Overview
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- TickerWBSR on OTC2
- IndustryServices-Prepackaged Software2
- HeadquartersJacksonville, United States2
- Incorporated inWY3
- Business address4231 Walnut Bend, Jacksonville, Fl 322573
- Filer category, Emerging growth company3
- Legal formProfit Corporation2
- LEI549300S2X7KJ0VKJ8L722
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O Corporate Creations Network Inc., 82609 Casper, United States2
- Registered withBusiness Center (Wyoming Secretary of State), 2015-0006826342
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Village, Inc. These shares were issued to the sellers on October 1, 2024 (see Note 3).4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Cost of revenue24¢$1.6K
- Other costs76¢$5.1K
Out of $6.7K in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Salaries and related expenses | $243.1K | |
| General and administrative | $495.8K | $155.0K |
| Total operating expenses | $495.8K | $398.1K |
| Operating loss | -$495.8K | -$398.1K |
| Loss on extinguishment of debt with a related party | -$4.0M | |
| Interest expense original issue costs | -$649.4K | |
| Other expense | $8.7K | |
| Total other expense | -$835.6K | -$4.1M |
| Net loss before income taxes | -$1.3M | -$4.5M |
| Net loss | -$1.3M | -$4.5M |
| Less: net loss attributable to the noncontrolling interest | -$101.2K | |
| Net loss attributable to Webstar | -$1.2M | -$4.5M |
| Net loss per share, basic | $0.00 | -$0.01 |
| Net loss per share, diluted | $0.00 | -$0.01 |
| Weighted average number of shares outstanding, Basic | 403.0M shares | 363.5M shares |
| Weighted average number of shares outstanding, diluted | 403.0M shares | 363.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.9
| Period ending | 2025-12-31 | 2024-12-31 | 2024-08-31 | 2024-06-30 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash | $4.3K | $20 | |||
| Prepaid expenses and other current assets | $12.4K | $20.3K | |||
| Total current assets | $38.0M | $20.4K | |||
| Total assets | $38.0M | $20.4K | |||
| Accounts payable | $294.3K | $5.0K | $22.9K | ||
| Accrued expenses | $303.3K | ||||
| Short term loans payable | $205.9K | ||||
| Promissory notes payable, less unamortized debt issuance costs of $135,983 and $0, respectively | $37.4M | ||||
| Due to related party | $142.9K | $41.2K | |||
| Other current liabilities | $24.2K | ||||
| Total current liabilities | $39.6M | $1.1M | |||
| Long term notes payable | $100.0K | ||||
| Liability for condominium, less unamortized issuance costs of $735,082 and $0, respectively | $584.9K | ||||
| Total long-term liabilities | $684.9K | ||||
| Total liabilities | $40.3M | $1.1M | |||
| Common stock, $0.0001 par value; Authorized 500,000,000 shares; 404,228,842 and 402,114,556 issued and 404,185,985 and 402,114,556 outstanding as of December 31, 2025 and 2024, respectively | $40.4K | $40.2K | |||
| Additional paid-in-capital | $46.6M | $46.5M | |||
| Accumulated deficit | -$48.9M | -$47.6M | |||
| Total Webstar stockholders deficit | -$2.2M | -$1.1M | -$4.4M | ||
| Noncontrolling interest | -$101.2K | ||||
| Total stockholders deficit | -$2.3M | -$1.1M | |||
| Total liabilities and stockholders deficit | $38.0M | $20.4K | |||
| Preferred stock, par value | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued | 404.2M shares | 402.1M shares | |||
| Common stock, shares outstanding | 404.2M shares | 402.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-08-31 | 2024-06-30 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash | $4.3K | $20 | |||
| Prepaid expenses and other current assets | $12.4K | $20.3K | |||
| Total current assets | $38.0M | $20.4K | |||
| Total assets | $38.0M | $20.4K | |||
| Accounts payable | $294.3K | $5.0K | $22.9K | ||
