LBAS Location Based Technologies, Inc. featured news, full reports, and detailed charts
Location Based Technologies, Inc. (LBAS/LBAS.OB) Wrap Up:
Location Based Technologies, Inc., a development stage wireless technology company, focuses on the development, marketing, and sale of a personal location device system for retail distribution in the United States. It develops the PocketFinder Personal Locator or PocketFinder, a small personal location device designed to locate children, elderly or disabled persons, and pets, as well as to track valued personal property. The company was founded in 2005 and is headquartered in Anaheim, California.www.locationbasedtech.com
3 Employees
Founded in 2005
Location Based Technologies, Inc. (LBAS:OTC Bulletin Board Market)
LAST $0.73 USD
CHANGE TODAY 0.00 0.00%
VOLUME 38.5K
As of 3:40 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Location Based Technologies, Inc. (LBAS)
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OPEN
$0.72
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PREVIOUS CLOSE
$0.73
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DAY HIGH
$0.73
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DAY LOW
$0.70
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52 WEEK HIGH
05/20/09 - $1.85
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52 WEEK LOW
03/3/09 - $0.42
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MARKET CAP
64.8M
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AVERAGE VOLUME 3 mo
95.5K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
88.8M
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LBAS Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
LBAS Top Compensated Officers
Dr. David M. Morse
Chairman, Chief Executive Officer and Co-Pres...
Age: 55
Total Annual Compensation: $120.0K
Mr. Joseph F. Scalisi
Co-President, Chief Technology Officer, Chief...
Age: 46
Total Annual Compensation: $120.0K
Ms. Desiree Mejia
Chief Operating Officer, Principal Financial ...
Age: 38
Total Annual Compensation: $120.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Location Based Technologies, Inc. (LBAS)
Location Based Technologies Inc. Announces Sale and Delivery of its Fleet Tracking Devices
09/1/2009
Location Based Technologies Inc. announced the sale and delivery of its first vehicle fleet tracking devices. This first of several retail products delivers a simple-to-use interface with robust reporting capabilities specifically designed for the fleet tracking marketplace. It is accessed via the Internet at www.vehiclefleettracker.com. VehicleFleetFinder.com provides the real time location of the device as well as advanced features such as: speed and direction, customizable zones, long term history, managing resources, coordination/organization of fleet vehicles, and the ability to manage time delays or reroute to meet changing customer needs.
Location Based Technologies Inc. Reports Revenue Results for the Third Quarter Ended May 31, 2009
07/16/2009
Location Based Technologies Inc. reported revenue results for the third quarter ended May 31, 2009. For the quarter, the company reported revenues of $553,000, an increase of 675% compared to the approximately $71,000 reported in the previous quarter. The strong increase in revenues seen during the quarter ending May 31 was mainly a result of the company recognizing revenues from the professional services agreement with LoadRack.com, LLC.
Location Based Technologies Inc. Reports Earnings Results for the Third Quarter Ended May 31, 2009
07/15/2009
Location Based Technologies Inc. reported earnings results for the third quarter ended May 31, 2009. For the quarter, the company reported net loss of $3.02 million, down from $1.35 million net loss for the same quarter the previous year.
LBAS Competitors
| Company | Last | Change |
| GTX Corp | $0.19 USD | +0.018 |
| TomTom N.V. | €6.94 EUR | -0.147 |
| Trimble Navigation Ltd | $23.40 USD | -0.10 |
| Wherify Wireless Inc | $0.0008 USD | +0.0002 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | LBAS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 104.9x |
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| Price/Book | 267.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 101.7x |
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LBAS |
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LBAS transactions
| Type Date |
Target |
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Private Placement
September 14, 2009 |
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Private Placement
July 31, 2009 |
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Private Placement
June 5, 2009 |
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More Recent News About Location Based Technologies, Inc.
