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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (4781)	10/29/1998 3:16:00 PM
From: JEM	Read Replies (1) \| Respond to of 9440

And a quiet note of gratitude for what was sure to be the above-and-beyond-the-call efforts of the SEC compliance officers involved - and the sacrifices of time and attention by their families and significant others during this 'sweep'. I know what's involved in something like this - heck, my first marriage to a Wall Street Cop fell victim to the demands - and the eternal frustration of chasing the crooks and their paper trail around the country, finally shutting them down, only to have them pop up somewhere else like a bad penny, ready to steal some other unsuspecting folks' money. Here's to putting the bad guys out of business FOR GOOD. JEM

To: Ga Bard who wrote (4781)	10/30/1998 10:26:00 PM
From: Jamessmith	Read Replies (1) \| Respond to of 9440

Hi GB, MDCE has news. With 24 million O/S and 3 million shares in the active float, MDCE is trading under 5% of its book value. What do you think about it? James **************************************** Friday October 30, 10:40 am Eastern Time Company Press Release MediaConcepts Inc. Announces Co-Venture Financing PALM SPRINGS, Calif.--(ENTERTAINMENT WIRE)--Oct. 30, 1998-- MediaConcepts Inc. (OTC BB:MDCE) Friday announced that it has entered into an agreement with Magellin Entertainment Inc. to co-venture a full feature motion picture titled ''Tuesdays Letter.'' The film will be directed by four-time Emmy Award winning Arthur Allen Seidleman, and will star a very well known actor. Upon signing the required contracts, the name of the principal acting talent will be forthcoming. MediaConcepts is arranging financing in the amount of $4,750,000 for the picture. David Garcia, chief executive officer of MediaConcepts stated, ''Magellin Entertainment brought a situation to us where they have collateral for the financing package. Robert Torres, our CFO, negotiated an agreement for the loan against the collateral, acceptable to all parties, which now allows us to move forward with funding the film package.'' MediaConcepts will receive appropriate film credits, and Garcia and Torres will be executive producers on the film. MediaConcepts will also receive 25 percent participation in the profits of the film. Magellin will have final approval in all filmmaking decisions, and will be responsible for repayment of the loan. Garcia stated, ''We are very pleased to have a director of Mr. Seidleman's caliber involved. He has four Emmy awards, with another four nominations, a Peabody award, and a list of many other awards and achievements. We look forward to a well done film, consistent with Mr. Seidleman's other works.'' The project is in pre-production and will begin production shortly. Magellin Entertainment is currently arranging for studio facilities to begin filming. MediaConcepts is in the process of arranging financing for several other projects and will update their progress in the near future. Safe Harbor Act Disclaimer: The forward-looking statements in this release involve risks and uncertainties, including, but not limited to the successful completion of the projects discussed. Successful completion of these projects is subject to a number of uncertainties and unforeseen events and there can be no assurance that the goals of the company stated herein may be realized. Forward-looking statements represent the company's beliefs and expectations concerning future events. These forward-looking statements are qualified by important factors that could materially impact the company's business and its ability to complete these projects. Contact: MediaConcepts Inc., Palm Springs Edward R. Brody, 760/320-9720