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While I understand and respect your point of view to ignore various posters, its just not my style.
Pops...you are right...I don;t know how it slipped past me, but I just went to the Amex to see if TKO was still on the list, and it is NOT on the list any longer. It was still there on the weekend when I looked...when did it get knocked off the list? Today? Yesterday? What a relief!!!!!!!!
Please when will you all learn ignore, ignore, ignore. Its so refreshing to read this board and not see you know who's posts. The only unfortunate part is still haveing to read the unfortunate ones that still haven't learned yet where he's coming from and answering him. ignore, ignore and ignore and it will go away.
RBT, I too think some disinformation is going on. The whole AMEX delisting issue is a dead horse and even AMEX has caught up with the info. and TKO is no longer on any non-compliant list, I just hope it gets through a few thicker craniums. I also sold out and have since rentered in the $2.09 - 1.53 range, and I also don't understand how someone could knowingly keep losing money unless... they don't have any stock! I know the "I'll get out when I break even" story will come up, but come on! Do what GLL did, sell and take the hit and then find a winner stock and make back the money plus some extra. Makes sense to me. I am now positioned to ride this one out and see what happens over the next 2 years. I hope no one has all their money invested in this stock or any other singular stock as that is just plain bad investing. Diversification is the key and TKO is just one of my many "Vegas" style stocks. I figure that 1 in 5 winners will get me bucks up. I have a lot of dividend stocks too, because I like extra money coming back my way! I am glad for folks like you on this board and hope we get even more in the future.
Good investing!
For those who are totally dissatisfied with this stock - Please leave and take your posts with you.
Those who want to stay, for whatever reasons including; insanity, instability, dreamers, rainbow complex, nothing better to do with your money, true believers, hope eternal, kamikaze syndrome, good ol' long term investors, techno-geeks, easily influenced, waiting to break even, can see past your nose, listen to 60's and 70's music, actually think this is a good stock, wishful thinkers, go down with the ship, like Ron's picture, hate naysayers, my favorite<I like a challenge> and any other less than haters of this stock Welcome!
I still appreciate the comments by those that truly believe that one day this will be a real winner! I for one like to have comments that have an inkling of positive. For all bashers and wannabe bashers... in the words of Mick Jagger. Hey you, get off of my cloud!
Good investing to all who have an inkling of care for this company and its' future direction.
Wrong again. Good thing this isn't a game show.
First of all, I sold most of my stock long before you showed up. If you really want to know, I have since restablished a small position with buys from 2.20 to 1.53. I will continue to add when prudent.
Second of all, they never registered to sell the warrants (issung warrants attached to a loan and registering them for trading are different entirely). Check your facts. So suggesting that they diluted the stock by issuing warrants is inaccurate and out of context.
As far as your predictions go, good for you. You have succesfully demonstrated that you were able to predict a 30% decrease in your own original investment. Wonderful trading plan, lose money and drive people crazy at the same time.
I have tried many times to have rational conversations with you. Unfortuntaley, you resort to acting like a child and distort peoples intentions and posts to get under their skin. Pretty sad considering you have shown some intelligence, when you are not trying to agitate people just because you can. Grow up bro, we are all the same team here.
No disinformation posted and you know it...everything can be found in the latest filings...selling warrants at $4.17 would sure as shoot dilute my shares...and the only reason they need to dilute my shares is because they can't keep the business afloat with the zero money they have.
TKO is quickly becoming a crock. They are the ones that put out disinformation that has GLL coming here weekly announcing that it is last week we will get losses (ie. earnings) and a COO announcement and a quick return to $2. Well, that was obviously the disinformation. As for my responses, they have been 100% accurate in their predictions and analysis. I told you all months ago to get out of this, as we were heading to $1.50 by mid-July. Well, by mid-July we were exactly at $1.50. You need to read and understand more...maybe that will help you analysis. Instead, you held when I said to sell, and you sold at the bottom...makes tons of sense to me.
Could it be, that we have the 2nd coming of the 'Tower of Babel'??
The Shadow Knows!!!
you mean disinformation.
BSD
Be careful with the misinformation MLK. Your starting to cross a line.
Plus now, the company has obviously run out of money again...they needed to borrow money in order to continue losing it...they are paying 6% interest, which is worse than most would get on such a short term loan. Plus, they need to print tons more shares from the backroom printing press to permit the creditor purchase some, if they are so inclined. This company is disastrous.
Another reason for the continued downward pressure is the fact that TKO continually fails to meet the expectations they have set for themselves, despite the fact that the expectations they have set for themselves don't even make the company profitable.
For example, at the beginning of the year TKO promised $25M in revenue. Then later in the year they acquire Ethostream and SSI, which they say will add between $10 and $15M to the bottom line. All this while diluting TKO stock. So, using my limited math skills, you would think $25M from TKO plus at least $10M from Etho and SSI would equal $35M. Not in TKO's world. They still only promise $25M for the year, if that!!
So, TKO continues to revise guidance downward and the price takes a hit. DUH
The price keeps going down for several reasons. First of which is that TKO is still noncompliant with Amex listing requirements. Don't believe me, visit www.amex.com.
TKO says they are compliant, but the Amex says not as of yesterday. Is delisting next??????????
BRAVO, RBT....he will say ANYthing to get attention, won;t he?
You are spewing misinformation. Where are they diluting? They are not. If you are going to act like a 5 year old at least be truthful.
grq is a big firm. i'm curious as to why they would accept $4.17 warrants.
TKO has submitted, apparently, estimated date of 6Aug-16 Aug for their Q2 earnings release.....AND, if you open the link I give you, you will know what the estimated eps is for Q2, as well. Have fun....
http://www.fulldisclosure.com/company.asp?client=cb&ticker=TKO
GOD I hope your right and I mean you better be right,but somehow I doubt it.
