Mentor Capital Inc. - MNTR STOCK NEWS

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. The Company 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 sold its interest in a subsidiary unit in a $6,000,000 transaction comprised of $5,000,000 in cash and a $1,000,000 one-year note. For the nine months ended September 30, 2023, Mentor had revenues of $6,432,616 and a gross profit of $2,281,216, with a resulting net loss attributable to Mentor of (1.5) cents per share. The Company had 22,686,105 common shares and 11 Series Q convertible preferred shares outstanding, plus 6,250,000 Series D warrants outstanding with an exercise price of $1.60 per share, and 413,512 Series H warrants that an investment bank holds at a $7.00 per share exercise price. The Company's shares finished the quarter at a closing price of $0.041 per share, representing a market capitalization of $918,787 compared to a 2022 year-end closing price of $0.050 per share and a corresponding market capitalization of $1,147,068. The Series Q Convertible Preferred Stock, for accredited investors, first valued at $10,000 per share on May 30, 2018, was valued at $20,843 per share on September 30, 2023, which is an approximate 15.5% average compound annual rate of return over each of the last five years. The Company is managed by Chairman and CEO Chet Billingsley (71), who founded Mentor Capital first as an acquisition partnership in 1985.

Mentor Capital, Inc. (MNTR) Completes Transition into Classic Energy Sector, Launches Proprietary Mentor Classic Energy Index with Major Energy Companies Exxon and Chevron. The index has appreciated 10.2% since its creation, coinciding with a 390% increase in Mentor Capital's share price over the past five months. Major components of the index include Exxon, Chevron, Occidental, Cameco, and Arch. The index is not open to outside investment and reflects the general state of the classic energy market.

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Mentor Capital, Inc. reported revenue of $8,269,003 for the trailing twelve months or $0.36 per share. The company estimates that the theoretical cash breakup value of the business may exceed the current market price. Mentor had revenues of $4,280,805 and a gross profit of $1,606,082 for the six months ended June 30, 2023. This represents a 15.15% increase in revenue and a 25.10% increase in gross profit compared to the prior-year quarter. The company had 22,941,357 common shares and 11 Series Q convertible preferred shares outstanding. A total of 232,852 shares were repurchased under the long-term share repurchase plan. The company's shares finished the quarter at a closing price of $0.026 per share, with a market capitalization of $606,799.