We at the Ann Arbor Wellness Collective just wanted to express how much we respect your work. If you are ever in Michigan we are here for you! Looking forward to seeing more of your writing. Reply
Rob — Your always fine work seems to be missing clear input from Bhang that that the judge and lawyers on the Arbitration Panel concluded that it was Bhang who breached the financing contract and that the Panel awarded Mentor Capital the $1.5 Million that Mentor had invested into Bhang plus $300,000 interest. As part of this rescission order, only to the extent Bhang owners return MNTR shares purchased, do they receive up to the maximum of $230,000 for 100% return of what was paid for shares, plus interest. Until the net $1.6 Million to $1.8 Million net award to Mentor Capital is paid fully by Bhang to Mentor there will continue to be significant legal interaction between the companies as Mentor Capital seeks a return of its $1.5 Million cash investment, plus interest as awarded. Reply
Thank you Chet. As always, there are two sides to every story but this story focused on the tremendous success Bhang Corporation has experienced since its inception. CBE would have been remiss if we didn’t point out the challenges and mistakes they have made and their ability to adapt and overcome those mistakes. When Mentor and Bhang entered into an agreement, I am sure both parties thought they were entering into a relationship that would bear significant fruit but unfortunately that wasn’t the case. You play with the cards that you are dealt and sometimes you are dealt a losing set of cards; life goes on and you have to fold em and make the best of it. Good luck with Mentor Capital Chet. Rob Reply
Chet Billingsly has a lot of nerve commenting on this article after he blatantly used Bhang’s reputation to pull a fast one and pocket millions. The anatomy of a basic money grab: Mentor’s share price shoots up when they announce the Bhang deal. With millions in the coffers, Mentor ghosts. Of course Bhang walked away. Call it what you want but we all see it for what it is. According to the press, the arbitrator simply unwound the deal. Mentor trying to spin Bhang as the villain in this scenario is transparent and the jig is up. Mentor’s snake oil might be for sale in the cannabis industry but he will have trouble finding takers. Bhang is a quality company that makes quality products and they are in the business of helping people. Bhang’s success made them Mentor’s prey. Reply
Laura Brannaman .. you nailed it. Mentor is shady. Pure and simple. #chesterthebusinessmolester Reply