| Accrued expenses | $303.3K | ||||
| Short term loans payable | $205.9K | ||||
| Promissory notes payable, less unamortized debt issuance costs of $135,983 and $0, respectively | $37.4M | ||||
| Due to related party | $142.9K | $41.2K | |||
| Other current liabilities | $24.2K | ||||
| Total current liabilities | $39.6M | $1.1M | |||
| Long term notes payable | $100.0K | ||||
| Liability for condominium, less unamortized issuance costs of $735,082 and $0, respectively | $584.9K | ||||
| Total long-term liabilities | $684.9K | ||||
| Total liabilities | $40.3M | $1.1M | |||
| Common stock, $0.0001 par value; Authorized 500,000,000 shares; 404,228,842 and 402,114,556 issued and 404,185,985 and 402,114,556 outstanding as of December 31, 2025 and 2024, respectively | $40.4K | $40.2K | |||
| Additional paid-in-capital | $46.6M | $46.5M | |||
| Accumulated deficit | -$48.9M | -$47.6M | |||
| Total Webstar stockholders deficit | -$2.2M | -$1.1M | -$4.4M | ||
| Noncontrolling interest | -$101.2K | ||||
| Total stockholders deficit | -$2.3M | -$1.1M | |||
| Total liabilities and stockholders deficit | $38.0M | $20.4K | |||
| Preferred stock, par value | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 500.0M shares | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued | 404.2M shares | 402.1M shares | |||
| Common stock, shares outstanding | 404.2M shares | 402.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$1.3M | -$4.5M |
| Accretion of debt discount | $640.9K | |
| Loss on extinguishment of debt with a related party | $4.0M | |
| Consulting services added to due to stockholder | $60.0K | |
| Inventory | -$38.0M | |
| Deposits in conjunction with debt | $36.8M | |
| Deposits in conjunction with accrued expenses | $303.3K | |
| Prepaid expenses and other current assets | $7.9K | -$19.9K |
| Accounts payable | $289.3K | $2.9K |
| Accrued expenses related party | $250.0K | |
| Accrued interest | $113.0K | |
| Accrued interest related party | $80.0K | $80.0K |
| Accrued payroll | $243.1K | |
| Other current liabilities | $21.2K | |
| Net cash used in operating activities | -$761.4K | -$111.9K |
| Proceeds from long term notes payable | $100.0K | |
| Proceeds from convertible notes payable | $374.4K | |
| Repayments from convertible notes payable | -$60.5K | |
| Proceeds from promissory notes | $512.5K | |
| Repayments from promissory notes | -$12.5K | |
| Capital contribution by shareholder | $125 | |
| Advance from stockholders | $70.6K | |
| Advance from related parties | -$148.3K | $41.2K |
| Net cash provided by financing activities | $765.7K | $111.8K |
| Net increase (decrease) in cash | $4.3K | -$150 |
| Value of condominiums in conjunction with notes payable | $1.3M | |
| Conversion of convertible notes payable to common stock | $105.0K | |
| Conversion of convertible notes payable to common stock to be issued | $3.0K | |
| Cancellation of common stock | $200 | |
| Original issue discount issued in conjunction with debt | $191.9K | |
| Accrued salaries and related expenses assumed by related party | $3.3M | |
| Liabilities settled with shares of common stock | $427.9K | |
| Shares issued to related parties for intellectual property | $20.6K |
No quarter-by-quarter statement was filed.
What it owns
What Webstar Technology Group Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $4.3K9 Dec 31, 2025 | $2011 Dec 31, 2024 | +21255.0% |
Properties, in its own words
Our principal offices are located at 1100 Peachtree St NE, Suite 200, Atlanta, GA 30309. Our telephone number is 404-994-7819. We believe that our existing facilities are adequate for our current needs and that we will be able to lease suitable additional or alternative space on commercially reasonable terms if and when we need it.
