Note 11 - Funding agreement

The Company entered into a co-operative funding agreement with MCB that closed on February 18, 2014, to purchase up to a 51% interest in MCB.  MCB provides cannabis and marijuana related private companies, investors and microcap issuers with information resources including client company specific publications, directories, and continuing education courses.   MCB was to receive up to $200,000 in funding as Mentor receives proceeds from warrant exercise.  Allocation of funding to MCB is discretionary and could be reduced to $100,000 with no change in Mentor’s ownership if Mentor is dissatisfied with MCB performance.  Subsequent to March 31, 2015, MCB was notified that the funding would be reduced to $100,000, see Note 19.  The Company has the right, in its sole discretion, to convert the paid portion of the $100,000 equity investment in MCB to a six percent (6%) ten-year note payable to Mentor by the majority owner of MCB in 120 equal payments of principal and interest at any time.  If triggered, this provision would truncate further funding.  Subsequent to March 31, 2015, Mentor notified MCB that it was exercising its right to convert its equity to a ten-year note, see Note 19.