Yup. Sounds like he isn't missing out on too much. If anything, he might actually consider himself fortunate here that the company successfully conducted its r

Yup. Sounds like he isn't missing out on too much. If anything, he might actually consider himself fortunate here that the company successfully conducted its recapitalization and raised fresh equity. Maybe his otherwise-worthless shareholding will ultimately end up in the money, due to the other investors rescuing the company.