Mentor Capital, Inc.

Overview

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• TickerMNTR on OTC¹
• IndustryInvestors, NEC¹
• HeadquartersPlano, Texas¹
• Incorporated inDE²
• Business address5964 Campus Court, Plano, Tx 75093²
• Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company²

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2020, Mentor relocated its corporate office from San Diego, California, to Plano, Texas.⁴ From its latest annual report

Corporate structure

Mentor Capital, Inc. sits at the top of its group. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mentor Capital, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

Mentor rented 2,000 square feet of office space for $2,990 per month under a one-year lease in San Diego, California, which expired in September 2020. Mentor relocated to Plano, Texas, in September 2020 and now reimburses facilities costs of $2,456 per month to the property owners, the Billingsley family. Reimbursable facilities costs have not increased since 2020. The Company does not pay rent. The Company’s combined San Diego rent and facilities costs formerly totaled $4,408 per month.

MCIP, Partner I, Partner II, and TWG office and administrative support are provided by Mentor in its Plano, Texas corporate offices.

Item 2 of the 10-K filed Apr 15, 2026.⁴

Leadership

Who has led Mentor Capital, Inc., and when. Pick a name to see everywhere that person has worked.

• Chief executive officerChester Billingsley Mar 2, 2015 to now¹³
• Chief financial officerLori Stansfield Mar 2, 2015 to Dec 31, 2018¹⁴

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• Mentor IP, LLC South Dakota³
• Mentor Partner I, LLC Texas³
• Mentor Partner II, LLC Texas³
• TWG, LLC Texas³

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Apr 23, 20268-K Change of auditor²¹
2. Jan 16, 20268-K Change of auditor²²
3. May 17, 20248-K Change of auditor²³
4. May 8, 20248-K Change of auditor²⁴
5. Apr 26, 20248-K Executive or director change²⁵
6. Oct 10, 20238-K Entered a material agreement; Completed an acquisition or sale; Regulation FD disclosure²⁶
7. Jun 27, 20238-K Other events²⁷
8. Mar 2, 2015New chief executive Chester Billingsley becomes CEO¹³

Filings

108 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 7 major events, 78 insider forms, 3 other. The latest 20:

1. Aug 13, 202610-Q EDGAR
2. May 14, 202610-Q EDGAR
3. Apr 23, 20268-K EDGAR
4. Apr 15, 20264 PRIMARY DOCUMENT EDGAR
5. Apr 15, 202610-K EDGAR
6. Apr 10, 20264 PRIMARY DOCUMENT EDGAR
7. Apr 7, 20264 PRIMARY DOCUMENT EDGAR
8. Apr 3, 20264 PRIMARY DOCUMENT EDGAR
9. Apr 1, 2026NT 10-K EDGAR
10. Mar 27, 20264 PRIMARY DOCUMENT EDGAR
11. Mar 23, 20264 PRIMARY DOCUMENT EDGAR
12. Mar 18, 20264 PRIMARY DOCUMENT EDGAR
13. Mar 13, 20264 PRIMARY DOCUMENT EDGAR
14. Mar 9, 20264 PRIMARY DOCUMENT EDGAR
15. Mar 4, 20264 PRIMARY DOCUMENT EDGAR
16. Feb 27, 20264 PRIMARY DOCUMENT EDGAR
17. Feb 23, 20264 PRIMARY DOCUMENT EDGAR
18. Feb 17, 20264 PRIMARY DOCUMENT EDGAR
19. Feb 10, 20264 PRIMARY DOCUMENT EDGAR
20. Feb 5, 20264 PRIMARY DOCUMENT EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

152 open-market trades by officers, directors and large owners since October 2021: 147 buys and 5 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

SEC filer profile

How Mentor Capital, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARMentor Capital, Inc.¹
• CIK0001599117
• Employer ID (EIN)77-0395098⁴
• Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company⁴
• Incorporated inDelaware⁴
• Fiscal year endsDecember 31¹
• Industry code (SIC)6799 Investors, NEC¹
• SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance¹
• Business address5964 Campus Court, Plano, TX 75093¹
• Phone(760) 788-4700¹
• Shares outstanding27,589,296 as of Aug 13, 2026¹²
• Public float$997.6K as of Jun 30, 2025⁴
• AuditorSpicer Jeffries LLP, Denver, Colorado PCAOB ID 677; no auditor attestation of internal control over financial reporting⁴
• On EDGAR sinceNov 19, 2014¹
• Filings260 in all: 4 (150), 10-Q (35), 8-K (20), 10-K (12), 3 (8), UPLOAD (6), 10-Q/A (4), D (4)¹
  All 21 form types

  10-12G/A (3), 10-K/A (3), 4/A (3), CORRESP (2), NT 10-K (2), 10-12G (1), 144 (1), D/A (1), DEF 14A (1), DEF 14C (1), NT 10-Q (1), PRE 14C (1), PRER14C (1)

• Latest filingsAnnual report (10-K) Apr 15, 2026
  Quarterly report (10-Q) Aug 13, 2026
  Proxy statement (DEF 14A) Jul 15, 2019
  Latest 8-K (8-K) Apr 23, 2026

Risk factors and legal proceedings

Legal proceedings

G FarmaLabs Limited

On August 27, 2021, the Company and Mentor Partner I, LLC settled certain litigation with G FarmaLabs Limited, a Nevada corporation, and certain of its affiliates (the “G Farma Settlors”). The G Farma Settlors partially performed, and then breached, the Settlement Agreement.

Consequently, in February 2023, the Company and Mentor Partner I filed a Request for Entry of Judgment seeking entry of a stipulated judgment against the G Farma Settlors for (1) the remaining unpaid settlement amount of $494,450 promised, all accrued and unpaid interest thereon, and an additional $2,000,000 principal amount as agreed in the Settlement Agreement, (2) the Company’s incurred costs, and (3) attorneys’ fees paid by the Company to obtain the judgment. On July 11, 2023, the Court entered judgment against the G Farma Settlors and in favor of Mentor and Partner I in the amount of $2,539,597, which is comprised of $2,494,450 principal (calculated as the aggregate settlement amount, less payments made by the G Farma Settlors, plus the default addition) plus accrued and unpaid interest of $40,219, costs of $1,643, and attorneys’ fees of $3,285 incurred by Mentor and Mentor Partner I in connection with obtaining the judgment. The judgment also accrues post-judgment interest at the rate of 10% from July 11, 2023, until such time as the judgment is paid in full.

The Company has retained the reserve on the unpaid notes receivable balance and collections of the unpaid lease receivable balance due to the history of uncertain payments from G Farma and the G Farma Settlors. Payments recovered will be reported as Other Income in the consolidated income statements. The $2,539,597 judgment and interest receivable of $628,985 as of December 31, 2025, is fully reserved pending the outcome of the Company’s collection process. We will continue to pursue collection from the G Farma Settlors over time.

The opening of Item 3, Legal Proceedings.⁴