0001437749-11-004806.txt : 20110714 0001437749-11-004806.hdr.sgml : 20110714 20110714130923 ACCESSION NUMBER: 0001437749-11-004806 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110711 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110714 DATE AS OF CHANGE: 20110714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Location Based Technologies, Inc. CENTRAL INDEX KEY: 0001383196 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 204854758 STATE OF INCORPORATION: NV FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-139395 FILM NUMBER: 11967461 BUSINESS ADDRESS: STREET 1: 4989 E. LA PALMA AVE. CITY: ANAHEIM STATE: CA ZIP: 92807 BUSINESS PHONE: 800-615-0869 MAIL ADDRESS: STREET 1: 4989 E. LA PALMA AVE. CITY: ANAHEIM STATE: CA ZIP: 92807 FORMER COMPANY: FORMER CONFORMED NAME: Springbank Resources, Inc. DATE OF NAME CHANGE: 20061211 8-K 1 lbt_8k-071111.htm FORM 8-K lbt_8k-071111.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  July 11, 2011
 
Location Based Technologies, Inc.
(Exact name of registrant as specified in its charter)
 
Nevada
333-139395
20-4854758
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
49 Discovery, Suite 260, Irvine, California 92618
(Address of Principal Executive Offices) (Zip Code)
 
(888) 600-1044
(Registrant’s telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registration under any of the following provisions:
 
5
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
5
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
5
Pre-commencement communications pursuant to Rule 14d-2(k) under the Exchange Act (17 CFR 240.14d-2(b))
 
5
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
Item 7.01  Regulation FD Disclosure
 
On July 11, 2011, in Irvine, California, Location Based Technologies, Inc. (OTCBB:LBAS.ob), a leading-edge service provider of personal, pet and asset location devices, announced it has entered a Commercial Agreement to provide the PocketFinder® family of location devices and services to the markets in Mexico and Latin America through Radiomovil Dipsa S.A. de C.V. (NYSE:AMX). A copy of the release is attached as Exhibit 99.1. 
 
This information shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act 1934, as amended, and is not incorporated by reference into any filing of the company, whether made before or after the date of this report, regardless of any general incorporation language in the filing.


Item 9.01  Financial Statements and Exhibits
 
Exhibit #
Description
99.1
Press release
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
LOCATION BASED TECHNOLOGIES, INC.
  
       
Date: July 14, 2011
By:
/s/ David Morse
  
   
David Morse
  
   
Chief Executive Officer
  
 
  
 EX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm
Exhibit 99.1
 
 
Location Based Technologies Partners with Telcel & America Movil to Launch PocketFinder Products in Mexico and South American Territories
 
America Movil Parent Will Provide Comprehensive Latin America GSM Network Coverage
 
 
IRVINE, Calif.--(BUSINESS WIRE)-- Location Based Technologies, Inc. (OTCBB:LBAS), a leading-edge service provider of personal, pet and asset GPS locators and devices, today announced it has entered a Commercial Agreement to provide the PocketFinder® family of location devices and services to the markets in Mexico and Latin America through Radiomovil Dipsa S.A. de C.V. (NYSE:AMX).
 
Under the terms of the Agreement, PocketFinder®’s family of products will be integrated into Telcel’s M2M network and Location Based Technologies, Inc., will sell devices directly to Telcel, Radio Movil DIPSA (America Movil).
 
“By partnering with Telcel and America Movil, their 231 Million wireless customers in Mexico and Latin America will soon enjoy the benefits of the PocketFinder products and services,” said Dave Morse, CEO of Location Based Technologies, Inc. “We were selected by Telcel and America Movil because they are committed to bringing the best wireless M2M products and GPS services to their customers and believe that LBT delivers breakthrough products that will change the way businesses and families use wireless data devices. We're thrilled to make our products available to Telcel and America Movil customers in Mexico and many Latin American countries.”
 
Telcel’s successful multi-month testing of the PocketFinder devices and Network Certification was conducted throughout each of Telcel’s Mexico based territories. The wireless carriers will market and provide complete services to their Commercial and Consumer customer base. Now that the companies have reached a partnership Agreement, the first purchase orders are expected to arrive shortly.
 
Mr. Arturo Rodriquez Monsalvo, Chief of Mobile Data Services, Telcel, commented, “We at Telcel are pleased to be working with Location Based Technologies in launching the PocketFinder family of products to our customers in Latin America. We see PocketFinder’s location offering as a great enhancement to Telcel’s data services.”
 
The PocketFinder family of products uses advanced technology to help businesses and families stay connected. The PocketFinder® is the smallest known single-board GSM/GPS device, and it easily fits into a pocket, purse or backpack, and can be accessed via smart phones or any other device that provides Internet access to show its location in real time. Its service includes advanced GPS features, that allow users to designate customizable alert areas such as electronic “fences” or zones, vehicle speeds, location times, and fleet management information.
 
 
 
 
 
About America Movil
 
América Móvil, S.A.B. de C.V. and its subsidiaries provides wireless and fixed communications services in Latin America. As one of the largest wireless carriers in the world they offer wireless services, including prepaid wireless voice and data services; and data-based wireless services, such as SMS, MMS, WAP, PTT, SMS notifications, group messaging, infotainment, content download, video streaming, location-based services, vehicle location, and Internet access services. The company also provides voice and data network services, including TDMA, GSM, CDMA, GPRS, EDGE, UMTS, and HSDPA services; and the sale of cellular phones and accessories. América Móvil has wireless and fixed-line subscribers in Mexico, Guatemala, Nicaragua, Ecuador, El Salvador, Brazil, Argentina, Colombia, the United States, Honduras, Chile, Peru, Paraguay, Uruguay, the Dominican Republic, Puerto Rico, Jamaica, and Panama. The company was founded in 2000 and is based in Mexico City, Mexico.
 
About Location Based Technologies
 
A publicly traded company (OTCBB:LBAS.ob - News), Location Based Technologies, headquartered in Irvine, CA, designs and develops leading-edge personal locator GPS devices and services that incorporate patented, proprietary technologies designed to enhance and enrich the way businesses and families interact globally. Visit the website, www.pocketfinder.com for more information on personal locator devices from PocketFinder®.
 
This news release contains forward-looking statements that involve risks and uncertainties. Actual results and outcomes may differ materially from those discussed or anticipated. For a more detailed discussion of these and associated risks, see the company's most recent document filed with the Securities and Exchange Commission.
 
 

Contact:
 
Vision Advisors
Terry McGovern, 415-902-3001
www.visionadvisors.net
 
Location Based Technologies, Inc.
David Morse, PhD, 888-600-1044 x5
investor@locationbasedtech.com