LBAS - Location Based Technologies Message Board

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Technology Stocks : LBAS - Location Based Technologies

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To: koolaid who wrote (85)	3/26/2010 8:03:14 PM
From: locationboy	Read Replies (2) of 152

Yes. First of all they aren't put out by publicly traded companies, so in no way will they be able to compete. For example you will see the market values lbas at over 30 million right now. Secondly take a look at the devices individually they are more expensive, and are not even close to as acurate as pocketfinder. Nothing out there even comes close to being as user friendly as Lbas. Those devices on that website don't even claim to do even close to what the pocketfinder does. Did you not read the 10Q.. I quote. ". We are developing a business model for international market opportunities and are in discussions with distributors in at least eleven countries at this time." In discussions with 11 distributors in 11 countries. Yes there are many watch companies that will tell you the time. But there is only one Patek Philippe. Location Based Technologies is putting out the Patek Philippe in tracking devices to the entire world. And doing it at seiko prices. Much more user friendly internet interface then any other company bar none. If one is going to post a list of competitors, they had better at least be publicly traded companies, or they will in no way have the funding to compete.

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