Webstar Technology Group Inc (OTC: WBSR) is a company that has pivoted from technology licensing toward real estate development, with its primary active project being Forge Atlanta, a 10-acre mixed-use development in Downtown Atlanta's Castleberry Hill district. The company holds a 90% ownership stake in Forge Atlanta Asset Management LLC, formed via a special purpose vehicle with Urbantec Development Partners LLC (10%) as of September 26, 2025. The company also acquired assets and intellectual property associated with Bear Village Inc., a family resort development concept, via an asset purchase agreement executed July 15, 2024, with consideration of 201,057,278 shares of common stock issued to the seller on October 1, 2024. As of the 10-K filed April 15, 2026, the company's fiscal year ended December 31, 2025 financial statements remain unaudited, as the previously engaged independent registered public accounting firm did not complete its audit procedures. A $33,700,000 purchase money promissory note related to real estate acquisition is in default as of April 1, 2026, accruing interest at 12.5% per annum.

Revenue model

The filing excerpts do not describe an operating revenue model with disclosed revenue figures for FY2025. The company has historically held technology licensing agreements (Gigabyte Slayer and Warp-G software via Soft Tech Development Corp) and is pursuing real estate development, but no revenue streams or financial results are disclosed in the available excerpts.

Products and services

Forge Atlanta, a 10-acre mixed-use real estate development in Downtown Atlanta's Castleberry Hill district (SPV formed April 29, 2025). Bear Village Inc. family resort development assets and intellectual property, acquired July 15, 2024. Historical technology licensing interests in Gigabyte Slayer and Warp-G software under agreements with Soft Tech Development Corp.

Customers and end markets

The filing excerpts do not identify specific customers or disclose end-market revenue data.

Value-chain role

Real estate development and asset acquisition, operating through special purpose vehicles. The company's CEO, Ricardo Haynes, serves as Managing Partner of Forge Atlanta LLC. The company sources third-party investment financing for project development.

Geographic exposure

Downtown Atlanta, Georgia (Forge Atlanta project, Castleberry Hill district).

Source: SEC 10-K, filed 2026-04-15

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