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): ~~December~~ July 2417, ~~2014~~2015

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:

☐	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(k) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~This~~ITEM release contains certain forward-looking statements of our intentions, hopes, beliefs, expectations, strategies, and predictions with respect to future activities or other future events or conditions within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 19343.03 ~~These~~MATERIAL ~~statements~~MODIFICATION ~~are~~TO ~~usually~~RIGHTS ~~identified~~OF bySECURITY the use of words such as “believe,” “will,” “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “should,” “could,” or similar expressions. These statements are only predictions and involve known and unknown risks, uncertainties and other factors. Actual results may materially different from the results, levels of activity, performance or achievements, express or implied by these forward-looking statements.HOLDERS

~~Although~~The weinformation ~~believe~~in ~~that~~Item ~~the~~5.03 ~~assumptions~~with ~~underlying~~respect to the ~~forward-looking~~Certificate ~~statements~~of ~~contained~~Designation ~~in this report are reasonable, any~~ of ~~the~~Series ~~assumptions~~A ~~could~~Preferred beStock ~~inaccurate,~~ and, ~~therefore, there can be no assurance that~~ the ~~forward-looking~~Articles ~~statements~~of ~~included~~Amendment inof ~~this~~Location ~~report~~Based ~~will~~Technologies, ~~prove to be accurate~~Inc. ~~We will not update these statements unless~~ (the ~~securities~~“Company”) ~~laws~~is ~~require~~hereby usincorporated to do so. Accordingly, you should not rely on forward-looking statements because they are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those contemplated by ~~the forward-looking statements~~reference.

~~Item~~ITEM 75.0103 ~~Regulation~~AMENDMENTS FDTO ~~Disclosure~~ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.

~~(IRVINE~~On July 13, ~~Calif.)~~2015, ~~December~~upon 24approval by the Board of Directors, ~~2014~~the --Company ~~Location~~filed ~~Based~~with ~~Technologies®~~the ~~Inc.~~Secretary of State of the State of Nevada a Certificate of Designation (~~OTCBB:LBAS~~“Certificate of Designation”) ~~released~~ aof ~~letter~~Series A Preferred Stock (the “Series A Preferred Stock”) to ~~its~~designate ~~shareholders~~1 share of $.001 par value per share Series A Preferred Stock of the Company. The only right designated to the Series A Preferred Stock is 51% of the total votes that are for an amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of common stock of the Company (“Common Stock”) from ~~CEO~~300,000,000 ~~Dave~~to ~~Morse~~450,000,000 shares in order to meet existing contractual and operational requirements (the “Articles of Amendment”). Upon the increase in authorized shares, Series A Preferred Stock automatically converts into one share of Common Stock.

David M. Morse, our President and Chief Executive Officer, was issued the sole share of the Series A ~~copy~~Preferred Stock. On July 13, 2015, upon recommendation and approval by the Board of Directors of the ~~press~~Company, ~~release~~Mr. Morse, as the sole holder of the Series A Preferred Stock, approved the Articles of Amendment. As a result, the Company now is ~~attached~~authorized asto ~~Exhibit~~issue 99a total of 450,000,000 shares of Common Stock.1.

~~This~~The ~~information~~foregoing ~~shall~~summary ~~not~~is bequalified ~~deemed~~in ~~"filed"~~its ~~for~~entirety ~~purposes of Section 18 of the Securities and Exchange Act 1934, as amended, and is not incorporated~~ by reference ~~into~~to ~~any~~the ~~filing~~Certificate of ~~the~~Designations ~~company,~~and ~~whether made before or after~~ the ~~date~~Articles of ~~this~~Amendment ~~report,~~filed ~~regardless~~herewith ofas ~~any~~Exhibit ~~general~~3.1 ~~incorporation~~and ~~language~~Exhibit in3.2 ~~the filing~~respectively.

~~Item~~ITEM 9.01. ~~Financial~~FINANCIAL ~~Statements~~STATEMENTS ~~and~~AND ~~Exhibits~~EXHIBITS

Exhibit #	Description
99.1	Press Release

(d) Exhibits

3.1

Certificate of Designation of the Company’s Series A Preferred Stock, filed with the State of Nevada on July 13, 2015.

3.2

Certificate of Amendment to the Articles of Incorporation of the Company, filed with the State of Nevada on July 13, 2015.

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: December 24, 2014	By:	/s/ David Morse
Date: July 17, 2015	By:	/s/ David M. Morse
		David Morse
		David M. Morse
		President and Chief Executive Officer

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