UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 20, 2012
Location Based Technologies, Inc.
(Exact name of registrant as specified in its charter)
| Nevada | 333-139395 | 20-4854758 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
49 Discovery, Suite 260, Irvine, California 92618
(Address of Principal Executive Offices) (Zip Code)
(888) 600-1044
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registration under any of the following provisions:
| 5 | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| 5 | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| 5 | Pre-commencement communications pursuant to Rule 14d-2(k) under the Exchange Act (17 CFR 240.14d-2(b)) |
| 5 | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events
(IRVINE, Calif.), August 20, 2012 – Location Based Technologies® Inc. (OTCBB:LBAS) will provide PocketFinder Vehicle location devices to Midway Fleet Leasing and Coatto Motorsport, both companies active in the Orange County and Los Angeles areas’ exotic vehicle market. Midway Fleet Leasing projects a growing need for vehicle devices in leased vehicles along with other potential applications under review. Coatto Motorsport (www.coattomotorsport.com ) is a targeted provider of high-end luxury vehicles with clientele of professional athletes, Hollywood movie stars and successful professionals.
A copy of the release is attached as Exhibit 99.1.
This information shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act 1934, as amended, and is not incorporated by reference into any filing of the company, whether made before or after the date of this report, regardless of any general incorporation language in the filing.
Item 9.01. Financial Statements and Exhibits
| Exhibit # | Description |
| 99.1 | Press Release |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LOCATION BASED TECHNOLOGIES, INC. | |||
| Date: August 23, 2012 | By: | /s/ David Morse | |
| David Morse | |||
| Chief Executive Officer | |||