Mentor Capital Inc (MNTR)

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Old MNTR event. Failed attempt to raise cash.

Chester had over 15,000,000 class "D" $7 warrants issued to stockholders coming out of a bankruptcy some years ago.

Billingsley touted this "potential" $100,000,000 as a way to attract companies into short (and usually bitter) relationships with MNTR. For example, Bhang Chocolate.

When the MNTR stock price "miraculously" got above $8 a share for a few hours in March 2014, Chester was able to "call" the warrants.

The stock price soon collapsed. One can sympathize to the poor souls who "got" MNTR stock in this fashion and held it. Those who converted the warrants into stock and immediately sold during the few days that the stock price was above $7 did very well.

Chester reset the strike price for these warrants to $1.60 last June.

If the stock price "miraculously" gets to $2.60, Chester can "call" the warrants again.

Hope this helps.

Do due diligence.