Pure speculation on your part.

Show me some proof the money is lost

By: EmailWire.Com Press Releases

June 11, 2014 at 03:00 AM EDT


Ravensburg Capital Corporation Luxembourg


(EMAILWIRE.COM, June 11, 2014 ) Kirchberg, Luxembourg -- Ravensburg CEO announced today that A force majure' prevented funds from a recently closed March 10, 2014, loan to Mentor Capital, Inc. from being transferred out of Europe. International fund transfer issues have not yet been able to be resolved with oversight agencies. Ravensburg has authorized a release of escrow assets and CDI guarantees back to Mentor Capital, Inc, until such fund transfer issues receive government and central banking approval.



We are hopeful that conditions will improve in the very near future which will enable the completion of financial transactions effected by recent events in Eastern Europe and in particular Ukraine.

Ravensburg Capital remains committed to Mentor Capital M&A program and look forward to move forward when conditions permit.

Ravensburg Capital Corp

Mr. Hans Fletcher

+358923193986

info@ravensburgcapital.com

HaHa - The $600,000 plus default insurance money has been found

NY - new potential market for Bhang

Looks like NY has agreed to legalize medical marijuana - smoking not allowed so far but edibles OK

Last I checked I was still me and my name is not Chet. Can't a person offer an opinion here without being accused of being Chet. Not everybody shares the depths of your despair over Mentor or should I say Chet.

IBISWorld Research published a report that determined the medical marijuana industry revenue could reach $8.4 billion by 2019. That's a growth rate of 18.7% annually. Revenue is expected to grow 63.1% in 2014 alone. However, analyst David Yang points out there are many headwinds facing the industry, such as the regulatory environment and the restrictive barriers to entry. Surprisingly edible marijuana products command 54% of the marijuana market share. Because of the various state laws, medical marijuana is mostly a small business operation, but it expected to pay over $750 million in wages.


Wow. Never knew edibles commanded such a large part of the market. That's good news for Bhang and Mentor Capital. There is the potential for tremendous growth. From what I have read before Bhang and Dixie seem to be the most recognizable brands. Of the two only Bhang through Mentor is open to public investing. Dixie is now a private company what with it's split from MJNA.

I can easily think of several MJ related CEO's doing a much worse job than Chet at Mentor:

Michele Sides of MJNA (creative accounting & the loss of Dixie) & the CEOS of CANN (now grey mkt) , PHOT (now grey mkt) & CANV (a pack of lawyers on their trail)

I have to grant that you are quite intense about Mentor without revealing whatever your motivation might be.

Mentor is more than just Chet. Since Bhang is now a part of Mentor and Scott is a board member his input carries quite a bit of weight. The new CPA and former DOJ official don't appear to be lightweights either. As far as informing shareholders, Chet seems to be doing a better job than most.

I am a shareholder and the above is my opinion

The Bhang purchase is a done deal. If the loan failed to come through, Mentor can complete the balance of the $9,000,000 in stock. Mentor had more cash on hand than most MJ companies as of the last financials. You can be sure that Bhang is generating cash as we know they are selling product in at least five states.
Considering that this entry into the MJ business is still at an early stage, I believe Mentor is in pretty good shape.

As mlgreen says don't risk money you can't afford to lose. However if you have some extra money and are interested in getting in on the ground floor of the MJ business, there are a lot of worse places to be.

Looks like SMVR wants to copy Mentor. They don't seem to own any actual company that sells THC marijuana yet. They also have over a billion shares outstanding and a share price under a penny

I looked at their April financials and only saw a one liner about cannabis. Its mainly about it's oil business in places like Uganda and Azerbaijan.

They might qualify someday as a public company that sells MJ but no cigar yet.

So again what other public company than Mentor is a direct seller of a MJ product?

I don't work for Chet or anybody else for that matter. As I said before what I say is my opinion.

I also believe in the future of the MJ business and believe that Mentor with it's investment in Bhang is one of the few if not the only public company directly selling a MJ product. Correct me if I am wrong about that.

