Infowars Parent Reports “Surge” In Product Sales Amid Ch. 11(1)

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Infowars’ parent company has asked a bankruptcy court for more flexibility in its budget amid a “spike” in product sales which the company says could soar to $450,000 a day.

Right-wing radio host Alex Jones’ bankrupt production company, Free Speech Systems LLC, is facing a ‘crisis’ to make product sales from its website and needs a bigger budget important to meet the associated costs, said the debtor urgently. petition filed Thursday in Texas bankruptcy court.

Free Speech wants to be able to allow its credit card processor to pay more money to its fulfillment logistics company, Blue Ascension LLC, to meet rising costs, he said.

Much of Free Speech’s revenue comes from the sale of nutritional supplements, it has already been said. He got the temporary authorization to spend the money on August 3.

The sales boost comes as Free Speech is likely to face calls in its bankruptcy for a closer look at its finances after a high-profile lawsuit in Texas ended last week with orders for the conspiracy theorist and Free Speech to pay nearly $50 million in damages.

The jury awarded parents Neil Heslin and Scarlett Lewis damages years after Jones alleged the 2012 massacre in Newtown, Connecticut was fabricated. Their 6-year-old son, Jesse Lewis, was killed in the shooting.

Free Speech’s weekly earnings were projected at around $595,000 in recent court documents. But the company’s chief restructuring officer now says its sales could reach as much as $450,000 a day, according to Thursday’s filing.

The company’s actual sales exceeded forecasts for several reasons, including the addition of new inventory, according to the filing. Revenue for the first week after its bankruptcy filing was nearly $900,000, according to the filing.

“While this is good news on the one hand, it could be catastrophically dangerous if FSS cannot fulfill these new orders in a timely manner,” the company said.

The case is Free Speech Systems LLC, Bankr. SD Tex., No. 22-60043, request of 8/11/22.

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