Future of Alex Jones' Infowars in hands of bidders at bankruptcy auction - The conspiracy theorist who spread lies about the Sandy Hook school massacre has warned he will continue to broadcast via an alternative channel if Infowars is shut down.

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Infowars host Alex Jones during a protest in Washington in 2020.
Zach Gibson / Getty Images file


Bidders interested in acquiring the media company founded by conspiracy theorist Alex Jones will battle it out at a bankruptcy auction Wednesday, potentially silencing his Infowars broadcasting platform for good.

But identities of potential buyers are undisclosed as they had to agree to nondisclosure agreements in order to receive bid materials. Jones says his fate and the future of his company, Free Speech Systems, depends on who is successful: the entities who either support him or the families of the Sandy Hook Elementary School shooting victims.

On his show Monday, amid pleas for listeners to buy subscriptions and the nutritional supplements he sells, Jones painted a picture of his potential buyers, describing one group of anonymous bidders as friendly backers who would allow his show to operate as normal. Others, he said, were "bad guys" who would shut Infowars down.

While he said he would continue to broadcast via an alternative channel if ordered to shutter by a new buyer, Jones noted he would be hampered by the loss of his brand, website and equipment, among other necessities.

"All you leftists celebrating the end of Alex Jones and Infowars, you're fools," he said. "Just watch."

A number of potential buyers have been floated in recent weeks, from some who have spoken publicly about their interest, including Roger Stone, a longtime ally of President-elect Donald Trump, to others who have been propped up on social media to consider the opportunity, such as tech billionaire Elon Musk and the owners of the satirical news site The Onion. Stone, Musk and The Onion did not immediately respond to requests for comment.

The auction firms running the sale said that there are "no restrictions on the use of any acquired property in the bankruptcy order," and that the winner has the discretion whether or not to continue Infowars' operations.

Ultimately, the federal court-appointed trustee, Christopher Murray, will distribute the funds generated from the sale, which is meant to satisfy the estate creditors, comprised largely of the Sandy Hook victims' families to whom Jones must pay damages in defamation verdicts.

Up for grabs are Infowars production rights and materials, the Infowars store, domain names, production equipment and other assets — including a Terradyne armored truck and a Winnebago motorhome — that can be purchased in their entirety or in parts, according to the firm, ThreeSixty Asset Advisors. Jones broadcasts from the Austin, Texas, area. Anything not sold would be part of a second auction next month.

The firm told The Associated Press there was a large number of inquiries among potential bidders.

Jay Westbrook, a University of Texas bankruptcy law professor, said the ultimate goal would be to earn a "maximum return for the victims."

The auction process itself is typically quick, he added, "but if an interested party objects to the procedure, there could be a court hearing that delays a final result. Given the politics, I would not be surprised to see an objection."

Callie Kalny, co-director of the Center of Media Psychology & Social Influence at Northwestern University, said that regardless of who wins, Jones has made it clear he will remain broadcasting in some form, including on X, which is owned by Musk.

"Of course, having a supporter win the auction may make operations a bit easier for him moving forward, but as long as there are people who want to hear his message, he will likely continue to share it," she said. "In other words, you can remove Alex Jones from Infowars, but you can't separate him from that ethos — those core principles and approach to understanding the world aren’t likely to vanish simply because the platform or brand changes."


The auction is part of Murray's "orderly wind-down process" under the U.S. Bankruptcy Court for the Southern District of Texas, which has overseen the latest phase of the case against Jones, stemming from the 2012 Sandy Hook Elementary School massacre in Newtown, Connecticut.

Victims' families filed lawsuits in Connecticut and Texas accusing Jones of defaming them on his show and inflicting emotional distress by repeatedly suggesting that the shooting, in which a gunman killed 20 first-grade children and six adults, was a hoax.

Juries awarded the families almost $1.5 billion but they have been unable to collect anything from Jones, who said he couldn't afford that massive a sum. He filed for bankruptcy in late 2022, and a judge in June allowed him to liquidate his personal assets to help pay off the verdicts.

Jones, 50, founded Infowars, which operates under Free Speech Systems, in 1999. How much the auction might net remains unclear, but the company itself holds about $6 million in cash and $1.2 million in inventory, according to previous court filings.

The families in the Texas and Connecticut lawsuits have sparred in court over the liquidation process, with concerns over how the money will be distributed. Still, they have said, Jones' loss of his company brings some accountability for his past words.

At his trial in Texas in 2022, Jones generally blamed "corporate media" for twisting his words and inaccurately portraying him but didn’t specify how.

While Jones testified that he believes Sandy Hook was "100% real," he has used the ongoing litigation to galvanize his listeners as he faces the loss of Infowars.

"We need more funds to ensure we're full power when we continue our assault," Jones said on his show Tuesday, while also saying he has another studio from which to broadcast should Infowars go to a "hostile buyer."

Roy Gutterman, a communications professor at Syracuse University and the director of its Tully Center for Free Speech, said Jones appears unlikely to back down after his decades of incendiary rhetoric.

"Despite the judgment, Alex Jones still has a First Amendment right to speak his mind and continue to speak about anything he wants," he said. "New statements could create new potential liability, but this appears to be a risk he is willing to take."

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you should never get a billion dollar judgment against you for defamation
Not to mention "it didn't happen" isn't even defamation. That's his opinion, no matter how accurate it is or isn't or how many people don't like it. And opinions are covered by the First Amendment.

That they're literally trying to take everything he owns over a Constitutionally-protected opinion, does nothing but lend credence to said opinion. If he was so obviously wrong, why go to such extreme and unconstitutional lengths to silence him?

If you'll forgive the pop culture reference:
"When you tear out a man's tongue, you're not proving him a liar. You're only telling the world that you fear what he might say."
-
Tyrion Lannister
 
Won't alex jones just start a new company under his own name or something else? The only reason people watched info wars was for Alex jones and what ever retarded shit he spouted.
 
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Apparently the Onion probably didn’t have the highest bid, but the court let the political group that won the lawsuit against Jones give up a portion of the billions trillions they won to basically hand it over to the Onion.
 
