SOURCE: BAETA Corp.

BAETA Corp.

February 10, 2011 08:25 ET

BAETA Corp. Advances to Next Level, Files S-1 Registration Statement

FORT LEE, NJ--(Marketwire - February 10, 2011) - BAETA Corp. (OTCBB: BAEA), an advanced provider of technology-enabled health improvement solutions, filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed offering of the Company's common stock. The Company filed the registration statement on Friday, February 4, 2011.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 

A portion of the shares being registered are being offered for sale pursuant to a Reserve Equity Financing Agreement entered into between the Company and AGS Capital Group, LLC on September 28, 2010, as previously reported in a Current Report on Form 8-K filed with the SEC on October 5, 2010. The remaining shares will be offered to the public through BAETA's Officers and Directors on a best-efforts basis.

"We are pleased to access the capital markets directly, efficiently raising funds to support the growth of BAETA Corp. and our flagship product suite, MyHealthTrends™," stated Len Pushkantser, Chief Executive Officer of BAETA Corp. "We are particularly excited about the prospect of accelerating the growth of BAETA Corp. and driving the sale and use of our health-focused products," concluded Pushkantser.

For additional information, please contact Len Pushkantser, CEO of BAETA Corp., at (201) 471-0988, extension 106.

About BAETA Corp.

BAETA Corp. (OTCBB: BAEA) is a technology-enabled health improvement company whose objective is to empower patients to elevate their role in the prevention, diagnosis, treatment, and recovery from illnesses. BAETA Corp. develops innovative, technology-driven healthcare information solutions enabling patients to easily capture health-related data. Please visit BAETA Corp. at http://www.baetacorp.com for more information about our products.

Not a Broker/Dealer or Financial Advisor:

BAETA Corp. is not a Registered Broker/Dealer or a Financial Advisor, nor does it hold itself out to be a Registered Broker/Dealer or Financial Advisor. All material presented in this press release, on the Company's website or other media is not to be regarded as investment advice and is only for informative purposes. Readers should verify all claims and conduct their own due diligence before investing in BAETA Corp. Investing in small-cap, micro cap and penny stock securities is speculative and carries a high degree of risk.

No Offer of Securities:

None of the information featured in this press release constitutes an offer or solicitation to purchase or to sell any securities of BAETA Corp.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS:

Information presented in this press release contains "forward looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements." Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects," "foresee," "expects," "will," "anticipates," "estimates," "believes," "understands," or that by statements indicating certain actions "may," "could," or "might" occur. Understand there is no guarantee past performance will be indicative of future results.

None of the information contained on the BAETA Corp. website is incorporated by reference herein.

Contact Information

  • More Information:

    Please contact:

    Len Pushkantser
    CEO
    BAETA Corp.
    (201) 471-0988 X106

    Or

    Jeffrey Staller
    President
    Heritage Corporate Services, Inc.
    (888) 604-7064