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MNTR

Mentor Capital

$0.76

-0.03 (-3.80%)

15:02
10/12/16
10/12
15:02
10/12/16
15:02

Mentor Capital gets 500K first to be registered shares of Green Vision Systems

Mentor Capital announced it has received 500,000 first to be registered common shares of Green Vision Systems and will be supporting their legal cultivation, manufacturing and transportation of medical cannabis products from Green Vision's planned state of the art facility in Puerto Rico, plus associated hemp farming in this tropical setting. The role of Mentor Capital, in the Green Vision Systems Corp. medical marijuana and hemp business is to provide cannabis industry expertise, guidance and consulting. StereoVision, which has long experience in the Puerto Rican business environment, will be providing the early and overall the majority of the financing for the project together with accredited territory and USA residents, according to an earlier StereoVision release. "Mentor Capital is excited to be on the leading edge of the cannabis legalization in Puerto Rico so soon after the signing of that executive order by Gov. Alejandro Garcia Padilla. This Puerto Rican medical marijuana project is particularly attractive to us because of the rapid government approval timeframe, a reciprocity policy supported by medical tourism, and especially because Puerto Rican residents and businesses pay no federal income tax. This obviates the pervasive cannabis industry problem of IRS Rule 280E which prohibits the deduction of normal operating expenses from cannabis enterprises for tax purposes because marijuana is still a Schedule I drug. The preferred Puerto Rican status can reduce the effective tax rate for an otherwise identical medical marijuana company from 80% to 15%," explains Mentor CEO Chet Billingsley. "We look forward to increasing the value of our investment in Green Vision Systems by our consulting efforts and plans for future investment in Puerto Rico cannabis through Green Vision. Additionally, our analysis indicates that because of the quick timeline, Mentor could further increase the value received by its 4,000 shareholders by making a special dividend of the Green Vision shares Mentor receives soon after Green Vision's planned registration of those shares with the SEC."

TODAY'S FREE FLY STORIES

MS

Morgan Stanley

$55.35

0.75 (1.37%)

, BK

BNY Mellon

$57.89

0.35 (0.61%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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MS

Morgan Stanley

$55.35

0.75 (1.37%)

BK

BNY Mellon

$57.89

0.35 (0.61%)

BBT

BB&T

$53.28

0.2 (0.38%)

PPG

PPG

$114.50

-2.14 (-1.83%)

MTB

M&T Bank

$179.21

1.43 (0.80%)

KEY

KeyCorp

$21.26

-0.06 (-0.28%)

JBHT

J.B. Hunt

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ARNA

Arena Pharmaceuticals

$34.36

0.48 (1.42%)

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Arena Pharmaceuticals initiated  »

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ROSE

Rosehill Resources

$7.96

0.01 (0.13%)

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Rosehill Resources initiated  »

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COP

ConocoPhillips

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ConocoPhillips initiated  »

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HES

Hess Corp.

$54.02

0.48 (0.90%)

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Hess Corp. initiated  »

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OXY

Occidental Petroleum

$75.86

0.59 (0.78%)

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Initiation
Occidental Petroleum initiated  »

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JUNO

Juno Therapeutics

$69.25

23.65 (51.86%)

19:53
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Downgrade
Juno Therapeutics rating change  »

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WP

Worldpay

$77.89

-0.37 (-0.47%)

19:52
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Upgrade
Worldpay rating change  »

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FRAC

Keane Group

$18.51

0.63 (3.52%)

19:52
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Syndicate
Keane Group 13.3M share Secondary priced at $18.25 »

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  • 18

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BOOT

Boot Barn

$18.00

-1.1 (-5.76%)

19:50
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19:50
Syndicate
Boot Barn 6M share Secondary priced at $17.25 »

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  • 18

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PGH

Pengrowth Energy

$0.82

-0.0076 (-0.92%)

19:27
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Hot Stocks
Pengrowth Energy announces $65M 2018 capital budget »

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INTC

Intel

$44.39

1.25 (2.90%)

19:24
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Hot Stocks
Intel says issued firmware updates for 90% of CPUs in past vie years »

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OBE

Obsidian Energy

$1.21

-0.03 (-2.42%)

19:21
01/17/18
01/17
19:21
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19:21
Hot Stocks
Obsidian Energy says willing to work with FrontFour on board views »

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TOSBF

Toshiba, also use TOSYY

, TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

19:11
01/17/18
01/17
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19:11
Periodicals
Toshiba's Westinghouse to forgo bankruptcy, Reuters reports »

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TOSBF

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TOSYY

Toshiba, also use TOSBF

$16.95

-0.01 (-0.06%)

BAM

Brookfield

$43.10

0.42 (0.98%)

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RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

, RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

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Periodicals
Shell, BP each agree to purchase Libyan oil, Bloomberg reports »

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RDS.A

Royal Dutch Shell

$70.20

0.22 (0.31%)

RDS.B

Royal Dutch Shell

$72.34

0.35 (0.49%)

BP

BP

$42.88

0.42 (0.99%)

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  • 18

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AAPL

Apple

$179.10

2.91 (1.65%)

18:31
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18:31
Hot Stocks
Trump says Apple investments 'huge win for American workers' »

President Donald Trump…

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  • 01

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MPVD

Mountain Province Diamonds

$2.83

0.075 (2.73%)

18:22
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Hot Stocks
Mountain Province Diamonds provides update on Gahcho Kue Mine exploration »

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WAC

Walter Investment

$0.76

0.0347 (4.81%)

18:17
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Walter Investment prepackaged Chapter 11 plan approved by court »

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TM

Toyota

$140.72

2.75 (1.99%)

, KBSTY

Kobe Steel

18:10
01/17/18
01/17
18:10
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18:10
Periodicals
Toyota not affected by Kobe Steel false data scandal, Nikkei reports »

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TM

Toyota

$140.72

2.75 (1.99%)

KBSTY

Kobe Steel

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CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

, BTC

Bitcoin

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17:47
Hot Stocks
Cboe conducts first settlement of Cboe bitcoin futures »

Cboe Global Markets…

CBOE

Cboe Global Markets

$131.52

0.73 (0.56%)

BTC

Bitcoin

BITCOIN

Bitcoin

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  • 09

    Feb

GWRE

Guidewire

$75.64

0.19 (0.25%)

17:46
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Hot Stocks
Guidewire director sells 6,000 common shares »

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AAPL

Apple

$179.10

2.91 (1.65%)

17:40
01/17/18
01/17
17:40
01/17/18
17:40
Recommendations
Apple analyst commentary at Piper Jaffray »

Apple cash repatriation…

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  • 01

    Feb

OBE

Obsidian Energy

$1.21

-0.03 (-2.42%)

17:36
01/17/18
01/17
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01/17/18
17:36
Hot Stocks
Breaking Hot Stocks news story on Obsidian Energy »

FrontFour reports 5.7%…

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SN

Sanchez Energy

$5.81

0.16 (2.83%)

17:33
01/17/18
01/17
17:33
01/17/18
17:33
Hot Stocks
Breaking Hot Stocks news story on Sanchez Energy »

Sanchez Energy sees Q1…

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  • 15

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SN

Sanchez Energy

$5.81

0.16 (2.83%)

17:32
01/17/18
01/17
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17:32
Hot Stocks
Sanchez Energy sees FY18 capital budget of $420M-$470M »

Sanchez Energy 2018…

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