Mentor Capital CEO on MoneyShow Cannabis Expert Panels
Business Wire - Mon May 11, 6:55AM CDT
Mentor Capital, Inc. (OTCQB: MNTR) reports that its CEO, Chet Billingsley, will be a guest speaker at two cannabis investment panels this Monday and Tuesday at the MoneyShow being held at Caesar's Palace in Las Vegas. The May 11th panel is titled "Meet the Experts Behind Medical Marijuana: Your Top Investments in this Growing Industry for 2015" and is hosted by Matt McCall, founder of the Penn Financial Group. The Tuesday panel is hosted by Scott Greiper, the founder of Viridian Capital, and covers "Investing in the Next Big High Growth Sector" and will be webcast at 4:45 PM.
Mentor Capital Acquires Cannabis Investor Webcast on 4.20
Business Wire - Wed Apr 22, 7:48AM CDT
Mentor Capital, Inc. (OTCQB: MNTR) reports that it has acquired 100% of Cannabis Investor Webcast as the first member of Mentor Capital's Public Market Incubator Program. "We are extremely pleased to be backing and mentoring founder Derwin A. Wallace who has the creativity, high energy and investor knowledge required to grow and enter his high margin business into the public company ranks," says Mentor CEO, Chet Billingsley. "While his business is groomed for public status, he and his original investors may enjoy public market liquidity by being able to sell the Mentor Capital, Inc. acquisition shares received, after a holding period." The Mentor program allows founders to roll unsold or still retained acquisition shares into any later IPO. At that time, a significant block of the remaining Cannabis Investor Webcast shares may be sent by special dividend into the hands of Mentor Capital's 4,000 shareholders. This essentially creates a second spinoff public company for them, at cost, with a robust cannabis interested trading base. According to Mentor, the spinoff approach avoids the large expense and especially the 10% to 15% ownership slice extracted from owners and then often dumped in the market when a reverse merger is used by private cannabis companies to become public.
Reviews Of 15 Marijuana Stocks Before The Marijuana Investor Summit - Part VI
Anthony Cataldo - at Seeking Alpha - Sun Apr 19, 4:00AM CDT
Mentor Capital Arranges $1.3 Million in Long Term Cannabis Financing at $1.70 per Share
Business Wire - Tue Apr 14, 6:47AM CDT
Mentor Capital, Inc. (OTCQB: MNTR) reports that it has entered into a contract to receive $1,287,000 in funding to support its medical marijuana efforts in exchange for 757,059 shares at a price of $1.70 per share. The long-term funding will be delivered evenly over an eleven year schedule which implies a 17.73% annual growth rate for Mentor Capital, Inc. According to the Company, the investing party will become a 4.9% shareholder in exchange for cash infusions over time equal to approximately 11.5% of the current market capitalization of Mentor Capital.
Mentor Capital Adds Stansfield to Board Supporting Spinoffs
Business Wire - Fri Apr 10, 11:17AM CDT
Mentor Capital, Inc. (OTCQB: MNTR) announced it has appointed Ms. Lori Stansfield, CPA to its Board of Directors effective immediately. Ms. Stansfield will now also add the corporate officer title of Treasurer to her operating role as company CFO. "In addition to comprehensive CFO responsibilities, one strategic function of Mentor Capital that Ms. Stansfield will focus on is to ready future portfolio companies to be spun off as standalone public companies," says Mentor Capital CEO, Chet Billingsley. "Central to Mentor's public incubator role is ensuring cannabis companies we work with have pristine GAAP and SEC compliant financial statements that they will need to become public themselves. As a former Director of Audit Services, Ms. Stansfield is eminently qualified to oversee this process and her authority is strengthened as a director and corporate officer."
Mentor Capital Reports 2014 Revenues of $2.1 Million in 10-K
Business Wire - Tue Mar 31, 1:02PM CDT
Mentor Capital, Inc. (OTCQB: MNTR) announced that it has filed its initial annual 10-K filing for the fiscal year ending December 31, 2014 with the SEC. Mentor CEO, Chet Billingsley, observes, "We voluntarily took this step approximately a year earlier than securities law would require because in the uncertain medical marijuana and cannabis sector, detailed and reliable disclosure is critical, especially to institutional investors."