RBT, You are 100% correct, this is very optimistic financing on the part of TKO & the lender GRQ. They did not issue shares & at 6% for 1.5 million is $7500 for 6 months is $42,500. This is very short term financing for avery short period till the $ come flowing in. The Co. will be cash flow positive in 3 months or less, The friendly lender has warrants to purchase 370,000 shares {rounded off} @ $4.17 if this is not positive then what is. IMO third qtr will be far greater than we all expect & as the institutions begin to hear the numbers & see the news releases the PPS will no longer be an average multiple but at a new evaluation based on dynamic growth which could be 20/30X earnings/share. The Co. with a 55% or more gross profit could have a 35% net on revenue now that the MST of 600K/ month is gone. I hope everyone reading this understands these projections. I have never been as optimistic on the future of TKO as I am now. In summary these current prices will seem like a bad dream in a few months. Walrus
Exactly. I will be a happy camper if/when the company has to issue shares as part of this indenture.
TKO seems to be doing all the right things at this point. Expanding markets, consolidating operations, making personel additions and subtractions. I am looking forward to reading Q2 and Q3 reports. A revenue double from Q1 with improved cap ex will make me very happy.
Gotta agree with that. It's not much dough and the interest rate is low. As for dilution, well, if and when it trades above those numbers again, I think we'll be happy with the deal.
BSD
Much better than issuing shares. Terms look good, 6% plus warrants at 4.17. The warrants are issued to sweeten the deal and bring the interest rate down. If those warrants are not there the financing term is much worse.
Warrants are not issued shares, once they are purchased, the company issues the shares, not before. This does not dilute the stock now, it would only dilute the stock when the are actually bought. The lender is not buying these warrants until the stock trades above 4.17 anyway.
Based on the amount on the 8k it looks like they dont anticipate much of a liquidity strain in the coming months, a possible sign they will be cash flow positive soon.
Where did you read they issue shares?
Take a look at this: For the first time in MONTHS, it shows MORE buyers than sellers on the 30 day rolling numbers...
http://www.cnbc.com/id/15837275?q=tko
The printing press for shares continues in the back rooms of TKO in order to finance continued operations. Swell job and no wonder we are at 52 week lows.
This is becoming laughable
Another 8-K issued AH----borrowing money again?
Form 8-K for TELKONET INC
--------------------------------------------------------------------------------
30-Jul-2007
Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On July 24, 2007, Telkonet entered into a Senior Note Purchase Agreement with GRQ Consultants, Inc. ("GRQ") pursuant to which the Company issued to GRQ a Senior Promissory Note (the "Note") in the aggregate principal amount of $1,500,000. The Note is due and payable on the earlier to occur of (i) the closing of the Company's next financing, or (ii) January 28, 2008, and bears interest at a rate of six (6%) percent per annum. The Company has incurred approximately $25,000 in fees in connection with this transaction. The net proceeds from the issuance of the Note will be for general working capital needs. In connection with the issuance of the Note, the Company also issued to GRQ warrants to purchase 359,712 shares of Telkonet common stock at $4.17 per share. These warrants expire five years from the date of issuance.
Welcome back ouch! Hope ya had a nice visit!
Hmmmmmm,
interesting that a big seller is dumping that many shares at this level..
Also, I think the Geek PR can only help the revenue line to Telkonet.. An Apple a day, keeps the Doctor away..
BTW, the 'Telkonet Slayer' appears to (still) have 'serious sinus congestion', causing the swelling in the 'forebrain'.. The 'midbrain' and 'hindbrain' appear to be affected, as well.. Brains without 'Common Sense' leave a wanting desire..
As a point of interest, I wonder if our 'Telkonet Slayer' realizes that the (cocoa for September delivery), is up today.. Oh sorry I forgot, he is of 'International' interest...
Thank you for the link Philly!
Telkonet and 1-800-905-GEEK Announce Plans to Penetrate the Small Business and Residential Market
Developing Customized Private Labeled Products to Be Sold by a New, Dedicated 1-800-905-GEEK Sales Force
Last Update: 8:55 AM ET Jul 30, 2007
GERMANTOWN, Md., Jul 30, 2007 (BUSINESS WIRE) -- Telkonet, Inc. (TKO : telkonet inc com
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Last: 1.53-0.03-1.92%
11:25am 07/30/2007
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Sponsored by:
TKO1.53, -0.03, -1.9%) , the leader in providing in-building broadband access over existing electrical wiring, today announced plans with 1-800-905-GEEK, the nation's premier provider of on-site computer services, to bring its family of broadband networking and energy management products to the small business and residential markets, which are new markets for Telkonet. To address these markets, Telkonet will deliver customized private labeled products specifically for 1-800-905-GEEK. Additionally, to distribute the new, customized products, 1-800-905-GEEK plans to hire 50 additional sales representatives, providing full training and integration with the existing franchisees. 1-800-905-GEEK is being appointed as the exclusive distributor of these specially-designed, private labeled products to small and medium-sized businesses and large, single family residences.
Richard Cole, CEO and founder of 1-800-905-GEEK, explained, "We are expanding our role from initially partnering with Telkonet, to now actively promoting and selling their product line with a Telkonet dedicated sales force. Telkonet's in-building powerline communications (PLC) technology, which enables Internet access using a building's internal electrical wiring, is the ideal platform to enable converging technology solutions. Once the Telkonet PLC platform is installed, it can be leveraged to enable robust Internet access, security cameras, VoIP, and energy management. We have not found any other products that meet our customers' needs for affordability, reliability and performance. Now we can offer our customers an integrated broadband networking solution using one simple technology base, all sold and serviced by one vendor. We think this is a compelling value proposition."
About 1-800-905-GEEK
In addition to being one of the most popular on-site computer support companies in the nation, 1-800-905-GEEK (a Geeks On Call Company) was named the #1 new franchise company America by Entrepreneur Magazine (January 2006 issue). The services offered by 1-800-905-GEEK include computer privacy and security solutions, installations of hardware and wireless networks, troubleshooting, repairs, upgrades, and consulting. The company's certified, trained, and tested technicians drive Chrysler PT Cruisers wrapped in the 1-800-905-GEEK logo.
