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I would just like to remind everyone that there is no way possible TKO does $5M on its losses (ie. earnings) that is to be announced this week. I know that number has been floated numerous times, but there is no way they even come close to it. In fact, they won't even make $4M. Well under that I presume. Another disappointing quarter I guess.
AND when she got her promotion at SRA.....
http://64.233.167.104/search?q=cache:a43WlzARk9IJ:www.washingtontechnology.com/print/20_21/27230-1.h...
Another article that refers to Dorothy Cleal and White House.....
http://64.233.167.104/search?q=cache:sZMZmJbSuF4J:www.worldnetdaily.com/news/article.asp%3FARTICLE_I...
Cleal was a VP at SRA--here is the link to the company info site so you can see what she is familiar with.
http://www.sra.com/about/index.asp?id=26
http://www.sra.com/about/index.asp?id=637
pic of
Dorothy Cleal when she was at SRA and some words about her.
I thought it was supposed to be a woman...at least that is what we were told from the masters of disinformation, GLL and Walrus.
Oh yeah...and she said TKO would be at $2.00 after this news...I'm waiting
News
http://www.marketwatch.com/news/story/story.aspx?guid={D255B180-8870-4456-86BD-A8A39EF29FD5}&sit....
Telkonet Names Jason Tienor COO; Appoints New Executive Vice President
Last Update: 10:30 AM ET Aug 8, 2007
GERMANTOWN, Md., Aug 08, 2007 (BUSINESS WIRE) -- Telkonet, Inc. (TKO : telkonet inc com
News , chart , profile , more
Last: 1.32-0.03-2.41%
10:16am 08/08/2007
TKO1.32, -0.03, -2.4%) , the leader in providing in-building broadband access over existing electrical wiring, today announced that Jason Tienor, president and CEO of EthoStream, is being promoted to the new position of chief operating officer, responsible for Telkonet, EthoStream and Smart Systems International, reporting directly to Ron Pickett, Telkonet's president and CEO. In addition, Dorothy (Dottie) Cleal is being appointed as executive vice president, reporting directly to Mr. Tienor and operating out of Telkonet's headquarters in Germantown, Maryland. These appointments are effective August 20, 2007.
"We have now combined all operations as a result of the recent acquisitions and will be experiencing a net operational cost savings of approximately $1,000,000/year by year-end," said Ron Pickett, president and CEO of Telkonet. These organizational changes are also designed to facilitate the company's growth plans. Having worked closely with Jason for the past year, he has proven to be an exceptional business leader and a strategic planner, coupled with strong technical expertise. He has excelled by developing, from the ground up, one of the largest hospitality networks in the US with unparalleled, end-to-end customer support. With Jason's drive, expertise and dedication to quality, Jason is highly qualified to drive our sales and take the company to the next level."
Ron Pickett continued, "Ms. Cleal has a wealth of experience, having worked with the Secretary of Defense, the White House, and for the past seven years, with SRA International, a billion dollar leading provider of technology and strategic consulting services to clients in national security, civil government, health care and public health. Ms. Cleal will play a major role implementing the company's day-to-day operations."
Ms. Cleal brings more than 28 years of Navy experience to her new role; the past 7 with SRA International, where Ms. Cleal served as Vice President and Director, Navy and Marine Corps Business Program since 2005. She joined SRA as the Navy account manager and subsequently became the Navy and Marine Corps account manager before assuming responsibility for the business program. Prior to joining SRA, Ms. Cleal was the acting chief information officer and associate director for information systems and technology at the White House.
As a co-founder and CEO of EthoStream, 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. After receiving his undergraduate degree, Mr. Tienor worked for a major telecommunications firm prior to co-founding a Milwaukee-based IT consulting firm. While attending Marquette, Mr. Tienor and CIO Mr. Sobieski subsequently founded EthoStream, which has grown to become one of the largest HSIA providers to the hospitality industry in the nation.
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(TM) 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.
