Try the solution a few posts above this, it works
i downloaded the zip,
extracted the zip,
placed the file "uImage_recovery" and "Root_Coby_7065" on micro sd
then powered off
pressed the volume +
and the power button
after 5 seconds released the power button,
get that screen that you showed above
and select to "install from SD CARD"
AND SAYS ABORTED after...
My Coby is brand new! out the box...