SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

         Pursuant to Section 13 or 15(d) of the Securities Exchange Act

                                January 31, 2003
                                 Date of Report
                        (Date of Earliest Event Reported)

                                 TELKONET, INC.
                 (formerly known as Comstock Coal Company, Inc.)
             (Exact Name of Registrant as Specified in its Charter)

                               902-A Commerce Road
                            Annapolis, Maryland 21401
                    (Address of principal executive offices)

                                  410/897-5900
                          Registrant's telephone number

        Utah                                             87-0627421
(State of Incorporation)                    (IRS Employer Identification No.)

ITEM 6.     RESIGNATIONS OF DIRECTORS AND EXECUTIVE OFFICERS

The following press release was issued to announce the resignations and
appointments of certain Directors and officers of the company.

                                 Telkonet Names
                             WARREN V. "Pete" MUSSER
                              Chairman of the Board


For Immediate Release:
Contact: Telkonet, Inc.                              Hayden Communications, Inc.
Stephen Sadle, Chief Operating Officer               Matthew Hayden
410-897-5900                                         843-272-4653
ssadle@telkonet.com                                  matt@haydenir.com

Annapolis, MD-January 30, 2003 - Telkonet, Inc. (OTCBB: TLKO) The leader in
Commercial Powerline Communications, today announced that the Board of Directors
unanimously elected Warren V. "Pete" Musser as Chairman of Board. Mr. Musser is
the Managing Director of The Musser Group and Chairman Emeritus of Safeguard
Scientifics, Inc.-(NYSE:SFE) Mr. Musser's distinguished affiliations also
include:

Director - CompuCom Systems, Inc.- (NASDAQ:CMPC)
Director - Internet Capital Group, Inc.- (NASDAQ:ICGE)
Vice Chairman & Director - Nutri/System, Inc.- (OTCBB: THIN)
Vice Chairman & Director - Eastern Technology Council
Chairman & Director - Economics PA
VP/Development Cradle of Liberty Council, Boy Scouts of America

Mr. Pickett stated, " We are thrilled with the opportunity to have Pete Musser
become our pro-active Chairman of the Board. Pete's vast understanding and long
term relationships in the technology community should only enhance our ability
to penetrate the market opportunities available to us".

Mr. Musser stated, "Today the market is hungry for products that work! I am very
confident that Telkonet is poised to dominate the commercial Powerline
Communications Market. There is strong demand right now for high-speed Internet
access in the Hospitality and Multi- Dwelling markets and the Telkonet solution
is fast and easy to install at a price that is very compelling."

Telkonet's PlugFast Terminal can be used as a stand-alone solution within a
residence, or it may be used in conjunction with a PlugFast Gateway as a part of
Telkonet's solution for the commercial market. The core focus is High-Speed
Internet distribution over the electrical power lines for the commercial and
multi-dwelling residential markets. The Company has designed a suite of products
to address the needs of office buildings, hotels, schools, shopping malls, and
commercial buildings.

Telkonet's products provide connectivity over the existing electrical wiring and
do not require the costly installation of additional wiring, or major disruption
of business activity. In many situations the Telkonet system can be implemented
more quickly and less expensively than adding dedicated wiring or installing a
wireless system.

The Telkonet PlugFast family of Internet access products offers a viable and
cost effective alternative to the challenges of hardwiring and wireless LANs.
This solution set is comprised of two products, the PlugFast Gateway and the
PlugFast Terminal. The Telkonet PlugFast Gateway and Terminal are aimed at
applications such as apartments, hotels and motels, and the SME market.

Statements included in this release may constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as competitive
factors, technological development, market demand and the Company's ability to
obtain new contracts and accurately estimate net revenues due to variability in
size, scope and duration of projects, and internal issues in the sponsoring
client. Further information on potential factors that could affect the Company's
financial results, can be found in the Company's Registration Statement and in
its Reports on Forms 8-K filed with the Securities and Exchange Commission
(SEC).

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