I would guess that the wire transfer was initiated at the end of March but actually was sent April 1st or so. The post you referred to was mid April

That's why he hired a CPA recently - to be more exact in their accounting.


As I have said before --- I haven't seen any evidence of Bhang complaining about anything about their relationship with Mentor

I think you have misread the past statements about payments to Bhang. The additional cash was paid in April. Do your due diligence

Let's see:

Mentor hired a CPA and a former Dept of Justice legal expert to tackle both accounting and legal issues. Sounds serious to me.

Anything I post is my opinion

Actually I should probably correct myself. Upon looking at the 1st quarter statements again I don't think Bhang revenue is included yet. I think they are waiting to complete the $9,000,000 part of the purchase (in cash or stock or some combination of both).

Their statement says WCI has been majority owned since Jan 1 so it should be 51% of their revenue. Bhang has been 60% owned since Feb 28th so I assume it includes one month of their revenue. I would expect that next quarter's revenue should be much higher with 3 months of Bhang revenue included

I don't agree that the price will necessarily come down. First of all you are assuming that the Bhang owners would sell their shares all at once. Why would they do that and get less money? They might decide to hold most of their shares because they believe Mentor is going somewhere. After all their own company is owned by Mentor. They wouldn't be here if they didn't think the future is bright

Also other investors will realize that the Bhang purchase is for real and will boost the price of the stock.

If Bhang is unionized why is that such a bad thing. Treating employees well is a crime? You can always invest in Walmart instead of Mentor if you don't like unions

What about all the places where Bhang products are manufactured and sold? Mentor is much more than it's home office.

From Mentor's Financial Statements for Mar 31 2014


"The Company entered into a Co-operative funding agreement with Bhang Chocolate on February 28, 2014. In anticipation of an unrelated debt funding for Mentor Capital which has been announced by the lending bank, Bhang owners are to receive $9.0 million in the first 90 days. In the event of any shortfall in payment the owners may elect to receive free trading Mentor shares to the extent not otherwise covered by cash available for payment or alternatively they may elect to receive either cash from ongoing warrant exercise plus a 10% late payment penalty. An additional $30.0 million in expansion funding will be invested into the Bhang Chocolate Company as it is received from warrant exercise over approximately the next 12 to 36 months. If there is a shortfall in delivering the $30 million after all warrants are exercised the Company may fully satisfy its obligation by issuing 200% of the shortfall in common stock to Bhang owners."

In my opinion the wrangling over the late loan proceeds is way overblown. Mentor can pay in shares if need be. In fact one can debate that stock is a better payment option than cash.

Mentor is now in state number 6 (Bhang is in five states) with it's investment in the Nevada Cannabis Fund.

What other MJ company is even close?

Six months from now Mentors price today will be looked upon as a bargain. Don't miss out.


"With a Bhang product being sold every minute of every business day" per Scott Van Rixel, President of Bhang Corporation and recently re-elected National Cannabis Industry Association board member.

That's a lot of Bhang. Real products sold for real money. I sure don't see the alarmist scenario painted by some posters here. Seems like Mentor & Bhang are getting along just fine.

More and more investors are believing:

Bhang Chocolate is a Mentor Capital Asset

Bhang has added a reference to Mentor on all their web pages. Doesn't seem to be a company that is worried about their relationship with Mentor Capital

This site is for informational purposes only and is managed by Bhang Chocolate Company Inc. Each medically licensed state has an independent producer of our branded products.

Bhang Chocolate Company is a Mentor Capital (MNTR) Asset.



The above is from the Bhang Chocolate website as of the time of this posting.

http://bhangchocolate.com/main/

Still haven't read one word from Bhang where they state they are unsatisfied with the arrangement with Mentor. I have yet to see one MJ company that doesn't have issues with financing from time to time

Let's not forget that when Mentor does do a press release, this stock usually shoots up. It even doubled in price with one of the last ones.

Usually their press releases contain something of substance versus numerous releases about somebody attending a meeting.

Will patience bring a reward here? We know for sure it won't if you don't own any shares.

