LBAS - Location Based Technologies Message Board

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Technology Stocks : LBAS - Location Based Technologies

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To: locationboy who wrote (67)	3/25/2010 10:14:10 AM
From: notimetowaste2	Read Replies (1) of 152

LOL, Basher from Witchita! I am a former VC from NY that has 10 years experience as a senior executive in fortune 500 companies. That shows what you know. You can't tell the difference between a comment from an ignorant "toothless inbreeder" and a professional with a lot more experience than you. I want to give people on this board some insight beyond the superficial corporate line posters like you are towing. Bottom line. LBAS is executing very poorly, lacks focus, is in a crowded market, doesn't have any cash, and is a poor choice for new investors. Multiple product lines is the kiss of death for a venture at this stage. It indicates failure not success. If you can't get one product/market right don't just add another. Google "lack of focus early stage venture fail" and read the multitude of articles by VC experts on this.

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