678,000, a 9.4% increase over its first quarter revenues of $1,533,900.\n\nFrontera 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.\n\nThe 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.\n\nForward-Looking Statements\n\nSuch 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. \n\nPlease forward any inquiries to:\n\nAllan Youngberg, CFO\nFrontera Investment, Inc.\nIR@ fronterainvestment.com","length":1547,"tagName":"div"}]