SAN
JUAN, Puerto Rico, Feb. 13,
2025 /PRNewswire/ -- WOW.AI, an AI entertainment
company, today announced it has submitted a competitive bid for
Infowars.com. The offer includes $3.5M in cash, plus additional consideration in
the form of 51% of the total maximum supply of the $WARS meme coin,
to be placed in a wallet controlled by the Trustee. $WARS tokens in
the estate's wallet will be automatically released linearly over a
period of five years.
"The demand we're witnessing for the voice provided by $WARS is
unprecedented," said Rick Latona,
CEO of WOW.AI. "We're not just talking about the future of
Infowars—we're giving the people full control over it. This is
about free speech and decentralized control of the
assets. Our mission is clear. We're here to empower the people and
by unveiling our groundbreaking offer; we're letting them decide
what the future of Infowars should truly be."
Just last week, the company launched $WARS, a meme coin that
will allow token holders to decide what the future holds for the
website. Interested parties can buy $WARS, stake $WARS, vote with
$WARS at wars.ai – Make your voice be heard!
Rick Latona is a Harvard Business
School Alumnus and has been a pioneer of the internet domain
business for over 30 years. In addition to being the CEO of
WOW.AI LLC, Rick holds one of the largest privately held
domain name portfolios in the world. He also owns GiantPanda.com,
the leading domain parking company which monetizes organic domain
traffic.
DISCLAIMER: WOW.AI LLC is not, and cannot, guarantee that it
will acquire the Infowars website and related assets. Any bid
submitted by WOW.AI may not become the winning bid in the
bankruptcy case of In re: Alexander E.
Jones (Bankr. S.D. Tex., Case No. 22-33553) or any related
matter, and WOW.AI cannot guarantee the ultimate success of its
bid. WOW.AI has no control over the Chapter 7 Trustee or the
presiding judge in the bankruptcy matter, and the presiding judge
has recently indicated that the Chapter 7 Trustee's power to sell
the Infowars webpage and assets may be terminated and/or suspended
indefinitely. By purchasing the $WARS Token, purchasers knowingly
and willingly accept the risk inherent in this transaction,
including, that WOW.AI does not promise or guarantee the
acquisition of any Infowars assets, including the Infowars webpage,
and purchasers agree to release and hold harmless WOW.AI from any
claims or causes of action related to the acquisition, or failure
to acquire, any of the Infowars assets and webpage, with all such
claims and causes of action being expressly waived. While
$WARS token holders will have the opportunity to vote on what the
future holds for the Infowars website, voting does not mean token
holders will have any ownership, or other rights with respect to
the Infowars assets. Purchasing, holding, or voting with $WARS is
only an expression. $WARS token holders will not make money from
the sale, and there is no expectation that they will make any money
from the purchase of $WARS tokens at all. It should be known that a
lot is up in the air and unclear. On February 5th, 2025, after a long process, the
bankruptcy judge decided that the Infowars assets could not be sold
and that, instead, Alex Jones'
equity interests in Infowars might be sold by the bankruptcy
trustee. You can read more about it here.
About WOW.AI
WOW!? is an AI Entertainment Company. We
aim to launch many fun AI agents in the years to come. Our goal is
to make you laugh and have fun. We hope that each agent is more
intricate than the last one and as we keep building better and
better tech, we hope to upgrade the previous agents launched.
Welcome to our journey.
Media Contact
5W Public Relations
Wow@5wpr.com
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SOURCE WOW.AI
