Company: MNTR
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010157
Chunk: 119

Company: Mentor Capital, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 4
Chunk 119
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the Company and matters submitted for shareholder approval, including the election of directors and approval of any merger, consolidation
or sale of substantially all of the assets of the Company. Additionally, due to his position as CEO and Chairman of the Board, Mr. Billingsley
has the ability to control the management and affairs of the Company. The Company’s directors and Mr. Billingsley owe a fiduciary
duty to our shareholders and are required to act in good faith in a manner each reasonably believes to be in the best interests of our
shareholders. As shareholders, Mr. Billingsley and the other directors are entitled to vote their shares in their own interests, which
may not always be in the interests of our shareholders generally.

We face rapid change.

The market for our partners’ and subsidiaries’
products and services is characterized by rapidly changing laws, political climate, technologies, and the introduction of new products
and services. We believe that our future success will depend in part upon our ability to work with companies that develop and enhance
products and services offered in the energy and dispute resolution industries. There can be no assurance that our partners and subsidiaries
will be able to develop and execute products and services or enhance initial products in a timely manner to apply and satisfy customer
needs, achieve market acceptance or address changes in our target markets. Failure to apply and develop products and services and introduce
them successfully and in a timely manner could adversely affect our competitive position, financial condition, and results of operations.

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If we experience rapid growth, we will need
to manage such growth well.

We may experience substantial growth in the size of
our staff and the scope of our operations, resulting in increased responsibilities for management. To manage this possible growth effectively,
we will need to continue to improve our operational, financial and management information systems, will possibly need to create departments
that do not now exist, and hire, train, motivate and manage a growing number of staff. Due to a competitive employment environment for
qualified accounting, technical, marketing, and sales personnel, we may experience difficulty in filling our needs for qualified personnel.
There can be no assurance that we will be able to effectively achieve or manage any future growth, and our failure to do so could delay
market penetration or otherwise have a material adverse effect on our financial condition and results of operations.

We could face product liability risks and may
not have adequate insurance.

Our partners’ and affiliates’ products
may be used in sensitive ways. We may become the