Mentor Capital Inc (MNTR)

[westendgreen]

I think there is no surprise here that the warrant price would be reduced.

In reading the financials, Mentor is being very straight forward with what is going on. Mentor has enough cash to go forward and reiterated it's position that it believes it is honoring the signed contract with Bhang. With the lowered warrant price, it appears that the door is still open for Bhang to receive more cash in the near future. Also, what is telling is the comment that Bhang wants to alter some of the agreement (versus total refusal).

Is Bhang's posturing nothing more than an attempt to improve their position in the contract?

This story is far from over.