Nicolas Vincente Passes Away

[radiowyoming]

The man who most recently owned KMRI 1550 has died from Covid 19 complications


www.lindquistmortuary.com/obituary/Nicolas-Vicente

[David]

I wonder why there's no mention of Mr. Vicente's ownership of KXOL 1660 and KMRI 1550 in his obituary. Strange.

[kenglish]

He was also a Tax Preparer and an agent for small businesses. I think he had something to do with KTMW back in the Miracle Rock Church days.
He definitely worked hard.

[CAwasinNJ]

I'm not surprised that KXOL wasn't mentioned. That station has been dead for many years now. If I were the one writing this obituary I probably wouldn't mention KMRI either. He lost it under less than ideal circumstances and that I would consider embarrassing.

The next question is, was his chapter of ownership of KMRI closed when the petitions to deny were rejected or might his heirs try to refile? I figure that would have happened by now but with these guys you never know.

[David]

Apparently Mr. Vicente's heirs filed a Chapter 11 bankruptcy case on July 28th for AASAA Media:

www.pacermonitor.com/public/case/35539239/AASAA_Media_LLC

The Wikipedia page for KMRI was recently updated with the bankruptcy information, and it also states that no bids were received for the license auction held on July 17th by the court appointed receiver. However, since the source is Wikipedia, the auction information has to be taken with a grain of salt. The bankruptcy filing is easily verified, but the Radio Ink article stated the receiver already had an opening bid of $75 K on the board for KMRI's license. Would the license revert to the heirs because of the bankruptcy if in fact no bids were received?

[CAwasinNJ]

Sept 3, 2020 21:09:51 GMT -6 David said:

Would the license revert to the heirs because of the bankruptcy if in fact no bids were received?

I can't see how the bankruptcy and the bids are relevant. The bankruptcy was filed after AASAA no longer belonged to him and the bids are just converting one asset to another.