Mentor Capital Anchors Women Grow Event on Cannabis Funding
First Dollar Family and Friends Funding to Going Public by Mentor Spinoff Explained by CEO
SAN DIEGO--(BUSINESS WIRE)-- Mentor Capital, Inc. (OTCQB: MNTR) reports that CEO, Chet Billingsley, presented and explained the range of financing options available over the life cycle of a cannabis business. The packed audience was gathered at the Women Grow event in Orange County and included Mentor shareholders, marijuana entrepreneurs and potential candidates to be taken public by Mentor Capital via spinoff to its shareholders. Family and friends financing, grants, SBA loans, private placements, the emotions of asking for funds, reverse mergers and founder’s risks on Wall Street were all personally familiar topics discussed by CEO Billingsley who founded Mentor with $1,000 and grew that small savings into the leading M&A and Investment public company in the cannabis sector.
Barbie Sommars, Vice-Chair of the Women Grow Chapter, was pleased, “Chet’s presentation was invaluable to our network that ranged from the cannabis curious to the experienced professional.” Founding Chair, Frances Schauwecker, adds, “The fundraising knowledge was just what the doctor ordered.”
The next meeting of the Women Grow Orange County Chapter will cover marijuana growing and will be held on July 7, 2015 at 8:00 pm in the NORML offices at 117 West Fourth Street, in Santa Ana, CA.
About Mentor Capital: The Company seeks to take significant positions in medical marijuana and cannabis companies to provide public market liquidity for founders, protection for investors and to incubate private cannabis companies that have the potential to be spun off as stand-alone public companies. Additional important information for investors is presented at: www.MentorCapital.com.
This press release is neither an offer to sell, nor a solicitation of offers to purchase, securities.
Forward Looking Statements: This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning financial projections, financing activities, corporate combinations, product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance, are sometimes identified by words of condition such as “should,” “could,” “expects,” “may,” “intends,” “seeks,” “looks,” “moves,” or “plans” and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: nonperformance of investments, partner and portfolio difficulties, potential delays in marketing and sales, problems securing the necessary financing to continue operations, problems involving continued illegality of cannabis products, potential of competitive products, services, and technologies, difficulties experienced in product development, in recruiting knowledgeable personnel and in protecting intellectual property. Further information concerning these and other risks is included in the Company’s 10K/Q filings which, along with other very important information about the Company, can be found here:
The Company undertakes no obligation to update or revise such forward-looking statements to reflect new information, events or circumstances occurring after the date of this press release.
Chet Billingsley, CEO
Mentor Capital, Inc.
(760) 788 - 4700
Source: Mentor Capital, Inc.
Released June 5, 2015