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Alias Born 09/20/2006

Re: None

Sunday, 10/01/2006 12:23:59 AM

Sunday, October 01, 2006 12:23:59 AM

Post# of 9101
Something I bet you didn't know.

We have no idea what the actual float is. I'll tell you why.
In 1999 Telkonet completed a reverse merger with Comstock Coal Co. That's why they are incorporated in Utah. After the merger, the company sent letters to all the shareholders of record at the time. Since the stock hadn't traded in 20 some odd years the records weren't exactly up to date. The letters that were sent had a non-deliverable return rate of about 50%. The shareholders had either moved and the forwarding address lost or they had died or any other of many explanations. The point being, the stockholders or their heirs of Comstock Coal Co. own many many shares of TKO but don't even know it. Something tells me in a few years this will be movie material.

What do you think?
Suriug

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