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Location Based Technologies, Inc. (LBAS)

-Other OTC
0.01 Down 0.01(38.06%) 9:38AM EDT
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Location Based Technologies, Inc.
49 Discovery
Suite 260
Irvine, CA 92618
United States - Map
Phone: 888-600-1044
Fax: 714-200-0287

Index Membership:N/A
Industry:Communication Equipment
Full Time Employees:6

Business Summary 

Location Based Technologies, Inc. designs, develops, and sells consumer and commercial global positioning system (GPS) tracking solutions based on the worldwide GSM network. The company offers consumer products under the PocketFinder brand, including PocketFinder People, PocketFinder Pet, and PocketFinder Vehicle to deliver information to users regarding device location, longitude, latitude, altitude, heading or direction, speed, and 60 days of location history; and set alerts that will trigger an email, text, or push notification to notify them when their device exceeds a pre-determined parameter, such as speed, battery life, or geo-fence. Its PocketFinder People and PocketFinder Pet include small location devices that are ideal for tracking or locating any mobile asset, person, pet, or valuable item; and PocketFinder Vehicle locator comprises device to be hardwired to a battery powered asset, such as a vehicle, watercraft, or mobile generator. The company also provides commercial products under the LBT brand, including LBT-886 and LBT Vehicle Tracker. Its LBT-886 comprises location device that enables a user to locate and track any person or mobile asset; and LBT Vehicle Tracker, a device, which enables a user to locate and track a mobile asset. The company sells its consumer products primarily for use by people who are unable to use a cell phone to communicate their location, such as children, seniors, or people with special needs; and markets commercial products to small/midsize businesses, enterprise businesses, and governmental organizations that need to track vehicles, mobile equipment, portable assets, and workers. It sells its products through various brick-and-mortar and online retailers; and through its Website. Location Based Technologies, Inc. is based in Irvine, California.

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Key Executives 
Dr. David M. Morse , 61
Co-Founder, Chairman, Chief Exec. Officer and Co-Pres
Mr. Joseph F. Scalisi , 51
Co-Pres, Chief Technology Officer and Chief Devel. Officer
Mrs. Desiree Mejia , 43
Co-Founder, Chief Operating Officer, Sec. and Director
Mr. Gregory Harrison ,
Gen. Counsel
Mr. Gregory K. Gaines , 61
Chief Marketing & Sales Officer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.