The Associated Press reports:
Alex Jones’ media company has proposed a plan in its bankruptcy case to pay the conspiracy theorist $520,000 a year while leaving $7 million to $10 million annually to pay off creditors, including relatives of Sandy Hook shooting victims.
Free Speech Systems, owned solely by Jones, filed a proposed reorganization plan Tuesday in its Chapter 11 bankruptcy case in Houston that predicts it will have $7 million to $10 million annually after expenses to pay creditors from 2023 to 2027.
The new filing shows the company expects to sell more than $30 million a year in dietary supplements, which Jones hawks on his show and are the company’s main source of income.
Read the full article.
Jones owes the Sandy Hook families $1.5 billion.
Alex Jones’ media company has proposed a plan in its bankruptcy case to pay the conspiracy theorist $520,000 a year while leaving $7 million to $10 million annually to pay off creditors, including relatives of Sandy Hook shooting victims. https://t.co/45jiSkS0GS
— The Associated Press (@AP) March 9, 2023