What a dirty setup, they didn't even try to hide it. They didn't have to choose the highest bid apparently, they probably took one of the smaller bids to put the smallest dent in what Alex owes the Sandy Hook cry-bullies.
Well, you know what needs to happen now.
Alex Jones for Press Secretary.
 
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Alex is already broadcasting from a new entity https://alexjones.network
alexjonesdotnetworkbroadcast.PNG


and he is live again viva frei is on right now. I wonder how fledged out his other studio is or if he's just broadcasting from his house.


now alex says the judge isn't going to let this fly

Guess we'll see what happens
 
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Not to mention "it didn't happen" isn't even defamation. That's his opinion, no matter how accurate it is or isn't or how many people don't like it. And opinions are covered by the First Amendment.

That they're literally trying to take everything he owns over a Constitutionally-protected opinion, does nothing but lend credence to said opinion. If he was so obviously wrong, why go to such extreme and unconstitutional lengths to silence him?

If you'll forgive the pop culture reference:
They didn't nail Jones for defamation. They nailed him for false advertising using a Massachusetts consumer protection law that was twisted into a pretzel.
 
Apparently there was an hour long hearing today. I haven't listened to it yet, just found it. There was an mp3 attached to the bankruptcy court docket entry. I hope you appreciate my sacrifice in installing Adobe Acrobat even to be able to see this and extract it, so you don't have to do that yourself.

I bet there's some juicy shit in there.

The funniest thing Ben Collins and his zombie version of The Onion might have done is committing felony bankruptcy fraud to "own the chuds."

I don't know that's true, but hey, listen to this shit. Maybe it's in there.
 

Attachments

Apparently there was an hour long hearing today. I haven't listened to it yet, just found it. There was an mp3 attached to the bankruptcy court docket entry. I hope you appreciate my sacrifice in installing Adobe Acrobat even to be able to see this and extract it, so you don't have to do that yourself.

I bet there's some juicy shit in there.

The funniest thing Ben Collins and his zombie version of The Onion might have done is committing felony bankruptcy fraud to "own the chuds."

