MNTR is another stock to add to your watch list gaining over 55% today!
MNTR traded over 1.5 MILLION shares and could get the type of attention it needs to move more in the trading days to come!
We strongly believe that this company can blow up because just today it traded 10 times the average volume!
MNTR just received 2 MILLION dollars in backing, not to mention the funding was for a medical marijuana company!
Read the recent news below:
Mentor Capital, Inc. (OTC Markets: MNTR) announced that it has agreed to provide $2 Million in funding for The Cannabis Advocacy Machine. Mentor Capital CEO, Chester Billingsley, explains that behind any political initiative there is a commercial enterprise in the business of developing data and statistics, directing advertisement, and maintaining proprietary software systems. The Cannabis Advocacy Machine, a division of The Machine Corporation, is providing Moneyball-like direction and support that is key to that process for the legalization of cannabis across the country. "Signing a letter of intent for 20% of The Machine Corporation under the nationally experienced leadership of the first tier team with Joe Brezny, aims to accelerate the legislative initiatives critical to the lifting of marijuana prohibition, in what may be a surprisingly profitable manner."
CEO, Joe Brezny adds, "We are extremely pleased to be receiving expansion funding from Mentor Capital. We retain complete operating control and our agreement allows us to participate in a majority of the public market value increase that our profits generate." The Mentor Capital website outlines the company plan to provide $140 Million to leading cannabis brands, helping develop them into all-American businesses. Mr. Brezny concludes, "Our goal is to expand our data-driven solutions for legalizing cannabis nationwide, and Mr. Billingsley's square corner approach appeals to me. He is trying to back solid founders with solid cannabis businesses and I'm happy to join in and help."
About MNTR: Mentor Capital, Inc. is a private equity firm specializing in acquisitions. The firm provides passive equity funding and liquidity to smaller companies and owners. It invests in shelf IPOs and public and private companies and seeks to provide public market access to owners of small private companies. In case of shelf IPOs, the firm prefers to invest in companies with sales greater than $40 million. It prefers to have a board seat in its portfolio companies. The firm invests only in companies that have earnings. Mentor Capital, Inc. is based in Ramona, California.
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