Item 2 of the 10-K filed Apr 15, 2026.4
Leadership
Who has led Webstar Technology Group Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerDon Darrell Roberts Dec 2, 2021 to Dec 2, 202112
- Chief financial officerHarold E. Hutchins Dec 2, 2021 to Dec 9, 202113
Board members and other officers (4)
- Chief Technology OfficerJames Raymond Owens Dec 2, 2021 to Dec 8, 202114
- Board memberMichael Allan Hendrickson Jan 6, 2022 to Jan 6, 202215
- Board memberJames Raymond Owens Dec 2, 2021 to Dec 8, 202114
- Board memberRon G. Landmann Dec 2, 2021 to Dec 2, 202116
Timeline
- Aug 24, 20268-K Change of auditor17
- Jun 22, 20268-K Change of auditor18
- Apr 17, 20268-K Change of auditor19
- Feb 10, 20268-K Entered a material agreement20
- Dec 18, 20258-K Completed an acquisition or sale21
- Jun 27, 20258-K Entered a material agreement22
- Mar 26, 20258-K Change of auditor23
- Aug 19, 20248-K Change of auditor24
- Jun 26, 20248-K Entered a material agreement; Change in control; Executive or director change25
- Feb 14, 20248-K Executive or director change26
- Jun 20, 20238-K Change of auditor27
- May 17, 20238-K Unregistered sale of shares28
- Dec 2, 2021New chief executive Don Darrell Roberts becomes CEO12
Filings
62 filings to the SEC since October 2021: 6 annual reports, 14 quarterly reports, 17 major events, 9 insider forms, 16 other. The latest 20:
- Oct 15, 202610-K/A EDGAR
- Aug 24, 20268-K/A EDGAR
- Aug 14, 2026NT 10-Q EDGAR
- Jun 22, 20268-K/A EDGAR
- May 22, 2026SEC STAFF ACTION EDGAR
- May 20, 202610-Q EDGAR
- May 14, 2026NT 10-Q EDGAR
- Apr 17, 20268-K EDGAR
- Apr 15, 202610-K EDGAR
- Mar 30, 2026NT 10-K EDGAR
- Feb 10, 20268-K EDGAR
- Dec 18, 20258-K EDGAR
- Nov 14, 202510-Q EDGAR
- Aug 15, 202510-Q EDGAR
- Aug 13, 2025NT 10-Q EDGAR
- Jul 11, 202510-Q EDGAR
- Jun 27, 20258-K EDGAR
- May 13, 2025NT 10-Q EDGAR
- May 2, 202510-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
The 62 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Navellier & Associates Inc | 34,436 | $1.4K | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Webstar Technology Group Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARWebstar Technology Group Inc.1
- CIK0001645155
- Employer ID (EIN)37-17802614
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inWyoming4
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address4231 Walnut Bend, Jacksonville, FL 322571
- Phone80060863441
- Shares outstanding405,558,604 as of May 18, 20268
- Public float$11.2M as of Jun 30, 20254
- AuditorPipara & Co. LLP, Ahmedabad, Gujarat PCAOB ID 6841; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceDec 28, 20171
- Filings105 in all: 8-K (25), 10-Q (22), 10-K (8), 3 (7), NT 10-Q (6), CORRESP (5), NT 10-K (5), 144 (4)1
All 21 form types
S-1/A (4), UPLOAD (4), 4 (2), 424B3 (2), 8-K/A (2), EFFECT (2), 1-A (1), 1-A/A (1), 10-K/A (1), 8-A12G (1), POS AM (1), S-1 (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Apr 15, 2026
Quarterly report (10-Q) May 20, 2026
Latest 8-K (8-K) Apr 17, 2026
Risk factors and legal proceedings
The risks Webstar Technology Group Inc. names in Item 1A of its 10-K filed Apr 15, 2026: 40 risks under these headings, as written.4
- Risks Relating to our Business
- This is a very young Company.
- The Company’s affiliated entities have no prior performance record.
- The Company has minimal operating capital, no significant assets and no revenue from operations.
- The success of Webstar Technology Group business is dependent on purchasing large parcels of land at favorable prices.
- The Company may raise more capital and future fundraising rounds could result in dilution.
- Success in the hospitality and entertainment industry is highly unpredictable and there is no guarantee the company’s content will be successful in the market.
- The COVID-19 pandemic could have material negative effects on Webstar Technology Groups’ planned operations, including facilities where large groups of people gather in close proximity.
- Webstar Technology Group operates in a highly competitive market.
- Competition in the “alternative venues for recreational pursuits” industry could have a material adverse effect on the company’s business and results of operations.
- Customer complaints or litigation on behalf of our customers or employees may adversely affect our business, results of operations or financial condition.
