Mentor Capital's Cancer Immunotherapy Index: First funding tranche to extend investment closes

NewsGuard 100/100 Score

Mentor Capital, Inc.'s (Pink Sheets:MNTR) first funding tranche to extend its investment in its proprietary Cancer Immunotherapy Index closes today. Cash investment from 1,400 existing shareholders projects to be approximately 20% oversubscribed from target. Company management reservation to fund will be correspondingly reduced to remain within the $1.2 Million seed funding limit. Already authorized follow-on public funding tranches total an additional $125 Million that will also be targeted for investment into the best of the Cancer Immunotherapy Index companies.

By overweighting the investment of this $125 Million into the most promising Index companies, Mentor Capital seeks to exceed the return of the equally weighted CI Index. The Cancer Immunotherapy Index has grown at an annualized 90% rate since its original creation by Mentor Capital twenty-nine weeks ago.

The current ten CI Index companies that Mentor Capital has invested into are: Dendreon (NASDAQ:DNDN), Immunocellular Therapeutics, Ltd. (OTCBB:IMUC), Oncothyreon (NASDAQ:ONTY), Antigenics (NASDAQ:AGEN), Biovest International (BVTI.PK), Celldex Therapeutics (NASDAQ:CLDX), Northwest Biotherapeutics (OTCBB:NWBO), CEL – SCI Corp. (AMEX:CVM) and Generex Biotechnology (NASDAQ:GNBT) as a proxy for its wholly-owned immunotherapeutic subsidiary, Antigen Express, and Quantum Immunologics, Inc. a private company. In addition to actively managing its investment into these companies, Mentor Capital looks to occasionally add emerging companies to the Index as they reach an adequate size or shift their immunotherapy emphasis from infectious disease to the cancer fight.

Level II trading charts, financial and other information on Mentor Capital, plus listings and links to all Cancer Immunotherapy Index companies may be referenced from the company website: www.MentorCapital.com.

SOURCE Mentor Capital, Inc.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Cancer history raises cardiovascular disease risk in hypertensive patients