LBAS Stock Quote and News

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LBAS Bio

Location Based Technologies is dedicated to improving the lives of everyone by linking people together through GPS technology. The company innovates, develops and manufactures GPS location devices and technology that helps you stay connected with everyone you care about.

LBAS Management

David Morse – CEO, President
Joseph Scailsi – Co-President, CTO
Desiree Mejia – COO

LBAS Stock Overview

LBAS has been on fire the past couple of weeks. LBAS started its big move near the end of July when the company announced it had closed a private placement of 50 million shares of its common stock. These shares were sold to institutional investors at $0.20 per share. These same investors are probably the ones pushing it right now. LBAS could be the next big $1.00+ stock, but who knows with these types of stocks. As always, expect the unexpected in the land of penny stocks.

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