Replies to post #9037 on Fernhill Beverage Inc (FHBC)

[Dr Blunt]

Sorry about that...

But perhaps you have not read the most recent filing???? So here is the addendum (notes): see pages 16-17 it was originally included in the OTC Markets Group Inc. OTC Pink Basic Disclosure Guidelines (v2.0 February 2019)

but then updated again here

Fernhill Beverage, Inc.
June 30, 2020
NOTES TO FINANCIAL STATEMENTS
NOTE 1- NATURE OF OPERATIONS
Nature of Operations
The company is a for profit stock corporation registered in the State of Oklahoma with its headquarters located in
Carlsbad, CA. The company is created to develop an innovative and quality driven beverage company.
NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation
These financial statements are presented in United States dollars and have been prepared in accordance with generally
accepted accounting principles in the United States of America.
NOTE 3-STOCKHOLDERS’ EQUITY
The company’s capitalization is 771,420,271 common shares with a par value of $.00001 per share, 20,000,000 preferred
A shares with a par value of $.00001 and 60,000,000 preferred B shares with a par value of $.00001.
NOTE 4 – LONG-TERM DEBT
As of June 30, 2020, the Company has issued notes payable of $87,507 (plus accruing interest) as follows:
$12,500 issued August 27, 2015, to V Group, Inc. as loan, Note is convertible at 50% to market and bears 10%
interest rate;
$2,000 issued February 5, 2015 to La Jolla IPO, Inc. as loan, note is convertible at 50% to market and bears 10% interest
rate;
$5,500 issued February 20, 2015 to IBRE Incorporated. The note converts at .00075, note is convertible at 50% to market
and bears 10% interest rate;
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 17 of 17
$5,500 issued December 31, 2014 to Liquid Management, Inc. as loan, note is convertible at 50% to market and
bears 10% interest rate;
$5,000 issued September 19, 2016 to SCA Management for the payment of OTC Market Fees, note is convertible at 50%
to market and bears 10% interest rate;
$ 5,000 issued October 1, 2016 to Mark Hammill as loan note is convertible at 50% to market and bears 10% interest rate;
$5,000 issued April 17, 2017 to Liquid Management as loan note is convertible at 50% to market and bears 10% interest
rate;
$5,000 issued April 26, 2017 to IBRE as loan note is convertible at 50% to market and bears 10% interest rate; $7,000
issued May 9, 2017 to IBRE as loan, note is convertible at 50% to market and bears 10% interest rate;
$5,000 issued March 19, 2018 to Coyer, as loan, note is convertible at 50% to market and bears 10% interest rate;
$5,000 Note Dated April 20, 2018 to Beebe, as loan, note is convertible at 50% to market and bears 10% interest rate;
$25,000 issued February 4, 2019 to CZA, as loan, note is convertible at 50% to market and bears 10% interest rate;