Mentor Capital Funds Completion of 12.5% Share Repurchase
05 Septiembre 2013 - 1:05PM
OTC Markets
Mentor Capital,
Inc. (OTCMKTS:MNTR)
has deposited funds with its broker to complete the final tranche
of its
multi-year stock repurchase
program. In 2008, Mentor Capital,
Inc. committed to the repurchase of 12.5% of its then outstanding
common stock
and is positioned to wrap-up that stock
buy-back now.
The purpose of the stock
repurchase program is to efficiently provide a small amount of
regular
liquidity to Mentor shareholders
In analyzing the stock repurchase
decision, Mentor Capital notes that then and now, the Company
cannot first
reduce interest on debt, because it has none.
Mentor Capital, Inc., by
acquisition or stock purchase, seeks to invest in leading-edge
private and
public cancer companies, and certain other situations.
Forward Looking Statements,
Safe Harbor and Risk Descriptions are Incorporated by Reference
from the MNTR
Company Web Site at
www.MentorCapital.com
.
For further information
contact:
Chester
Billingsley, CEO
Mentor Capital,
Inc.
(760) 788 - 4700
Mentor Capital (QB) (USOTC:MNTR)
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