Alex Jones' media company has proposed a plan in its bankruptcy case to pay
in Houston that predicts it will have $7 million to $10 million annually after expenses to pay creditors from 2023 to 2027. The judge in the case, which was filed last year, would determine who gets that money and how much. Meanwhile, Jones and an expected new chief operating officer would each be paid $520,000 per year. The company also would hand out $560,000 to nearly $1.3 million per year in executive incentives and another $352,000 to $677,000 in employee bonuses annually.
The Sandy Hook families are contesting parts of Free Speech System's bankruptcy, including a more than $50 million debt the company says it owns to another creditor, PQPR Holdings Limited LLC. Free Speech Systems buys dietary supplements from PQPR to sell on the Infowars website.