Webstar Technology Group Inc (WBSR)

[CoalMinersGlove]

Especially IF true.. your right that's not slanderous at all.... calm down Karen.. buy some stock then we'll talk

If I type it in bold, it will mean more :)

[grab]

NO it's not. Especially if true. Perhaps you could offer something worthwhile that has been done. Excluding the outstanding job done by the CFO Hutch with his accounting and handling that area.
If you knew more about corporate governance and stock trading you would know that. My opinion of the inept and useless is very valid, in fact quite mild and gentlemanly.

[future winner]

For now fidelity will take them just not trade them. Give it time it will happen.

[w6w9t8015]

Got them un restricted but no one to date will accept them

[future winner]

Does anyone have restricted shares still ? If you do you should simply ask your brokerage firm. Because if everyone was asking it wouldn’t be getting brought up right ??

[CoalMinersGlove]

....but calling people "inept fools" and "useless" isn't slanderous... pot calling the kettle black it would seem.

[iwondertoo]

I only know, of myself, that I talk to Owens on occasion, but I know better than to ask about company business since it has gone public. He can no longer discuss it, but I enjoy visiting with him. It has been many years, creating a friendship I enjoy. As far as the restriction goes, my understanding of the legalities is that each shareholder has to contact Vstock regarding the restriction and inquire. Since the stock is no longer in company control, I don't believe that the company can come out and do anything to the shareholders' stock. I could very well be wrong, I've never invested privately before, but I vaguely remember reading that in another stock that I saw go public. Wouldn't hurt to ask them......

PS...he has never even suggested that I post anything on the board

[grab]

WOW there are some very dangerous posts. Dangerous for the company, that is. To start mentioning such things as black list, ponzi, yachts, cars and so on are the most dangerous things to bring on to aboard like this, very, very bad!!
Then a stupid statement like, and I quote, [i]" Now, the company will have to divert resources away from their business plan to respond to inquiries from the uninformed.". how do you or anyone of you posting are really uninformed. I can easily see from some of the posters, from what they write, that they are very informed and familiar with and close to management. Indeed from the look of it they are even posting under instruction. Very badly written too!
Those nasty things posted above can have tremendous repercussions. If there is any vestige of a truth in them, those involved should be very afraid. That sort of thing is easily traced and investigated these days once the subject is brought up.
THIS IS WHY, it is very important MISTER CEO to communicate with shareholders and, why in hell's name has the restriction not been lifted from all shareholders and some encouraging news released AND the shell shield not removed???

[CoalMinersGlove]

Yeah I'm not 100% sure either... I'm not sure how much people invested and to be honest it is nobody's business but their own.... you know to the people who actually invested. :)

[screaming_eagle]

It is absolutely ridiculous that you would make a complaint based on incorrect information and false claims. Now, the company will have to divert resources away from their business plan to respond to inquiries from the uninformed.

This attorney is the one who is the scammer. Ask him what type of fraudulent entity spends the money required to go public and then uplist. What type of company has their 10-k reports filed on time each quarter and thoroughly completed. If this is a ponzi or something to that effect, it is the worst in history.

People like you, who run to attorneys, and don’t research on their own are the problem today. I hope your man or woman enough to come on here and eat your words when the time comes. In the meantime, please stop wasting everyone’s time.

[iwondertoo]

I am still trying to figure out what yachts Owens managed to pick up. I can't fathom where that accusation came from. I have invested here, but there is no way that I invested enough for him to get one, much less more than one. I only wish we had backers willing to invest that much money. LOL

Not to mention, I would imagine that this has all been much more of a drain on his bank account than something that added to it.....hopefully, that will change for all of us. :<)

[CoalMinersGlove]

Hang in there

[iwondertoo]

Basically what you are saying is that you had unclaimed shares that Owens was trying to locate the owner of. He didn't tell you that if you pay him X amount of money you will get X x Y back. You went to a brokerage that knew nothing about Webstar and the broker rightfully warned you that there are a lot of scammers out there. Therefore, since Webstar is a start-up without having a business yet, just patents and ideas of monetizing them, they are a scam and need to be reported to the SEC? I have, unfortunately, watched a lot of scams over the years and I haven't seen one current on reporting......whether this company will end up failing or not is to be seen. But, I believe they are trying. I've seen too many start-ups and not so start-ups R/S the stockholders out of any holdings they own, and just start selling stock to a new round of patsies. I have been grateful that hasn't happened, and hope that will continue.....

