Location Based Technologies, Inc. (LBAS)

[DallasLFM]

I got into this in 2011 when I bought 5,000 shares at $1.11 after hearing a great story from a Private Equity guy on a vacation. Ouch. I should have walked soon thereafter but made the mistake of staying in and averaging down to a few cents avg share cost when the price dropped below penny candy levels. I can afford to lose the money but it has turned into a lottery ticket and a sick fascination. What will happen? wouldn't that be amazing for the company to become viable? I'm enjoying the twists and turns now and it won't take much for me to get made whole. I just wish more operational info were being made available. If the management team spent more time on communication and promoting the company using social media and podcasts, etc, they may be able to make a go of it. From where I'm sitting they seem to be in a cocoon. That doesn't generate any energy in the market. Cheers!