I don't know that's true, but hey, listen to this shit. Maybe it's in there.
Visk speech to text
6637844-4b585631c57277edfa50d1c29392e3c4.mp3
(Yeah its shit but you can kinda make sense of it)
Okay good afternoon this is george lopez today
His november fourteenth
Nepali to thirty emergency
Quest for a sad as conference
And the jones case am
And i take appearances in the courtroom and and current folks on the line
A line is completely muted some of the wish to make an appearance
I don't you have five star
Good afternoon judge chris murray on the chapter centrist okay good afternoon
Aren't you get to make let on they shall we can all hear each other
Engines for the epicenter think you
As was also for the jefferson and how and for the us trust eat good afternoon
Your honor steve i'm in for pq pr
One apologize of court advance i don't expect that this is gonna go on for too long but if it does i'm actually a judge caresses quarter
As like a better place to be higher and i completely understand i don't know how long as is gonna go around
Where we're going ah
I don't know what's going on to have but if you need to leave at any point i completely understand hilarious is a seminal into a number
Hope you're on a walter feedback the i see a big day on behalf of first united american companies okay
Is a to and for number
Good afternoon your honor vicky driver here and like how cap a hobby going on behalf of
Okay
See
Here's a nine one seven number
Good afternoon your honor guy actually need a certain kiss on behalf of global tetrahedron
Global who and misjudgment
Create your own and you
What makes you were not to number
Good afternoon your honor it i'll get around app of economic am i okay good afternoon may three two number
Good afternoon i'm here a moment and of a formal
Any and a to one to number
Glad to hear your honor john white will down w e i e h e l a u am on the am an ex court
Okay
Mr see sack am he filed a request for a status conference
I'm
Why don't you get us started i will level set the playing field in terms of my level of knowledge
I'm ill
I remember we were here
Sometime in mid october
There was a her class to clarify what could be sold
And an auction and i was not comfortable saying the water because i
Couldn't make sense of what exactly was gonna be sold and i wanna make sure that there was clarity
As to what parties were gonna sell and what was gonna be purchased in terms of there was a separation between what were estate assets of mystery cows his assets and
That's where i left things am
Maybe you can
I just want you to kind of start me from there to your knowledge and someone else can fill in the gaps but that's that's what i know and
And now learning about an auction and
Sounds like you're not happy with the auctions or maybe you can kind of tell me where things are now and i'll listen to other folks
Thank you your honor first let me say that i apologize for my entire i'm in california i don't have a dramatic i wouldn't make much sense but ah that must put all their to the cyclists get to where we're here i don't care about i don't care packages on
I just wanted to make sure that i said that
First of all your honor
My client a day is way that it made it as a backup better in connection with the option of the
Billboards and epithet out that and that that edvard nation was made this morning at it number nine o three don't want only one we side a little bit backtrack a little before me so there was an auction one was the auction well
What happened your own or what happened is is that they were qualifying been married to king and then and then rather than what the original plan was to to have a an open auction
The track they have decided that rather than do that he was going to go to a basically he old secretive
Back in hired offer and opposed to having a at auction where everybody was pregnant and pig and could be wouldn't be obeyed and bit
That so that worried about it to do and then what tr it would be to your knowledge when was this decision made i'm i'm i'm telling you i have i
Who alas public knowledge i have and again i i
Was in october
Where there was confusion about the assets that we're gonna be sol that's where and i am where i left things so you're telling me that at least they kind of a closed bed
To your knowledge you submitted a you submitted your clients submitted a bid at what is
Or my client could as other people could
Committed big that were then
To be determined whether and i quote people qualified right to it and they often off
On monday a bit week we were notified that in light of that type of it that p v to be received a detroit be the tide instead of going to have and an online live auction
He was gonna scrap bad idea and go to a field period
Hi i'm back and and so that any and he sent out revive been forms and think of that nature how did you notice how did you know what you were bidding on
It did the truck he gave like a alleged of the attitude of billion are when will you know what we were video
I'm i i the reason i'm asking is i didn't know what your bidding on in the middle on october said it sounds i
At issue
Somehow got resolved by leaks out there might be very very that question on what the tried be called why the war as to whether or not guilty blood flow or i'll get there
I can't wait to hear about this guy and
Lot for was designated as disputed domain
So i wouldn't loud in anything that happened before then all i know is that away a they were some at that that worked out that were called defeated domain and order to act that any other information he had to sign a nondisclosure agreement and then have access to the
Data room which we did
And fell
That's what that what we get and then this morning we found out that active providing feedback bed i have been bad feel weird we found out that we were chosen as the backed up there
Sometimes things happen know with you lose you lose but then my other have confidence i have questions
So you like asic needed the back a better did you have an opportunity to bit higher
No
You know what the and not only down arousing what honey now you have you know what the winning bid was
We don't your honor
That's exactly right not only do we not know it to winning get it
We found out from a new at go back to check fee is by no disclosure despite everything the contrary it could be allowed
The parent could do a credit for bid on unarmed and and claim
No disclosure at all and in any of the filing that they were going to be allowed a accredited in fact i specifically asked mr murray in a connotation had a pair are you going to allow accredited and he told me know
And so now we find out it back if that died in bed he added apparently would not the highest and best bid public allowed to credit period apparently up to one point five billion dollars or we didn't even know i've been on the phone blown up everybody
The on the picture here everybody email everybody's cell phone what happened how it will happen nobody is respond so we don't know we don't know if the bidding winning big live we don't know what the credit a big amount was we don't know any of that information which is why we have asked for the status conference
They've been no disclosure it been no transparency and fact the disclosures had been a lately
He know what the winning bid is now
No
Okay
Mr either
I'll turn to you and then i'll time to
A trustee i just wanna make sure that i understand
So who won the auction you know that global tetrahedron can understand is the onion
What isn't the connecticut family whatsonline what's the onion
Not a i'm a computer at all are you know a public or website
I don't you might have a website i'm i'm not doing it so global tetrahedron one the auction
And it
Okay
We don't know how much they did and we don't know how much be quite a bit wife if the auction now i gotta like not i got i got miss driver what do you know
I
Your honor to find that timeline pound accurate an average your hands with not party to any beard and he did not get direct communication dollar the truck
I just keep as much of a can with information publicly available into available to other party on what i do you understand is that am this morning on the into war a website was shut down mr jones assault had not allowed to park that i can be broadcast for a while
A and i understand that the employees are being like go what i don't understand is how much with dead
How much of it if i'm sort of the credit did get from the connecticut family can go only hope is only an interviewer honored own order in the motion for summary judgment
Said that the ultimate amount of the not just article that out to connecticut family can change is jan sixteen from had a quarterfinal but if you know is still pending
Ah so i don't know i can see they're wearing the bankruptcy code or in any pay for an unsecured creditor could ever been allowed to confer value to an estate and how we can value that in a and would not knowing if they actually have a final judgment on just unclear and quite frankly i'm very concerned that their employer
He didn't know that they would lot we got on a failed and haven't been close and money happened and transferred or as an aid as a the in the morning it's been very quick
I can ah and and i we were we were very disappointed to see that there was not a lot auction where that could be held in a round were over alerted could be
Okay
Let me hear from the trustee
Or is council
What you've just heard his
Mostly inaccurate
Let's let's start list was there an option yeah
And was an option
Mr see sex as he does didn't know that he could he doesn't know what the winning bid is and he was not given an opportunity to his client wasn't given ability to bit higher rate so is that right and up my she's not here no that's not that's that's not you mister see sack he saying you're not telling the that's not accurate okay so now some
One tell me was there an option where somebody said
I did ten you got ten minutes let's let's go to a higher number
So that's when i think option right is i saw auction procedure that the court approved in september but then you came back to me as a had sound we didn't add and you're saying that i approve some secret no no i wish i could have a chance ah
And here's your chance fss as assets
Filed a motion the wine those assets down at auction we had an auctioneer as a timely marketing classes there was a list of those assets that was never in doubt or proved everybody got notice of that that's the auction
We came in october is there was a request to and they don't even know the winning bid
He says he doesn't know it well
How is the see say they're saying that you don't know the winning then
They're saying you do no no no league at your your honor i guarantee you have you have written worry whether he had colbert put the winning bid if he's gonna say know when you just said you know don't doubt leave the with a huge not a like be eager thing
I think what are you trying to do with proper and well let's let's figure out he says he does another winning bid know under the procedures for to prove required to say does he know what does he know the winning bid he doesn't know the amount he knows who one of my but has he got older bit we ask for a round of highest and best bits and how do you know is why isn't this i mean does i have both at the bid
And i am the yeah but you heidi but how do you how do you match one against the other and say okay now somebody put this on the table can you go higher because one person bid just cash and another party with cash and another mechanism was there a credit that was there a credit made by the families sort of it's not a credit because are not secure i want that's it we're holding it in evidentiary hearing and i'm going to figure out
Exactly
What happened no one should feel comfortable with the results of this auction we're going to hold the
We're going to hold an evidentiary hearing and i'm gonna today's just the status conference
I'm going to understand exactly what happened
Megan parties an opportunity to fully explain it to me
Not comfortable
With the process and the highest level of transparency and took place i approve know and i'll get now hold on i approve an auction
Action means you go
I be twenty
We know someone says the highest current is twenty
Twenty five or thirty
How can i say
And
The you don't know he doesn't know what the highest bidders so his kind couldn't overbid
It's kind can get higher than the current bit has no one knows what it is he could have been more we ask for highest and best his bid was at how he doesn't know what the last bid was selected the mean how do we had we know that you got the highest and best i could explain it i guess none on outlets ominously quite i want i want you explain to me your process
Or

