Many companies that declare bankruptcy or near bankruptcy can somehow bounce back inexplicably. My first experience with this was Rolls Royce in 1971. The stock went down to pennies and those who bought then made a fortune.
What was really weird was the support Marshall got from shareholder base for so long.
How is the "Florida Group" doing about now. Funding AS through Ed Marshall after he nearly destroyed company in blood purification days. His track record of mismanagement and filing lawsuits was in full display back then.
One can only imagine how this would have turned out if only there was a semi-competent CEO in charge.