Fernhill Beverage Inc (FHBC)

[JohnnyThundersLAMF]

Started looking into this Twombly character and all the OTC shells, spinoffs, etc. Red flags galore.

As far as Fernhill Beverage goes, they claim they made $2.3 million in income from Jan - Sep of 2020.

Where are the products available to buy? The website lists www.buddingbotanicalsca.com for a sanitizer which is another pink sheet company called Smart Cannabis (SCNA) that has a dark or defunct label on OTC Markets and hasn't reported financials since Sep of 2019.

The address on Fernhill's filings is a residence in Carlsbad, CA.

Check out the convertible notes. As far as I can tell they never pay them off and they just get converted and dumped on the market.

All of the notes are convertible at 50% to market and bear 10% interest rate.

Twombly issued a $12,500 note in 2015 to himself through V-Group!

Some are for as little as $2,000 - $5,000. If you don't have a few thousand bucks to help fund your business and have to routinely issue toxic convertibles then why are you publicly traded or even in business in the first place?

Imo it seems like selling discounted stock might be the whole point.