Fs as as many different categories of assets it's got some domain names as i p it has trademarks it has he quit it has inventory that so
When we started the bidding process but the auctioneer advised was let's have around where people get some it's sealed bids that say which lots are interested in and how much they would pay for
And then under the auction procedures and those come in we evaluate that then decide how to proceed to if we do it all next auction
The orders very clear that there was even have to be another option i could decide based on the qualify
We ended up only getting to betters that they bid on slightly different sets of assets and so we talked with the auctioneer and we said how do we do this how do we are we a lot my lot and say well how much for this how much for that some bitters wanted some assets but not others some hitters wanted one lot but only if they got the others so there wasn't a real way to do in
Apples apples money pit there's another layer of complexity
It's not just money for the assets
What the connecticut families did with their bed with global tetrahedron is they said if global tetrahedron in this is the winning bid they will waive and the unsecured of ss which i think of you to maximize their value they would wave their potential recovery and give it all the other unsecured creditors so
So that those other unsecured creditors would be better off than they would be under an alternative only catalog
That's why it wasn't some
We thought about all the different ways that we could do an auction it was never going to be a live action on the courthouse steps up with some ever the way we were going to this and we never said
We told everybody we said here's a bid for is different permutations of combinations of lots of we think people are interested in bidding submit your bid for me hell us what you think what you'd be willing to bet on each one of these things and give us your highest and best and then once i get those i can analyze them against future
Other and forgot which one was better
With it and i've got a spreadsheet my can show you the analysis that we didn't i can walk through it
The
Did that mr see sec presented was for three and a half million dollars i know know what the numbers are because no one knows anybody else is numbers not have an evidentiary hearing
I don't i don't i don't i don't punish just as bad as conference he if he don't know if i asked numbers let's not put anybody else amber out there today not for purposes of today how i got it he put a bit right
And the alternative bid
Have half number that was lower than is up with this other mechanism the creditors and up significantly better off and that's why i chose to do
Select that is the winning bidder and that's what we get noticed that now
We want and the buyer once
The original order with some of the additional bells and whistles of a sailor in good faith findings and things like that so we intend to file a motion and come back and ask for that at which time we can lay out in detail with mouth work but it's not something i can just say the winning bidder was x dollars because that dollar amount isn't really known yet
I know within bounds what it is i know it because there's a mechanism i know that it certainly much better than the second offer it could be way way even more better but that depends on things like how much costs are and what the ultimate claims pool ends up being but all i know as i have a virtually guaranteed gift essentially for one group
Predators to another and i've never seen this before any other case we did a lot of research of the never found but i've always thought my goal was to maximize the recovery forensic your creditors and under one been there clearly better than they were under the other and that's how i made the decision and this was not an attempt to sell assets that we ask the court for permission for an october that's a to
Totally separate issue it's a completely separate set of assets that we're or not they've always been excluded from this auction and we're not dealing with those today
These are the assets of fss that back in september we said we want to wind down we want to sell them all of the creditors agreed let's sell fsf lets wind down fss image drivers why i didn't fire the employees today it i give you authority to authorize waivers recoveries
Ah no not know it
If you're are not may be hard way
In a moment and is the camp where i didn't say that the employees have not been like know i was in austin at night and i'm i'm when i'm not i'm with that's a whole nother issue i don't know any about that
I'm just learning about what happened here
We have a youtube
And so we have a disappointed better
Who's making lots of accusations about a processing highly secretive it's not it sealed bid doesn't mean it's not an option doesn't mean the public couldn't participate we had hundreds of people requesting it doesn't know how the winning he doesn't know who the winning veteran he doesn't know the winning bit as it's hard to describe the know i know it is secretive you don't know the winning bid like it no one knows what the winning bid number is no way
Knows what the winning bid number as they don't knew it
At
And i could give you that there's nothing and now i'm just saying it's it's not like he's completely unfounded
I understand it's more complex the may maybe mr see sack understood it but perhaps
My concern is is the lack of transparency in the process
He don't know he don't know
And maybe it's the better deal i don't know whether it is or it isn't i just know it wasn't transparency in
The process so
People some persons putting up cash and some persons put up cash and agreeing to a waiver it sounds like but no one knows
Like the out what everyone else is doing
I'm
Okay
Mr kim for us to speak
Yes your honor i would like to get clarified because there are water
Spurgeon being made better completely unfounded here
I'm
Most of all a bit and reconnoiter just what you ask for it in october he they totally separate issue got it i got lack of it being out of if it can't be ordered it you entered right september twenty back i'm with you
Okay if you want at eight fact i read my daughter i read my i am i read my order are you telling me that i approve
This process a await the way mr murray just described it
Up your honor it but i'm just asking you not asking you have your younger side are okay i believe it it i think we are get i just disagree and that's okay know if ipad will get back into sick and you're at are only we want a good but i'm i'm going rate know what i'm up
We've been definition of purchase for i read it but but i read it you'll have your day our it at you have your day in court
Eradicate
Your i can get fit i'd i'd have no problem explaining what we did my client i'm not worried about i'm i'm my concern is not much your client did
Not at all
I don't i don't know i did and i have zero concerns about what your client get i'm i'm more focused on the process and the transparency in the process that's what it get be a client my concern is what my concern is the process itself your your your coins for participants in
The process
And i got new machine with hundred back we we pay it back pain concern that needs to be back here on monday we weren't warned that we were supposed to submit a bath and final bid on it we knew that i didn't hear anybody object to that on monday or tuesday or wednesday i got it will happen
Have the pain discussion he had to have kept quiet while the i don't know what the other a i don't we don't you have okay are you wouldn't even playing go get all band your outta there is no disparity of information that we had information he didn't provide for me about and i hope i'm not i'm hoping that conveying that somehow you knew more than my mister seaside m m
I'm i hope i'm not convey not because it's not
My intent or that your clients that anything
When i when i think leonard i'm more concerned about the process
When we heard they were not going to be an option body fat a request for a pet and final bid on wednesday morning i went back and look at your order at that can they do that and i pad i'd found multiple paragraph will it that they could do that i had no idea of a bit tricky with doing that and how we got the same notice better he makes two of us i go
On it
Mr jordan
I repair the families am i being i don't they
Ellie they did in a is far as i know
Them than anything wrong you haven't done anything wrong i'm i'm the what you're hearing i to me is
