Replies to post #4505 on Marketing Concepts International fka MCCI

[WallStreetSTTA]

good traders buy when no one wants...and sell when everyone wants...

[tvmetguy]

The assets are tied up in a third party account as preferred shares that can be exchanged for cash value.

http://ih.advfn.com/p.php?pid=nmona&cb=1271876790&article=36137481&symbol=NO%5EMCCI

From what I can tell, the trust was set up over a year ago, and at that time Seakinetics actually put 160,000 shares of its own preferred into it per this PR.

http://ih.advfn.com/p.php?pid=nmona&cb=1271877059&article=37725782&symbol=NO%5EMCCI

Now that we know that the MCCI CEO has passed away and that Seakinetics is taking over, the R/M will allow for Seakinetics to obtain back the assets it depostited, as well as any other assets in there.

I don't know how much is in there...maybe 1 or 2 mil?