Went over this before. Bankruptcy isn't a possibility outside of some disaster scenario where gold drops to $100.00 or some other hypothetical possibility.
Just list me all the debts that NBRI has to pay for with money.
1) The Ruby Note is the only one I am aware of.
If they fail to pay the Ruby note it wouldn't result in bankruptcy.
But I am still thinking reverse split to mash current shareholders even further back in the Stone Ages while allowing St. Leopold to award himself gobs of post reverse split shares as a Xmas present.