Webstar Technology Group Announces $10M Regulation-A Tier II Public Offering At $7.00 Per Share
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 (OTCQB: WBSR) ha annunciato un
Webstar Technology Group (OTCQB: WBSR) ha anunciado una oferta pública de $10 millones bajo la Regulación-A de Nivel II a $7,00 por acción para financiar el desarrollo del $650 millones Bear Village Resort en Commerce, Georgia. Se proyecta que el resort generará más de $75 millones en ingresos anuales y aportará ingresos fiscales significativos y empleos al Condado de Banks. Bear Village Resort contará con parques acuáticos cubiertos y al aire libre, un parque de aventuras, un centro de entretenimiento familiar, pistas de carreras, un acuario, un hotel temático de 600 habitaciones, un centro de conferencias, 500 condominios/tiempos compartidos, restaurantes y tiendas. El mercado inmobiliario hotelero en EE. UU., actualmente valorado en $28.1 mil millones, se espera que crezca a una Tasa de Crecimiento Anual Compuesta de más del 5.5% durante el periodo de proyección.
웹스타 테크놀로지 그룹(OTCQB: WBSR)은 규제 A Tier II 공모를 통해 $10백만 달러의 자금을 모집하고 있으며, 주당 $7.00로 게아에서의 $650백만 벌 마을 리조트 개발에 제안하고 있습니다. 이 리조트는 연간 $75백만 달러의 수익을 창출할 것으로 예상되며, 뱅크스 카운티에 상당한 세수와 일자리를 가져올 것입니다. 벌 마을 리조트는 실내 및 야외 워터파크, 모험 공원, 가족 오락 센터, 경주 트랙, 수족관, 600실의 테마 호텔, 컨퍼런스 센터, 500개의 콘도 호텔/타임쉐어, 레스토랑 및 소매점을 포함할 것입니다. 미국의 호스피탈리티 부동산 시장은 현재 $28.1억 달러로 평가되고 있으며, 예측 기간 동안 연평균 5.5% 이상의 성장률을 기록할 것으로 예상됩니다.
Webstar Technology Group (OTCQB: WBSR) a annoncé une offre publique de 10 millions de dollars conforme à la réglementation A de niveau II à 7,00 $ par action pour financer le développement du Bear Village Resort de 650 millions de dollars à Commerce, en Géorgie. Ce complexe devrait générer plus de 75 millions de dollars de revenus annuels et apporter des revenus fiscaux significatifs et des emplois dans le comté de Banks. Le Bear Village Resort comprendra des parcs aquatiques intérieurs et extérieurs, un parc d'aventure, un centre de divertissement familial, des pistes de course, un aquarium, un hôtel thématique de 600 chambres, un centre de conférence, 500 condos/hôtels à temps partagé, des restaurants et des commerces de détail. Le marché immobilier de l'hospitalité aux États-Unis, actuellement évalué à 28,1 milliards de dollars, devrait connaître une croissance annuelle de plus de 5,5% pendant la période de prévision.
Die Webstar Technology Group (OTCQB: WBSR) hat ein öffentliches Angebot über 10 Millionen USD gemäß Regulation-A Tier II zu einem Preis von 7,00 USD pro Aktie angekündigt, um die Entwicklung des 650 Millionen USD Bear Village Resorts in Commerce, Georgia, zu finanzieren. Das Resort soll über 75 Millionen USD jährlich an Einnahmen generieren und signifikante Steuereinnahmen sowie Arbeitsplätze in der Banks County schaffen. Das Bear Village Resort wird Innen- und Außenwasserparks, einen Abenteuerpark, ein Familienunterhaltungszentrum, Rennstrecken, ein Aquarium, ein thematisches Hotel mit 600 Zimmern, ein Konferenzzentrum, 500 Condo-Hotel/Timeshares, Restaurants und Einzelhandelsgeschäfte bieten. Der US-Gastgewerbe-Immobilienmarkt, der derzeit mit 28,1 Milliarden USD bewertet wird, soll während des Prognosezeitraums mit einer jährlichen Wachstumsrate von über 5,5% wachsen.
- Projected annual revenue of over $75 million from the Bear Village Resort
- Potential for significant job creation and tax revenue for Banks County, Georgia
- Diverse range of attractions and amenities planned for the resort
- Alignment with growing US hospitality real estate market (5.5% CAGR)
- Large capital requirement of $650 million for the resort development
- Potential dilution of existing shareholders due to the $10 million public offering
- Execution risks associated with a large-scale resort development project
Funds Will Be Used To Develop The
US Hospitality Real Estate Market Size Is
The project is estimated to net revenues of over
Bear Village Resort (www.bearvillageresorts.com) is set to be a premier destination for thrill-seekers and the young at heart, offering an array of extreme adventure sports and unique entertainment options. Located in
"This project is a major investment in
Some of the Key Features of Bear Village Resort:
- Indoor and Outdoor Water Parks: Enjoy exhilarating water slides, wave pools, and relaxing lazy rivers in our state-of-the-art water parks.
- Adventure Park: Challenge yourself with zip lines, rock climbing, and obstacle courses in our expansive adventure park.
- Family Entertainment Center: Fun for the whole family with arcade games, mini-golf, and interactive attractions.
- Indoor and Outdoor Racing Tracks: Experience the thrill of high-speed racing on our cutting-edge tracks.
- Aquarium: Explore the wonders of marine life with our world-class aquarium exhibits.
- Themed Hotel with 600 Rooms: Stay in style and comfort at our uniquely themed hotel.
- Conference Center: Host events and meetings in our fully equipped conference center.
- 500 Condo Hotel/Timeshares: Enjoy the convenience and luxury of our condo hotels and timeshares.
- Restaurants and Retail: Indulge in a variety of dining options and shop at exclusive retail outlets.
- Other One-of-a-Kind Amenities: Discover a host of unique features and attractions that set Bear Village Resort apart.
About Webstar Technology Group
Webstar Technology Group (OTCQB: WBSR) is a leading development company committed to innovation and excellence with a focus on leveraging cutting-edge solutions to drive growth and create value, and the Company is dedicated to delivering exceptional experiences for its customers and stakeholders. The Company is dedicated to developing innovative projects that enhance the quality of life and provide unique entertainment, lifestyle and recreational experiences. With a focus on leading-edge entertainment, Webstar Technology Group is committed to creating destinations that inspire and delight. The Company will shortly be releasing more information on these and other relevant matters.
Investor Relations
Webstar Technology Group
P: (404) 994-7819
Donald R. Keer, P.E., Esq.
Corporate Counsel
Webstar Technology Group
P: (254) 704-2675
Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Webstar Technology Group Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Webstar Technology Group Inc.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.
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i Source: https://www.mordorintelligence.com/industry-reports/hospitality-real-estate-sector-in-usa
ii Source: https://www.otcmarkets.com/filing/html?id=17736543&guid=poO-kndlL_wfJth
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SOURCE Webstar Technology Group
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