Las Vegas, NV -- (SBWIRE) -- 01/15/2013 -- Location Based Technologies Inc (OTC:LBAS) based in California develop and design wireless based pocketFinder products. As the name depicts, they are offering device to locate people, pet, mobile, luggage, Vehicles and much more. The pocketfinder is wireless based technology to locate from web via global positioning system and general packet radio service technology. They sell their product through Apple Online store and Retail store.
Location Based Technologies Inc is currently trading its share at $0.21 with a gain of 5.00 percent where as If we analyse the stock history for a year, it has traded at 0.48 as its highest.
The company Chief Exective officer called an important meeting on December 19, 2012. In his conference call the CEO updated the company’s stakeholders to disclose some important information about their vehicle product. Location Based Technologies Inc is also in process of developing relationship with the largest telecommunications carrier in UK “EE” this year. Starting from China, company is also planning to launch its product in Asia and Australia this year.
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