APT MotoVox Group Inc. (MTVX)

[Sharktnk]

It's a legal term in this instance:

http://legal-dictionary.thefreedictionary.com/covey
http://legal-dictionary.thefreedictionary.com/band

Other examples where the same phraseology is used in contracts:
https://www.google.com/#q=Contract+language:+%22sell%2C+covey%2C+transfer%22

Again, they are not selling it to 'Covey'. It's very clear who the buyers are:

THIS ASSET PURCHASE AGREEMENT, (this “Asset Purchase Agreement”) is made and entered into as of the 8th day of September, 2014, by and between APT MotoVox Group, Inc. (hereinafter referred to as “MotoVox” or “Buyer”), on the one hand, and Charles Carothers, doing business as Moto Fusion, International Motorsport Marketing Services, LLC, Cameron Woods, and Missing Link LLC, (collectively, “Sellers”), on the other hand.

These clowns deserve nothing short of disdain for their tactics and dubious shenanigans with how they fostered this whole debacle upon the unsuspecting. But this phraseology isn't a smoking gun, just contract verbiage.