WBSRWebstar Technology Group Inc.
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About Webstar Technology Group Inc. (WBSR)
Webstar Technology Group Inc. (WBSR) is a Software - Application company headquartered in Atlanta, GA, United States whose shares trade over-the-counter on the Pink tier.
Webstar Technology Group, Inc. (the Company) was incorporated in Wyoming on March 10, 2015. The Company was established for the operation of certain licensed and purchased software solutions. On June 24, 2024 the Company chose to expand into the commercial RE development space by acquiring the assets & intellectual property associated with Bear Village, Inc.'s resort development from Thunder Energies Corporation. The assets include all Bear Village Resorts intellectual property as well as an asset backed stable crypto coin currently in its early stages of off shore market growth that will eventually back future project financing. On June 14, 2024, Mr. Ricardo Haynes, Mr. Eric Collins, Mr. Lance Lehr, and Mr. Donald Keer, each as an individual (the "Purchasers") personally acquired 100% of the issued and outstanding shares of the Series A Preferred Stock (the "Preferred Stock") of Webstar Technology Group, Inc., a Wyoming corporation, (the "Company" or the "Registrant") from the Frank Perone Irrevocable Trust, a Florida trust (the "Seller") (The "Purchase"). The consideration for the purchase was provided to the Purchaser from the individual's private funds. Shortly afterward the Company successfully filed a Regulation A Tier II offering with the SEC for a $10MUSD new offering of common shares to raise capital for land acquisition & site development in Commerce, GA. The company fully anticipates the Reg A Tier II launch to commence on or before the end of Q2 2025.
Products and services
On June 21, 2024, the two license agreements previously held by the Company were acquired by a related party and as consideration the related party assumed debt of Webstar . One June 24, 2024 in an effort to expand its footprint into the commercial real estate development space, the Company acquired the assets and intellectual property associated with the Bear Village Inc. family resort development from Thunder Energies Corporation. The Company fully intends to raise $10MUSD for land acquisition & permitting for the above mentioned development project by offering new shares through an SEC / FINRA sanctioned Regulation A Tier II offering of new common shares. Through a strategic partnership the company plans secure capital with a portfolio of investment grade assets designed to bolster the company balance sheet and mitigate unforeseen risk to its shareholders before during and after construction while bolstering stock appreciation.
WBSR key facts
- Ticker symbol
- WBSR
- Market tier
- Pink
- Sector
- Technology
- Industry
- Software - Application
- Headquarters
- Atlanta, GA, United States
- Country of incorporation
- US
- Year of incorporation
- 2015
- Employees
- 2
- Estimated market cap
- $12.01M (as of Apr 11, 2025)
- Shares outstanding
- 400,185,985
- Reporting standard
- U.S. Reporting: SEC Reporting
- Audit status
- Audited
- Fiscal year end
- 12/31
Webstar Technology Group Inc. leadership
- Ricardo H Haynes — President, CEO
- Donald R Keer, P.E., ESQ — Secretary
- Lance Lehr — Manager, Ops.
Explore more: Software - Application stocks · Technology sector · Pink stocks · OTC stocks starting with W
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