---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-036697"
form_type: "8-K"
ticker: "MNTR"
cik: "0001599117"
company_name: "Mentor Capital, Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:24:41.888068+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mentor Capital sells 51% Waste Consolidators stake for $5M cash + $1M note; cash alone = 500% of market cap

## Summary
- Total consideration of $6M: $5M cash received Oct 4, 2023, plus a $1M one-year promissory note.
- Mentor’s market cap was $930,000; cash proceeds alone represent 500% of that value.
- Book value of the sold interest was approximately $1.64M; the cash payment is ~3x book.
- Company plans to redeploy proceeds into classic energy sector (oil, gas, uranium, coal).
- Mentor completed its second stock repurchase program in Q2/Q3 2023.

## SEC filing metadata
- accession: 0001493152-23-036697
- form_type: 8-K
- ticker: MNTR
- cik: 0001599117
- company_name: Mentor Capital, Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599117/000149315223036697/0001493152-23-036697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599117/000149315223036697/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-036697
- JSON: https://secwatch.observer/filing/0001493152-23-036697.json
- Plain text: https://secwatch.observer/filing/0001493152-23-036697.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.