Infowars host Alex Jones denied his companies are bankrupt despite filings stating they are.
Jones’s claims come days after three companies he owns filed for Chapter 11 bankruptcy protection. Jones said the filings are not because he’s bankrupt but so his companies can pay their creditors.
“It’s a Chapter 11 reorganization in the federal courts, so you can go and show them their books,” Jones said during a Monday episode of The Alex Jones Show. “They can come in and look at your books and know that we don’t have $16 million in a secret bank account, or $5 million or $3 million, and know that what has been claimed by the Texas courts that are very political and the Connecticut court is not correct and is not true.”
“And whether that’s successful or not, in the long term, this will be an issue for the bankruptcy courts one way or another,” Jones added.
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Jones claimed his operation is “essentially making no money” and that all of his profits are going to operational costs. However, Jones appeared to be fudging his numbers. Infowars’s store, which sells dietary supplements and survival equipment, made $165 million in sales between 2015 and 2018, according to court filings released during his legal battles over his claims that the Sandy Hook shooting was a false flag operation.
Jones insisted “corporate media” are trying to get the court to force him into bankruptcy and push him off the air.
The companies listed in Jones’s bankruptcy filing included Infowars, IWHealth, and Prison Planet TV, according to documents viewed by the Washington Examiner. Infowars claimed in the filing that it has assets of $0 to $50,000 and liabilities of $1,000,001 to $10 million.
Jones has faced defeat in several lawsuits over his claims that the 2012 Sandy Hook shooting in Connecticut, which killed 20 children and six adults, was a false flag operation. A lawyer for Jones has since said Jones no longer believes the shooting was a hoax. However, the families have said the damage has been done.
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Although a judge last year found Jones liable for skipping depositions in a defamation case from eight of the families of shooting victims and an FBI agent, a court ordered a $75,000 refund last week.
