Webstar Technolo - WBSR STOCK NEWS

Thunder Energies Corp (OTCBB: TNRG) has announced the successful completion of transferring its remaining Webstar Technology Group (OTCQB: WBSR) common shares to Vstock Transfer, The transfer agency is currently distributing these shares as a dividend to eligible Thunder Energies shareholders who purchased shares before the September 13, 2024 market close date.

The dividend distribution is expected to be completed by January 31, 2024. Eligible shareholders who don't receive notification of their WBSR share distribution by this date can contact help@tnrgdividend.com for assistance, providing their personal information and a copy of their most recent TNRG shares statement.

Thunder Energies Corp (OTCBB: TNRG) has announced the successful transfer of its remaining Webstar Technology Group (OTCQB: WBSR) common shares to Vstock Transfer, The shares are being distributed as dividends to eligible Thunder Energies shareholders who purchased shares before September 13, 2024's market close.

Vstock Transfer expects to complete the dividend distribution by January 31, 2025. Eligible shareholders who don't receive notification of their WBSR share distribution by this date should contact help@tnrgdividend.com with their details including full name/company name, mailing address, contact information, and a copy of their recent TNRG shares statement.

This announcement is a correction to a previous release, specifically updating the completion date from January 31, 2024, to January 31, 2025.

Thunder Energies Corp. (OTCBB: TNRG) has announced a special dividend distribution for shareholders of record as of September 13, 2024, at 5:00 PM EST. The distribution will be a one-for-one (1:1) share of Webstar Technology Group, Inc. (OTCQB: WBSR) for each TNRG share held. This strategic move aims to enhance shareholder value and provide increased liquidity in the open market.

The initiative is designed to facilitate more active trading and improve accessibility for investors. Thunder Energies Corp. reaffirms its commitment to excellence in real estate development and corporate governance, promising to keep shareholders informed of future developments.

Webstar Technology Group (OTCQB: WBSR) has announced a $10 million Regulation-A Tier II public offering at $7.00 per share to fund the development of the $650 million Bear Village Resort in Commerce, Georgia. The resort is projected to generate over $75 million in annual revenue and bring significant tax revenues and jobs to Banks County. Bear Village Resort will feature indoor and outdoor water parks, an adventure park, family entertainment center, racing tracks, an aquarium, a 600-room themed hotel, a conference center, 500 condo hotel/timeshares, restaurants, and retail outlets. The US hospitality real estate market, currently valued at $28.1 billion, is expected to grow at a CAGR of over 5.5% during the forecast period.

Webstar Technology Group (WBSR) has announced significant changes including new management, a shift in business model, and the removal of prior assets and debts. The company is acquiring Bear Village, an anticipated $650M family resort project, and a $40M cryptocurrency funding agreement. The new CEO, Ricardo Haynes, plans to submit a $10M Regulation-A offering at $7.00 per share in Q3 2024. These steps aim to bolster the company’s financial stability and enhance shareholder value, with a focus on the Bear Village development.

Webstar Technology Group (OTCQB: WBSR) announced an Asset Purchase Agreement with Electrical Compression and Optimization (ECO), transferring certain assets in exchange for 201,057,278 common shares in ECO. These shares will be distributed to Webstar's shareholders on a 1-for-1 basis, with shareholders of record as of 5 PM June 21, 2024, set to receive this dividend.

The transaction positions Webstar shareholders in the emerging electrical compression technology market. CEO Don Roberts highlighted ECO's potential in enhancing battery life for electric vehicles and reducing global electrical consumption. The share distribution process is expected to complete by July 31, 2024.

Webstar Technology Group (OTCQB:WBSR) has amended its Technology Marketing and License Agreement with Soft Tech Development Corp., which now includes Change of Control 'Poison Pill' defenses. This aims to protect the company and its shareholders from hostile takeovers by ensuring that any acquirer must pay a minimum of $5 per share. The amendment also enhances the company's exclusivity and Right of First Refusal for future exclusive marketing licenses, potentially increasing the value of its assets. The company is focusing on generating immediate revenues through technology licensing and strategic acquisitions.

Webstar Technology Group Inc. (OTCQB:WBSR) has unveiled a new operational plan to expedite revenue generation with minimal investment. The company is exploring three main options: licensing its technology, selling it via permanent licensing, and strategic acquisitions or investments in advanced technology. These strategies aim to partner with globally recognized entities, ensuring rapid deployment of its innovative technology. CEO Don Roberts emphasized that this shift could enhance shareholder value and expedite returns without extensive capital expenditure.

Webstar Technology Group (WBSR) announced its uplisting to the OTCQB Venture Market as of February 1, 2022. This move aims to enhance investor visibility and increase liquidity, allowing greater access to institutional and retail investors. CEO Don Roberts emphasized that the uplisting improves reporting standards and compliance, which are essential for attracting broker dealers and enhancing market visibility. Historically, companies transitioning to OTCQB have experienced higher investor awareness and trading volumes.