Founded in 1999, 1-800-905-GEEK began franchising in 2001 and today has over 300 franchises operating nationwide. For more information, visit www.1800905GEEK.com. All 1-800-905-GEEK franchises are independently owned and operated. (C)2007 Geeks On Call America, Inc.
About Telkonet
Telkonet develops and markets technology for the high-speed transmission of secure voice, video and data communications over in-premise and shipboard electrical wiring. The revolutionary Telkonet iWire System utilizes proven powerline communications (PLC) technology to deliver commercial high-speed broadband access from an IP "platform" that is easy to deploy, reliable and cost-effective by leveraging a building's existing electrical infrastructure. Telkonet's products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets. Applications supported by the Telkonet "platform" include but are not limited to: VoIP telephones, Internet connectivity, local area networking, video teleconferencing, IP surveillance and a host of other IT services. For more information, please visit www.telkonet.com.
Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's Registration Statement and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).
SOURCE: Telkonet, Inc.
Porter, LeVay & Rose, Inc. Michael Porter, President, 212-564-4700 mike@plrinvest.com www.plrinvest.com or Rubenstein Public Relations Adam Mazur, 212-843-8073 amazur@rubensteinpr.com or 1-800-905-GEEK Matt Nelson, Marketing & Communications Manager 800-905-4335 ext. 7328 matt.nelson@1800905GEEK.com Copyright Business Wire 2007 ********************************************************************** As of Thursday, 07-26-2007 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 03-05-2007 for TKO @ $2.61. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright © 2004-2007 Comtex News Network, Inc. All rights reserved.
Let's talk about the revenue that the Geek folks could bring to TKO...BECAUSE, I have had the GeekSquad from Best Buy at my home twice now, my 'radar' was working when the WSJ ran a story about this sort of service a couple of weeks ago. Essentially, the WSJ article stated that this service...as the liason between high tech and consumer, is a VERY VERY lucrative business. Technology has gotten to the point where the average consumer can no longer 'figure it out for themselves'...
I have a CCTV surveillance camera system, for instance, and my new Vista based computer system, and they not only meshed all of that together, but they also 'secured' my system, so that the neighbors cannot get into my wireless system, as my home is wireless-networked as well. So far, the first visit cost me $150 bucks..the 2nd visit cost me $250...and tomorrow, they will be here for a final third time---and that one is supposed to be free..hahahahahaha..(we only have 2 geek squad guys in my town..and the one that did the work even reached his threshold..so the other one has to come in to do the final deed) ..SO FAR, it has cost me $100 bucks an HOUR for their TIME only, for them to do what needed to be done, after I realized I had reached my technological threshold.....yup--I tried to do it all myself..spent hours on it...didn;t destroy anything..but was unable to get it all to work smoothly together....
I had to WAIT 2 1/2 weeks, before the guys could fit me into their schedule, for the first visit that I paid for in advance. Although Firedog, for instance competes with the Geek Squad, it was very difficult to find someone who could network the security with surveillance with computer system...and ONLY because one of the GeekSquad guys had experience with the camera, was I able to find ANYone who could set up my system....
Bottom line--there is a demand right now for Geek-type installers, not enough of them handle the demand...and per the WSJ, those that can bridge the technology and the end-user will become very very wealthy in the next few years.
If the deal with TKO and the GEEK group they have aligned with works out, and they target their sales "efficiently" this could be very good for TKO's bottom line.
Hi Walrus, pleased to see you back! We need your solid positive support as well as keeping us all informed and the stock moving up.
What is key to this avenue for increased revenues is
the extremely limited 'expense/cost' for TKO...
This was a brilliant contract for TKO.
Neb
There is a current seller who began to sell Friday & is still there. Should be cleaned up by Tuesday. I was just told that this counteracted the news re Geek which will result in 5/6 million annual additional revenue. We may see some very good news in the next few days.
Thanks Raven but I have to give the credit to a guy named Bob O'Brien who is taking a stand against the corruption in America's stock markets and the SEC's failure to enforce the law at www.thesanitycheck.com
Here's the link for the article that was posted:
http://www.thesanitycheck.com/BobsSanityCheckBlog/tabid/56/EntryID/630/Default.aspx
Tony
I told you all this last week...always a dollar short and a week late.
You mean the MM actually informed the AMEX of TKO's noncompliance? For shame...perhaps he should have closed his eyes and let TKO do whatever it wants. I don't know about you, but a bright light on all events is exactly what is needed in this world, not silence and capitulation.
You people amaze me.
What else...the residential market. I asked about this in my first days on this board and all you people said was that isn't TKO's business. I asked why, and all the responses were, "Well, because." Well, it looks like MLK is right again.
But, in the meantime, TKO has wasted how many years. I have a feeling RP is just throwing something else against a wall and hoping this one sticks. Since nothing else has, apparently.
MLK, ask and ye shall recieve:
Telkonet and 1-800-905-GEEK Announce Plans to Penetrate the Small Business and Residential Market
Monday July 30, 8:55 am ET
Wow! Tony has one very large brain!
I hope he's not right but I think he is probably spot on. I'm looking for a world-wide economic downturn when we hit the skids here in the U.S. Once you've globalized the economies when the big one falls to it's knees everyone else is going to feel a real kick in the gut shortly thereafter.
Tony posted this on another board--and I stole it from there..heh heheh
From a Sanity Check blog....AND from what I read here...it is not unusual for there to be no Specialist, I guess...or MM..
BTW...before you read on...TKO has a 'specialist', instead of MM handling its trades....
OK--here it is:
Cramer, AKA Dr. Obvioso, proclaims that the markets are rigged and bent!
Location: Blogs Bob O'Brien's Sanity Check Blog
Posted by: bobo 7/28/2007 5:45 PM
Lest it seem a bit too conspiratorial, my alarms went off on Friday when suddenly the newest convert to my position that the markets are so badly bent as to be unsuitable for investing, was.....the mighty Jim.