More news for LBAS
LOCATION BASED TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for LOCATION BASED TECHNOLOGIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for LOCATION BASED TECHNOLOGIES, INC. 20-Oct-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All inform...Click here to read the whole Article (external link)
LOCATION BASED TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for LOCATION BASED TECHNOLOGIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for LOCATION BASED TECHNOLOGIES, INC. 7-Oct-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
LOCATION BASED TECHNOLOGIES, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities, Regulation FD Disclosur
Item 3.02 Unregistered Shares of Equity Securities. Stock Purchase Agreements On September 14, 2009, the Registrant signed a stock purchase agreement for the sale of 129,870 shares of its restricted common stock (the "Shares") for $0.77 per share for an aggregate of $100,000. In connection with the sale of Shares, the buyer will receive 32,468 warrants with an exercise price of $0.88 per share and expiring on September 14, 2012. The stock purchase agreement is attached to this Current Report as Exhibit 10.49. On September 15, 2009, the Registrant signed a stock purchase agreement for the sale of 110,685 shares of its restricted common stock (the "Shares") for $0.68 per share for an aggregate of $75,000. In connection with the sale of Shares, the buyer will receive 27,671 warrants with an exercise price of $0.77 per share and expiring on September 15, 2012. The stock purchase agreement is attached to this Current Report as Exhibit 10.50. Common Stock Issuances for Services Provided On September 16, 2009, the Registrant issued 50,000 shares of its restricted common stock in exchange for consulting services related to accounting advisory services. The shares were valued at $38,500, which represents the fair market value of the services provided on the award date. On September 16, 2009, the Registrant issued 9,615 shares of its restricted common stock in exchange for consulting services related to business development. The shares were valued at $10,000, which represents the fair market value of the services provided on the award date. On September 16, 2009, the Registrant issued 4,870 shares of its restricted common stock as payment for finder's fee commissions. The shares were valued at $3,750, which represents the fair market value of the services provided on the award date. Exemption From Registration. The shares of Common Stock and Warrants referenced in Item 3.02 were issued in reliance upon the exemption from securities...Click here to read the whole Article (external link)
PocketFinder® Family Vehicle Location Devices Ready for Sale
ANAHEIM, Calif.--(BUSINESS WIRE)--Location Based Technologies, Inc. (OTCBB:LBAS - News), a leading-edge service provider of personal and pet location devices, today announced that it is now selling vehicle location devices from its website: www.PocketFinder.com. “Like all PocketFinder family products, our vehicle location devices are waterproof, rugged, and easy to use. You can now locate any of your family vehicles from your computer or cell phone 24 hours a day. PocketFinder meets critical needs of vehicle owners and delivers all of the functionality of geo-fencing, speed alerts, location and direction,†explains Dave Morse, CEO of LBT. “These affordable, reliable and durable devices bring peace of mind by knowing where your family members are, and enhances the safety of mobile members, whether on the road or off road in the hills or out on the water.â€This easy to install device allows parents to view the speed and location of a new teen driver and/or luxury cars, motorcycles, boats, and other watercraft. Devices are ready for immediate delivery at a price of $159.95 ...Click here to read the whole Article (external link)
Location Based Technologies to be Featured in Wide World of Stocks Episode on FOX- and NBC-Affiliates
PORT JEFFERSON, N.Y.--(BUSINESS WIRE)--Location Based Technologies (OTCBB:LBAS - NewsWide World of Stocks, a new 30-minute taped television and internet program that showcases microcap stocks. The program targets smaller companies with high growth potential and offers viewers a uniquely in-depth discussion of the company and the people behind it, as well as its core products and services. Airtime for Location Based Technologies has been purchased on two networks: FOX affiliate KTTV in Los Angeles, on Saturday, September 12, 2009, from 12:00 p.m. – 12:30 p.m., and on NBC affiliate WNBC in New York, on Sunday, September 13, from 12:30 p.m. – 1:00 p.m. The broadcast schedule is also available at http://www.wideworldofstocks.com and will be updated as additional networks and dates are added. After the first television broadcast, the program will also be available for viewing online at the site. Location Based Technologies, manufacturer of PocketFinder personal locators, is in the final certification and approval processes for those devices, which have alread...Click here to read the whole Article (external link)
LOCATION BASED TECHNOLOGIES, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for LOCATION BASED TECHNOLOGIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for LOCATION BASED TECHNOLOGIES, INC. 8-Sep-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
Location Based Technologies Begins Fleet Tracking Device Sales
ANAHEIM, Calif.--(BUSINESS WIRE)--Location Based Technologies, Inc. (OTCBB:LBAS - News), a leading-edge service provider of personal, pet and asset location devices, today announced the sale and delivery of its first vehicle fleet tracking devices. This first of several retail products delivers a simple-to-use interface with robust reporting capabilities specifically designed for the fleet tracking marketplace. It is accessed via the Internet at www.vehiclefleettracker.com. “By combining a dynamic blend of business intelligence and design ingenuity, we have taken the next step in delivering a feature rich, easy to use management tool that is ultra durable and comes with a low cost for implementation. We achieved our goal of delivering this high value, best in class product and services for our customers and strategic partners use,†commented CEO Dave Morse. “We are proud to have work with a well respected construction company, Ben’s Asphalt, during our first commercial sale,†added Morse.Mr. John Skeffington, CFO for Ben’s Asphalt, stated, “We...Click here to read the whole Article (external link)
LOCATION BASED TECHNOLOGIES, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities, Financial Statements an
Show all filings for LOCATION BASED TECHNOLOGIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for LOCATION BASED TECHNOLOGIES, INC. 28-Aug-2009Unregistered Sale of Equity Securities, Financial Statements an Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All in...Click here to read the whole Article (external link)
LOCATION BASED TECHNOLOGIES, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities, Financial Statements an
Show all filings for LOCATION BASED TECHNOLOGIES, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for LOCATION BASED TECHNOLOGIES, INC. 13-Aug-2009Unregistered Sale of Equity Securities, Financial Statements an Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All in...Click here to read the whole Article (external link)
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