Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 58

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 58
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 royalty interests in oil and gas properties covering approximately
one-hundred twenty-one (121) wells in the Spraberry Field of the Permian Basin in West Texas, through related public auctions for total
consideration of $1,369,899. The royalty interests entitle the Company to receive a proportional share of revenues generated from the
production of hydrocarbons from the underlying property, without incurring any operating or production costs. The Company also maintains
gold investment and short-term treasury exchange traded funds for the purpose of facilitating investment into the Company to support potential
future energy acquisitions and to collect low-risk interest to offset inflation, respectively.

Business
Approach

Mentor endeavors to maintain a low overhead operation
in order to deliver a higher rate of return on capital to its common and preferred stockholders.

The Company’s primary investment aim is
to acquire revenue-generating energy assets, such as oil and gas royalties, oil service businesses or other private energy operating companies
as viable opportunities for such acquisition(s) become available. Our general headquarters functions are aimed at providing accounting,
legal, and general business support for our larger investment targets and our majority-owned subsidiaries. We monitor our smaller and
less than majority positions for value and investment security. Management also spends considerable effort reviewing possible acquisition
candidates on an ongoing basis.

When involved in energy company acquisitions,
Mentor seeks to take significant positions in these new companies and then seeks to provide public market liquidity for founders, protection
for investors, funding for the companies, and to incubate private companies that Mentor believes to have significant potential. When Mentor
takes a major position in its investees, it provides financial management when needed but leaves operating control in the hands of the
company founders. Retaining control, receiving greater liquidity, and working with an experienced organization to efficiently develop
disclosures and compliance that are similar to what is required of public companies are three potential key advantages to company founders
working with Mentor Capital, Inc.

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The
Company continually works to identify potential acquisitions, investments, and divestitures. While evaluating whether an acquisition
or divestiture may be in the best interests of the Company and its shareholders, no transaction will be announced until that transaction
is certain.

Liquidity
and Capital Resources

The
Company’s future success depends upon its ability to make a return on its investments, generate positive cash flow, and obtain
sufficient capital from non-portfolio-related sources. Management believes they have approximately four years of operating resources
on hand