Here's a little flavor of his diatribe:
"Manipulation. Cheating. Phony numbers. No specialists. No break in the action. A fast market in the last 15 minutes where you couldn't keep up with the prices.
A 15-minute break where the prices were wrong on your screen when it was going down and looked like it was going up.
Sorry. This is about as phony a market as I have ever seen. If there were any refs, they would have stopped play and thrown people out.
Now, look, I understand, if I were short, it would be nirvana. If I were short I would say "Look, we got there by hook or by crook." I am telling you that much of it was the latter."
My observation isn't that he is incorrect, or even overblown. If anything, this is the tame version. When you have stocks on the SHO list for two years or more, it's obvious that the market is badly screwed up. When you have the SEC doing everything short of hanging a "Going Out Of Business" sign up whenever it appears they might actually have to do something about the grandfather clause, or the abysmal failure of Reg SHO, and of their complete indifference to the integrity of the markets beyond what will help the big banks make more money...it isn't rocket science to say things are really bad.
How bad? Read this latest absolutely stellar piece by Alan Newman of Crosscurrents. It spells out how bad rather nicely. Very, very bad.
But back to Cramer. Or rather, back to what stinks here.
Everyone with a brain on Wall Street understands that the game is horribly rigged. They get it. The markets are there so Wall Street can make money. If you do, too, that's an artifact, and many would argue, an anomaly.
So why suddenly does it seem that the agenda of big media, including Diamond Jim, is to breathlessly proclaim that there does, in fact, appear to be a really big problem in the markets, and that they are out of control bent?
Historically, one would have to look to the short interest, and what the smart money is doing, not what the talking heads are saying. The short interest is at all time highs. And yet the market was going up, up, up. Who was doing all the buying if the smart money was selling short?
A really ugly suspicion? Uncle Sam, using the taxpayer dollar to create a hand-off of Wall Street's long positions, at the top, so they could get out of them and go short. That's also how it has usually worked - Wall Street and the crooks (if one wants to differentiate) lay their bomb on the taxpayer when the jig is up, as in 1929, as in the S&L's, and as in now. I've been predicting just that for several years - and I think that is what we might be seeing.
Here's a scenario: Plunge protection team buys as Wall Street sells, allowing them to get liquid and go short. The the team stops buying, and the talking heads all start shouting fire in the theater, stampeding the market to make maximum dollars from the downward run. It's called crashing the system to be able to clear the worst of the liabilities from NSS, and make money all the way down as investors run for the hills. It also helps that the subprime meltdown and virtual abandonment of the CDO market by the banks creates a scenario where the latest casino - real estate - gets the lights turned off, conveniently creating a crisis and leaving those short the home sector winning huge, as well as inevitably, those buying assets at deeply discounted prices. Who loses? Anyone that has debt, and got suckered into the real estate easy money 100-200% increase in valuation scam.
In 1929, the way it worked was you convinced everyone in the country that they were morons if they weren't making the easy money from the market. Interest rates were lowered, and margin was a giveaway. There was no uptick rule to stop bear raids of ugly proportion, but all the press focused on was stories of how everyone was getting rich from the market.
And then, Bam. The Fed raises rates a bunch of times, margin lending rates are tightened at the worst possible time, and the markets go into freefall as the bear raiders go to work, effectively redistributing the wealth that was built in the first 30 years of the century. Very nice. The resulting turmoil allows massive social engineering that transforms a republic into a democracy, the federal government becomes everyone's Daddy, and the ownership of much of the nation's hard assets changes hands - a handy redistribution.
Or how about a more recent one - the dot com thing? Again, everyone is told that they are morons if they aren't riding that gravy train and getting rich overnight. The press is all atitter about grandma and her friends making millions because they thought a company's name was cute. Stories of instant riches abound. Wall Street is very accommodative, and then one day, the bottom drops out. Party over, and another generation's wealth is redistributed.
And here we are. The uptick rule has been eliminated. Most of the safeguards of the 1934 Act are ignored, or considered horse and buggy era anachronisms. But many are still leery of the market post dot com, so what to do?
Real estate was the surefire winner this time, with the Fed happily dropping rates to unseen lows while everyone and their brother gets easy money loans to buy houses at ever increasing prices, and parrots the wisdom that real estate is a great way to get rich. Then the Fed starts increasing rates, the market sours, the CDO market that was created by Wall Street sours, and inevitably, the government will step in and pass the banks' bad bets on to the taxpayer. But it gets better - if my ruminations are correct, as the NSS crisis starts to unfold and it becomes inevitable that the truth is finally known as to how criminally the big banks have behaved, and how perverted the system has become, those big banks understand there is no way out this time - so they create one more run, and then having taken their positions, crash the system to the degree that it requires crashing so they can benefit from the volatility, as well as creating for the country a larger problem than their larceny to focus on.
People don't much have a stomach for who did what to whom when they are in bread lines, or petrified with fear over terrorist attacks, or going to war based on a big fat lie.
My prediction is that Wall Street and the banks who run the country will create a big enough stinky so that their prior stinky pales in comparison. Then it will be crisis mode time, with little leeway to consider ancient history - hell, we got ourselves an emergency to deal with! What does it matter what happened before - we gotta deal with this now, not dwell on past transgressions!
There will be heartfelt speeches, a la, "Mistakes were made, unfortunate events we aren't proud of took place, but in this time of crisis we need to come together and put all that behind us, and ensure it never happens again, so we can grow stronger as a nation..." Sort of the government and financial system equivalent of OJ declaring that he would spend his remaining days (when not on the golf course or partying) hunting down his wife's killer.
Actually, here's today's example of this sort of speech, right down to the mention of moving on for the good of.....the children!!! By none other than Jimbo's buddy Spitzer. Save it, and see if you think this is just a template they circulate, or whether they actually pay a new speechwriter each time they need one.