I'm concerned about the process
We are even today
Mr see sack has no idea what the winning bid is but he's the backup better and just seems
I'd only i can say that way and got your client one but they don't even know what the winning bid was
I'm we know it will have known as much as i that that's the point of and you don't even know that i did it sounds like i want to be a might even have been he'd be made public i i have no problem i i got it that's when i found out what up that's what i'm finding odd mr can play says process
That's what i'm finding out that's what i mean every bankruptcy case you
It's public people know what are the winning bidder was right there's there's no is full transparency her
Yeah i think what mr murray with banning wide the idea why they announced the identity of the better morning
They were going to be a request for a hearing it get it felt order all of the would be public and everybody would have a champ at that hearing with your typical i think of many bail hearing to an object to the fail
You could have everybody and fairly towel for thank you should have his body all of the time
This morning when did notice was filed on the docket and that could have been done i think that there are still agreements being negotiated at frankly an issue with mr ashby it's quiet and an epithet not not me i'm by i think the idea why they're trying to finalize the document they'll them have
Like the final bell agreement
They'll go for a hearing and it will all be public i don't think anybody ever bought it is wasn't going to be one hundred percent compared
Okay
There be a bit actually nectar would not a forget smoked option rather want in the same room
I think that's just the a different front of and we can have an evidentiary hearing on whether that was nothing there
Britain your honor of the recovery i responded where we briefly now we only allow you your hold on a second how many have mr jordan and are you from
Mr i
In our be very very brief that the public concern we have is that the they or we've been put in place the or the i tried it on the website that we will withhold the business was down our one slapping not be go on the website will come across don't care and up i try to get on a
It's close now maybe what he did a lot of i decided not to close the sale and let him get it to the buyers and let everybody sort through the problem because one of the problems we have a a and yeah be very very unique what about that them if their disputes about the up the ip net not what will probably sold you want to come
Do you start let you decide and didn't even have a clean fail but then sold hundred website make the hundred websites with alex jones name but no one and yelled at and another very how profile i'm a talk radio to duplicate baseball those are with the only notation the
Even when you said don't do that so what one thing i would like to call it can we stop this i'm a bit treatment of the for your own if you know how close and as if the buyer it now the no no and he some people what to do and you could walk to the few days or plan you need needlessly i didn't you hear that he only request that
Mr joining i know and his told me and i don't wanna
Rangers am that
I am i understanding of what mr kim's was describing to me was that someone was and i think so married at the same thing ever of in file a motion
And even ask for traditional sale order and and that there would be subject to dispute so i don't
If if somehow i don't i don't know what you're talking about with a website being down i do recall in the prior october hearing there were some questions about website and i said let's just figure out what's probably state and what's not properly state and but let's just have clarity so that buyers know exactly what they're going
Nevada
And if i needed to make the call and let me make the call
Am i don't know but i'm being told that that has nothing to do
With what's been described here so maybe it does make sense to have
Never ensure hearing on this mister see say
Yet your honor that the the one thing that then i think of color got loud and clear is the fact that it would never disclose it any time that any better was going to be allowed to make a credit bed or wage claims that fact your tail orders bed
The purchase price be in a specific amount of us dollars not a range and what we're hearing today it that victor murray can't even tell you what the it it and we knew and enabled full disclosure and they paid to and fed your honor we now to
Added that we're going to allow or or require the the authority to allow credit bed for waivers a claim it be considered it we knew that
So we we might have been something differently mean sleep did not have all disclosure mr marry you contemplating i used to identify the successful better in the back a better filing emotion for approval of this sale
I am now i thought it was approved in september apparently nobody understood that mr kinda sounds like was like it was a misunderstanding as well as to can blur cause i think you were contemplating that someone was going to file a motion in this would be all public knowledge as to what it was but now it seems like that's not the case
Oh it we are all i could have i am in any degree reaction i've ever been and i assume very good option
You don't always get the or purchase agreement the next day i agree no no no i agree to be others it'll all be public
But i bet got my you were contemplating me signing in order to
I believe that you would need to fail but i'm sorry fine and border i think the order that you enter in september authorize the trustee to sell the app but i think a fire understandably would like a fail order with traditional finding them and things that you see in a failed order
You are obviously not approved that we have to come back and get your approval and the way this with typically work if you would file a motion you do it pretty quickly after an auction and will come back and we'll put pen to fail if their people that want to get my my understanding of what the trust the was describing lies
And he didn't need one into that's why i said we need to have an evidentiary hearing to then determine
What it was and someone's going to file a motion then that would then serve the purpose of have any evidence you're hearing mr will show that is the into
I think mr mr marriott i believe what he was alluding to is that a sale process had been approved because we didn't you
You're in what we intend on in front of the court with is the details of the offer that was the winning that her and ask the court so has the sale closed
So can you
If they're disconnected just tell me their disconnected
Mr jordan the mister mister either
I think a connecting the results of that auction that your had well a result is a process that you had with
Ah
Like the closing of a website and and stuff like that is is there a connection between the two
Yes your honor and how i missed out on this i need to have a mr welsh up when i'm saying is that's my understanding is that what you describe i was trying to convey what you described and just as mr were shot there's a connection between the two well there's a connection but it's not the reason that i think that they think i it's come because there was a assailed that has occurred it's because as a
Lots of us doing the notice which now set in motion the fact that we're moving forward with a particular better
There is significant cancer and now that everybody knows who it is that the assets need to be locked down we were always contemplate a little that fss was going to be shut down and wound down
Mr murray has conveyed to the employees were going to pay beyond like op's i think i think through the end of the year
Sounds on on a second part is your someone i'm just going to meet your line i am hearing alexander
On the line of you can meet your line
One of use a new york as i can hear the her
Sire i got and mac bringing me back to queens am know if you can just meet your lines i apologize
So your hundred and answer that there's for sure a correlation there's been an announcement as to the winning as to who the winning bidder is and i understand routers concerned with it not the idea was we be coming back in court with emotion and an order that would set out all the details of it but now that everybody knows with the winning bidder is
