Not a bad idea to throw one hidden in ya bike and if it gets stolen you could trace it.
https://www.facebook.com/thetileapp/info
http://www.thetileapp.com/
You do rely on other people having the Tile App also but its pretty clever.
Interesting idea, are they still looking for backers for this product.
Not as far as I am aware. It looks to be in production mode now.