When I was diving without BCD (in the seventies) we did not use so much weight. We were buoyant at the beginning and there was a special manouvre ("capovolta in squadra" in Italian, I cannot translate it properly) for being able to go underwater.The no bc broke the camels back John C. Ratliff, and even the dumb snorkel that he thankfully didn't use
See there it is a guy starting to drown in still flat water, doesn't dump weights, no need to wonder what happens to divers in a moving ocean
I used to dive no bc before the bc didn't like it, still don't like it can do it to show off but it's too much work, dangerous.
Thank you.
Apart being without BCD, and in bad shape, your friend was also evidently over-weighted. So staying afloat was requiring a lot of effort, and the CO2 build up was worsening...