Mentor Capital Moves Up With Initial Form 10 To Fully Reporting

Mentor CEO, Chet Billingsley, observes, Over the course of 2014 we have progressively stepped up our reporting levels from limited information, to current information, and now, with the completion of two years of financial audits, to fully reporting status with the SEC. We took this step earlier than securities law required because in the uncertain medical marijuana and cannabis sector, detailed and reliable disclosure is critical, especially to institutional investors.

The Form 10 is the first of the 10K, 10Q family of ongoing reports that will now begin to be regularly filed by Mentor Capital with the SEC. Like with any of these reports, the Form 10 is subject to comment by the SEC staff. As the comments, if any, are being resolved, Mentor Capital, Inc. will apply to the OTC Markets Group to move up to being reported on their OTCQB system, according to the company.

The Form 10 which includes 2012 and 2013 audited financials, together with reviewed financials for the first nine months of 2014 can be referenced through the SECs EDGAR system. Inputting the company name, Mentor Capital, Inc. or the company’s CIK code which is 0001599117, will bring up the report.

The Form 10 can also be viewed at the company’s web site at the Investors Corner section under the Disclosures tab, that is at: http://mentorcapital.com/wp-content/uploads/2014/01/Form-10-as-filed.pdf Mentor Capital intends to release a discussion on its reported third quarter financial results, November 21, 2014.

To read more, visit http://finance.yahoo.com/news/mentor-capital-moves-fully-reporting-160700133.html

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