Telkonet SmartEnergy efficiently manages in-room energy usage with intelligent thermostats, packaged terminal air conditioner (PTAC) controllers and occupancy sensors. It significantly reduces energy consumption and improves energy efficiency by automatically adjusting the heating or air conditioning temperature when a room is vacant. The thermostat constantly calculates how far the temperature can vary to ensure it returns to the occupant's setting within minutes when they return to the room. The room temperature varies exactly far enough to achieve maximum savings, while ensuring the occupant's comfort. 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. President Michael Porter, 212-564-4700 mike@plrinvest.com www.plrinvest.com or Rubenstein Public Relations Mitchell Simmons, 212-843-8073 msimmons@rubensteinpr.com Copyright Business Wire 2007 ********************************************************************** As of Saturday, 08-04-2007 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
Good morning all...and Color, I had to remove your 'wish-desire', as it was kinda, well, almost...well you know why. I am surprised to see the TKO box in EBAY--I wonder where the guy got if from? As Isaiah says---it probably needs 'the rest of the system' in order for it to work properly. But a 'gadget' sort of person could open it up and figure out how it all works...my brother does that all the time! But he investigates the innards so that he can more easily figure out 'how',things are set up inside, so that he knows what to do if something goes wrong, and he is called to 'fix it'. The seller looks like he specializes in electronics and the like, himself.....but it was a surprise to see it! !
It does no good to have this part without the rest of the system. I know because we have Telkonet in our 75,000 sq ft building and it works great.
Sirius, here's what I think: Some people on this site and others emphasize the negative they have heard to try and get people scared. Saying things like Walrus sold his shares is just a scare tactic. Walrus has never sold any shares and has infused his own blend of humor to get back at some of these naysayers and keep them off of his back too. Sometimes we read too much into what some say and there are those on this board who honestly are investors and are sticking with the company. Unfortunately, sometimes we have to resort to protective tactics to keep some of the bashers at bay or feed them with false info. so they can go off blabbing some untruths that really only affect the "chicken littles" of the stock world. As I said before, and know that others believe (including Walrus), this is a long term investment, and if you want day trading, go to the pink sheets or other places like LAKING has done in his spare time and has made some good money. As for me, I can't invest in OTC/Pink sheet companies because my retirement fund doesn't allow it. So...I have to "invest" in companies I think will pay off downline, like when I retire in a few years. TKO is still one of them for me. I hope all long termers will make good bucks over the next few years. For those of you who can't wait, move on to something else!
Good day and good investing!
Holy Crap now there on EBAY.........
http://cgi.ebay.com/TELKONET-IBRIDGE-1B8200-SM-AI-ETHERNET_W0QQitemZ140144890128QQihZ004QQcategoryZ1....
The blood's been running in the streets for awhile now and no sign of drying up.
Welcome back. Great entry point.
Here is what I think, MLK, and others....a LOT of people who put money into TKO, are smart enuf to buy when it is low, and sell when it is high, and then wait for it to go down again, and buy some more, again, and then sell again when it goes up.
TRADERS do that all the time, short sellers and buyers spread trade their stock picks ALL the time..Hedge funds, banks, all the time. The little 'ol retail person who pays full price for their stock shares, and then waits, like our previous generation did, is merely being raped by the lying and corruption of this market as it is today. And when I meet someone who does nothing more than pump up..or destroy down, a stock, with a one-sided approach--and nothing more to back it up except for an agenda that excludes any facts--I tend to think of them as 'unreliable'...which is why I do my own homework, and try like heck to think for myself!
Thanks for the info. and extra digging. Why doesn't it surprise me that these kind of things are/have and will continue to happen. I had another stock that was absolutely crushed by a Merrill Lynch article posted on Sunday after posting a great week prior. The stock dove way south, so it makes me wonder, who profited from that? Somehow the price had skyrocketed before and then flopped after the ML article. Maybe we are talking about the same company, but nonetheless, I have seen this kind of scam up front and personal. The only way us long termers will win is to hope that the technology holds up, gets better and eventually gets a dominant position in the market. Who knows? Time will tell, but I hope our board will not lose sight of its' mission to be an information site, with good banter, and not just a shoot to kill Yahoo type of place.
Thanks again Sirius, may our price rise inspite of naysayers!
Did you ALSO take the time to READ what was posted?
Like this part?
""""& BOUGHT BACK A VERY BIG POSITION 3X WHAT I SOLD "WELL" BELOW $ 2.00 DOWN TO 1.40. """"
Last night when I was looking stuff up in my Scottrade research section, I noticed that Joe Noel had sold off the balance of his shares at the end of June. Now he is NOT a 10% or more holder, so his sale did not make it to Yahoo, or MSN, those sort of places, even tho it showed on my SC account.---which is why I started reading the stuff about insider sales....as you know, or maybe do not know, an officer or someone with an inside knowledge of a company, sells or buys shares, just prior to a public 'event', there is a possibility that they are using their knowledge to make money, or prevent loss, ahead of whatever announcement or event made public. It is why most people think Martha Stewart wnet to jail (when she actually went for the obstruction of justice). That he sold his shares at the very end of Q2 was suspect...as he would know what Q2 numbers would look like--rough draft.