In mister murray's is the steadman i think he exercise that the where he should have he went to austin and began the process of securing assets locking things down it is true that that that yeah the servers are down and and in it and that the at the show is not currently being publicized but he has the ability
Do that whether we're selling assets are not and because of who the buyer is there is a significant concern that assets would start going out the back door because people don't like with the buyer it that's been selected as we intend to be in court next week before your honor to ask for approval of the sale
Mr murray had the ability to wind down the fss operations at any time he chose to go down there and basically make sure that everything was secure because there was an announcement as to who the winning better was and that better is somebody that i don't think everybody is going to be happy about and so we have not transferred
Anything we haven't given the buyer access to anything we have executed any dockets documents with the buyer we are still putting the final touches on the a p a that we intend to file when we filed a motion to approve the a p a so i think what mr murray was saying is we believe that the sale in the cell process was approved the we're coming in front of your on
Or with details about what the sale is we're going to have an a p a and i think what i hear your honor saying is you want to hear about how we made the decision and how the process went and that's going to be part of what we present to the court when we come before the other question i have for you his arm
It sounds like some
Web sites were sold and
I you telling me that they've not related to the stuff that you people were asking funny thing i do recall my whenever we met in october
And i do recall is having a conversation about
You know if there's some confusion between like
Mr jones thinks his his assets versus what because he thinks his property the est let me make the call i but i also said
If if
You in the jones folks can can agree on what is a what is purely a state asset versus what not
I'm
I'm you know i probably don't have an issue i think i said and that that but i don't know
It sounds like you're telling me that you sold some staff that they think is jones related stuff and i my concern that i sat on the a and i got it it may be the same different asset
I think i said i wanna make sure that the buyer didn't purchase something and then later have to set up litigation on the back and i'd rather deal with it on the front end
And say this is a state property
But i found that in in you can go parties can then go appeal me as a post that kind of going to stay court and fighting about it there is a is there is there a concern
They're expressing that some of this is gonna be subject to dispute as suit
And i'm i'm just trying to make sure i know you tell me that's different
He ate the him but i think we we also talk generally about concepts and his his his are there are some things in here that folks are disputing from your understanding or they seem to be shaken their has yes anna anna again i don't want to get into
What's going on i just one make sure that i that
I feel comfortable that the buyer knows that these are true estate assets and that there's no
Someone can ask me to make us but jones with the anti trust he was authorized to sell it
Right and and and i think like your honor i remember the conversation we had in mid october about this issue and if your honor recalls ice we were talking about the things that we were asking for permission to selling and that were in individual bankruptcy state
And we did tell your honor we might come back with an agreement as our
You with of assets but i did say and i don't have your on remembers i did say your honor i want to make sure that we're not going back and you know retreading you know issues related to the order that you had entered in september the rain and wind down which are ya can only sell estate assets right where we can only sell in this instance we can only sell assets the belong to fss
You know and your honor didn't give us we didn't we haven't come back to you on the other assets now if if if what as driver and mr jordan are saying is that oh some of the assets that are in fss his name we think those are also individual assets
And we can have that discussion with them but this is a different conversation in my view of a very low maybe i'm just i'm just trying to flesh out all the issue so that when we show up on whenever daily show up
And i want to make sure that mr ash meets client knows exactly what they purchased and that there's no
If i sign in order not the order
Yes him at least some comfort that he
In say my clients on this free and clear and and damn i suspect he's going to want something that for that
I'm making if anybody challenges it later that he would have an order the bankruptcy quarterfinal or the bankruptcy court that they couldn't go use am and protect their clients and and i'm thinking mr ash meet about your client
If they're the successful better i bet you weren't i'm not sure you were here on on the last conversation it was a different set of assets and i just did not want to create a situation where somebody purchased asset and then got sued in some state court in the middle of you know who knows where
And yeah now
And my went be it was because we didn't do the hope the hard work up front and and i'd wanna get just smoke out these issues
Before then and it was as the i agree with mr bush and it was a different set of assets
And we were being that we were describing and i conceptually it was just concerned about
That issue
And i the cost about what five forty one five one of my stuff and i'm in next week right i mean i think that the be a perfect opportunity for us this lay out and say what so that there is no and so they were not inviting as where your honors having to deal with disputes you know every
Week and a half because nobody's complaining something was or was not on the list of assets so i think that that would be perfect thing to include within and and i i i would suspect that
Is gonna want that specifically in the sale order and that's part of why they had requested that we actually proceed with a more traditional say order that includes things like that
Mr welsh mom at me as your hand when mccain i was response of sir
A writer and director john are like obama plate market and appearing on behalf of and score and now my account palin regular and chris earth apologize that the may get caroline is rampant traveled that are you the money
I'm i thought it was a good point it a good time to make one remark about the after a you do something about the of the mid october hearing he can you tell me where your client fits in all this again he just remind me
In a while so i don't uphold i'm glad part of yeah
Or the after that you are taught by now
I'm i'm out john and and began twitter account yes on twitter
I'm sorry i didn't know gotten around to your honor and and know that actors all right with respect to establish out about your that began and to given everything i'd been i'm on the we would hope that we receive proper noted been opportunity be heard if there's ever an authentic out don't let began i at not when it happening within
Now of those by a flavor we wanna do it depends on your aren't i know that the i do you want to run it wasn't so that your your your point is you want to make sure that it wasn't so that if the if any assets were related to that that you reserve you're right to come into court room talk about it correct out an editor editor the fell in the future that really found show
At reply to receive proper noted not going to be heard on and i can and out on regular probably an hour okay so my
Okay thank you
Yeah you're out of iraq
Hello mr see sack hasn't spoken like girls like yeah i'm going to fall the right
Just the second mr see psycho have a pet
One one or a clarification
Because now interview detail would was done contrary to the hell order and disclosures ah and transparency
What we would request conflict murray as competed they were only two bit what we were required is that make been married turn over to both elevators what their original good were and then what the final and bet it work for let we would have
Knowing exactly what each covers it both on that the original day even and on the on the on the final and best bit so we would know right now we don't know and
Despite confidentiality food milking burglary here in public both everybody what our bid was