Mentor Capital Shares Accepted for DTC FAST Program for DWAC and DRS Handling
Business Wire - Mon Mar 30, 12:00PM CDT
Mentor Capital, Inc. (OTCQB: MNTR) reports its application to the Depository Trust Company to qualify Mentor shares for accelerated processing through the DTC Fast Automated Securities Transfer system has been approved. Because the DTC is strictly regulated by the SEC, Treasury and Federal Reserve, Mentor Capital followed DTC guidelines in preparing for FAST acceptance by (i) becoming fully reporting without missing or late reports, (ii) having no name changes, officer changes or stock splits within the last 3 to 5 years, (iii) ensured the company and officers were not involved in fraudulent activities such as pump and dump schemes or as may be evidenced in lawsuits, (iv) avoided Regulation 504D issuances or other unregistered resales, (v) avoided Pink Sheet "Halt" or "Yield" statuses, and (vi) grew the company to ensure it was not too small or the financials were not large enough.
Building A 'Risk-Adverse' Pot Stock Portfolio
Matthew Finston - at Seeking Alpha - Mon Mar 09, 12:06AM CDT
Pot Stock Crash Redux: $23.3B Loss?
Matthew Finston - at Seeking Alpha - Sun Mar 08, 12:42AM CST
48 Marijuana Stocks - A Post-Mortem: Part II
Anthony Cataldo - at Seeking Alpha - Wed Mar 04, 7:36AM CST
INSY: 59.00 (+0.17), FULL: 3.52 (-0.01), CARA: 9.99 (-0.14)
Mentor Capital Moves to OTCQB Venture Stage Market Feb 10th
Business Wire - Mon Feb 09, 7:05AM CST
Mentor Capital, Inc. (OTC Pink: MNTR) reports it received confirmation from OTC Markets Group that on February 10, 2015, Mentor Capital will move up to the OTCQB venture stage marketplace for early stage and developing companies under the newly modified ticker (OTCQB: MNTR). Mentor Capital CEO, Chet Billingsley, observes, "As we move to provide significant public market liquidity for medical marijuana company founders, it is important for participating institutional and public investors to have confidence in those associated cannabis related business disclosures. Mentor will now be able to provide that transparency into the otherwise uncertain marijuana sector by the combination of the required OTCQB certification, OTC Markets company profile postings, full EDGAR SEC reporting, and the SEC recognition of OTCQB as an Established Public Market."
CannabisFN: What to Watch in the Week Ahead
ACCESSWIRE - Tue Jan 20, 1:00PM CST
WHITEFISH, MT / ACCESSWIRE / January 20, 2015 / The cannabis industry began the new year on a high note, with the Marijuana Index(TM) rebounding off of its 52-week lows established on December 31, 2014. With Peter Thiel's big decision to invest in the pot industry and favorable new legislation being introduced, investors' appetite for marijuana stocks could be on the rise in 2015 after a rough end to 2014. The venture market for weed stocks has also been on the rise, which suggests that some big-name initial public offerings could be on the way as the industry matures.
MGW.VN: 0.060 (unch)
Mentor Capital CEO Discusses Top Marijuana Investment M&A Ranking on Webcast Today
Business Wire - Thu Dec 18, 9:56AM CST
Mentor Capital, Inc. (OTC Markets: MNTR) CEO Chet Billingsley will present today on The Cannabis Investor Webcast covering the key factors that led to Mentor Capital's listing as the #1 ranked Investment / M&A firm in the cannabis sector by Viridian Capital & Research in their just released Cannabis Industry Report. This follows Mentor Capital being reported in Forbes Online as one of "The 8 Hottest Publicly Traded Marijuana Companies."
