Company: MNTR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021833
Chunk: 74

Company: Mentor Capital, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 74
---
 partnership and operated as Mentor Capital, LP until we incorporated in California in 1994.
We were privately owned until September 1996; at which time our Common Stock began trading on the Over The Counter Pink Sheets. Our merger
and acquisition and business development activities have spanned many business sectors, and we went through a bankruptcy reorganization
in 1998. In late 2015, we reincorporated under the laws of the State of Delaware. We have operated in several different industries over
our existence but do not have brand recognition within any one industry.

Failure
to maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act of 2002 could have a material adverse
effect on our stock price.

Section
404 of the Sarbanes-Oxley Act of 2002 and the related rules and regulations of the SEC require annual management assessments of the effectiveness
of our internal control over financial reporting. If we fail to adequately maintain compliance with, or maintain the adequacy of, our
internal control over financial reporting, as such standards are modified, supplemented or amended from time to time, we may not be able
to ensure that we can conclude on an ongoing basis that we have effective internal control over financial reporting in accordance with
Section 404 of the Sarbanes-Oxley Act of 2002 and the related rules and regulations of the SEC. If we cannot favorably assess our internal
controls over financial reporting, investor confidence in the reliability of our financial reports may be adversely affected, which could
have a material adverse effect on our stock price.

We
have indemnified our officers and directors.

We
have indemnified our officers and directors against possible monetary liability to the maximum extent permitted under California and
Delaware law. The managers of Mentor Partner I, LLC, Mentor Partner II, LLC, and TWG, LLC have been indemnified to the maximum extent
permitted under Texas law.

The
worldwide economy could impact the Company in numerous ways.

The
effects of negative worldwide economic events, such as the impact of money printing, inflation, interest rate fluctuations, tariff increases,
recession, climate regulation, economic sanctions, potential banking or currency crises, cybersecurity risks, evolving and sophisticated
cyber-attacks and other attempts to gain access to our information technology systems, the war in Ukraine, the conflicts in the Middle East,
the reoccurring election-related changes in the U.S. federal government’s administration, product and labor shortages, increased