Ever think that Mentor is saving some interest costs here. Why borrow money before you have to.

You have yet to name one paid poster who posted this year.

It looks like the present investors are willing to stay. We have seen minimal stock turnover lately.

At least get the amount right. $1,300,000 has already been paid to Bhang. Change your amount to $7,700,000.

Also, I don't hear Bhang complaining. They added a new CBD product to complement their THC line and entered Arizona in the last month.

Ha Ha I guess your check is still in the mail

MJNA might get a few dollars from Trip, but I don't see how this helps MJNA. Trip has THC Dixie to himself. MJNA has the CBD Dixie line which is a duplicate of HempMeds. All this indicates some poor decisions. I don't think the lack of a sufficient Board of Directors helped.

I was a long term MJNA holder for quite a while until a short time ago so what has played out is painful to see. If MJNA didn't have marijuana in its name I believe the price would be lower.

However, I do hope that MJNA finds its way.

It looks like Mentor is the only way to invest in a major MJ brand (with THC). Dixie and MJNA are parting ways and Dixie is retaining the THC business. As far as I know Dixie is a private company and now there is no way for the average investor to invest in it.

Bhang - five states and counting ---

Could you please identify these paid posters and produce some proof. You are by far the number one poster. One would think that if someone is paid it is the person who posts the most. Please clarify because I don't want to think it's you.

Also, I don't mean anybody who posted 10 years ago. Keep it to this year as that is the relevant time for the Mentor we are interested in. As you mentioned if it is true it would have started about Jan 17th

How many Zuckerbergs own Facebook stock? How many Gates own Microsoft stock? How many shares of Mentor do I own? How many shares do you own? How do I know for sure that you or I are not distant cousins of Chet? If one is not a director or officer or own whatever threshold is required for disclosure, one is entitled to some privacy. If he has an aunt who bought 100 shares, is that my business? Actually, I am glad that there is interest in the shares.

Besides if his relatives were involved you would have surely told us already.

The increase in posts on January 17th is easily explainable. January was the golden month for marijuana stocks. Investors just needed to get a whiff and a stock was off to the races. Jan 17th was the day it took Mentor for a ride. There are many observant people on these boards. They see a runner and they pile on for the ride. Winners are more inclined to post and crow about their success. Of course there are a few exceptions to that rule.

Strong buying on the close. I think we will see a new PR by month end.

The SEC was going to partner with Chet???? Ha Ha That's a good one.

I think you should up that amount to $4.5 million as there is also a large receivable from RDH (the company that holds the Dixie IP) . Also look at the bottom of the subsidiary income page for MJNA - a statement that "the company was unable to verify the financial information from RDH". They own 60% of RDH and they can't get financial information? That or a similar statement has been there on their financial statements for many quarters. MJNAs accounting has been questioned by many.

My point was with a current market value of $200,000,000 MJNA as the only avenue to own Dixie is an expensive way to go. I am hard pressed to give any other of MJNAs businesses much value. Oh maybe a little value to their CANV shares but that is up for debate also.

So my conclusion is that Mentor getting Bhang for $39 mill - with only $21 mill truly leaving it's hands sounds like a much better deal

You are talking about somebody's opinion from 14 years ago. Mentor is not a an oil and gas company now. Wasn't there a person who had a failed oil company and later became President?

As to the valuation on Bhang the best comparison I can make is to MJNA and Dixie. MJNA is now valued at about $200,000,000. I would guess that the majority of that value comes from their Dixie interest. Dixie has barely made it out of Colorado and is mired in lawsuits and infighting. Mentor might be putting $39,000,000 into Bhang but only $9,000,000 goes to the original owners. The remaining $30,000,000 goes into the business of which Mentor will own 60%. When you think on it, 60% of the $30,000,000 goes out of one Mentor pocket into another Mentor pocket. The true cost to Mentor is much less than the $39,000,000. If you don't believe in the future of the MJ business, you will consider this an expensive deal. If you do believe, it sounds like an excellent deal. As an added plus there are no lawsuits and no infighting.