This is a timeworn and cynical way to brush off past guilt when exposed, and demand that we press on to the future, for the good of the country and of course, the kids. Ironically, it seems to work really well to get countries full of media-created "patriots" to want to go to war and send their kids off as bullet catchers without questioning why - apparently the good of the kids doesn't include the ones being shot or bombed. It's an awesome ploy to get people to forget about the relatively smaller things, like stealing grandpas retirement. The formula is simple - create or capitalize on a larger crisis, and then declare it necessary to either, A) rewrite or ignore the constitution; B) forget about the looting of the financial system as we have bigger fish to fry/a genuine financial emergency; C) act as though baldfaced lies created to escalate events are true, and then long after the fact, admit that mistakes were made, blah blah blah, usually after either A or B is a fait accompli.
If I sound cynical, it's because I've watched as a regulator lies, cheats, and actively assists the theft of our retirements. I've watched us ignore international law and most civilized behavior and invade a country under false pretenses after a questionable crisis event. I've watched as the entire free press dances to the tune of the big banks and top swindlers on Wall Street. I've watched as politicians ignore the destruction of their constituents' savings, while mouthing platitudes. I've seen mountains of data corrupted by agenda-driven media hacks. I've watched as online venues for information like Wiki have been taken over and converted into propaganda spin machines for whatever the agenda of the power base is.
I don't trust Wall Street, our regulators, or our systems anymore. They have failed us at every level. Want to see who agrees? Try googling Lee Iacocca's astoundingly simple summary excerpted from, "Where have all the leaders gone?"
That's not a guy known for fringe looniness or Easter Bunnyesque ribaldry. That's one of the icons of American capitalism, saying, bluntly, that this train has run off the tracks.
But back to our current topic.
Folks, when Jim starts talking about how obviously bent the system is, after ignoring naked short selling and mocking Byrne for years, I automatically ask, "What's he really doing - are all his cronies now massively short and ready for the big takedown?"
Or as another buddy said to me, "You know they're lying because their lips are moving." I rest my case. And I hope I'm wrong, because the ensuing misery will be pretty monumental if I'm correct.
Sirius,
I hear earnings to be in the band of $3.6 to $3.7 million with roughly $500,000 missing a shipping point, so will carry over to Q3.
As for MLK, GE is being shipped as is EDS and 4 airports sorted to date, many more to come and I believe it is roughly $100k per airport, 250 airports in total or around that figure, MLK can do his own maths!!
He keeps going on about the 2 new Companys not being included in the original $25 million, but it would appear, the revenues for these were possibly costed in at outset knowing they would be buying them.
GE was always going to be 6 months on from Jan 07, as per the PR around that time, so GE money not coming to the fore until really Q4, hence why these monies will be carried over to 2008.
Hope this helps, I`m away on holiday as of tomorrow night for a few weeks, so I wish all on this board, happy investing and hope that the Q2 figures plus the announcement for the new female COO, moves the stock up to near or just over the $2 mark in the imminent future.
p.s.
Not invested in TKO currently, so no vested interest!!
GLL
Disclaimer:-
I have no affiliation with TKO, it`s employees, management nor its` Public Relations Companies. I invest purely on my own Due Dilligence and/or from my broker and I understand I can make or lose monies on my investments.
I confirm I live in the uk and I am in no way connected to the American Stockmarkets, Nasdaq, Amex e.t.c. and nor am I in any way affilliated to any brokerages either here in the UK or the States. I confirm my line of business here in the uk is not connected to any money markets, stock brokers, normal brokers and all monies I have invested in America are purely mine from savings, property sales and uk property investments. I have recommended several business colleagues and acquaintances to my broker, of which all are not in anyway connected to the financial industries.
If you go to the Amex website, and look up the non-complaint list, you will see TKO with the.BC after it....www.amex.com , then go to regulations, and then compliance something....from the Amex site:
""Each trading day, Amex publishes a list of issues that are non-compliant with its continued listing standards. An issue is added to this list five business days after Amex notifies the issuer of the deficiency and is removed from the list one business day after Amex determines that the issue/issuer is in compliance with continued listing standards, or the issue is no longer listed at the Amex.
Two indicators are used to identify an issue/issuer's compliance with Amex continued listing standards. .BC indicates that an issue/issuer is Below Continued Listing Standards; .LF indicates that an issue/issuer has submitted a Late Filing to the SEC.
Investors seeking further information may view the SEC filings of the issuer and/or the issuer's website. Continued listing standards of the Amex can be viewed in the Amex Company Guide.
List of Non-Compliant Issues
(as of the previous business day) ""
TKO is "Below Continued Listing Standards"
the list, which would not copy, for some reason, of those in noncomplaince, INCLUDE many companies with 'years of losses'.
THAT is why, IMO, TKO has not yet been removed from non-compliance. Sure they corrected the BOD thing--but like I said, there was more to the situation than JUST that, and the BOD thing was merely the first item on a list. My opinion only, but this time, I believe I am right-on.
Issue Name Symbol(s) Indicator Deficiency Notification Date
It IS strange that, in the Amex web site, it is stated that when a company is back in compliance, the company is removed from the non-compliance list 'the next business day'.....and that has not happened.
My OPINION, when all this started, was that there was more to the AMEX problem, than what was announced...and I said so....I read the AMEX requirements for compliance very very thoroughly---as all should do, IMO, as part of their DD....and found several areas where one could 'question' whether or not TKO was gonna 'make it', meaning, they were meeting ALL the requirements of the AMEX to stay listed ON the Amex, and not be moved down to the BB.... Q2 earnings are going to be VERY important, IMO, as one of the litmus tests to remain on the AMEX. The numbers MUST show some progress and movement forward.
Those who have owned a business, as I have, and many on these boards have, are very aware of the those rules that state the business MUST show increased revenues within and over a certain period of time....and if they do not....the goverments have the right to declare that company as a 'non-company' and re-classify them, for a small business for instance, as a 'hobby'. TKO obviously could not be classified as a hobby, but thy MUST increase revenue...and I think the time-limit for doing so is upon us...and RESULTS are critical.
