Mentor Capital CEO Discusses Top Marijuana Investment M&A Ranking on Webcast Today
December 18 2014 - 10:56AM
Business Wire
9:00 AM on The Cannabis Investor Webcast, Thursday, December
18th
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.”
Mentor Capital has raised $3.6 Million in fresh capital, has
deployed $1.8 Million during 2014, and maintains a healthy cash
reserve according to the company’s most recent Form 10. “Being well
capitalized and having no non-affiliate debt allows us to avoid
needing to issue excessively dilutive shares that are often seen in
the cannabis public sector,” reports CEO Billingsley. “We have
formalized our reporting, moving up from Pink sheets Limited
Information, to the highest tier deemed Current Information.
January 19, 2015 our Form 10 becomes effective as we move on into
fully reporting status with the SEC.”
The company reports it is also pleased with the performance of
its portfolio companies and investments. Today, one of its
portfolio company holdings, MicroCannaBiz, LLC announced that it
has reached agreements, including joint marketing or co-branding,
with two cannabis oriented membership-based organizations.
According to MicroCannaBiz Chairman David W. Dube, the Cannabis
Chamber of Commerce and the Green Rush Alliance will work with
MicroCannaBiz in connection with the company’s recent launch of its
core publication, the online National Directory of Cannabis
Products and Services covering over 4,500 listed cannabis
companies.
“Our next steps for 2015 include completing the probable
acquisitions in our pipeline and increasing capital for further
acquisition and cannabis related investment from institutions and
accredited investors,” forecasts Mr. Billingsley.
Cannabis investors who would like to view the Mentor Capital
presentation and attend the free online webcast please click on the
link: http://www.cannawebcast.com/ at 9:00 AM Pacific Time today,
and visit the Registration Page.
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.
This press release is neither an offer to sell, nor a
solicitation of offers to purchase, securities.
Forward-Looking Statements: This press release contains
forward-looking statements within the meaning of the federal
securities laws, including statements concerning financial
projections, financing activities, corporate combinations, product
development activities and sales and licensing activities. Such
forward-looking statements are not guarantees of future results or
performance, are sometimes identified by words of condition such as
“should,” “could,” “expects,” “may,” or “intends,” and are subject
to a number of risks and uncertainties, known and unknown, that
could cause actual results to differ materially from those intended
or anticipated. Such risks include, without limitation:
nonperformance of investments, partner and portfolio difficulties,
potential delays in marketing and sales activities, problems
securing the necessary financing to continue operations, problems
encountered in commercializing cannabis products, potential of
competitive products, services, and technologies, difficulties
experienced in product development, difficulties in recruiting
knowledgeable personnel and potential problems in protecting
intellectual property. Further information concerning these and
other risks is included in the Company’s 15c2-11 filing which,
along with other very important information about the Company, can
be found here:
http://mentorcapital.com/disclosures/
The Company undertakes no obligation to update or revise such
forward-looking statements to reflect events or circumstances
occurring after the date of this press release.
Mentor Capital, Inc.Chet Billingsley, CEO(760) 788-4700
Mentor Capital (QB) (USOTC:MNTR)
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