And go we're aware of the highly a ball so he would require that we'd be given copy the of of the original bid they're qualified the onion people and then live final bid and we have no problem with with his closing hours to lead to the wedding day
But for full transparency i think that's important
Okay
The lemon on the e p r
I had many of the same questions that everybody else did end up because i was only a hundred feet down the hall i was able to buttonhole mister wolf shawl and mr murray before the hearing ah
And to learn a little more
I'm still learning about the proposed sale
I don't at all doubt mr murray's good faith in proceeding with sailed way he has done it
All i'm asking is that we have enough time
If if the deal will allow up
To to study what's gone on i can see ways in which this might be beneficial to everybody it's unconventional
But i think everybody needs to look at it just for a little bit
And i want to make couple of points clear to my understanding is that
Ms summers and a file
Some kind of motion to approve
The sale and parties will have an opportunity contract employees will have the opportunity to
See what the winning bid is what the back a bit lost still be trained they'll be public transparency on what occurred okay
And who the winning
Iran's and and know the back of better and the procedure and since i commit we're going to have an evidentiary hearing
Sounds like i won i don't need to calm when i'm my own it seems like that these issues are going to get teed up publicly in connection with the motion to approve kiss
Thank mr templars correct mustache me skies probably gonna want some findings from me and that's gonna require a hearing
I don't i personally don't care who wins
The auction i just care about the process and i care about transparency
In the process as i don't care who wins or loses i suspect
There
I am
I care about process and transparency and people feel like the process that movie ran satisfies due process requirements and understandings and connection
I'm with account and if there are disputes about which is not surprising and i don't know who's listening am but it's not out of the ordinary for in connection with the sale for someone to say ah getters china sell assets one to seven i think i own this asset or it's not property the est
It's got come out of this and i and but i want to be the one to kind of resolve any of those the speeds up front and not let them travel so that there's some confusion that i sanctioned the sale of of assets that we're not proper the estate
Am i want to feel good about
Anything that was sold so there's going gonna have to be a list
Here's what we sold in this
His connection and this is what they did in this is what they purchased i i stress
And
Mr see sack mr campbell play both of you represent different clients i don't think from what i've heard today
Ah ya have done anything other than
The betters in an auction and i don't wanna anyone you read into anything ah mister hashmi time i am i read anything
That something happened that people hit know he was going to be a process now it will be transparency
Little concerned about am a fact that mr see you don't know who the winning better is your the back of bitter
It sounds like we're all gonna find out and there's going to be public knowledge and you will have the ability to take discovery just like everyone else in connection with the sale so i don't know i think what makes the most sense
Is for
The trustee to file a motion
Get it on the docket and then maybe we hold these shorts that is conference in and pick a date it makes the most sense maybe that and again maybe everybody gets comfortable once they see the process and are now
Maybe but
Europe your on it's gonna end badly hurt yes of course
That at your ip address need for global tetrahedron i just by say or honor you him around exactly the point where we like to be an app and are concerned given essential that this process as dry given a questions concerning the asset free speech vs yards given the status topics that ron right now
That we of course wind a motion and a shell approval and be out there you get the findings say customarily gets a huge
Poland writing on what we want and letters are our concern is just so it's clear and i know your honor of the i'm stances michael i observed the requirements of the dating process that we assumed everyone else did not and in from everything i've heard today we're in exactly the same position as the other getters in terms of knowledge and were told
To put our final and chests put forward and a final feel good we did that and we're told last night we were the winner and at which point he had caused this morning's to start working on a p a and to talk about a sale
A sell order and emotions to that's where we are it sounds yes your honor her said that this will all work its way out in that process
That's all you have your on a splash know
The strive
Your honor i called i thank you so much and i think i am very concerned that we have shut down a company that the literacy fact quiet period from what i understand required an ongoing company that was making an extraordinary amount of cash employing only for on and
Austin area they got shut down with morning solely because there may be able to identify bitter i think there's an assumption that people in that building or going to commit crime because of that and i don't know what the evidence that the about and i just wish if we can go back to where we were yesterday when mr ashby court found out he would be winning bidder
I think that could get status quo where we can get the evidence for hearing but if everything were nine shutdown
And i don't think we are of status quo and i don't think we were making it a shot of code pending that evidence recently why don't why don't we when she gets something on file ask me to rule on something he something up for me and we'll we'll deal with an early next week and was forgotten we are
I can't really liked him doing i'm anita
I need something to cheetah than i can rely on and then we can hold folks from folks in here and have an event small evidentiary hearing and getting any city that rate and and
But i can't a kitten the take have study
When i went to show that we we have process and and
And if if that concern is that you have and and if it turns out that folks have really been let go and i don't know the difference between lockdown and i go maybe
But let's let's have a hearing let's let's figure it out and we'll see where it goes
Am
But if you saw something reach out to my case manager
Among all the day and probably and
Monday tuesday
Am i'm afraid we just don't lose all of our employees over the weekend it have a better just in the cat making out of the back unfortunately understand
And is and am
I don't know
Am i don't want to put
Well i don't want to put the trust the on the spot in
Where we're here to talk about a and now italian a related the see but if it were out talking about it
Am
The issues related to the sale in the concerns of mr see sack has and i am
That's going to get resolved
Now i'll be a trap open and transparent process and we'll will know what it is
We won't be long on that i just don't know how much time folks are going to need and maybe after seeing stuff you agree with some part of it not part of it
I know mistake is gonna be hyper technically concerns about issues related to exactly what was sold and maybe we need to see that may be have an issue maybe you don't i don't know i am
Right he says they follow the process
Let's let's figure let's find out and i saw the hearing but it sounds like we're going to have on now
My big concern is that folks out there wasn't gonna be one
I'm at now everybody seems to agree that there is one let's have it and let's have it open and transparent where everybody gets to see it
I don't get and want to be clear
I i don't care who wins or loses i care about process and that
You is always going to be someone who doesn't win that's that's not the issue the issue is it
We run a full and fair process
And that's find that miss drive if there's other issues he was your dress with the court just fall something and more will take a look at it and we can take it up on an emergency basis but i gotta i gotta know what the emergency issue isn't what the specific ask is and that's
That's that's what i need to understand that maybe i can be a little bit smarter sooner rather than later thank you very much you a texts
Regular yeah
Thank you
 
