Company Description
Webstar Technology Group, Inc. (WBSR) is a publicly traded company that focuses on large-scale real estate development and related financial structures. According to company disclosures and press releases, Webstar positions itself as a development and real estate enterprise with a particular emphasis on mixed-use urban districts, resort and hospitality projects, and the use of blockchain-based tokenization for select real estate assets. Its common stock trades on the OTC market under the symbol WBSR, and the company describes itself as a fully reporting public company that adheres to SEC and FINRA requirements.
Core Business Focus
Recent company communications state that Webstar Technology Group is "a leading real estate development company" and "a leading development company" with a focus on innovation in the real estate and hospitality sectors. The business centers on planning and developing large, multi-component destinations that combine hospitality, residential ownership, entertainment, and lifestyle elements. These projects are described as designed to enhance quality of life and provide entertainment, lifestyle, and recreational experiences.
Webstar highlights two flagship development initiatives:
- Bear Village Resort in Commerce, Georgia – described as a mixed-use family resort destination and family entertainment complex, with intellectual property rights acquired by Webstar. Company releases outline a planned destination featuring indoor and outdoor water parks, an indoor adventure park, a family entertainment center, indoor and outdoor racing tracks, an aquarium, a conference center, hotel rooms, fractional ownership and condo hotel rooms, townhomes, restaurants, retail, and other amenities. The project is presented as a major family entertainment destination intended to attract visitors to Commerce, Georgia.
- Forge Atlanta / The Forge mixed-use district in Downtown Atlanta – presented as a transformative, multi-phase mixed-use district on a 10-acre site at Ted Turner Drive SW and Whitehall Street SW in downtown Atlanta. Through its subsidiary Forge Atlanta Asset Management, LLC, Webstar has pursued and then closed on a commercial purchase and sale agreement for land lots in Fulton County, Georgia, with the stated goal of developing a high-density district that integrates hospitality, residential ownership, retail, entertainment, and public space.
Forge Atlanta Mixed-Use District
Press releases and an 8-K filing describe Forge Atlanta as a multi-phase mixed-use district on the southern edge of downtown Atlanta, adjacent to the Garnett MARTA station and close to major interstate highways. The company states that the district is planned to transform an under-utilized industrial block into a connected, livable neighborhood. Approved plans for Phase I include a hotel with meeting and event space, hundreds of luxury condominiums, and tens of thousands of square feet of retail and entertainment space, with future phases contemplated to add additional residential towers, offices, public plazas, cultural venues, and more entertainment options.
Independent analyses commissioned by the Development Authority of Fulton County and modeling cited from Ernst & Young are referenced in company communications to illustrate projected construction jobs, permanent jobs, economic impact, and tax revenue associated with the Forge Atlanta development. The company emphasizes the project’s proximity to transit and major sports and entertainment venues in downtown Atlanta.
According to the company, Forge Atlanta Asset Management, a subsidiary majority-owned by Webstar, leads the development, with Webstar and its subsidiary collectively owning a majority interest in the development entity. Named project collaborators in public statements include development management, engineering, architecture, and potential construction partners.
Bear Village Resort Concept
Webstar reports that it acquired the assets and intellectual property associated with Bear Village, Inc., including a planned family resort destination in Commerce, Georgia. The Bear Village concept is described as a large-scale family entertainment and resort project with indoor and outdoor water attractions, adventure and entertainment facilities, kart racing circuits, an aquarium, hotel accommodations, fractional ownership and condo hotel units, townhomes, restaurants, retail, and other amenities. Company materials state that the resort is intended to redefine family entertainment in the region and to serve as a major economic driver for the local community.
In addition to describing the project vision, Webstar has announced a Regulation A Tier II public offering filing intended to support development of the Bear Village Resort. The company’s communications portray Bear Village as aligned with growth in the family entertainment industry and as a destination designed to attract families, thrill-seekers, and tourists.
Blockchain Tokenization and Digital Assets
Webstar Technology Group has publicly announced a strategic initiative to integrate cryptocurrency tokenization into its real estate ventures. The company states that it plans to tokenize real estate assets so that investors can purchase fractional ownership through digital tokens, with the intent of creating dividend-paying digital assets for select projects. According to these announcements, tokenization is expected to provide increased liquidity and transparency and to allow trading of tokens on secondary markets, subject to applicable regulations.