Someone over on the yahoo board pointed out that Noel and Crabb selling thier shares when they did, was within a window of time, that they should not have been able to sell them....it is the 30 day window prior to the end of a quarter, I believe, when companies have a good idea what their earnings will be...and if they are not so good, it is often deemed that they are selling ahead of the earnings report so that they can take their stock money and run....before the earnings is released to the public, and possible sell-off by retail investors.
Joe fell under a rule that allowed him to sell, as he pre-planned the sale, ahead of time with the SEC. Crabb...his were not listed as pre-planned....
Joe sold off all he had left---which OFTEN suggests, but I am not stating this as fact....that the one selling out, is leaving the company. According to
SC, Crabb has less than 10,000 shares left. He had a lot more in January.
As you know, I like to be able to back up what it is that I put my name on.....I will have an opinion, and I read things, and hear things..but I like to research, think it thru, for reasonableness....and then I like to find something to either back it up, or refute the possiblilty. There are always 3 sides to a coin...
AND then there is ANOTHER stock that came up on my radar today--I have been watching it...and a pumper for the stock, today was 'outed'...mostly by his/her own efforts...as one who--on behalf of the company--pumps a stock with the collusion OF the company..until a certain moment in time, when the pumper does a complete 180...but that is AFTER, apparently, the pumper has sold his/her shares, and the short sellers are in place with their bets....and all make big bucks--the hedge funds, the company officers, the 'insiders who are friends of the company', and the pumpers, who have placed their 'bets' It is ANOTHER STOCK that I am referring to, right now.....So I posted what I found to read, simply to share, as educational.
He didn't sell off ALL his shares--he lost his temper! At the MOST, he said he had sold SOME shares---his wife thought he had too many....my memory is not THAT bad!
Sirius, what are you trying to tell us with your last 3 posts?
I would like to know: Where you found out that Walrus has sold off his shares? Unless it has validity, like he tells this board he is getting out, I am inclined to believe that this nothing more than additional rumor mongering and an attempt to try and knock the price of this stock down further. Until I hear it straight from Walrus, I will go with my gut which says this is nothing more, nothing less than a lie, fabrication, imagination out of control, whatever. I think it has gone to far this time. GLL let us know when she got out and I know Walrus would do the same, but I don't think he is going anywhere. If you don't own, don't submit. Move on to another stock. Ba-Bye!
http://www.sec.gov/news/speech/speecharchive/1998/spch221.htm
The speech referred to on the first page posted.
Rule 10b5-2 -- Duties of Trust or Confidence in Misappropriation Insider Trading Cases
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Preliminary Note to § 240.10b5-2: This section provides a non-exclusive definition of circumstances in which a person has a duty of trust or confidence for purposes of the "misappropriation" theory of insider trading under Section 10(b) of the Act and Rule 10b-5. The law of insider trading is otherwise defined by judicial opinions construing Rule 10b-5, and Rule 10b5-2 does not modify the scope of insider trading law in any other respect.
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Scope of Rule. This section shall apply to any violation of Section 10(b) of the Act and Rule 10b-5 thereunder that is based on the purchase or sale of securities on the basis of, or the communication of, material nonpublic information misappropriated in breach of a duty of trust or confidence.
Enumerated "duties of trust or confidence." For purposes of this section, a "duty of trust or confidence" exists in the following circumstances, among others:
Whenever a person agrees to maintain information in confidence;
Whenever the person communicating the material nonpublic information and the person to whom it is communicated have a history, pattern, or practice of sharing confidences, such that the recipient of the information knows or reasonably should know that the person communicating the material nonpublic information expects that the recipient will maintain its confidentiality; or
Whenever a person receives or obtains material nonpublic information from his or her spouse, parent, child, or sibling; provided, however, that the person receiving or obtaining the information may demonstrate that no duty of trust or confidence existed with respect to the information, by establishing that he or she neither knew nor reasonably should have known that the person who was the source of the information expected that the person would keep the information confidential, because of the parties' history, pattern, or practice of sharing and maintaining confidences, and because there was no agreement or understanding to maintain the confidentiality of the information.
Securities Lawyer's Deskbook
published by The University of Cincinnati College of Law
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General Rules and Regulations
promulgated
under the
Securities Exchange Act of 1934
Rule 10b5-1 -- Trading "on the Basis of" Material Nonpublic Information in Insider Trading Cases
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Preliminary Note to Rule 10b5-1: This provision defines when a purchase or sale constitutes trading "on the basis of" material nonpublic information in insider trading cases brought under Section 10(b) of the Act and Rule 10b-5 thereunder. The law of insider trading is otherwise defined by judicial opinions construing Rule 10b-5, and Rule 10b5-1 does not modify the scope of insider trading law in any other respect.
