Forum:Morphtronic cord

if a monster equipped with morphtronic cord changes owners, does the owner of the morphtronic cord still retain the effect of morphtronic cord or does the owner of the monster? I.E. if morphtronic videon has creature swap used on him, and he is equipped with morphtronic cord, if he changes position, does the original owner of morphtronic cord get to use the effect or the controller of the monster?