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Mentor Capital Pledges $125 Million For Direct Cancer Equity Funding, Maximizing Socially Responsible
Impact By Shareholders |
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San Diego, CA--May 3, 2011--Mentor Capital, Inc. (OTC Markets: MNTR) announced the launch of its $125 Million
Direct Cancer Equity Funding Program. “Our shareholders have told us they want their purchase of Mentor stock to
fund the development of leading-edge cancer solutions,” reports CEO, Chester Billingsley. “Trading cancer shares
can be profitable, but socially responsible investing is best served by injecting funds directly.” Mentor’s Direct
Cancer Equity Funding Program was created to translate an investor share purchase into cash funding for cancer
breakthroughs.
The Mentor Capital securities structure is 93% warrants with only 2 million shares outstanding. As a result, asset
accumulation and share purchases will strongly influence the exercise of Mentor’s $125 Million in warrants. Cancer
development firms needing funding will be screened to approximately fifteen that may each deposit $5 -$15 Million
of their restricted securities in a $125 Million Mentor Cancer Equity Funding Portfolio. Net funds from a following
exercise of Mentor warrants are then paid out pro rata to portfolio companies. None of a participating
company’s shares may be sold, loaned, voted or released until all of that company’s investment receivable is
retired in cash.
Preliminary discussions have been fruitful. Indications are that after the non-profit phase cancer development is
often financially underserved. Further, biotech firms typically need approximately $10 Million to move through an
early stage of FDA trials. That amount seems to well match Mentor’s funding structure.
A principal advantage of Mentor Capital in selecting firms to fund continues to be the expertise of its management
in screening the medical science of complex cancer therapies. This management insight helps ensure that new and
existing shareholder purchases are focused along the lines of the socially responsible investment and benefit that
Mentor Capital shareholders desire.
A sample of a $10 Million pro forma Direct Cancer Equity Contract with additional relevant information is
presented at www.MentorCapital.com.
Forward Looking Statements, Safe Harbor and Risk Descriptions are Incorporated by Reference from the MNTR
Company Web Site above.
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Chet Billingsley is the CEO and Chairman of Mentor Capital, Inc. Mentor Capital, Inc. invests in leading-edge
cancer companies across all companies in its proprietary Cancer Immunotherapy Index and seeks to overweight
acquisition or stock purchase funding in those companies with the greatest promise.
Chet Billingsley, CEO
Mentor Capital, Inc.
P.O. Box 1709
Ramona, CA 92065
(760) 788-4700
(760) 788-2525 Fax
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