Telkonet Inc (TKOI)

[vera_lynn12]

Not a horrible 10Q, but I just don't think that investors are excited about this company going from $15MM (2015) to $18MM (proj.) in sales, with no strong indication of profitability. Just not scaling the business enough for the risk.

Investors can revisit this thing in 2-3 years at this rate and still have a decent entry level. Why come in now? I'd rather spend it on a vacation or maybe one of those new Tesla's....oh..not yet?

In addition, JT blames the loss on a little proxy fight that puts them $400K+ in the red...what's gonna happen if something larger unexpectedly happens? Don't like the cash balance number as a result.

Other thoughts:

- Profit margin isn't supporting growth whatsoever.

- In no way, shape or form can they justify a $32MM market cap. Can't be done.

- R/S anvil still attached

- They've got 2,350 properties/5 million network users under Ethostream, you mean you can't exploit that customer base for more than just monthly fees?

- IMO, this company needs a JV/acquisition with an industry-related company that has a significant sales staff. Couple that with a cap raise, R/S and an up-listing - NOW you've got an interesting company!

PK???