Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 106

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 3
Chunk 106
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 through the sale of preferred and common stock 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 10 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 operating activities. Preparing
and filing periodic reports imposes a significant expense, time, and reporting burden on management. This distraction can divert management
from its operation of the business to the detriment of core operations.

Investors
may suffer risk of dilution following exercise of warrants for cash.

As
of June 30, 2025, the Company had 21,686,105 outstanding shares of its Common Stock trading at approximately $0.046 per share. As of
the same date, the Company also had 4,250,000 outstanding Series D warrants exercisable