Mentor Capital Inc (MNTR)

[mlgreen875]

Quote from Yahoo Finance MNTR Conversation section:

"(Name) has been 'Billingsleyed'. In March 2014, Chet received an extra $258,396 in cash from Mentor. Chet's newest wife is also an employee of Mentor -- we can assume that she receives a salary, so that is also available in addition to Chet's $120,000 salary. Chet's oldest graduates this May from a school that charges around $11,000 for out-of-state tuition.
Chet has sold off around 340,000 shares (so far) for around $360,000. Surely this will cover college expenses for one more son(?)(sic)
Will $380,000 plus $258,000 ($638,000) plus his salary plus his new wife's salary plus the earning of the boys' mom pay for college expenses?"

Chester's "I'm selling to cover tuition" line sounds like something he tested on "friends" and trotted out as an excuse for his dumping MNTR shares.

I would also ask "Did he know his sons were going to college when he got that $258,000 lump sum payment is 2014"?

Is none of that available for college expenses?

Did he throw that money away like he did when MNTR got cash ($1.5 million to Bhang; $620,000 to someone somewhere for "insurance"; $100,000 for failed Microcannabiz; $100,000 for a Nevada MJ investment firm; $100,000 "loan" to Electrum (whatever that is)?

Billingsley Business Brilliance

Do due diligence