Mentor Capital Inc (MNTR)

[zeekhoe]

NEWS: Mentor Capital Sues Bhang Corp. and Owners for Return of $1.5M

http://www.otcmarkets.com/news/otc-market-headline?id=16364441

Rescission Action Filed in US District Court

SAN DIEGO, Aug 11, 2014 (BUSINESS WIRE) -- Mentor Capital, Inc. (OTC Markets: MNTR) announced that it has filed suit for rescission against marijuana edibles company Bhang Chocolate Company, Inc. and its owners in the United States District Court for the Northern District of California. Mentor Capital seeks the return of the $1.5 million paid to defendants plus interest for these monies paid to Bhang and required by contract to be paid directly to Bhang's owners, Mr. Scott Van Rixel, Mr. Richard Sellers, and Mr. William Waggoner. The defendants have failed to perform and continue to refuse to perform their obligations under the contract between Bhang and Mentor Capital dated February 28, 2014.
About Mentor Capital: By acquisition or stock purchase, Mentor Capital, Inc. seeks to invest in leading cannabis companies. Additional important information for investors and founders seeking expansion funding is presented at: www.MentorCapital.com