American Cannabis Company, A Delaware Corporation, Joins The List Of At Least 46 Other Marijuana Stocks
Anthony Cataldo - at Seeking Alpha - Sun Dec 07, 5:36PM CST
GWPH: 112.25 (-0.07), FULL: 3.52 (-0.01)
Mentor Capital Selects Colorado Auditor for the Next Phase of Its Medical Marijuana and Cannabis Business
Business Wire - Fri Dec 05, 8:42AM CST
Mentor Capital, Inc. (OTC Markets: MNTR) announced that it has engaged BF Borgers CPA PC as its new public accounting firm and has filed a Form 8-K with the SEC through the EDGAR system detailing this move to the Colorado based auditor. Mentor CEO Chet Billingsley observes, "Given our ongoing medical marijuana and cannabis focus, it made sense to move to an auditor in a state where many cannabis businesses are active and marijuana has been legalized at the state level. This further supports our earlier 2014 actions to progressively step up our reporting levels from limited information, to current information, and with the recent completion of two years of financial audits and an initial Form 10 filing, toward being fully reporting with the SEC."
Mentor Capital Issues Q3 Financials with $1.5 M Revenue YTD
Business Wire - Fri Nov 21, 10:31AM CST
Mentor Capital, Inc. (OTC Markets: MNTR) announced its third quarter consolidated financial results in conjunction with its Form 10 filing which included 2013 and 2012 audited financial reports. The complete financial filing can be viewed at the company's web site, at www.sec.gov and at the company's Filings and Disclosure page at the OTCMarkets.com website under the Mentor Capital ticker (MNTR).
Mentor Capital Moves Up to Fully Reporting with Initial Form 10
Business Wire - Thu Nov 20, 10:07AM CST
Mentor Capital, Inc. (OTC Markets: MNTR) announced that it has filed its initial Form 10 through the EDGAR system and has opted to become fully reporting with the SEC. 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."
Mentor Capital CEO Discusses Marijuana Investment in Forbes Magazine
Business Wire - Tue Nov 04, 12:03PM CST
Mentor Capital, Inc. (OTC Markets: MNTR) is pleased that on election day Mentor's comments on marijuana investing and the important topic of marijuana legalization are covered by Mark Fidelman in Forbes Magazine. He writes: "Will the federal government's tacit overlooking of the national cannabis laws continue?" "The process of stepped legalization has started and continuing prospects look promising." "Two-thirds (2/3) of the analysts love the potential of the marijuana industry since the $50 billion market is already developed, albeit illegal."
Mentor Capital CEO Discusses Marijuana and Ethics in Management Today Magazine
Business Wire - Wed Oct 22, 10:29AM CDT
Mentor Capital, Inc. (OTC Markets: MNTR) is pleased to be on the cover in the "In Defense of Business Ethics" Fall 2014 edition of Management Today. Mentor CEO and article author, Chet Billingsley explores how "businesspeople are the stewards of the assets of society" and the excess value they produce improves our world. They are the players that advance the game while governments have only a referee-like role. Understanding the different and often religiously-based ethical systems that vary across our shrinking world reduces friction in business dealings. This improves the slim margins that compound to make our children's lives better than our own.
Mentor Capital's MicroCannaBiz Launches Cannabis Directory
Business Wire - Tue Oct 21, 9:15AM CDT
Mentor Capital, Inc. (OTC Markets: MNTR) announced today that one of its portfolio company holdings, MicroCannaBiz, LLC, has officially launched its latest publication, the online National Directory of Cannabis Products and Services. The business-to-business directory covers all marijuana-related companies with direct or indirect business participation in the medical and recreational marijuana industry, including third party product and service providers as well as associations, industry organizations and not-for-profit organizations. The platform provides a broad and detailed array of information, displays advertising banners and allows for specialized database marketing programs. The directory has over 4,500 listed cannabis companies distributed across twenty-two industry classifications. There is no cost for medical marijuana or casual use cannabis organizations to be included as a listing. MicroCannaBiz has begun to monetize its efforts as businesses purchase specialized listing, advertising or subscribe for ongoing access to the directory.