SOURCE: BAETA Corp.

BAETA Corp.

April 07, 2011 08:25 ET

BAETA Corp. Receives Clearance From the Depository Trust & Clearing Corporation

FORT LEE, NJ--(Marketwire - April 7, 2011) - BAETA Corp. (OTCBB: BAEA), a New Jersey corporation and provider of technology-enabled health improvement products, announces that it has received clearance on April 4, 2011 from the Depository Trust & Clearing Corporation (DTCC), allowing for efficient clearing and settlement of transactions involving sales of BAETA Corp. common stock.

"BAETA Corp. has satisfied all of the requirements of DTCC enabling investors, broker/dealers, and other market participants to buy and sell shares and settle transactions in an extremely efficient and streamlined manner, further enhancing the potential for liquidity of our Common Stock," stated Mr. Len Pushkantser, Chief Executive Officer of BAETA Corp. "We are pleased BAETA Corp. has joined the prestigious list of DTCC authorized and eligible securities."

"With the DTCC functioning as the central custodian for more than 3.6 million securities valued at almost $34 trillion in 2009, shares of BAETA Corp. are now DTC-eligible -- providing buyers and sellers with an efficient mechanism to clear and settle transactions," said Mr. Yonah Kopstick, Vice President at Worldwide Stock Transfer, LLC., BAETA Corp.'s transfer agent of record.

Additional information regarding BAETA Corp. can also be found online at http://www.baetacorp.com/

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

  • Contacts and Additional Information
    For additional information, please contact:

    Mr. Leonid Pushkantser
    Chief Executive Officer
    1 Bridge Plaza Suite 275
    Fort Lee, NJ 07024
    (201) 471-0988, Extension106