Par value plus accrued, unpaid dividends at 9/30/11 was $107.7 million or $33.80 per share. Telos total assets were $100.9 million. Liabilities totaled $204 million. The company has been ripe for a change in control transaction (exchange offer) for years. I know Costa Brava Partnership III L.P. and others have worked together to try to affect change.
EOSPN would be much easier to liquidate.
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