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General. The "manipulative and deceptive devices" prohibited by Section 10(b) of the Act and Rule 10b-5 thereunder include, among other things, the purchase or sale of a security of any issuer, on the basis of material nonpublic information about that security or issuer, in breach of a duty of trust or confidence that is owed directly, indirectly, or derivatively, to the issuer of that security or the shareholders of that issuer, or to any other person who is the source of the material nonpublic information.
Definition of "on the basis of." Subject to the affirmative defenses in paragraph (c) of this section, a purchase or sale of a security of an issuer is "on the basis of" material nonpublic information about that security or issuer if the person making the purchase or sale was aware of the material nonpublic information when the person made the purchase or sale.
Affirmative defenses.
Subject to paragraph (c)(1)(ii) of this section, a person's purchase or sale is not "on the basis of" material nonpublic information if the person making the purchase or sale demonstrates that:
Before becoming aware of the information, the person had:
Entered into a binding contract to purchase or sell the security,
Instructed another person to purchase or sell the security for the instructing person's account, or
Adopted a written plan for trading securities;
The contract, instruction, or plan described in paragraph (c)(1)(i)(A) of this Section:
Specified the amount of securities to be purchased or sold and the price at which and the date on which the securities were to be purchased or sold;
Included a written formula or algorithm, or computer program, for determining the amount of securities to be purchased or sold and the price at which and the date on which the securities were to be purchased or sold; or
Did not permit the person to exercise any subsequent influence over how, when, or whether to effect purchases or sales; provided, in addition, that any other person who, pursuant to the contract, instruction, or plan, did exercise such influence must not have been aware of the material nonpublic information when doing so; and
The purchase or sale that occurred was pursuant to the contract, instruction, or plan. A purchase or sale is not "pursuant to a contract, instruction, or plan" if, among other things, the person who entered into the contract, instruction, or plan altered or deviated from the contract, instruction, or plan to purchase or sell securities (whether by changing the amount, price, or timing of the purchase or sale), or entered into or altered a corresponding or hedging transaction or position with respect to those securities.
Paragraph (c)(1)(i) of this section is applicable only when the contract, instruction, or plan to purchase or sell securities was given or entered into in good faith and not as part of a plan or scheme to evade the prohibitions of this section.
This paragraph (c)(1)(iii) defines certain terms as used in paragraph (c) of this Section.
Amount. "Amount" means either a specified number of shares or other securities or a specified dollar value of securities.
Price. "Price" means the market price on a particular date or a limit price, or a particular dollar price.
Date. "Date" means, in the case of a market order, the specific day of the year on which the order is to be executed (or as soon thereafter as is practicable under ordinary principles of best execution). "Date" means, in the case of a limit order, a day of the year on which the limit order is in force.
A person other than a natural person also may demonstrate that a purchase or sale of securities is not "on the basis of" material nonpublic information if the person demonstrates that:
The individual making the investment decision on behalf of the person to purchase or sell the securities was not aware of the information; and
The person had implemented reasonable policies and procedures, taking into consideration the nature of the person's business, to ensure that individuals making investment decisions would not violate the laws prohibiting trading on the basis of material nonpublic information. These policies and procedures may include those that restrict any purchase, sale, and causing any purchase or sale of any security as to which the person has material nonpublic information, or those that prevent such individuals from becoming aware of such information.
just some DD which I choose to post here...as there is a question in my head about the Crabb sells.....
Insider Trading
"Insider trading" is a term that most investors have heard and usually associate with illegal conduct. But the term actually includes both legal and illegal conduct. The legal version is when corporate insiders—officers, directors, and employees—buy and sell stock in their own companies. When corporate insiders trade in their own securities, they must report their trades to the SEC. For more information about this type of insider trading and the reports insiders must file, please read "Forms 3, 4, 5" in our Fast Answers databank.
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. Insider trading violations may also include "tipping" such information, securities trading by the person "tipped," and securities trading by those who misappropriate such information.
Examples of insider trading cases that have been brought by the SEC are cases against:
Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments;
Friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information;
Employees of law, banking, brokerage and printing firms who were given such information to provide services to the corporation whose securities they traded;
Government employees who learned of such information because of their employment by the government; and
Other persons who misappropriated, and took advantage of, confidential information from their employers.
Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the SEC has treated the detection and prosecution of insider trading violations as one of its enforcement priorities.
