Webstar Technology Group Inc. (WBSR)
OTC PINK OTC PINK Primary Summary
Webstar Technology Group Inc. (WBSR) To Issue Stock As Dividend To Shareholders In Company That Is Positioned As A Player In The Emerging ECO Tech Market
The Company Is Selling Certain Assets To A Private Company, Electrical Compression and Optimization, Incorporated ("Buyer") In Return For Shares In Buyer; The Company Will Be Issuing Existing Shareholders Of Record As Of 5 PM June 21, 2024, Stock On A One 1-For-1 Basis Of Their Holdings, As A Dividend JACKSONVILLE, FL / ACCESSWIRE / June 18, 2024 / Webstar Technology Group Inc. (OTCQB:WBSR), a software marketing and technology company that identifies, incubates and acquires exclusive rights to promising proprietary technology products and services and provides its shareholders access to participate in cutting edge technology opportunities, today announced it is entering into an Asset Purchase Agreement with a private company, Electrical Compression and Optimization, Incorporated, a Wyoming corporation ("ECO or Buyer") which will acquire certain of the Company's assets. At the time of Closing of the Agreement, Buyer shall transfer to Seller Two Hundred One Million, Fifty-Seven Thousand Two Hundred Seventy-Eight Common Shares (201,057,278) through its transfer agent VStock Transfer LLC , to Seller for dividend distribution to Seller's common stock shareholders.
Webstar Technology Group Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LN Louis Navellier NAVELLIER & ASSOCIATES Inc. | 34,436 | $1,405.33 | $550.98 | -$854.35 | -60.79% |
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Webstar Technology Group Inc. Profile
| Software Industry | Information Technology Sector | Ricardo H. Haynes CEO | OTC PINK Exchange | 94770C104 CUSIP |
| US Country | 3 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Webstar Technology Group, Inc. is a forward-thinking company specializing in providing cutting-edge software solutions tailored to enhance data usage and optimize operational efficiencies. Established in 2015, the company has quickly positioned itself as a leader in the development of mobile and business-to-business software solutions. With its headquarters in Jacksonville, Florida, Webstar Technology Group, Inc. is committed to developing software that empowers its users to harness the full potential of their data streams across various devices and platforms.
Products and Services
Webstar Technology Group, Inc. offers a bespoke range of products and services designed to meet the diverse needs of its clientele, encompassing both individual mobile users and businesses seeking to streamline their operations.
- Gigabyte Slayer: This innovative mobile application stands out by enabling users to transmit enhanced data over existing data streams. The primary aim of Gigabyte Slayer is to optimize data usage efficiently, making it an essential tool for anyone looking to manage data consumption on mobile devices such as smartphones and tablets. Its sophisticated technology ensures users can enjoy their devices to the fullest by minimizing unnecessary data wastage.
- WARP-G: Tailored for the business sector, WARP-G represents Webstar Technology Group, Inc.'s commitment to facilitating seamless business operations. It is a business-to-business software solution that aims to streamline processes, enhance communication, and improve data management for companies. WARP-G is designed to adapt to the unique needs of each business, offering a customizable software solution that integrates smoothly with existing systems to drive efficiency and productivity.
