Telkonet, Inc.
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
January
24, 2006
(Date
of
earliest event reported)
TELKONET,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
Utah
(State
or
Other Jurisdiction of Incorporation)
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000-27305
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87-0627421
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(Commission
File No.)
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(I.R.S.
Employer Identification No.)
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20374
Seneca Meadows Parkway, Germantown, Maryland 20876
(Address
of Principal Executive Offices)
(240)-912-1800
(Registrant's
Telephone Number)
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[X]
Written communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425).
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12).
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b)).
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)).
ITEM
8.01. OTHER
EVENTS
Telkonet,
Inc. (Amex: TKO),announced that it has selected Hospitality Leasing Corporation,
HLC, the only full service leasing company entirely focused on and dedicated
to
the hospitality industry, as its Hospitality leasing partner. Telkonet and
HLC
have completed their first non-recourse lease purchase transaction valued at
approximately $1,200,000, excluding the customer support component of
approximately $500,000 which Telkonet will retain and continue to receive
monthly customer support payments over the remaining average unexpired lease
term of 26 months.
ITEM
9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a)
No
financial statements are required to be filed as part of this report.
(b)
No
pro forma financial information is required to be filed as part of this
report.
(c)
The
following exhibit is filed as part of this report:
99.1
- Press
Release dated November 3, 2005.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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TELKONET,
INC. |
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| Date: January
24, 2006 |
By: |
/s/ Ronald
W.
Pickett |
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Ronald
W. Pickett
Chief Executive
Officer
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