Stocklemon Updates on Telkonet (Amex: TKO)
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Telkonet’s revenues fall short of analyst’s expectations by a staggering 95%
The last Stocklemon report on Telkonet focused on the tarnished “history” of those associated with promoting the company’s stock: http://www.stocklemon.com/articles/11_08_04.html
This update covers Telkonet’s recent 10-Q and how its appalling lack of revenue unmasks management’s many misrepresentations and overly inflated estimates.
Stocklemon Reports On Telkonet Inc.
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There is currently a lot of excitement in the internet business about distributing broadband via power lines. This technology enables electric utility companies to add broadband service to compete with DSL and cable in large areas of the country, some of which are not served by DSL or cable TV. These technologies are often referred to as “‘last-mile’” solutions”.