----

----

----

----

|                                           |                                                                                     |
|------------------------------------------------|------------------------------------------------------------------------------------------|
| Q                                              | ANNUAL      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|                                           |
| For      the fiscal year ended August 31, 2008 |
|                                           |                                                                                     |
| 5                                              | TRANSITION      REPORT UNDER SECTION 13 OR 15(d) OF THE  SECURITIES                      |

----

| Nevada                                                                  |   | 20-4854758                                     |
|-------------------------------------------------------------------------|--------|------------------------------------------------|
| (State      or other jurisdictionof      incorporation or organization) |   | (I.R.S.      Employer Identification      No.) |

----

| Title of Each Class |   | Name of Each Exchangeon Which Registered |
|---------------------|--------|------------------------------------------|
| None                |   | None                                     |

----

|   | Large Accelerated      Filer  o             | Accelerated      Filer  o         |   |
|--------|--------------------------------------------------|----------------------------------------|--------|
|   |                                             |                                   |   |
|   | Non-Accelerated      Filer  o               | Smaller reporting      company  x |   |
|   | (Do not check if      smaller reporting company) |                                   |   |

----

| (i) | correct      Exhibit 32 by deleting incorrect references to Quarterly Report instead of      Annual Report in both Section 906  certifications; |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)        | add      Exhibits 31.1, 31.2 and 32 to Amendment Nos. 1, 2 and 3 to the Company’s      Form 10-K (formerly Form      10-KSB) which Amendments were properly filed on January 6, 2009,      February 13, 2009 and March 6, 2009, respectively; and |
|-------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                                                                                                                                                    |
| (iii)  | correct      the signature block on each of the above referenced Form 10-K (formerly      Form 10-KSB) and Amendment Nos. 1, 2 and 3 thereto to comply with the      signature block for Form 10-K                                                      |

| Exhibit      31.1 | Sarbanes-Oxley      Act Section 302 Certification of Chief Executive Officer - for Amendment      Nos. 1, 2 and 3 to Form 10-K (formerly Form      10-KSB) which amendments were filed January 6, 2009,      February 13, 2009 and March 6, 2009,  respectively. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      31.2 | Sarbanes-Oxley      Act Section 302 Certification of Principal Financial Officer - for      Amendment Nos. 1, 2 and 3 to Form 10-K (formerly Form      10-KSB) which amendments were filed January 6, 2009,      February 13, 2009 and March 6, 2009,  respectively. |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      32 | Sarbanes-Oxley      Act Section 906 Certifications of Chief Executive Officer and Principal      Financial Officer - for the Form 10-K (formerly Form      10-KSB) filed December 21, 2009, as well as for Amendment      Nos. 1, 2 and 3 to Form 10-K (formerly Form      10-KSB) which amendments were filed January 6, 2009,      February 13, 2009 and March 6, 2009,  respectively. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                  | LOCATION      BASED TECHNOLOGIES, INC.(Registrant) |                                                         |
|-------------------------------------------------------|----------------------------------------------------|--------------------------------------------------------------|
|                                                  |                                               |                                                         |   |
| Dated:  September      22, 2009   | By:                                                | /s/ David      M. Morse                                 |   |
|                                                  |                                               | David      M. Morse,Co- President and Chief ExecutiveOfficer |   |

| September      22, 2009        | By:    | /s/ Desiree      Mejia                                                                                          |   |
|-------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------|--------|
|                                                              |   | Desiree      MejiaChief Operating Officer, Principal Financial      Officer,Principal Accounting Officer andDirector |   |

| September      22, 2009     | By:    | /s/ David      M. Morse  |   |
|-------------------------------------------------|--------|-------------------------------|--------|
|                                            |   | David      M. Morse, Director |   |

| September      22, 2009     | By:    | /s/ Joseph      Scalisi  |   |
|-------------------------------------------------|--------|-------------------------------|--------|
|                                            |   | Joseph      Scalisi, Director |   |

| 1. | No      annual report to security holders covering the company’s last fiscal year      has been sent as of the date of thisreport. |
|----|------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | No      proxy statement, form of proxy, or other proxy soliciting material has      been sent to any of the company’s security holders with respect to any      annual or other meeting of securityholders. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | If      such report or proxy material is furnished to security holders subsequent      to the filing of this Annual Report on Form 10-K, the company will furnish      copies of such material to the Commission at the time it is sent to      security holders. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|