Mentor Capital, Inc. (MNTR)

mentorMentor Capital, Inc is a publicly traded private equity firm that invests in and acquires medical and social cannabis companies. It provides passive equity funding to smaller companies, invests in shelf IPOs, and aims to provide public market access to founders and owners of small businesses.

According to the company’s website, it is authorized to raise USD 23 M from the public market. A cannabis company wanting to get public market funding may trade in 10% to 60% of its business with Mentor Capital. Through its investing approach and capital structure, Mentor is looking to deliver higher prices to company founders for smaller slices of their businesses.

Mentor Capital’s portfolio includes Nevada Cannabis Ventures, MicroCannaBiz, LLC, Bhang Financial, Bhang Medicinal Chocolate (though this company’s agreement with Mentor is in dispute), GW Pharmaceuticals (with the largest index holding), Brighter Day Health, Shaw Capital Management, and Waste Consolidators, Inc.

Though Mentor Capital reaches both the medical and recreational marijuana industries, it states that it prefers to focus on the medical aspect. The company has even invested in the cancer immunotherapy sector, but plans to completely shift to the cannabis sector eventually.

Founded in 1985, Mentor Capital was formerly the Main Street Athletic Clubs, a chain of gyms in California. It was reinvented as Mentor Capital, Inc in 2008, and started to make investments in the cancer sector. Mentor states that when this sector experienced a collapse, the company decided to switch to the cannabis space.

In the OTC markets, Mentor Capital, Inc trades under the symbol MNTR, with a market cap of USD 5.51 M. Its company leaders are Chester Billingsley, Founder, CEO, and President; Lori J. Stansfield, CFO; and James J. Blazeck, Director.


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Latest Financial News for MNTR

Mentor Capital Reports 3rd Quarter 2019 10-Q

Mentor Capital, Inc. (MNTR) announced that it had filed its quarterly 10-Q filing for the third quarter ended September 30, 2019, with the Securities and Exchange Commission. The Company reports that for the quarter ended September 30, 2019 Mentor had revenues of $1,071,337 and gross profit of $248,538 with a resulting net loss attributable to Mentor of ($336,816) or (1.5 cents) per share. This is an increase over the prior quarter ended September 30, 2018, in which Mentor had revenues of $1,031,622 and a decrease compared to the prior year quarter gross profit of $300,501 and resulting net income attributable to Mentor of $77,224 or 0.3 cents per share.

Mentor Capital Reports 1st Quarter 2019 10-Q

SAN DIEGO, CA / ACCESSWIRE / May 16, 2019 / Mentor Capital, Inc. (OTCQX: MNTR) announced that it had filed its quarterly 10-Q filing for the first quarter ended March 31, 2019, with the Securities and Exchange Commission. The Company reports that for the quarter ended March 31, 2019, Mentor had revenues of $1,075,995 and gross profit of $370,374 with a resulting net loss attributable to Mentor of ($2,406,595) or (10.4 cents) per share. This is a revenue increase from the prior year quarter ended March 31, 2018, in which Mentor had revenues of $1,016,199 and gross profit of $345,707 with a resulting net loss attributable to Mentor of ($151,704) or (0.7 cents) per share.

Mentor Capital Reports 66% 2018 Revenue Increase in 10-K

SAN DIEGO, CA / ACCESSWIRE / March 29, 2019 / Mentor Capital, Inc. (MNTR) announced that it had filed its annual 10-K filing for the year December 31, 2018, with the Securities and Exchange Commission. The Company reports that for the year ended December 31, 2018 Mentor had revenues of $5,281,533 and gross profit of $1,582,599 with a resulting net loss attributable to Mentor of ($409,161) or (1.8 cents) per share. The Mentor Capital, Inc. parent company has no non-affiliate debt and collected a net payment of $1,758,949 on January 23, 2018 in satisfaction of the Company's judgment against Bhang Corporation.