Replies to post #5295 on Telkonet Inc (fka TKO)

[siriusadult]

I say this only because you ask----please do not 'assume' that i am more of a troublemaker than I really am....but...pay attention!

Attorneys love to file class action suits--they get 30% plus expenses...they get, sometimes, a lot more money than the shareholders do...... Last week, Computer Associates shareholders, were reported on in the NYT, for winning their suit against the company for mismanagement....Go to a website called 'the insanity check''....read....lots of good info on how companies, hedgies, PP people screw shareholders....

There ARE pieces of 'evidence' that are valid and useable against TKO and Pickett....I have saved almost--but not all---of the PR's that TKO has put out in the last 3 plus years....and they are easily found by googling for them---for someone who wants to get serious about gathering info.

Also, when filing a lawsuit against a company, it is important to choose an attny who is on your side...not the side of filing a class action just for the money...they take years to complete...and it is too easy to just push a paper now and then, rather than focus on the issue....you need to keep it in a court on the STATE level..enalbing the use of 'discovery' or evidence....if it goes to a Fed. level court, the rules are not as much in favor of the shareholder...

And one other thing....should you or anyone file against TKO...it would be best to file using RICO, Fraud, something that is a 'tested' criminal activity...as opposed to the 'white collar stuff' that is 'doing business as usual'...the decks are stacked!

First, however, before filing a suit---I would test the water with Pickett, or the BOD, by getting the shareholders together as a group, to ask specific questions. Set up a CC, with shareholders and TKO....Give TKO the chance to refuse to respond...that will give the shareholders more ammunition.

If TKo acts as though they are avoiding the shareholders....not answering questions, IR not returning phone calls, BOD ignoring complaints or requests ....you get the point....well then...the shareholder group will have a stronger case as a result...just give them the opportunity to deny you, first.