The SEC adopted new Rules 10b5-1 and 10b5-2 to resolve two insider trading issues where the courts have disagreed. Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if a trader is "aware" of the material nonpublic information when making the purchase or sale. The rule also sets forth several affirmative defenses or exceptions to liability. The rule permits persons to trade in certain specified circumstances where it is clear that the information they are aware of is not a factor in the decision to trade, such as pursuant to a pre-existing plan, contract, or instruction that was made in good faith.
Rule 10b5-2 clarifies how the misappropriation theory applies to certain non-business relationships. This rule provides that a person receiving confidential information under circumstances specified in the rule would owe a duty of trust or confidence and thus could be liable under the misappropriation theory.
For more information about insider trading, please read Insider Trading—A U.S. Perspective, a speech by staff of the SEC.
http://www.sec.gov/answers/insider.htm
when the blood is running in the streets is the time to buy.
TKO gets a nice mention in a travel magazine.
I stole the link from the yahoo board....
http://www.arabia.com/article.cfm/id/166661
welcome back, A Sweep Pay.
Ghee thanks I think I'll buy more or get out on the earnings "or lack there of" coming soon.....moment of truth is around the corner.
Nope...jumped out on that day it spiked to over $1.40 last week...which is why I haven't posted since then. I just came back to check out who the faithful still are and because I saw Walrus claiming he sold TKO a long time ago. I just thought that was the funniest thing ever, because so many on here cling to his every word. I'll go back into hiding now. You are all definitely in for a bad ride if you hang around. Good luck
R u still holding MLK?
$1.23!!! I can't believe how bad this stock is behaving. Too bad for everyone involved.
Just checking in...how are things going everyone?
HEHEHEHEHE...not real good I see.
By the way, it appears Think Equity is right. TKO is heading to out of business ville on the express train. No way TKO even comes close to $5M on its second quarter losses report. They won't even make $4M. Now it appears the person you have all been relying on for information, Mr. Walrus, sold his position some time ago, only to apparently buy back recently. If you can believe him at all anymore. Then, you have MLK who has been telling you the truth all along that you decided to ignore. Aren't the choices people make wonderful.
Told you so.
I don't think stripes would go well with Ron's Hair so I don't think he's lieing
I don't understand this Mr Ron said next year they will easily make fifty million and the year after that they will make one hundred million now he wouldn't lie would he.Is he the next Dr Evil.
To all who haven't totally panicked yet, here is an article by Ben Stein that I thought was great. It explains how there are those who make money off of investor panic (MLK anyone?). Just thought I would share it with you. Good reading even if it may not fit TKO's premise right now.
HERE IT IS</B>
Here's a fact: The speculators and hedge fund managers who run today's stock market need market volatility in order to make money.
They can't make enough money if the market stays flat or moves only a bit, so they like extreme and unexpected price movements. They especially like sudden, surprise movements down, when they can make money off stocks they borrow and sell -- or, as they say, "sell short."
Money Lust Satisfied
That's what's been happening the past couple of weeks. But it's not interesting to say that the speculators are whipping the market around to satisfy their money lust. So the speculators themselves make up reasons for why the market is fluctuating, flog those reasons to the media, and then profit if some other speculators believe the jive reasons and jump in the way the manipulators want them to.
Supposedly, the market is "correcting" because of worries about the housing slowdown, and also because of fears that the debt markets that support mergers and acquisitions is drying up.
These are interesting theories, and people who don't know a lot about the stock market or the economy might find them beguiling. What follows are a few truths that show how shallow these "reasons" for the stock market moves are.
Housing a Theory
Yes, the housing market has slowed from a spectacular bubble level to a simply pretty good level. Housing sales and starts are now about what they were in 2002, and no one thought we were in a housing depression then.
In any event, housing is only about 5 percent of the economy. If it falls by 15 percent, that would represent a fall-off of about .75 percent. That's not trivial, but it's also not the stuff of which recessions are made.
The fact is that there is no recession. The economy is suffering from a labor shortage, not a surplus of unemployment. The Fed is worried about excess demand, not slack demand.
Corporate profits set new records every day. Whatever's happening in residential sales and building is simply not slowing down the economy. Why should a Boeing or a Merck or a Pfizer have any reaction to housing at all? Because the speculators sell everything they can when nervousness sets in -- and for no other reason.
A Minor Major Mess
Subprime is a mess. But it's a small mess. Subprime mortgages account for roughly 20 percent of mortgages even in the most heavily exposed states. About 20 percent of them are delinquent in some way. That's 4 percent of mortgages.