I was told a few months back, and GLL mentioned something about this too, that the MM we were 'assigned' by the Amex, played a hand in 'informing' the Amex that the TKO BOD was not in compliance, for instance. It has also been mentioned that RP formally complained about the MM we were assigned, and asked for another MM to be assigned to TKO. Standing back, hindsight reveals a spat between the two, and the Think Equity attack, on TKO, came out, as the crescendo of the events, about the same time......
To be quite honest with you, I don't know what the truth is about all of this. And I don;t know if there is an MM assigned to TKO, at this time, or not. I still do not have MM's showing on my level II, but then I have NEVER had MM's showing on my Level II with Scottrade, for Amex stocks....A couple of people have told me I need to sign another piece of paper to get that for Amex....and I have not taken the time to pursue that.....SOME people, however, do have access to the MM activity for Amex---perhaps someone will take some time tomorrow, and inform the rest of us?
Sunday morning,
TKo still has an "h" following its name in the morning paper, which indicates not in complience with AMEX requirements or no market maker. The non-complience should be over, does it now mean we are still without a market maker?
Have not looked at the turnover for a while per the CNBC website.....so thought I would see if Enable (isn;t that one of the pp investors?) was still turning over their stock...and guess what...they are...probably shorting it to make up for the $2.50 share price that is not..take a look...
http://www.cnbc.com/id/15837275?q=tko
Thanks for the optimism, Popmenke.
have a great weekend all. God Bless.
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ABOUT TELKONET
Telkonet (AMEX: TKOI), founded in 1999 and headquartered in Germantown, Maryland, is a leading technology systems application developer of innovative powerline communications (PLC) solutions for the commercial and government markets, establishing a range of patented award-winning systems. Telkonet’s PLC solutions are marketed and sold by resellers throughout the United States, Canada, Europe and Latin America.
The Telkonet iWire System™ delivers wired and wireless broadband network access that is simple and cost-effective to deploy, with secure and reliable connectivity at every electrical outlet. The solution is ideal for any type of commercial building, regardless of the type, age of number of buildings. Telkonet’s leading-edge technology is deployed around the world.
COMPANY WEBSITE
http://www.telkonet.com/
Telkonet, Inc.
20374 Seneca Meadows Parkway
Germantown, MD 20876
Phone: 12409121800
Fax: 14108971144
Sector: Technology
Industry: Communications Equipment
Telkonet’s patented powerline communications (PLC) systems – the Telkonet iWire System and next generation 200 Mbps Telkonet Series 5 – use a building’s existing internal electrical wiring to enable Internet connectivity throughout an entire building, converting electrical outlets into high-speed data ports. This is an ideal solution for properties that are not wired with CAT-5 or where CAT-5 is cost-prohibitive.
The EthoStream Gateway Server (EGS) product line of gateway devices, which are developed in-house, deliver wired or wireless high-speed Internet access, integrating easily with any combination of WAN connections. The EGS products range from a cost-effective gateway for limited use applications to a feature-rich, dual-WAN, scalable gateway for full-service properties.
Telkonet’s energy management systems, Telkonet SmartEnergy (TSE) and Networked Telkonet SmartEnergy (NTSE), reduce in-room energy consumption by controlling heating, ventilation and air conditioning (HVAC) usage based on occupancy. By eliminating unnecessary heating and cooling of vacant rooms, TSE typically reduces energy consumption by 30% or greater.
Telkonet’s proactive support center brings quality of service to a new level with its dedicated, in-house employees, 24/7/365 support, and integrated proactive monitoring and management tools that put property management in control. By integrating the EthoStream Gateway Server and the web-based Telkonet CENTRAL, our in-house support team has real-time visibility into a property’s HSIA usage and data, as well as ISP status.
Telkonet SmartEnergy™ (TSE) controls HVAC usage and improves energy efficiency by adjusting and maintaining a room’s temperature based on occupancy, using a combination of occupancy sensors, intelligent programmable thermostats or packaged terminal air conditioner (PTAC) controllers. TSE eliminates wasteful heating and cooling of vacant rooms without compromising an occupant’s comfort based on our patented Recovery Time™ technology.
Building on the proven capabilities of the TSE system and incorporating Telkonet's unique Recovery Time™ technology, our new Networked Telkonet SmartEnergy (NTSE) advances intelligent HVAC building control with a flexible, resilient and low-cost energy management platform. NTSE utilizes a ZigBee wireless IEE802.15.4 “mesh” network, where each device functions as a wireless repeater and enables energy management thermostats to communicate with each other and aggregate communications up to a single master NTSE Gateway Server on site. NTSE enables central control without needing expensive back-haul wiring. Its key monitoring and analysis features ensure optimum energy savings, giving property owners the tools to identify and implement energy savings, providing total visibility and detailed data about a property's HVAC system and its energy consumption, together with real-time, instant remote management capabilities.
Key features and benefits of NTSE
Telkonet’s proprietary, patented powerline communications (PLC) products harness a building’s internal electrical wiring to form an IP network, turning power outlets into data ports, while leaving the electrical functionality unaffected. Telkonet’s PLC systems – the Telkonet iWire System and the 200 Mbps Telkonet Series 5 – represent a quick, economical, and non-disruptive way to achieve high-speed Internet connectivity throughout a building. Telkonet’s PLC systems offer the hard-wired security and reliability of a CAT-5 cabled network, but without the cost, physical disturbance and business disruption of wiring CAT-5. For properties looking to provide wireless coverage, Telkonet’s systems can be used to feed WiFi access points, which can be connected quickly and simply to any power outlet.
Series 5 Comparison “With 209 sites and limited numbers of IT technicians, we needed a reliable, plug-and-play system that was easy to install, maintain and operate. With Telkonet’s solution, we demonstrated that our own IT staff and contract electricians could install the system…”
Steve Custer, Supervisor CCTV/LAN Networking and A.V. Repair, Hillsborough County School District (SDHC)
Telkonet iWire System
The Telkonet iWire System is a robust networking platform that protects your investment by providing for today’s technologies and expanding for future technologies and applications, with many key benefits.
