Location Based Technologies, Inc. (LBAS)

[ITradedaily]

"They are doing this so they don't get suspended, its a positive thing. "

This is not a true statement. LBAS indicated that they would not post annual reporting until they were financially in better shape. The reporting was stopped a few years back because of the expense. I was told then that reporting would start when they became profitable. Now with Yepson in the mix perhaps things have changed but I believe they are going back and constructing their financial s in order to be up to date. I agree, it's a positive thing.