Of these, maybe half, or 2 percent, will go into foreclosure. There will be roughly 50 percent recovery on sale of these. This is a loss of 1 percent in the mortgage market -- a sum the lenders have already made many times over because of the hefty fees on those deals. In the context of the size of the U.S. financial sector, it's nothing.
And why should a crisis in subprime drive down stocks in Mexico and Thailand? Again, because the speculators seek to create panic to make money by selling short, and they sell short everything.
There's simply no connection between subprime and developed or developing nations' stocks. This by itself shows the thin context of the selling wave late last month.
Money's Still Cheap
What about the supposed drying up of loans for mergers and acquisitions by private equity firms? Well, here's a good, simple test of just how valid that explanation is for stock market moves: The majority of private equity takeovers are financed with junk debt.
If there really were a major shortage of funds for these deals, the interest rate on the junk would skyrocket. Instead, while the rate has risen by about 150 basis points in the past month, the spread between junk and investment grade is now about 290 basis points, according to leading junk analyst Martin Fridson.
This is a lot lower than the year-end average of the spread from 2002 to 2006, and far below the almost 800 basis point spread during a true interest-rate crunch like the one after the tech meltdown in 2000-2002.
So that's phony, too. Interest rates have risen, but not anything like what they've done in real crises. And besides, the Dow fell by about 550 points the week before last, yet not one of the Dow stocks is involved as either acquiror or acquiree in a private equity deal.
In short, money is no longer virtually free the way it was for private equity deals in the past year. But it's not expensive by historical standards, either.
Spreading the Fear
In other words, it's all the speculators trying to panic us so their sell programs will make money. And they'll make money as long as they can spread their panic. When they can't do that any longer, they'll work the long side -- and make up reasons for that, too.
In the meantime, the economy is strong. Profits are great, and interest rates are low and will stay that way. Don't sell. With all the shrieking about the market, it only fell to what it was about five weeks ago -- and we didn't think we were poor then.
So let the speculators shout "fire." As of right now, they're not blowing anything but smoke.
Another 52 week low ...I love this stock!!!!!!!!
Nope I'm still holding for some ungodly reason,maybe I just love a very painful and slow death.
http://www.fulldisclosure.com/company.asp?client=cb&ticker=tko
Now this one says earnings has been moved to the next week (aug 10-20)...I just looked at the Edgar calendar..and unless I am nuts! I read the final date for Q2 earnings that applied to TKO
, WAS 9 Aug....hmmm....have to go look once more.
OK...NON-Accelerated filers, have until 14 Aug to report earnings. ACCELERATED filers have until 9 Aug to report.
Someone clarify for me please, which one TKO is in...last I knew they were accelerated.
Last week the earnings.com, as you may remember gave Aug 6 to aug 16 for earnins...narrowed down a bit, this week, yes?
hahaha! rumor somewhere that there is going to be news STILL this week...but it could be the earnings that SC says will be on the 9th. GHEEZ...did you take a look in yur SC acct under research? MSN, SC. Yahoo, Google--all show pitiful projections..must be the one analyst hasn't talked with TKO since they got all those new 'deals'...I can't find the $25 mil in any of those finance websites....sure am hoping for a POSITVE surprise! Am 'taaard' of having one disappointment after another.
Does that means there will not be a $10 takeover offer or was it $40 that Ron Pickett was holding out for? -Tony
Scottrade says earnings out on the 9th.....
Telkonet Inc TKO:AMEX
Sector: Technology Industry: Communications Equipment
1.29 -0.05 -3.73% 198,000 (No Ranking) Last Trade as of 4:00 PM ET 8/6/07 TradeAdd to Watchlist
Last Change / % Change Volume S&P Ranking
Summary News Charts Options Fundamentals Insiders Earnings Financials SEC Filings Set Alerts
Q1 2007
TKO reported 1st quarter 2007 earnings of -.09 per share on 5/10/07.Estimates
High: $-0.08
Low: $-0.08
Consensus: $-0.08
Q2 2007
The consensus of the 1 analysts covering TKO for 2nd quarter 2007 is a per share value of $-.11.Estimates
Mean: $-0.11
High: $-0.11
Low: $-0.11
Q3 2007
The consensus of the 1 analysts covering TKO for 3rd quarter 2007 is a per share value of $-.10.Estimates
Mean: $-0.10
High: $-0.10
Low: $-0.10
Actuals Estimates Surprises 1:53 AM ET 8/4/2007Roll over quarters for more informationOn 5/10/2007, TKO reported 1st quarter 2007 losses of $0.09 per share. The next earnings announcement is scheduled for 8/9/2007.
