X0306 4 2019-06-24 0 0001599117 Mentor Capital, Inc. MNTR 0001632909 Billingsley Chester P.O. BOX 1709 RAMONA CA 92065 1 1 1 0 Chief Executive Officer Common Stock 2019-06-24 5 S 0 E 208000 0.32 D 2739886 D Series B Warrants 0.11 2000-04-11 2038-05-11 Common Stock 87456 87456 D Series D Warrants 1.6 2000-04-11 2038-05-11 Common Stock 2050228 2050228 D 1. Reporting person voluntarily reports early that pursuant to a single Rule 10b5-1 plan, exactly 208,000 shares will be sold between 6/24/2019 and 9/14/2019 in equal weekly sell order lots of 16,000 shares split into three individual sell orders of approximately 5,333 shares each, placed on the first two or three days of each week, during the first 13 weeks of the plan, and priced between the BID and ASK price at approximately $0.32 per share. Any residual shares remaining in the last ten trading days of the three-month plan will be sold at a market price chosen by the independent broker administering the Rule 10b5-1 plan effective 6/15/2019. /s/ Chester Billingsley 2019-06-24