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It sounds like Trip Keber is ceding the CBD stuff to MJNA and Cannavest with their Hempmeds line for now. Dixie & Hempmeds were basically going against each other. The other possibility is that Dixie & MJNA are going to part ways and Trip Keber is biding his time. All the infighting, internal and external lawsuits, Keber's pot bust in I believe it was Alabama, etc has tarnished the glitter gathered from all the exposure they have had.
Meanwhile, Bhang quietly and methodically goes on about it's business and is already in 5 states. Also with the new CBD products Bhang has everything under one brand. Looks like Bhang is avoiding the missteps of it's biggest competitor.
420 investor seems to be run by Alan Brochstein. I have read much of what he said as I had invested in MJNA of which he has spoken quite at length. That stock had been about 10 cents a share and he predicted lower. Instead as most MJ stocks did it took off and I sold some shares at over 40 cents. He also has touted a MJ warehouse stock that is now on the grey market. I was tempted to invest there because I liked the idea but thought the shares were too expensive and there was too much stock maneuvering for my taste. That is not to say that he doesn't say anything valid. He seems to be on the fence with Mentor right now. Who knows in a month he might change his opinion.
I think it comes down to the same thing. None of us can predict the future.
Bhang versus Dixie -- We know that Bhang is now in five states -- anybody know how many Dixie is in? It would be interesting to see how the leading brands stack up.
This article on Mentor seems to be a bit one sided. I don't see any real name when it comes to who wrote it? All that research and no credit for it? I think somebody was laying on their couch instead of doing any real legwork. I don't see any mention of Chet being barred from anything. I see references to past business failures as many prominent and now successful business people have suffered in their past. I also see no mention of the law firm that reviewed Mentors OTC filed documents and is able to appear before the SEC
All the hoopla about Dube forgets that Mentor only put $200,000 there. Dube might be a failed investment advisor but a great MJ businessman.
I think most investors are here because of Bhang and marijuana, two things Chet & Mentor could not deal with in the past.
As for the $7 warrants, it would be great if the stock went back up above that level and people found a way to invest in a MJ company with plenty of new cash to invest as well as picking up a share of Bhang ownership ( Mentor might Bhang a few more home runs!!) The warrants being exercised would avoid the extra trouble and expense of a new issue of stock as a funding mechanism. I find most of the talk about the warrants to be misinformed.
My guess is that Ravensburg Capital and Symbian Bank are basically related parties. Because of the trouble in the Ukraine they wanted to make sure they were operating out of a safer location. I thought I saw a reference that Ravensburg had been managing the assets all along. That might explain why they have the same IP address.
I'm confused about all the lawyer talk. I thought we were all expressing our opinions on Mentor Capital. I don't recall anybody claiming to be an official mouthpiece for the company. I don't think I have seen any outlandish claims here pumping the stock. We know Bhang is a real product as some have sampled the merchandise (and usually give a glowing report!)
There are many private investors willing to take a chance on marijuana. Look at all the investors buying marijuana stocks - many of which have not shown a dime of revenue.
Is there one marijuana company that has a loan from a major bank?
I think this is more a line of credit than anything else. I would think his stock plus the credit default insurance will be enough to take out $10,000,000. As you pointed out his stock alone is worth the $10,000,000
Do You have a link or other proof that the 600K is lost?
What is going on with MJNA and Dixie? Any news about whether they are resolving their differences. I'd like to step back in here at some point but am hesitant without a Dixie resolution.
I think in the end the back and forth is pretty much about whether
Mentor gets financing. I agree with you that one way or another that financing will happen. I don't know Chet either but judging from other comments here he has been around the block. I doubt very much that he would give anything away like a deposit for a loan or loan insurance before seeing the financing
If the present financing happens as planned I do believe this could take off. If Mentor had marijuana as part of its name we would probably be higher already.
The Wakabayashi Fund seems to be all over the internet signing agreements for financing aid and consulting services through the years with many small cap companies including even another MJ company. They also have had quite a staff of employees covering various parts of the world. If they are such crooks why does everybody keep coming back to them? Why does Japan allow them to operate? Is there any evidence the fund has been prosecuted for any crimes?
