Company: MNTR
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010157
Chunk: 60

Company: Mentor Capital, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 1
Chunk 60
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 common stock, and our ability to access the capital
markets.

-38-

Variable financial conditions can be challenging.

Securing additional sources of financing to enable us to increase investing
in our target markets will be difficult, and there is no assurance of our ability to secure such financing. A failure to obtain additional
financing, or to continue to generate capital from the sale of operating businesses and assets, or to generate positive cash flow from
operations could prevent us from continuing to seek out and invest in larger new companies.

Mentor will continue to attempt to raise capital resources
from related and unrelated parties through the sale of equity and debt. Management’s plans further include monetizing existing mature
business projects and increasing revenues through acquisition, investment, and organic growth.

A failure to obtain financing could prevent
us from executing our business plan.

We anticipate that current cash resources and opportunities
without new inflows would be sufficient for us to execute our business plan for four years after the date these financial statements are
issued. We believe that securing substantial additional sources of financing is possible, but there is no assurance of our ability to
secure such financing. A failure to obtain additional financing could prevent us from making substantial expenditures for advancement
and growth to partner with businesses and hire additional personnel. If we raise additional future financing by selling equity, or convertible
debt securities, the relative equity ownership of our existing investors could be diluted, or the new investors could obtain terms more
favorable than previous investors. If we raise additional funds through debt financing, we could incur significant borrowing costs and
be subject to adverse consequences in the event of a default.

Management voluntarily transitioned to a
fully reporting company and spends considerable time meeting the associated reporting obligations.

Management operated Mentor Capital, Inc. as a non-reporting
public company for over 28 years and approximately 9 years ago voluntarily transitioned to reporting company status subject to financial
and other SEC-required disclosures. Prior to such voluntary transition, management had not been required to prepare and make such required
disclosures. As a reporting company, we may be subject to the Securities and Exchange Act, as amended (“Exchange Act”), the
Sarbanes-Oxley Act, the Dodd-Frank Act, and other securities rules and regulations. If we were listed on an Exchange, we would be subject
to the rules of the Exchange on which we were listed. The Exchange Act requires, among other things, that we file annual, quarterly, and
current reports with respect to our business and