CALIFORNIA: Mentor Capital, an M&A and funding provider for the cannabis and medical marijuana sector, will start to trade on the OTCQX Best Market effective today.
Mentor joins more than twenty companies during 2018 that have upgraded to OTCQX from the OTCQB® Venture Market, according to OTC Markets Group, Inc. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com as well as other popular financial websites.
OTCQX is designed for established, investor-focused U.S. and international companies that have met high financial standards, are current in their financial reporting and have been sponsored by a professional third-party advisor. The OTCQX market is considered by the SEC as an “established public market” for the purpose of determining the public market price when registering securities for resale in equity line financings with the SEC.
“We are delighted to be moving up to OTCQX,” said Chet Billingsley, Chairman and CEO of Mentor Capital, Inc. “When we shifted to the medical marijuana market in 2013 we committed to bring professionalism and integrity to the cannabis sector like we had encountered both in Silicon Valley and while working in cancer related biotech outside of San Diego. We feel adherence to these high standards are signaled by this move to OTC Market’s top tier and represent an advantage to investors. Accordingly, this upgrade is a significant milestone for Mentor Capital and a step towards increasing the liquidity of our stock.”