Location Based Technologies, Inc. (OTCBB:LBAS), a leading service
provider of personal tracking GPS devices, announced today that it will
be holding its annual shareholder meeting on Thursday, August 22, 2013.
The meeting will be held virtually and shareholders can participate by
logging onto www.virtualshareholdermeeting.com/lbas13
or dialing into 412-858-8600.
Nearly 90% of the votes received have come from registered shareholders,
11% from brokers and less than 1% from banks. We encourage all of our
shareholders whose shares are held by a brokerage firm or bank to call
and ask that their shares be voted as soon as possible; your bank or
broker should be able to provide you with a control number and voting
instructions. Those shareholders who own physical stock certificates can
contact us at info@pocketfinder.com
to receive control numbers.
By law, the company must have more than 50% of its shares voted in order
to hold its Shareholder’s Meeting. Should we not meet quorum levels we
will postpone the Annual Shareholder’s meeting until Monday, September 16th.
About Location Based Technologies, Inc.
A publicly traded company, Location Based Technologies (OTCBB: LBAS)
designs and builds dedicated GPS products and services that are
affordable and easy to use. The Company’s consumer products are sold
under the PocketFinder brand, and its commercial products are sold under
the LBT brand. For more information, visit: www.pocketfinder.com
or www.locationbasedtech.com.
PocketFinder and Location Based Technologies, Inc. are trademarks of
Location Based Technologies, Inc. registered in the U.S. and other
countries.
This news release contains forward-looking statements that involve
risks and uncertainties. Actual results and outcomes may differ
materially from those discussed or anticipated. For a more
detailed discussion of these and associated risks, see the company's
most recent document filed with the Securities and Exchange Commission.
Copyright Business Wire 2013