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Location Based Technologies Inc. (OTCBB: LBAS) hit the news wire today with an announcement that holds the potential to drive profitable revenue growth for the company going forward.  By unlocking a massive application market outside the traditional realm of its PocketFinder® offering, LBAS stands to broaden its market and increase revenue streams.

LBAS recently inked a $1.2M professional service contract with LoadRack.com, LLC – a leading technology solution provider to the trucking & freight monitoring industry – to integrate its PocketFinder® network with the new LoadRack™ real-time location system. Read the rest of this entry »

Despite Putrid Economy, Investors Increasingly Rolling the Dice on Speculative Small- Cap Stocks 

“Economic hardships prompt people to justify small-stakes gambles even as they cut back on nonessential goods and services.”

Did you know that lottery sales continue to rise in nearly 1/2 of all U.S. states despite a putrid economic environment? Mounting financial fears are driving American consumers to roll the dice on $1 to $5 daily drawings and scratch tickets in hopes of striking it rich. 

In today’s edition, let’s look at  how this relates to the world of small-cap stocks and also take a look at a company poised to benefit from increased investor focus on speculative stocks. Read the rest of this entry »