The only indication I have that management wants to stay away from bankruptcy was the data that showed 110M shares more in the float, than what the company had issued, and management seemed to have control of those shares. I don't think management would risk a forced Ch7, vs Ch11.
But I don't know, DTG. You have to consider that last 8-K (without seeing an 8-Jay, which is what I see). But I have much more to gain, than to lose.
In addition, a bankruptcy (Ch11) was in the playbook we used the first time, so it really is a possibility.