Company: MNTR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011889
Chunk: 95

Company: Mentor Capital, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 2
Chunk 95
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, and likely will, differ materially from those anticipated in such forward-looking statements as a result of many factors,
including those set forth above and elsewhere in this report and including factors unanticipated by us and not included herein. Although
we believe that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee future results, levels
of activity, performance, or achievements. Neither we nor any other person assumes responsibility for the accuracy and completeness of
these statements. Accordingly, we caution readers not to place undue reliance on these statements. Where required by applicable law,
we will undertake to update any disclosures or forward-looking statements.

If
we are unable to protect our royalty interests and property, our competitive position would be adversely affected.

We
and our partners and subsidiaries intend to rely on contracts and agreements with third-parties to protect our property rights. If
we, or our affiliates and partners, fail to protect property rights, including our royalty interest rights, our business, financial
condition, and results of operations would suffer. In the future, we may be forced to pay significant amounts to defend our rights,
and a substantial amount of the attention of our management may be diverted from our ongoing business, all of which would materially
adversely affect our business.

We
depend on our key personnel and may have difficulty attracting and retaining the skilled staff and outside professionals we need to execute
our growth plans.

Our
success will be dependent largely upon the personal efforts of our Chief Executive Officer, Chet Billingsley. The loss of Mr. Billingsley
could have a material adverse effect on our business and prospects. Currently, we have two full-time employees, and we substantially
rely on the services provided by outside professionals. To execute our plans, we will have to retain our current employees and work with
outside professionals who we believe will help us achieve our goals. Competition for recruiting and retaining highly skilled employees
with technical, management, marketing, sales, product development, and other specialized training is intense. We may not be successful
in employing and retaining such qualified personnel. Specifically, we may experience increased costs in order to retain skilled employees.
If we are unable to retain experienced employees and the services of outside professionals as needed, we may be unable to execute our
business plan

Founder
and CEO Chet Billingsley, along with other members of the Company’s Board of Directors, have considerable control over the company
through their aggregate ownership of approximately 15.12% of the outstanding shares of the Company’s