Low cost – Significantly less expensive than rewiring a building
Quick installation – Completed from hours to days, without construction or disruption
Secure – Data is encrypted and secure from outside intrusion
Hybrid – Delivers wired, wireless or a hybrid solution
Reliable – Patented PLC technology for continuous network connectivity
Scalable – Add users by adding more Telkonet iBridge units
Convenient – Network access at every electrical outlet in every room
Flexible – Supports any device or application using Internet Protocol
Robust – Remote monitoring and management
Compliant – FCC Part 15, UL60950 Listed, and CE approval
Plug-and-play – Easy to connect to the Internet without drivers or software
Applications supported by Telkonet’s PLC system include, but are not limited to: HSIA, local area networking, VoIP phones, video conferencing, closed circuit security surveillance, digital signage, substation monitoring and a host of other information services.
The Telkonet iWire System is used by a wide variety of customers, including:
PLC Product Components
Telkonet’s systems comprise a set of compact building blocks – the Telkonet Gateway, which connects via a router to the site’s external broadband feed, and a Telkonet Coupler that interfaces with a building’s electrical distribution panel. A further unit, the Telkonet eXtender™, can be connected to the Telkonet Coupler to provide additional reach for multi-building sites. To access the Internet, a user simply connects their laptop into a Telkonet iBridge unit.
Telkonet Gateway™ | The "brain" of the system, the Telkonet Gateway converts IP connections to a PLC signal and distributes PLC to the Telkonet Coupler. Through a web or CLI interface, the Telkonet Gateway allows management and configuration of the other Telkonet components. Each Telkonet Gateway supports up to 63 Telkonet eXtenders, 1,023 Telkonet iBridges (users) and up to 4,096 Ethernet endpoints. | |
Telkonet Couplers | The Telkonet Coupler takes the PLC signal from the Telkonet Gateway or Telkonet eXtender and injects that signal into the in-building electrical wiring. Installation of the Telkonet Coupler requires a licensed electrician to meet National Electric Code (NEC) and local electric code standards. Also comes in a model with integrated disconnect switch. | |
Telkonet eXtender™ | The Telkonet eXtender provides additional reach and scalability for networks that cannot be properly covered by a single Telkonet Gateway or multi-building environments. It can be used with wireless radio or wireline networks. | |
Telkonet iBridge™ | The Telkonet iBridge enables a user to connect a computer or IP device to the PLC network. It contains a "test" function to determine the PLC signal strength and has an RJ45 user port connection. |
Telkonet Series 5
Setting unprecedented performance levels for security, speed, QoS and capacity, the Telkonet Series 5 200 Mbps system takes PLC to a new level as a viable networking option for high performance, critical applications, including digital video surveillance, implementations in the utility substation environment, and harsh outdoor commercial installations. Telkonet Series 5 delivers a range of significant performance advances, including the following.
PLC Product Components
Telkonet’s systems comprise a set of compact building blocks – the Telkonet Gateway, which connects via a router to the site’s external broadband feed, and a Telkonet Coupler that interfaces with a building’s electrical distribution panel. A further unit, the Telkonet eXtender™, can be connected to the Telkonet Coupler to provide additional reach for multi-building sites. To access the Internet, a user simply connects their laptop into a Telkonet iBridge unit.
Telkonet Gateway™ – AG5 | The Telkonet Gateway is a remotely manageable network interface that converts Ethernet connections to a power line carrier signal and transmits the signal to the Telkonet Coupler. The Telkonet Gateway allows management and configuration of the Telkonet Series 5 via a web browser or Telnet command line interface. | |
Telkonet Couplers – MVC-200 and DPC-200 | The Telkonet Coupler is wired to the AC or DC low-voltage bus and connected to the Telkonet Gateway with a coaxial cable. The Telkonet Coupler takes the power line carrier signal from the Telkonet Gateway or Telkonet eXtender and injects the signal into the AC or DC electrical wiring. The Telkonet Coupler is also available with an integrated disconnect switch (coupler breaker). | |
Telkonet eXtender™ – AX5 | The Telkonet eXtender provides additional power line carrier signal reach and scalability for networks that cannot be covered by a single Telkonet Gateway. | |
Telkonet iBridge™ – AB5 | The Telkonet iBridge is wired to the AC or DC supply at each point requiring a communications interface. The Telkonet iBridge recovers the power line carrier signal and converts it back into an Ethernet or serial connection for the devices or applications. It contains a test function to determine the power line carrier signal strength. |
The EthoStream Gateway Server (EGS) product line of gateway devices deliver wired or wireless high-speed Internet access and a hybrid solution, integrating quickly and easily with any combination of WAN connections, including T1, DSL, cable modem, fiber and wireless connections. Our comprehensive range of turnkey, standards-compliant gateways meet the requirements of all major hospitality franchises and support a variety of applications, such as VoIP, printing from rooms, surveillance, and point-of-sale terminals.
We provide a complete line of related components, including wireless access points and bridges, Power-over-Ethernet devices, Ethernet switches, DSL equipment and digital video recorder (DVR) equipment, helping you to integrate all of the necessary products into a comprehensive solution.
EthoStream’s support center is directly integrated into the EthoStream Gateway Server and the web-based Telkonet CENTRAL, giving our dedicated, in-house support team and property management real-time visibility into a property’s HSIA usage and data, as well as ISP status. EthoStream leads the hospitality industry in providing innovative, standards-compliant customer solutions and support. Our proactive, responsive, knowledgeable customer support ensures guest satisfaction and retention.
EGS Product Comparison
The EthoStream Gateway Server line of gateway devices provides a simple all-in-one solution for Internet access within a commercial public-access network, while creating a productive work environment and end-user satisfaction.
“This (EthoStream’s Remote Management Console) is an invaluable tool, enabling us to access and monitor all our properties and Internet users from a single location. It is exactly this sort of innovation that puts EthoStream on a different level to other vendors, and is behind our selection of its technology as our preferred option”.