Apparently there was an hour long hearing today. I haven't listened to it yet, just found it. There was an mp3 attached to the bankruptcy court docket entry. I hope you appreciate my sacrifice in installing Adobe Acrobat even to be able to see this and extract it, so you don't have to do that yourself.

I bet there's some juicy shit in there.

You would bet right, from what I'm hearing so far. The TL:DR, is that the trustee that was supposed to run things definitely fucked up, deliberately. I don't personally spend a lot of time in bankruptcy court, much less in Texas, but I know what a pissed off judge sounds like. This one is steamed - and the big takeaway is that he's ordered an evidentiary hearing to get to the bottom of it.

***Start Transcript***

So far, the big things is that the judge was expecting a standard auction, ie. "We have a bid of 30, will someone go 35? Okay we have 35, do I hear 50?" Instead, the trustee decided to ask for sealed bids, and after receiving the bids - if I understand his waffling attempt to explain to this pissed off judge, decided to alter the auction process by accepting credit bids. Not only did he decide to take credit bids, but allowed the plaintiff families to pledge the full 1 billion+ civil penalty as credit to their preferred bidder (the Onion), which obviously outbids every other party. The judge seems incredulous that he would do a credit auction, first of all, and second allow a civil penalty still under appeal to be applied, and third conceal this from all other parties until this moment.

The judge asks, "And did I authorize you to do this?" which is not something I ever want a judge to ask me, what the fuck. The trustee is now accusing the other attorney (for Jones) of lying, and trying to weasel that 'they knew who the winner was' but obviously lying by omission because this is the first time these details about this credit deal and money amounts is coming out. The judge is flabbergasted, "how can you have a bidding process if they don't know the bid to counter it?" Meanwhile the trustee keeping trying to equivocate that 'it is complex and there are a lot of numbers and the attorney is a lying conspiritard' like a total sped.

Holy shit, now the family attorney is trying to explain to the judge that 'this was totally authorized, that is what your order said!' like a smug snake, and the judge is just coldly telling him "I know what my order said, and this was not it." Going further, now he's trying to throw the trustee under the bus and pinky-swearing that he had no idea and thought the trustee was above board and they are just innocent victims. (I'll bet there was a payoff somewhere.) Continuing on, he's trying to downplay the entire affair, "oh, we thought that after the sealed bidding goes through, people could contest and everything would be public so it'd be okay!' Even though its always harder to undo something than keep it from happening in the first place.

Now Jones' attorney is on, and is telling more about how the trustee jumped the gun and already shut down the websites, tried to fire everyone, closed down the studio, and also sold several dozen domains already. He's arguing that the process of sales should be halted until they can have further hearings, because several businesses are acting as though the sales are already through and final. Another of his attorneys also brings up, to rebut the earlier statements, that the Judge's order specifically calls for an exact bidding figure in American dollars, with no mention of ranges, waiver of claims, trades, etc.

Now they have gone back and are waffling about wether the sale has actually finalized, and if they can go ahead and lock down assets, fire employees, etc. Apparently the trustee is making some excuses that they "needed to secure the site, the equipment, the stock, etc, because Jones and his employees would steal everything when they find out we secretly sold to the Onion." He is making a lot of excuses and equivocating about it, and also trying to claim that all assets are his to distribute. The judge has to remind him that he has authorized only certain things to be liquidated, and the trustee has to get the judge's approval to sell anything. The judge is giving a caution that it is hard to un-sell assets, and that he needs to get approval first to avoid further litigation. He spends a lot of time being kind of gentle and diplomatic, but he's taking a long time laboriously going over how important it is to only sell what he has authorized to sell.

Now Elon's attorney is speaking up for X (Twitter), to reserve the right to be heard regarding any sale or litigation involving Alex Jones accounts on X.

Again, requests are being made for the trustee to submit all the bids, the paperwork that he used to calculate the 'investment bids with credit', all that, especially since the trustee already blurted out some bid amounts during this hearing. So in the interest of fairness they are requesting those copies be provided to all parties.

Steve Lemon from DQPR? is now asking questions about the process and proposed sale orders. TYhe judge is repeating that he cares about the process and transparency, he states he doesn't care who is the ultimate winning bid, but he is focused on due process solely and resolving disputes. He says that he "knows people are listening" so some of this is performative, but he seems pretty focused on this anyway so maybe he's just emphasizing his true perspective. He repeats that he is still very concerned that there is no clarity, but states there will be discovery, there will be public hearings, and that this will all come out.

The Onion's lawyer is now up, and in full lickspittle mode, trying to brown-nose the judge and all but plead for the judge to just approve everything and is doing a "who, innocent little baby me?" act.

Now a lady lawyer is speaking up, and she is lodging a complaint about the current shut-down, asking that the company be un-shuttered, that people be allowed back into the offices to do their jobs, protesting about the accusations of theft, etc. The judge asks her to file "something I can rule on" come Monday, no idea what he is expecting but I image she will get something done. This is a status hearing only, he can't take evidence or rule today, but he promises there will be ruling in the future once he has motions and evidence. He promises future, public hearings.

***End Transcript***

The liquidation bundles are spaghetti mess as it is, with lots of connected assets, shell companies, nested ownerships, pretty typical corporate structures that would normally present an annoying but routine chore for a bankruptcy court. Unfortunately this case is made more complicated by the plaintiffs being scheming retards and a trustee with obvious political bias trying to pull all kinds of underhanded shit to
A) Try to sell shit they shouldn't be trying to sell
B) Doing secret closed auctions with credit to send assets to preferred bidders
C) Acting as though sales have gone through and are finalized to shut down web/job sites/offices
Fortunately, while this judge repeated a dozen times that "I have no interest, I don't care who wins these bids" he seems laser focused on due process, transparency, and adherence to the rules. He doesn't seem willing to let the plantiffs/trustee just get away with obvious bullshit, unlike the trial court judges that seemed to be very biased. All in all, my read is that he doesn't like dealing with this high profile shit and is pissed that this gay retarded shit is going down in his courtroom and that he has to deal with it.
 
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