Market Comparison P/E
(TTM) P/E (Forward
12 Months) PEG 1 Year EPS
Growth Rate 5 Year EPS
Growth Rate
TKO -- -3.3x -- -53.09% -- TKO underperformed the Sector by 75% and the Communications Equipment industry by 69%
Communications Equipment 31.1x 13.9x 2.3x +2.54% +39.77%
Technology 28.4x 15.4x 2.4x +28.25% +33.78%
S&P 500 19.7x 16.3x 2.1x +23.89% +22.94%
Q1 2007
TKO reported 1st quarter 2007 earnings of -.09 per share on 5/10/07.Estimates
High: $-0.08
Low: $-0.08
Consensus: $-0.08
Looks like Joe Noel sold all his shares e/o/Jun--b/o/July..and Crabb has sold almost all of his too--down to what he bought e/o/lst yr until he exercised his options:
Insider Transaction History
Transaction Date Name/Position Transaction Type Current Average
6 Month Return Market Value Shares Price Range Total Holdings
June 29, 2007 Noel, Joseph
Other Planned Sale -- $24.0K 12,000.00 -- - -- --
June 15, 2007 Crabb, Robert Paul
Officers Exercise of Stock Options -- $25.0K 25,000.00 $1.00 - 1.00 33,500.00
June 12, 2007 Crabb, Robert Paul
Officers Sale -- $48.5K 24,000.00 $2.02 - 2.02 8,500.00
June 8, 2007 Crabb, Robert Paul
Officers Exercise of Stock Options -- $36.0K 36,000.00 $1.00 - 1.00 32,500.00
June 8, 2007 Crabb, Robert Paul
Officers Sale -- $24.1K 12,000.00 $2.01 - 2.01 32,500.00
March 12, 2007 Sadle, Stephen L
Directors Stock Gift -- $0.0 10,000.00 $0.00 - 0.00 3,354,510.00
January 26, 2007 Sadle, Stephen L
Directors Stock Gift -- $0.0 30,000.00 $0.00 - 0.00 3,364,510.00
December 27, 2006 Pickett, Ronald W
Officers Stock Gift -- $347.5K 125,000.00 $2.78 - 2.78 2,574,700.00
December 26, 2006 Hall, Thomas Marrell
Directors Stock Gift -- $50.0K 20,000.00 $2.50 - 2.50 567,790.00
December 4, 2006 Kunkle, Richard L
Other Planned Sale -- $20.3K 7,500.00 -- - -- --
November 16, 2006 Crabb, Robert Paul
Officers Purchase -- $23.3K 8,500.00 $2.74 - 2.74 8,500.00
I have TOTALLY stolen this post of Phillys' from another board...but it is worthwhile to know this, IMO....NOTE: I am NOT saying this is relevant to TKO...it is something that all investors should be applauding, in general....
Federal Jury Finds Michael Pietrzak and Maurice Furlong Liable for Securities Fraud and Other Charges
FOR IMMEDIATE RELEASE 2007-158
http://www.sec.gov/news/press/2007/2007-158.htm
Washington, D.C., Aug. 3, 2007 - The Securities and Exchange Commission announced today that a federal jury found Michael J. Pietrzak and Maurice W. Furlong liable for securities fraud and other charges in their operation of Hexagon Consolidated Companies of America, Inc. (HCCA), a development stage mining company headquartered in Reno, Nev. Pietrzak was HCCA's general counsel, CFO, and executive secretary, as well as a director. Furlong was HCCA's chairman, president and CEO.
Katherine Addleman, Regional Director of the SEC's Atlanta Regional Office, said, "We are very pleased with the jury's verdict."
The complaint alleged that Pietrzak and Furlong engaged in protracted efforts to fraudulently increase the stock price and value of the company by, among other means, filing false and misleading registration statements and periodic and current reports, and by issuing false press releases and a letter to shareholders. During the same time, Pietrzak and Furlong sold a total of more than 197 million shares of HCCA stock and fraudulently received proceeds of $1.3 million and $3.4 million, respectively. The complaint also alleged that from 1996 through 2001 HCCA, through the efforts of Pietrzak and Furlong, reported to the public that is was an entity with substantial assets when, in fact, it was virtually worthless.
A hearing has been scheduled for Sept. 24, 2007, to determine the appropriate relief against Pietrzak and Furlong, which, as requested by the SEC, may include permanent injunctions, disgorgement of the stock proceeds with interest, civil penalties, officer and director bars and penny stock bars.