For Forge Atlanta, Webstar and Forge Atlanta Asset Management have described an optional digital-asset component through a regulated token program on the independent Torch RWA platform. Company statements indicate that when token sales occur, a portion of proceeds is expected to support a managed investment fund intended to help keep homeowners’ association fees lower for future condominium owners. Webstar emphasizes that this digital-asset component is designed to be compliant with identity verification and U.S. securities requirements and is presented as an addition to, rather than a replacement for, traditional financing.
Financing Approach and Regulatory Posture
In its public communications, Webstar highlights a combination of traditional real estate financing and digital-asset strategies. For Forge Atlanta, the company references a proposed inducement approved by the Development Authority of Fulton County, institutional loans and equity, and bond issuance as part of Phase I financing. For Bear Village, the company has discussed a Regulation A Tier II offering and other capital initiatives.
Webstar repeatedly underscores that it is a fully reporting public company and that it adheres to SEC and FINRA standards. The company states that material financings will be disclosed via Form 8-K filings and investor-relations communications. For its tokenization initiatives, Webstar describes a "compliance-first" approach intended to extend the same safeguards used in its public-company reporting to any future digital-asset offerings.
Corporate Transition and Strategic Direction
A company press release notes that Webstar filed an 8-K describing actions and agreements that transferred ownership and control of the company’s board and officers, brought in a new business model, and removed the prior business along with its assets and debts. The assets brought into the company include the Bear Village project and a cryptocurrency funding agreement associated with RORA Prime, which the company cites as a potential source of project financing.
Earlier communications described Webstar as a software marketing and technology company focused on data delivery, storage, and protection technologies. Following the transition described in the 8-K summary, the company’s public positioning centers on real estate development, resort and hospitality markets, and real estate-related tokenization. Webstar has also been involved in arrangements where another company distributed Webstar shares as a dividend to its own shareholders, and Webstar itself has announced a dividend of shares in a separate private company to its shareholders in connection with an asset sale.
Business Model Characteristics
Based on the company’s own descriptions, Webstar’s business model combines:
- Real estate development – identifying, acquiring, and developing large, mixed-use and resort properties, including urban mixed-use districts and family entertainment resorts.
- Structured finance – pursuing conventional real estate financing tools such as inducements from development authorities, institutional loans and equity, and bond issuance.
- Digital-asset tokenization – selectively applying blockchain-based tokenization to real estate projects to offer fractional ownership through digital securities, subject to regulatory compliance.
The company presents these elements as a way to broaden participation in real estate investments, potentially enhance liquidity for investors, and support long-term economic and community value for the areas where its projects are located.
Regulatory Filings and Public Company Status
Webstar Technology Group files reports with the U.S. Securities and Exchange Commission. An 8-K filing dated in connection with the Forge Atlanta land acquisition describes the completion of a commercial purchase and sale agreement for properties in Fulton County, Georgia, for a stated purchase price and total consideration. The company notes that this acquisition is part of its strategy to develop mixed-use commercial and residential complexes.
In its explanatory notes, Webstar states that its filings are intended to satisfy conditions under Rule 144(i)(2) of the Securities Act of 1933 and that the information in those filings constitutes current information for that purpose. The company cautions readers regarding forward-looking statements and refers to risk factor discussions and financial statements in its SEC filings for more detailed information.
Positioning Within Real Estate and Digital-Asset Markets
Across its public statements, Webstar positions itself at the intersection of real estate development, hospitality, and emerging digital-asset models. It describes a focus on urban and resort landscapes, smart design, community engagement, and the use of blockchain tokenization for select projects. The company also references a commitment to eco-friendly, sustainable development and community engagement in connection with the Bear Village resort concept.
Investors and observers reviewing Webstar Technology Group (WBSR) can look to its SEC filings, press releases, and project-specific materials for further details on its development pipeline, financing structures, and tokenization initiatives. As with any development and real estate enterprise, the execution of these projects and strategies is subject to economic, regulatory, and market conditions, as acknowledged in the company’s forward-looking statement disclosures.