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Technology Stocks : LBAS - Location Based Technologies -- Ignore unavailable to you. Want to Upgrade?


To: locationboy who wrote (108)4/3/2010 11:15:43 PM
From: notimetowaste2Read Replies (1) | Respond to of 152
 
Calling me out again? You miss my posts, don't you? To clarify for you (since you tend to get confused assimilating facts), it's the GPS load/asset tracking that uses off the shelf parts. GPS load tracking is an extremely crowded market and they are way behind with no funding. What is LBAS doing here? They threw together an off the shelf part and a $20K website and tried to spin it as a major product line development. What they are doing is stalling for time by creating noise to confuse inexperienced investors like you. On the pocketfinder, I never said LBAS didn't have a good product. My point is that they have nothing else needed for success: No sales, no distribution, no funding, and no great team for on-going development. The only press releases anyone should get excited about are ones that announce STRONG user revenues, LARGE reseller agreements, or a LARGE amount of funding. PERIOD, AND I SEE NONE OF THESE announcements. All these other releases about analysts, awards, small orders (for medical equipment as if it matters what you are tracking, lol), or consulting contracts ARE ALL BS press releases meant to keep the stock up because there is no real news to announce. The market makers need this noise for cover. I am not paranoid by any means. Anyone who has an ounce of true experience knows that this is how the reverse merger micro cap market works. A lot of fluff and hype. Yep, people, that's the market you're in whether you know it or not.