Jeff Henschel, Assistant VP of Technology, Destination Hotels & Resorts
EthoStream Gateway Servers are providing HSIA to more than 2,400 properties, servicing more than 1.9 million users per month, including:
Chairman of the Board
Warren V. "Pete" Musser, 81, has served as Telkonet's chairman of the board since January 2003. Mr. Musser has taken more than 50 companies public during his distinguished and successful career as an entrepreneur. He is currently the managing director of The Musser Group and chairman emeritus of Safeguard Scientifics, Inc. Mr. Musser's distinguished affiliations also included: director of CompuCom Systems, Inc., director of Internet Capital Group, Inc., vice chairman and director of Nutri/System, Inc., vice chairman and director of the Eastern Technology Council, chairman and director of Economics PA, and vice president of development at Cradle of Liberty Council, Boy Scouts of America. Mr. Musser received a BS degree in Industrial Engineering from Lehigh University.
President & Chief Executive Officer
Jason Tienor, 33, is the president and chief executive officer of Telkonet. As the former president and CEO of EthoStream, Mr. Tienor co-founded and grew the HSIA vendor to become one of the largest high-speed Internet providers to the hospitality industry in the nation. Prior to EthoStream, in 2000, Mr. Tienor was co-founder of a Milwaukee-based IT consulting firm. Mr. Tienor received a BBA in MIS and Marketing from the University of Wisconsin – Oshkosh and an MBA with an emphasis on Computer Science from Marquette University.
Chief Financial Officer
Rick Leimbach, 39, is the chief financial officer for Telkonet. Mr. Leimbach joined Telkonet in January 2004, and was appointed as vice president of finance in 2006, and then CFO in December 2007. Prior to Telkonet, from 2001 to 2004, he was the financial controller at UltraBridge, an applications solution provider, headquartered in Maryland. Mr. Leimbach joined the company at the start-up stage, tasked with building up the financial organization. From 1998 to 2001, Mr. Leimbach was corporate accounting manager at Snyder Communications, Inc. – a global organization focusing on design, development and implementation of value-added outsourced marketing services. Rick was involved with consolidating the group's extensive operations and working with the SEC. Mr. Leimbach held various positions within public accounting firms, including the Reznick Group and Wolpoff and Company in Maryland from 1991 to 1998. He holds a degree in Accounting from Towson University, Maryland.
Chief Operating Officer
Jeff Sobieski, 32, is the chief operating officer for Telkonet. From December 2007 to June 2008, Mr. Sobieski served as Telkonet’s executive vice president, energy management. Mr. Sobieski joined Telkonet in March 2007, following the acquisition of EthoStream, where he was CIO. As the former CIO of EthoStream, Mr. Sobieski co-founded and grew the HSIA vendor to become one of the largest high-speed Internet providers to the hospitality industry in the nation. Prior to EthoStream, in 2000, Mr. Sobieski was cofounder of Interactive SolutionZ, a Milwaukee-based IT consulting firm, and from this gained experience in the telecommunications and insurance industries. From 1998 to 2000, he was involved in consulting and system development projects, including the project lead on developing a new software package for GE Medical, and software tools development for North Western Mutual Insurance. Mr. Sobieski received a BS degree in Computer Science from the University of Wisconsin-Oshkosh and his MBA from Marquette University.
Vice President of Global Sales
Jeremy Griesbach, 34, is the vice president of global sales for Telkonet, joining the company in October 2007. Prior to Telkonet, from 2001 to 2007, Mr. Griesbach was the director of business development for a Midwest regional accounting firm, Virchow Krause, focusing on building the tax services group that specialized in state and local use tax, tax credit and incentives. From 1999 to 2001, Mr. Griesbach was business development manager for Metavante, a financial services and software support company. He holds a BS degree in Marketing from Upper Iowa State University.
Vice President of Hospitality Operations
Matt Koch, 31, is vice president of operations for Telkonet. Mr. Koch joined Telkonet in March 2007, following the acquisition of EthoStream, where he was a systems engineer from 2004 to 2007. Prior to EthoStream, from 1998 to 2000 and from 2001 to 2004, Mr. Koch was a system administrator for Geneva OnLine, a regional Internet service provider specializing in wireless broadband Internet access, managing system administration and integration for web hosting, billing systems, and workflow automation. In 2000, Mr. Koch was a system and network administrator consultant in the Silicon Valley for various companies, including Sun Microsystems, Uptilt, and SalesCenter.com, a web-based sales team automation system. He received a BS degree in Business Administration in Management Computer Systems from University of Wisconsin Whitewater.
STOCK TRANSFER AGENT
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Tel: 610 649 7300
Fax: 610 649 7302
www.stocktrans.com
IMPORTANT/CURRENT NEWS
http://www.telkonet.com/newsroom/news_releases.php
RECENT FILINGS
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=4964217&doc=1&total=&back=2&....
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=4955247&doc=1&total=&back=2&....
http://biz.yahoo.com/e/070510/tko10-q.html
http://biz.yahoo.com/e/070221/tko8-k.html
http://biz.yahoo.com/bw/070205/20070205005951.html?.v=1
http://biz.yahoo.com/e/060809/tko10-q.html
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001019687-06-001845&Type=HTML
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001019687-06-001946&Type=HTML
http://biz.yahoo.com/e/060906/tko8-k.html
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001019687-06-002101&Type=HTML
http://www.sec.gov/Archives/edgar/data/1094084/000101968706002646/telkonet_10q-093006.htm
SHARES as of June 30,2007 per Q2
OUTSTANDING SHARES: 66,806,986 million
RESTRICTED SHARES: 56,932,926 million
FLOATS: 58,310,000 million
SHARES OWN BY INSTITUTIONAL:10.45%
HOLDERS AS OF 03/14/07////AS OF 9/1-07
Institutions 40 Holders 38 HOLDERS
Mutual Funds 21 Holders 19 HOLDERS
Other Major Holders 48 Holders
STOCKCHART
[chart]stockcharts.com/c-sc/sc?s=TKOI&p=D&yr=0&mn=6&dy=0&i=p03399193280&r=9301[/chart]
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