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LBAS > SEC Filings for LBAS > Form 8-K on 10-Apr-2014All Recent SEC Filings

Show all filings for LOCATION BASED TECHNOLOGIES, INC.

Form 8-K for LOCATION BASED TECHNOLOGIES, INC.


10-Apr-2014

Change in Directors or Principal Officers, Financial Statements


Item 5.02 (b) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 9, 2014 Location Based Technologies, Inc. (the "Company") filed a Current Report on From 8-K under Item 5.02 to announce CFO-OnSite, LLC shall no longer be providing CFO services to the Company as of April 2, 2014.

Item 5.02 (c) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 9, 2014 Location Based Technologies, Inc. (the "Company") filed a Current Report on Form 8-K under Item 5.02 to announce it has hired a new CFO, Gregory Andrews (54) to provide CFO services for the Company, on an independent contracting basis. Mr. Andrews was the managing director for the investment banking firm Monarch Bay Securities, LLC, where he obtained financing commitments totaling $1 Billion dollars. Prior to that he was the CFO of Traffic Safety Corporation, where he integrated seven acquired operating companies into a single reporting unit for a private equity group, an investment platform which had $75 million in revenue.

Mr. Andrews received his bachelor's degree from Boston College and an MBA from the University of California, Los Angeles.

Mr. Andrews shall receive $8,000 per month in compensation and the services shall begin on April 2, 2014 and end on April 1, 2015.



Item 9.01. Financial Statements and Exhibits

Exhibit # Description
99.1 Contractor Agreement


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