Articles from Mentor Capital, Inc.

Mentor Capital, Inc. (OTCQB: MNTR) reports that at this time, 100% of its Core Holdings that support its issued and outstanding Preferred Shares are backed by gold bullion set initially at today’s valuation of $100,928 per kilogram. The preferred gold holdings will not bear operating cost. The purpose is to allow accredited investors to immediately invest, and then move into suitable Mentor energy assets and projects selected by management at a normal pace. Upon selection, the energy asset, which will then begin to bear a ratio of associated costs, will be rotated into the Core Holdings and an equal value in gold will be rotated back to Mentor’s operations in a ledger transaction. Since initiated in June 2018, the Series Q Preferred Shares have delivered an average 11.03% compound annual rate of return for its accredited investors over that almost seven-year period. There is a 5% load added to exit by conversion into Mentor Common shares that can then be sold according to public market regulations. The changing common share conversion closing price is based on a date periodically specified by management, which is currently September 17, 2024. This calculates out to a conversion of preferred to common at 10.5 cents per common share.

Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all-cash transaction it has added eight additional lots to its recent holdings of various royalty interest participations in the West Texas Permian Basin. Mentor’s purchased royalty streams pay out a portion of the revenue from oil and gas production “off the top” with no responsibility to pay the expenses of the underlying production. This recent additional purchase, on a cost basis, increases Mentor’s overall ownership of assets in the classic energy sector of oil and gas, coal and uranium by approximately 27.5%.

Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all cash transaction it has purchased a 25.127 net royalty acre portion of a producing 71 well pooled project in the West Texas Permian Basin. Mentor’s purchased royalty stream is the equivalent to 12.5% “off the top” of oil and gas revenues for its acreage, with no responsibility to pay any expenses. During the preceding six-months, the average production for Mentor’s portion has been recorded as 10 barrels of oil per day, plus 24,000 cubic feet of natural gas per day. Additionally, 16 well locations in the Dean and Wolfcamp formation remain in project inventory pending development by the major operator, Diamondback E&P LLC.

Mentor Capital, Inc. (OTCQB: MNTR) reported a closing share price of $0.056 per share in its quarterly Form 10-Q filing for the third quarter ended September 30, 2024, filed with the Securities and Exchange Commission. After the third-quarter end, Mentor received a material subsidiary divestiture cash payment equal to an added $0.048 per share, resulting in today’s net debt-free cash and equivalents holdings of approximately $0.121 per share. The Company calculates that today’s value of the existing net cash and equivalents per share of the business, is over 200% of the market price of the Company's stock price.

Mentor Capital, Inc. (OTCQB: MNTR) reports that the Company has thus far repurchased 2,855,712 of the Company’s previously outstanding shares through independent broker public market purchases. This ongoing stock repurchase program is intended to return cash from operating and business sale activities to shareholder investors and is Mentor’s third such stock buyback.

Mentor Capital, Inc. (OTCQB: MNTR), a classic energy company, in its 2023 10-K, reported cash of $0.10 per share with no net debt versus today’s share price of $0.04 per share. During 2023, the Company announced that the theoretical cash breakup value of the business may exceed the price of the stock. In support and response, three directors, including the CEO, purchased a total of 2,128,117 Mentor common shares. Commencing in June 2023, the Company initiated and soon thereafter completed the stock repurchase of the final 255,252 of a 300,000 share repurchase plan. During the fourth quarter of 2023, the Board of Directors of the Company approved a second stock repurchase plan authorizing the Company to repurchase up to 3,000,000 shares of the Company’s common stock. The second stock repurchase is anticipated to start during the spring of 2024.

Mentor Capital, Inc. (OTCQB: MNTR) reported revenue of $8,490,515 for the trailing twelve months or $0.37 per share against a market capitalization of $918,787 at a corresponding share price of $0.041 per share in its quarterly Form 10-Q filing for the third quarter ended September 30, 2023, filed with the Securities and Exchange Commission. The Company had announced its estimate that the theoretical cash breakup value of the business, net of liabilities, may significantly exceed the current market price of the Company's stock.

Mentor Capital, Inc. (OTCQB: MNTR) announced it completed its move into the classic energy sector on November 2, 2023, with the majority of the Company’s non-cash assets, as planned, now springing from uranium, coal, oil and gas related royalties, companies, or projects. Mentor specifically initiated this shift of its planned focus into the classic energy sector on May 24, 2023, with the first of paced energy stock purchases in a newly created Mentor Classic Energy Index. During the approximately five months since its creation, through to November 2nd, the Mentor Classic Energy Index has appreciated 10.2%. During that same five-month period, the Mentor Capital, Inc. closing share price increased 390%, with the closing share price gain continuing at 67.8% during the latest one-month period of October 2023.

