LBAS - Location Based Technologies Message Board

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Technology Stocks : LBAS - Location Based Technologies

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To: locationboy who wrote (130)	4/25/2010 8:49:22 PM
From: notimetowaste2	of 152

People on this board have been assuring us for over a month that the $10M is a "few days away", or that the "wire transfer is in progress" or that the "money has been delayed by regulators", etc., etc. etc. None of this was true and it was very deceiving. We should be extremely angry about this. Hey locationboy, why don't you explain these lies instead of calling me names? I know why. Because you can't explain them so all you can do is try and discredit anyone with valid concerns about LBAS's situation and integrity.This $10M Stock Purchase Agreement (SPA) is a great example of something very questionable. Everyone on this board should question the situation surrounding this SPA. It is extremely unusual for parties to sign an unrealistic SPA like this and not take the first step to execute it. It seems like there is an ulterior motive. If deception doesn't cross your mind then you are extremely naive. LBAS is a company in a desperate financial situation with a stock price plummeting. They will do or say anything to create the perception that they are on the brink of turning this around. All I want is to know what is really going on, so let's take off our rose colored glasses and be real.

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