Team and Board

Chet Billingsley
Chet Billingsley
Chairman & CEO

Chet Billingsley is the Chairman, CEO, and founder of Mentor Capital, Inc. He is a native of Minnesota who received a congressional appointment and did his undergraduate work at West Point. Later, he went to graduate school at Harvard University where he received a Master’s Degree in Applied Physics with concurrent study at Harvard Business School, and at MIT studying proton radiology as applied to difficult to treat cancers in conjunction with Mass General Hospital.

Mr. Billingsley spent the major portion of his early career in technical sectors of General Electric in project, turn-around, and international management positions. In 1985, he formed Tech Start, the predecessor to Mentor Capital, in the heart of Silicon Valley. He has held the general manager or president position since that time.

In 1995, he took the firm public and has had lead responsibility in the Tech III Partners, Cambridge Equity Partners, and Mentor Investors I, LP financial partnerships. He has directed the successful acquisition or investment in thirty-eight operating portfolio businesses or entities.

Mr. Billingsley is a conservative, 64-year-old, non-using businessman. In August 2013, he led the surprising but science-based decision to take Mentor Capital into the medical marijuana space. The goal was to pursue an alternative approach to fighting cancer, calming seizures, reducing ocular pressure, and blunting pain, while seeking significant shareholder returns.

As a public company pioneer in the legal cannabis space, Mr. Billingsley became a founding director and officer of the board of directors of the Nevada Cannabis Industry Association in November 2013.


  • West Point Military Academy, Undergrad
  • Harvard University, M.S. Applied Physics

Training & Certifications

  • Former Registered Investment Advisor

Professional Organizations & Affiliations

  • Mentor Capital, Inc., Chairman of the Board
  • Nevada Cannabis Industry Association, Founding Director
  • National Cannabis Industry Association

Lori StansfieldLori Stansfield
Treasurer & CFO

Lori Stanfield is the Treasurer and CFO at Mentor Capital, Inc. She oversees Mentor’s audits, accounting, and financial statement preparation to ensure SEC reporting compliance while reporting the same to Mentor’s board of directors. Ms. Stansfield is an integral member of the executive management team as she assists in the formulation of Mentor’s future direction and supports its M&A tactical initiatives. Ms. Stansfield plays an integral role in overseeing Mentor’s subsidiary companies and portfolio companies to ensure accounting accuracy and reporting compliance. Ms. Stansfield has taught, written about, managed, audited, and prepared financial statements during the past thirty years.

Prior to joining Mentor Capital, Ms. Stansfield worked as the Director of Audit Services at Robert R. Rediwitz & Co. in La Jolla, California and as the Senior Audit Manager at Spicer Jeffries, LLP in Denver, Colorado where she specialized in servicing securities broker-dealers, hedge funds, commodity pools, and private equity funds.


  • University of Colorado at Denver, B.S. Accounting
  • University of Colorado at Denver, M.S. Marketing

Training & Certifications

  • California Board of Accountancy, CPA
  • Colorado State Board of Accountancy, CPA

Professional Organizations & Affiliations

  • American Institute of Certified Public Accounts, Member

Sara-19218_ptSara Billingsley
Director of Business Operations

Sara Billingsley is the Director of Business Operations at Mentor Capital, Inc. She focuses on managing the company’s day-to-day operations while reporting them to our Chief Executive Officer, Chet Billingsley. Ms. Billingsley is an integral member of the senior management team, overseeing shareholder relations, corporate compliance, and human resources matters while implementing policies and managing the business procedures of Mentor. Ms. Billingsley also assists in the administration of Mentor’s portfolio companies and other investment banking projects that Mentor pursues. Additionally, Ms. Billingsley administers Mentor’s marketing activities, furthering the development, communication, and implementation of effective strategies and processes.

Ms. Billingsley has worked as a paralegal at prominent Fortune 500 firms in San Diego. She has extensive experience managing and developing legal support teams and processes to ensure quality due diligence, compliance, accurate processing and the timely delivery of high-volume legal filings and legal documents.


  • Grand Canyon University, B.S. Applied Management

Training & Certifications

  • University of San Diego, ABA Approved Paralegal Certificate

Professional Organizations & Affiliations

  • San Diego Paralegal Association, Member
  • USD Paralegal Alumni Association, Member

Haley CollingwoodHaley Collingwood
Shareholder Services Manager

Haley Collingwood specializes in shareholder services at Mentor Capital, Inc. She is responsible for preparing and maintaining shareholder transactional records. Ms. Collingwood interfaces with Mentor’s transfer agent to assist in processing shareholder transactions. Ms. Collingwood also provides shareholder support and answers shareholder questions regarding their share and/or warrant records.

Ms. Collingwood is completing her bachelor’s degree at California State University of San Marcos.


  • California State University at San Marcos

Mentor Capital Directors:

Bob Meyer (77), David Carlile (61), and Stan Shaul (52) are each, or have been, private company presidents and each is a significant independent shareholder.