|By Marketwired .||
|May 29, 2014 02:20 PM EDT||
SAN DIEGO, CA -- (Marketwired) -- 05/29/14 -- Mentor Capital, Inc. (OTC Pink: MNTR) (PINKSHEETS: MNTR) announced its stated goal of progressing to be an operating medical marijuana NASDAQ company took another step forward with the appointment of public accounting veteran Lori J. Stansfield, CPA as company CFO. "Having taught, authored, audited and managed every aspect of accounting organizations, it's a career capping challenge to be given responsibility to create and deliver quality public financial disclosure across a growing portfolio in such a young sector," says Ms. Stansfield. "As a Colorado native and mother seeking the benefits of CBD for her daughter, I am pleased to be part of the Mentor Capital team that is making a difference here in the right way."
Lisa Y. Chatham has also recently joined Mentor Capital after a thirty-year career helping to uncover fraud at the California Department of Justice. "As the marijuana market changes over from illegal to allowed, it is important to separate the risk takers from bad actors before Mentor Capital invests. Investigating with instinct, technique and non-government contacts we're able to have a clearer picture of who and what assets we are actually dealing with," she says.
Mentor Capital CEO, Chet Billingsley concludes, "Both our portfolio companies and headquarters are growing rapidly and at the same time quickly becoming more formal in our financial and legal disclosures. I am extremely pleased at how the team is unfolding. As next a step, we are looking to add M&A experience to our bench to aid in processing transactions and controlling deal flow."
About Mentor Capital: By acquisition or stock purchase, Mentor Capital, Inc. seeks to invest in leading cannabis companies. Additional important information for investors and founders seeking expansion funding 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.
For further information contact:
Mentor Capital, Inc.
(760) 788 - 4700