Tuesday, September 08, 2015 6:51:58 PM
The reverse split is irrelevant regarding the price...they split 1:10 and you will own 1/10 the shares, but each share will be worth 10X more so it's a wash. The real issue is that some negative Nancys claim a reverse split will make TKOI look desperate, trying to artifically prop up the share price, which in turn could result in a sell off. That's hogwash in this case. Telkonet has made it crystal clear that they will only do a split if it is backed up with proof of solid financial performance, meaning they want at least one - if not two - more quarters showing consistent, improving profitability. A split will also likely be timed with other good news, such as a huge contract or another new partnership. What a reverse split will do is allow us to be uplisted to another exchanges, eg Nasdaq, where we can attract serious, institutional investors, which is where our share price can really finally appreciate. Right now our investor market is severely limited because very few institutional investors are going to dabble in risky penny stocks and instead we get retail investors and penny traders. This company is the real deal and represents the holy grail of investing....finding a severely undervalued, under-the-radar company with great leadership that has lots of room to grow. If you have any doubts, go to the Investor Relations page on the Telkonet website and listen to the last couple earnings calls (or read the transcripts on seekingalpha). And read the posts on this and the Yahoo message board. This company is primed for a breakout. I also believe strongly that we will eventually be bought at a premium by someone in the green tech industry, particularly Johnson Controls, although other possible buyers include Ingersoll Rand, Honeywell, Google, United Technology, or even Apple. Why we haven't been bought yet is a mystery to me. Buy those 4500 shares - or more if you can afford it - and hold on to them. You can't own enough. I'm just shy of 1.7M shares myself.
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