Mentor Capital, Inc. (OTC Markets: MNTR) announced its first half consolidated operating results today in preparation to audit submission. The complete financial filing can be viewed at the company’s Filings and Disclosure page at the OTCMarkets.com website under the Mentor Capital ticker (MNTR).
On an unaudited basis the company, as of June 30, 2014, reports that it holds $907,551 in cash, $4,663,107 in current assets with consolidated total assets of $6,050,052. Non-affiliate liabilities total $151,745 and common equity is $4,525,182. The six month revenues were $998,923 ($1,997,846 annualized rate) and it operated at a net loss of $452,193 or approximately a loss of 4 cents per share across 10,468,072 average diluted shares outstanding during the first half.
About Mentor Capital: By acquisition or stock purchase, Mentor Capital, Inc. seeks to invest in leading cannabis companies. Additional important information for investors and founders seeking expansion funding is presented at: www.MentorCapital.com.
Forward-Looking Statements, Safe Harbor and Risk Descriptions are Incorporated by Reference from the MNTR Company Web Site above.
Chet Billingsley, CEO