Mentor is involved with marijuana. I don't think JP Morgan or Citibank is going to give them a loan. That means probably going to second tier lenders.However, I do think because Bhang is a leading MJ brand with proven sales, Chet was able to extract reasonable terms for the financing. The privately owned lender here is happy to get involved - loan insurance, a decent rate, millions of shares of stock as collateral, a very viable company with proven revenue, a new market with a huge potential - it's worth the risk.
There are I am sure companies where on further investigation their financing or business did not work out or the terms of their financing were steep. We know there are plenty of disgruntled people who can't accept the fact that their idea wasn't plausible and feel a need to strike out and the internet is an easy place to do that.
Obviously there is more risk here than say in GE stock. However, the potential reward could be much higher than anything GE could deliver.
Some people pump the dump and others believe in Mentor and the potential of the MJ business.
The type of Client Company we choose to align ourselves with will be able to create and sustain its market position with superior products, services, cost structures and / or proprietary skills of its employees. A typical company we invest in or procure capital for has the following qualities:
Revenues of $1 M or more and operating cash flow of $100 K or more.
Dedicated and capable managers willing to take steps necessary to improve the value of their business.
A leading market position and a valuable franchise.
Predictable cash flows and opportunity for growth.
Low exposure to the risks of technological obsolescence.
Identifiable opportunities to enhance financial performance by improving growth, operating margins, and capital efficiency.
Above from: http://wakabayashifund.com/about-us/
Wakabayashi Fund LLC., a private equity fund with offices in Tokyo, Japan and New York, NY, provides corporate capitalization and institutional investor relations consulting services. Wakabayashi Fund may invest on a principal basis and acts in an agency capacity to procure capital for both profitable and emerging small-cap companies, identifying institutional funding sources for its clients and further develops the investor relations activities.
Or possibly number 3 - the financing arrives within the 90 day period and Chet is a CEO who tells it like it is.
Your info is not entirely accurate. Mentor has already given Bhang $1,200,000. Also I have to dispute your ownership percentage after the full $9,000,000 has been transferred. The deal stated that Mentor would pay to and invest in Bhang $39,000,000 - $9,000,000 to the owners and $30,000,000 to the business. Since Mentor will own 60%, it would be true to state that Mentor is basically paying 60% of the $30,000,000 to itself. That's $18,000,000 Mentor will pay to itself. The remaining $12,000,000 + the $9,000,000 means a true total transfer outside of Mentor to others would be $21,000,000. $9,000,000/$21,000,000 = 42.8%
In truth this is a 60% deal so other percentages are mathematical masturbation
Thanks for the report. Bhang seems from your account and others to be an outfit that methodically and professionally goes about it's business. Why else would they already be in 5 states. Mentor Capital, in my opinion, has made an excellent choice in partnering with them.
I see a strong possibility of this stock price reaching above $7.00 in the near term. Another $100,000,000 from the warrants to work with sounds enticing. If Mentor hits a few more MJ home runs like Bhang, we are off to the races.
Bhang Chocolate seems to be satisfied with the relationship with Mentor. They must have been privy to the arrangement of the financing and feel confidant that it will happen as planned. Why else would they agree to the deal?
The owners of Bhang are in a sense receiving $21,000,000 - the $9,000,000 payment and 40% (their remaining share of Bhang)of the $30,000,000 to be invested in the business.
Is this a good investment? I certainly think so considering Mentor's market cap is under $40,000,000. Many MJ companies have much larger market caps with little or no revenue much less any profits or cohesive plans. Considering that Bhang is now in five states and has been around a number of years, I would expect we will be pleasantly surprised by the volume of sales and the exponential growth ahead.
I would think that Bhang expanding to another state makes Mentor's stock more attractive and helps to solidify the line of credit that is in place. How many other MJ companies have been able to infiltrate 5 states already with a real product. There are real sales here versus the stock shuffles to create the appearance of something happening we have seen elsewhere.
If you knew how the future was going to play out, you wouldn't be here. You would have bought some stocks (surely not this one!!) that you knew were going to go up. You would be so busy counting your money you wouldn't have time to post here.
I see good upside potential here. Bhang Chocolate is already in four states which demonstrates an ability to navigate state laws. Also, there is a benefit here in that there is already a lesson in what not to do out there as evidenced by MJ** and D*x*e. I see a much better synergy here
This is unbelievable. Smoking MJNA is in my future.
Wish I was in months ago but am still confident better days are coming