See LR-18016, March 6, 2003.
Incredible! How much should TKO's share price have dropped as a result of the recent spin-off ?
Either people are bailing or the manipulators are trying to get people to bail....
Tony
TKO needs a life support..They need to announce the COO else we might see under a buck soon..
Hmmmm,
one of those 'I can hear a pin drop' days!! Fear is running to a high degree in Telkonet land today..
Wish I had a functioning crystal ball, to see who is doing the selling?? Is Piz, Major, Color, Walrus, Pickett, Mlk selling?? GLL already has sold out..
Hmmmmm, is a quandary to be sure.. Paper or plastic if a bagholder becomes evident.. Rumor has it the swamp is draining, though..
The 10Q should be out by Thu or Fri.. How will it read??
Hmmmmmmmmmmmm...
News
Press Release Source: Telkonet, Inc.
Telkonet SmartEnergy Selected by Prestigious Babson College to Reduce Energy Consumption
Monday August 6, 8:30 am ET
Installed in McCullough Hall dormitory to eliminate wasteful heating and cooling of rooms
GERMANTOWN, Md.--(BUSINESS WIRE)--Telkonet, Inc. (AMEX:TKO - News), the leader in providing in-building broadband access over existing electrical wiring, today announced that Babson College, located in Wellesley, Mass., has selected Telkonet SmartEnergy to manage the in-room energy consumption in the 120 room dormitory, McCullough Hall. Telkonet SmartEnergy, which incorporates the proven technology developed by Smart Systems International (SSI), eliminates wasted energy from heating and cooling unoccupied rooms. The system uses packaged terminal air conditioner (PTAC) controllers and occupancy sensors to adjust and maintain a room's temperature, sensing when the room is vacant or occupied.
ADVERTISEMENT
Shelley Kaplan, associate vice president of facilities for Babson College, commented, "McCullough Hall was the perfect candidate for an energy management system, with its expensive, energy-intensive electric heating. We needed to take control of our energy costs, as we were paying to heat and cool students' rooms when they were in class and away during summer and Christmas breaks. Manually changing the temperature in each room was labor-intensive and inconsistent. After researching various energy management companies, we found the SSI technology to be the most cost-effective and reliable. Based on a trial, installation costs were lower by using wireless occupancy sensors, eliminating costly wiring. Recovery time was quick, with rooms returning back to the student's temperature setting within minutes upon their return. Most importantly, with the trial resulting in energy consumption savings of 30%, we can anticipate a payback within 2 years or less. Based on funding availability, we will look at installing the energy management system in our conference center/hotel next."
About Babson College
Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit www.babson.edu.
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(TM) 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.
Telkonet SmartEnergy efficiently manages in-room energy usage with intelligent thermostats, packaged terminal air conditioner (PTAC) controllers and occupancy sensors. It significantly reduces energy consumption and improves energy efficiency by automatically adjusting the heating or air conditioning temperature when a room is vacant. The thermostat constantly calculates how far the temperature can vary to ensure it returns to the occupant's setting within minutes when they return to the room. The room temperature varies exactly far enough to achieve maximum savings, while ensuring the occupant's comfort. 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).
Contact:
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
--------------------------------------------------------------------------------
Source: Telkonet, Inc.
something fun about stocks.......
http://freedomfunds.net/edu/pinkdict.html
Earnings report, according to the calender on the old 'street events' site (for the life of me, I cannot remember what they renamed it, and don;t feel the urge to look it up right now)--anyway, August 6 is tomorrow. Now, the date span was 6Aug-16Aug---so I am NOT saying that there will be an eanings release tomorrow---nor am I saying there will NOT be....it will be BETWEEN tomorrow, and the 16th of August....so stay alert!
Volume has been crappy of late, and of course there are many who are crouched in the 'wait' mode....until the earnings report comes out...and any other 'news' that may come with it, before they pull the trigger to buy, or sell. This may well be yet ANOTHER volatile week on the stock market in general, and TKO specifically. So drink some tea, get your aromatherapy candles out, (check the wicks and put some matches near by), and for those that need to drink something when stressed---water is good for you, and actually makes you feel full so that you don;t go running around for those crunchy, salty, fat-laden things that airlines give to people to reduce stress when flying. Soothing music in the background DOES help, too. Start your day tomorrow with a good workout to reduce more stress.....maybe keep some exercise tool next to your desk for emergencies, so you can use it in a flash moment, if need be.
My point is this: we may not like what we hear, or we may like it very much....hopefully, we won;t feel the need to attack each other if things don;t go our way.....
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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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