Go to: System > Configuration > Design
Then make sure that under “Current Configuration Scope:” you have selected your Website Name or Store View (in other words anything but “Default Config")
Then, under Package > Current package name, enter the name of your theme (in your case “TelescopeTheme”; please make sure you spell it exactly the same as you named the theme folder incuding capitalization and spaces)
Then, under Themes > Default, enter the name of your skin (in your case “default")
That should solve it. Let me know if it doesn’t.