Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 62

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 62
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37-

Net
cash outflows from financing activities for the six months ended June 30, 2025 were $0.

We will seek to raise additional funds through
gold-backed preferred share sales, general debt financing, additional collaborative relationships, and other arrangements to increase
revenues to support positive cash flow.

In
addition, on February 9, 2015, in accordance with Section 1145 of the United States Bankruptcy Code and the Company’s court-approved
Plan of Reorganization, the Company announced a minimum 30-day partial redemption of up to 1% of the already outstanding Series D warrants
to provide for the court specified redemption mechanism for warrants not exercised timely by the original holder or their estates. Company
designees that applied during the 30 days paid 10 cents per warrant to redeem the warrant and then exercised the Series D warrant to
purchase a share at the court-specified formula of not more than one-half of the closing bid price on the day preceding the 30-day exercise
period. The periodic partial redemptions may continue to be recalculated and repeated until such unexercised warrants are exhausted or
the partial redemption is otherwise temporarily paused, suspended, or truncated by the Company.

For
the six months ended June 30, 2025, there were no redemptions of Series D Warrants. There were no redemptions of Series D Warrants in
2024. We believe that if warrants are redeemed and exercised, partial warrant redemptions will provide additional monthly cash for monthly
operations.

Disclosure
About Off-Balance Sheet Arrangements

We
do not have any transactions, agreements, or other contractual arrangements that constitute off-balance sheet arrangements.

Item
3. Quantitative and Qualitative Disclosures About Market Risk.

As
a “smaller reporting company,” as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information
called for by this item.

Item
4. Controls and Procedures.

Evaluation
of disclosure controls and procedures

Management,
with the participation of our chief executive officer and principal financial officer, evaluated the effectiveness of our disclosure
controls and procedures pursuant to Rule 13a-15 under the Exchange Act. In designing and evaluating the disclosure controls and procedures,
management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance
of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that