I like the "candid" comment from the former CEO,
{that he wasn't worried about his shares during bankruptcy} and as you said, you can't count on it, but it sounds encouraging nevertheless.
Since this is my first shares' ownership of a bankrupt company, I'm reading everything I find, and it's a real education seeing the workings. The concern about exit financing is valid, but hopefully it is not a major obstacle.
If you find anything about Debtor-In-Possession {DIP} financing please let us know. Thank you, and glad to see you're aboard.
Charles