Badge Looking For A Strategic Investor

Top Quote The B2B Search Engine is in talks with numerous strategic investors and venture capital organizations. End Quote
  • (1888PressRelease) July 19, 2010 - The leading B2B search engine, Masterseek is looking for strategic investors. The organization is aiming to offer more than 20% of the authorized stocks among numerous foreign investment companies. This announcement was recently made by the founder of Masterseek Corp. Mr. Rasmus Refer. Discussions with the numerous prestigious venture capital firms and strategic investors have already begun. They are getting a positive feedback and hopeful to get things under place before the public listing.

    Masterseek is offering 20% of the company share for investment and they are in search for a strong investment banker.

    Masterseek is confident of getting a good response in the market. The exact timing of the prospectus is yet not disclosed but according to Rasmus Refer, it should happen by the year-end or sometimes in the next year. The company had expected to get quotations in this year. However, the management has taken a conservative approach, particularly because of the schedule for a prospectus program that should reach the $5 million. They are keeping an eye on the market and waiting for the right time.

    In the recent years, the market of the business search engines has increased positively. Earlier people were only inclined towards Google, Yahoo and MSN for the search based services. Now the business niche has the liberty to search for business clients, partners, customers and dealers by the help of these B2B search engines. Masterseek has a great role to revamp the prospects of these B2B search engines. Ramus Refer said "There are infinite opportunities to create a niche for ourselves in the market. We are fully prepared. We are confident about the development of our competitive skills. We offer a supplement to the major search engines."

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