Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 263

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 263
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 are the stewards of the assets of society. If we are good and faithful
in our work, the world becomes a better place.” We are to avoid “carelessness” and “waste” and comply with
applicable governmental laws, rules, and regulations at all levels of government in the United States and in any non-U.S. jurisdiction
in which the Company does business. We are to “act in good faith, with due care, and shall engage only in fair and open competition,
by treating ethically competitors, suppliers, customers, and colleagues.”

Environment

Continuing
Operations

Management
continually seeks to improve and make decisions that legitimately and scientifically eliminate negative impacts and promote our
ethical goal of stewardship of society’s assets for first, the greater good of our shareholders, and in a second and
supporting way, our stakeholders, the public, and future generations. In part, we accomplish these goals by ensuring that we engage
in environmentally and socially responsible decisions, including decisions aligned with energy efficiency and waste avoidance. The
principles of respect for others in the form of fair compensation based on merit, and good faith business dealings irrespective of
race, alienage, national origin, religion, or gender have been a management priority for forty years. We will continue our efforts
to treat others with fairness and respect, seek corporate opportunities that benefit shareholders and align with our ethical
stewardship principles, and avoid conflicts of interest to help ensure that our conduct remains consistent with our Code of
Ethics.

35

Discontinued
Operation

Our
discontinued operation provided cost-effective, environmentally responsible waste management disposal services in Phoenix, Austin, San
Antonio, Houston, and Dallas by assisting its customers in managing and reducing excess waste from collection to disposal. It ensured
that the property locations of its clients were clean and maintained through its responsible, timely, and environmentally friendly waste
consolidation, bulk item pickup, general property maintenance, and one-time clean-up services. Additionally, our discontinued operation
delivered a portion of the waste it collects to facilities that recover, recycle, and reuse waste products to support cleanliness and
environmental sustainability.

Item
11. Executive Compensation.

The
following table summarizes all compensation recorded by us in each of the last two completed fiscal years for our principal executive
officer and each other executive officer whose annual compensation exceeded $100,000. The value attributable to any option awards, if
any, is computed in accordance with FASB ASC 718