Mentor Capital Inc (MNTR)

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Is the MNTR CEO (Chester Billingsley) dumping shares?

From June 13, 2014 MNTR Press Release:

MNTR "will also rescind the recent loan to me (Chester Billingsley, MNTR CEO) that extended my share ownership by an extra 2 Million shares by exercising my warrants early.....it will be rescinded and things set back as they were."

So, is Chester selling the shares back to MNTR?

Or selling the shares on the open market?

Or just paying back the "loan" but keeping the shares?

Or cancelling the shares but keeping the profits?

Very curious what "things set back as there were" means.

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