Bourque Industries Inc (BORK)

[KZMike]

As I looked through some of the 2022 Posts, I saw predictions of Bankruptcy to something of short of a 'miracle' BORK comeback. NEITHER happened as far as I am able to determine, if there is something I 'missed', anyone with some solid facts, please 'fill in' any missing details.

One or two thoughts did occur regarding a bankruptcy, whether or not they are accurate:
1] A bankruptcy could be a positive 'move' to protect some 'residual' value of some sort
2] Bankruptcy requires some monetary value to achieve

IF accurate there seems to be a circular problem in achieving bankruptcy. . . ?Bankruptcy in for BORK could/would 'protect' the Kryron 'formula/process'? ? Having no cash or funds Bankruptcy can not be achieved ?

If Bankruptcy is achieved, would the BAM shares become a zero sum 'item' OR are they independent on the BORK disposition in Bankruptcy? There seems to be MUCH LESS [aka zero] information/discussion regarding the BAM Shares issued.