Depends on the TYPE of bankruptcy that is filed - EXAMPLE : Chapter 7 would be TOTAL liquidation
HOWEVER a Chapter 11 would be for REORGANIZATION
GOOD GRIEF - One question - What are you getting PAID to make posts like these on VRX ???
They may also be looking for or in the process of getting a partner. JMHO
Sell off ??? Not at the moment, going UP is what I see.