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Re: FUBAR post# 141403

Sunday, 02/14/2016 5:04:54 PM

Sunday, February 14, 2016 5:04:54 PM

Post# of 163725
That makes perfect sense. And since there are no updates or news from the Co., your info and best guesses have been spot on. If I remember correctly, a couple of years ago when folks were giving us fair warning (I certainly wasn't listening) -- I can't remember if it was KAM, DD, fros6, or scameater -- one of them stated that Covey transferred his debt from his failing real estate venture [imagine that, another poorly run company] to FROZ, now APT. When he files his BK, ALL of his debt will be wiped.

And he can run "new" Motoped Co, debt free, and probably as a private company.