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10-Q - FORM 10-Q - Location Based Technologies, Inc.lbt_10q-113012.htm
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EX-32.1 - EXHIBIT 32.1 - Location Based Technologies, Inc.ex32-1.htm
EX-31.1 - EXHIBIT 31.1 - Location Based Technologies, Inc.ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - Location Based Technologies, Inc.ex31-2.htm
EXCEL - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc.Financial_Report.xls
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v2.4.0.6
Note 7 - Line of Credit Facility (Detail) (USD $)
3 Months Ended
Nov. 30, 2012
Jan. 05, 2011
Nov. 30, 2012
Silicon Valley Bank [Member]
Aug. 31, 2012
Silicon Valley Bank [Member]
Jan. 05, 2011
Minimum [Member]
Jan. 05, 2011
Maximum [Member]
Line of Credit Facility, Maximum Borrowing Capacity   $ 1,000,000        
Debt Instrument, Interest Rate, Stated Percentage         2.50% 6.50%
Line of Credit Facility, Commitment Fee Percentage 6.00%          
Line of Credit Facility, Commitment Fee Amount 60,000          
Share Price (in Dollars per share) $ 0.20          
New Capital Or Equity Floor 2,000,000          
Warrant Term 5 years          
Line of Credit Facility, Amount Outstanding     1,000,000 1,000,000    
Interest Payable, Current $ 530,356   $ 8,583 $ 5,597