- The Company’s insurance coverage may not be adequate to cover all possible losses that it could suffer and its insurance costs may increase.
The other 29 risks
- The Company may not be able to operate its facilities, or obtain and maintain licenses and permits necessary for such operation, in compliance with laws, regulations and other requirements, which could adversely affect its business, results of operations or financial condition.
- The Company has concentrated its investments in family entertainment, real estate and facilities, which are subject to numerous risks, including the risk that the values of their investments may decline if there is a prolonged downturn in real estate values.
- The Company has entered into a major development opportunity that is the “Atlanta Forge” project and the failure or success of the project could have a material impact on the success of the Company.
- The Company works with national hospitality, hotel and local service providers to create an experience for families. Business risks associated with these providers can affect the company’s operations.
- The illiquidity of real estate may make it difficult for the company to dispose of one or more of our properties or negatively affect its ability to profitably sell such properties and access liquidity.
- The Company’s development and growth strategy depend on its ability to fund, develop and open new entertainment venues and operate them profitably.
- The Company’s development and construction of its Georgia facility depends on its ability to obtain favorable construction and mortgage financing.
- Webstar Technology Group depends on a small management team and may need to hire more people to be successful.
- The Company will require a general manager, who has not yet been hired.
- Webstar Technology Group may not be able to protect all of its intellectual property.
- Webstar Technology Group has not yet entered into any master licensing agreements with third party suppliers and Webstar Technology Group has not yet been made a sublicense to the relevant master licensing agreements.
- Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.”
- Risks Related to Certain Conflicts of Interest
- The interests of Webstar Technology Group, Bear Village Asset Holdings – GA, LLC and the company’s other affiliates may conflict with your interests.
- Risks Related to Our Stock
- The officers of Webstar Technology Group control the Company, and the Company does currently have two independent directors.
- There is little to no current market for Webstar Technology Groups’ shares.
- An active trading market for our common stock may not develop and you may not be able to resell your shares.
- Our Common Stock price is likely to be highly volatile because of several factors, including a limited public float.
- Because our officers and board of directors will make all management decisions, you should only purchase our securities if you are comfortable entrusting our directors to make all decisions.
- We need to raise additional capital. If we are unable to raise necessary additional capital, our business may fail, or our operating results and our stock price may be materially adversely affected.
- Our issuance of additional common stock in exchange for the purchase of assets, services or to repay debt would dilute your proportionate ownership and voting rights and could have a negative impact on the market price of our Common Stock.
- Our common stock is a “penny stock” under SEC rules. It may be more difficult to resell securities classified as “penny stock.”
- Common stock eligible for future sale may adversely affect the market.
- We are an emerging growth company within the meaning of the Securities Act, and if we take advantage of certain exemptions from disclosure requirements available to emerging growth companies, this could make our securities less attractive to investors and may make it more difficult to compare our performance with other public companies.
- As an emerging growth company, our auditor is not required to attest to the effectiveness of our internal controls.
- We believe we will be considered a smaller reporting company and will be exempt from certain disclosure requirements, which could make our common stock less attractive to potential investors.
- It may not be possible to have adequate internal controls.
- We do not expect to pay cash dividends on our common stock in the foreseeable future.
- We may, in the future, issue additional shares of common stock, which would reduce investors’ percent of ownership and may dilute our share value.
- Anti-takeover effects of certain provisions of Wyoming state law hinder a potential takeover of our company.
Legal proceedings
We know of no existing or pending legal proceedings against us, nor are we involved as a plaintiff in any proceeding or pending litigation. There are no proceedings in which any of our directors, officers or any of their respective affiliates, or any beneficial stockholder, is an adverse party or has a material interest adverse to our interest.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARRon G. Landmann, Board member
- 17SEC EDGARChange of auditor
- 18SEC EDGARChange of auditor
- 19SEC EDGARChange of auditor
- 20SEC EDGAREntered a material agreement
- 21SEC EDGARCompleted an acquisition or sale
- 22SEC EDGAREntered a material agreement
- 23SEC EDGARChange of auditor
- 24SEC EDGARChange of auditor
- 25
- 26SEC EDGARExecutive or director change
- 27SEC EDGARChange of auditor
- 28SEC EDGARUnregistered sale of shares