Mentor Capital, Inc. (OTCQB: MNTR) reports the sale to a strategic buyer of Mentor's legacy 51% stock interest in an Arizona-based trash consolidating business for $5.0 million in cash received October 4, 2023, plus $1.0 million in an additional note payable due in one-year, pending any unforeseen adjustments. This compares to Mentor's current market capitalization of $930,000 and recent book value of approximately $1,640,000. On June 30, 2023, Mentor estimated and reported that "the theoretical cash breakup value of the business, net of liabilities, may significantly exceed the current market price of the Company's stock."

Mentor Capital, Inc. (OTCQB: MNTR) Reported revenue of $8,269,003 for the trailing twelve months or $0.36 per share against a market capitalization of $606,799 at a corresponding share price of $0.026 per share in its quarterly Form 10-Q filing for the second quarter ended June 30, 2023, filed with the Securities and Exchange Commission. The Company estimates that the theoretical cash breakup value of the business, net of liabilities, may significantly exceed the current market price of the Company's stock.

Mentor Capital, Inc. (OTCQB: MNTR) announced 22% annualized sales growth to $8,031,952 for the trailing twelve months or $0.35 per share against a market capitalization of $825,889 and at a corresponding share price of $0.036 per share in its quarterly Form 10-Q filing for the first quarter ended March 31, 2023, filed with the Securities and Exchange Commission.

Mentor Capital, Inc. (OTCQB: MNTR) announced 28% annualized sales growth to $7,705,715 for the trailing twelve months or $0.34 per share against a share price of $0.05 per share in its annual Form 10-K filing for the fourth quarter ended December 31, 2022, filed with the Securities and Exchange Commission.

Mentor Capital, Inc. (OTCQB: MNTR) announced 25% annualized sales growth to $7,472,367 for the trailing twelve months or $0.33 per share against a share price of $0.05 per share in its quarterly Form 10-Q filing for the third quarter ended September 30, 2022, filed with the Securities and Exchange Commission. During and subsequent to the quarter-end, Mentor collected cash from two maturing side investments totaling $705,370, which exceeds 50% of the Company's entire public market valuation.

Mentor Capital, Inc. (OTCQB: MNTR) announced annualized sales of $7,034,692 for the trailing twelve months or $0.31 per share against a share price of $0.04 per share in its quarterly Form 10-Q filing for the second quarter ended June 30, 2022, filed with the Securities and Exchange Commission.

Mentor Capital, Inc. (OTCQB: MNTR) announced annualized sales of $0.32 per share against a share price of $0.05 per share in its quarterly Form 10-Q filing for the first quarter ended March 31, 2022, filed with the Securities and Exchange Commission.

Mentor Capital, Inc. (OTCQB: MNTR) reported a year-end price of 5 cents per share in its annual 10-K filing for December 31, 2021, with the Securities and Exchange Commission.

Mentor Capital, Inc. (OTCQB: MNTR) announced in its 10-Q filing for the third quarter of 2021 that revenues increased 21.2% and gross profit 30% during the third quarter compared to the same quarter in 2020. Trailing twelve-month revenues increased 15.2% to $5.47 million or 23.9 cents per share compared to a closing share price of 8.86 cents on November 13, 2021, corresponding to a current market capitalization of $2.02 million.

Mentor Capital, Inc. (OTCQB: MNTR) announced in its 10-Q filing for the second quarter of 2021 that revenues increased 18.4% and gross profit 2.8% during the second quarter compared to the same quarter in 2020. Compared to one year earlier, trailing twelve-month revenues increased 15% to $5.21 million or 22.8 cents per share. The August 13, 2021 closing Mentor share price was 10.8 cents per share, corresponding to a current market capitalization of $2.46 million.

Mentor Capital, Inc. (OTCQB: MNTR) announced in its 10-Q filing for the first quarter of 2021 that revenues increased 15% during the first quarter compared to the same quarter in 2020. Compared to one year earlier, trailing twelve-month revenues increased 14% to $5.0 million or 22 cents per share. The May 17, 2021 closing Mentor share price was 11 cents per share, corresponding to a current market capitalization of $2.5 million.

Mentor Capital, Inc. (OTCQB: MNTR) announced that it will be participating in the Coinbase IPO today on behalf of Mentor shareholders, and is adding a cryptocurrency and Bitcoin focus for any ongoing excess cash of Mentor. Mentor Capital, Inc. CEO, Chet Billingsley notes, “As Covid-19 drops off, we are rotating out of our efforts in the Covid business segment. Mentor has also exited our small initial portfolio in public vaccine companies and will apply those funds into the Coinbase IPO today.”