MENTOR CAPITAL CONSULTANTS, INC.

MENTOR CAPITAL CONSULTANTS, INC.

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Company Overview

Business Summary
Mentor Capital Consultants, Inc. provides business, marketing and management consulting services to emerging growth companies and entrepreneurs. The Company’s principal business is to seek out companies and inventors who have developed proprietary, breakthrough technology that can be developed into unique, patent-protected consumer products with broad appeal that can be mass-marketed direct-to-the-consumer through third party catalogers and mass retailers. The Company has previewed over 1,500 companies and inventors with over 2,000 products. Mentor provides selected client companies and inventors with product development, management, marketing and capital raising services, as needed, in exchange for consulting fees and stock in the client company. The Company has formed two such subsidiaries, AeroGrow International, Inc. and Voice Powered Products, Inc.
Description and history
Mentor Capital Consultants, Inc. (Mentor), incorporated on March 13, 2000, provides business, marketing and management consulting services to emerging growth companies and entrepreneurs. The Company’s principal business is to seek out companies and inventors who have developed proprietary, breakthrough technology that can be developed into unique, patent-protected consumer products with broad appeal that can be mass-marketed direct-to-the-consumer through third-party catalogers and mass retailers. The Company has previewed over 1,500 companies and inventors with over 2,000 products. Mentor provides selected client companies and inventors with product development, management, marketing and capital raising services, as needed, in exchange for consulting fees and stock in the client company. The Company has formed two such subsidiaries, AeroGrow International, Inc. and Voice Powered Products, Inc.

MCAP Investment Banking Services

On September 6, 2001, the Company established a wholly owned corporate subsidiary, MCAP Investment Banking Services, Inc., in expectation of obtaining a broker/dealer license through the Securities Exchange Commission and membership in the National Association of Securities Dealers (NASD). On March 14, 2002, the NASD approved MCAP’s broker-dealer license, enabling it to provide private placement and direct public offering underwritings as part of the suite of services offered to client companies. MCAP intends to specialize in small-issue initial public offerings (IPOs) from one to five million dollars.

JOMY Safety Products, Inc.

JOMY Safety Products, Inc., is an established manufacturer of emergency rescue systems and consumer products. The Company assisted in the preparation and filing of JOMY’s IPO and helped in the development and implementation of a direct marketing campaign to help generate interest in JOMY’s IPO.

AeroGrow International, Inc.

On June 25, 2002, Mentor executed an exclusive product development and marketing agreement with AgriHouse, Inc. The terms of this agreement grant the Company the rights for the design, development, manufacture and worldwide marketing of a variety of aeroponic growing products for the consumer and commercial marketplace. The initial product the Company intends to develop is a consumer-based aeroponic unit, an aeroponic kitchen crop appliance, named the AeroGrow Kitchen Garden.

The Company formed a subsidiary corporation, AeroGrow International, Inc., on July 2, 2002, for the purpose of developing and marketing a variety of specialized consumer aeroponic units, accessories, seeds, nutrient capsules and other related products. Aeroponics evolved from hydroponics, a highly successful growing method where plant roots are suspended and grown in water instead of soil. With aeroponics, plant roots are grown in air. Plant roots are suspended in an enclosed, oxygen-rich growing chamber and misted and irrigated every 30 minutes with a nutrient-rich, organic solution. In this near perfect growing environment, vegetables and herbs often grow larger, healthier and faster than soil-based plants, without the use of pesticides.

The AeroGrow Kitchen Garden, using the Company’s proprietary aeroponic technology, is intended to provide consumers a low-cost, easy-to-use, kitchen crop appliance for growing organic vegetables, herbs plants and flowers indoors and dirt-free, all year round. AeroGrow expects to retail this product direct to the consumer for under $100 and wholesale to mass-market catalogers and retailers for under $60.

Voice Powered Products, Inc.

On July 19, 2002, Mentor entered into an exclusive product development and marketing agreement with Voice Powered Technologies, LLC (VPT). VPT has the worldwide manufacturing and marketing rights to a hand-held voice recognition technology for a product called the Voice Organizer IQ. This agreement grants the Company the right to use the existing patented voice recognition algorithms as a core engine for use in the development of a proposed hand-held, voice-powered scheduler/organizer that intends to utilize a new generation of voice recognition and voice-to-text technology. The agreement grants the Company the exclusive worldwide direct marketing rights for the new, proposed voice organizer.

The proposed, hand-held Voice Organizer IQ will automatically keep users aware of their schedules, deadlines and appointments. The user simply speaks a message with the time and date to be reminded and the voice organizer will play the message back on the exact time and day requested. In addition, the proposed unit will use the latest, low-cost voice-to-text software to allow users to dictate up to four hours in their Voice Organizer IQ, link to their computers and have their dictation transcribed into a standard Microsoft Word document. Using this same voice to text software, users can also interface with their Microsoft Outlook scheduling, calendar and task management system, downloading and uploading their schedules and tasks between their desktop computer and the Voice Organizer IQ.

Business Line

Subsidiary

Advisor
GORDON, HUGHES & BANKS, LLP
IPO date

US SIC Code
8742
Company Address
Suite 104
4940, Pearl East Circle
City province or state postal code
80301, BOULDER, CO
Phone: +1 303 444 7755
Fax: +1 303 444 0406
Country address: UNITED STATES OF AMERICA
Website url: