BaselineAgent Investor Demand Skyrockets
BaselineAgent investor demand increases prior to initial public offering.
LAS VEGAS, NV, August 24, 2011 /24-7PressRelease/ -- Demand for the upcoming BaselineAgent IPO has skyrocketed in the past six weeks. The offering is over three hundred times oversubscribed and demand is still growing.
BaselineAgent, Inc., CEO and Chairman, Ramesh Kris Nathan attributes this demand to a number of different factors. "BaselineAgent is the only company in the world doing what we do. We have no competition. We also have found the way to keep our expenses down by automating most of the functions of our applications and we continue to develop new products and add new services."
BaselineAgent listens to its clients' suggestions on how to improve their products. Mr. Nathan said, "Our athletes are always suggesting new ideas. We take these ideas, analyze them, and see how we can incorporate them into our services. There is no better place to get ideas from than from our clients."
Due to the overwhelming demand, BaselineAgent IPO underwriters will exercise the Green Shoe Option or over-allotment option which gives them the right to sell investors more shares than originally planned.
At the current offering price, BaselineAgent, Inc. stands to see a $50+ billion valuation. A valuation at this level is not uncommon for technology companies, particularly those who are profitable and have no competition. BaselineAgent, Inc. is one of the only companies offering an IPO this year to be profitable. In fact, BaselineAgent is very profitable. The company's balance sheets are pristine and revenues have grown steadily in the past five quarters.
"We attribute our success to good management and a little luck", commented Mr. Nathan. "Our business model is solid and we continue to develop and expand at an extraordinarily fast pace."
Press Release Contact Information:
Suresh Kumar
BaselineAgent, Inc.
Marketing Director
3960 Howard Hughes Parkway, Suite 500
Las Vegas, NV
USA 89169
Voice: (702) 990-3849
Website: Visit Our Website