By the way, one of the first things the company did when they realized that brokerages didn't want pink stocks was to go up a level. Unfortunately, once the shares are in the owners hands, they have no say in how the trading goes, so if something has gone wrong with the trading, you can't really hold them to blame. Fidelity did, originally, allow someone to trade, we could see it happen......obviously something happened to make them change their mind.

[CoalMinersGlove]

Well there was some movement today..

[grab]

LAST POST FOR NOW.
if anyone is really concerned with their holdings, then copy my latest posts and send them to the management, ALL MEMBERS SO THEY MIGHT REALIZE THAT KEEPING QUIET AND NOT COMMUNICATING WILL CAUSE INCREDIBLE HARM. AND ALL should be aware what is going on out there in the share world.

I DO KNOW WHAT I AM TALKING ABOUT

[grab]

IN MY CONSIDERATION, I have never hammered the Company, Just the management. They are all ,in my opinion are a bunch of inept fools. ( BUT NOT HAROLD HUTCHINS, and in the directors, KEVIN HARRINGTON and MICHAEL HENDRICKSON ). The rest are nothing but useless faces.The company has been running a gold mine in E Learing especially during Covert farce but run by a fool. Actually it has a great potential with the right person especially now.
The company, in my opinion has great potential, but just needs the right people to get it on its feet.

[grab]

REGARDING POST 661. be very careful of posting
accusations by TD bank and Fidelity of a company being "Blacklisted" without a sound basis, just hearsay that is slander without a basis of truth and must have substantiated proof before things like that are thrown around. There could be grounds of millions being involved in any court investigations. This is something to consider on both sides.

[grab]

NOW TO ENLIGHTEN SHAREHOLDERS ON
selling their shares. This is how it works:
All of your shares are sitting in Vstock as book shares. One problem, if you look at your statement you will notice they are restricted (so you cannot trade them). SO how can a broker accept shares that are restricted? They cant. in theory the Company should issue an order to the company lawyers to send an OPINION letter to Vstock to lift the restriction on the shares (Rule144) and make them all free trading. This is the rule144 that deals with the 6 month ownership rule. A very simple process. If the company doesn't do this, you can send a request to the company lawyers to do it for you. There will be no cost.
( This is different to Rule144i to get rid of the shell banner)

You can then request Vstoc to put them in DRS format so as to have them to sent to a broker as free trading shares There is a small fee involved with the transfer agents (Vstock) for under $50. Then you will have to find a broker to accept them. For that put in a search, but they could be on the high side for commissions. But who cares you can then trade. They may charge you to obtain a Form 144i on the company to justify ignoring the Shell banner, but so what.

[grab]

CONTINUATION OF MY LAST POST.
Consider a friggin museum pushed with little art knowledge nor knowledge and education of marine life or a history of the technology involved in ship wrecks. That sure won't bring in much in the line of return. BUT 40+ mil shares will[/b] at $5 a share. It would be smarter to sell guitars, everybody is interested in them!

[grab]

SHAREHOLDERS FOR YOUR OWN GOOD,
Listen to what I have to say, Carefully.I have some very good friends who Have vested anything from $5000 to $75000 and a couple considerably more. They asked to check Webstar carefully and let them know what's with the company. Well this is what I have done and know the history right back to 10 years ago and then its inception in 2015 to the present ( Webstar Technology Group). THE COMPANY IS SOUND, certainly on the surface, otherwise why spend the enormous amount required to launch, uplist etc.
The founder CTO (what ever that means) chairman of the board, if you look at the 8-K and 10-K, all the information, you will see that CTO founder has over 40 m shares. Now would it be logical just to throw that all away for the benefit of selling a few (by comparison) to do what post 666 ( WOW that is a bad number ) is suggesting???. Sure the museum is puzzling that it would be pushed and not the Company. But then again programmers are a weird bunch and have no idea of real business.
I will continue this later.

[Sandman6]

Grab I didn't even know about this board until a few days ago. The only reason is because I was contacted by James Owens was because I was a "loose" end. I had to contact an attorney in Phoenix to get Vstock to do a check of due diligence ($450 btw). The attorney said he paid himself (James Owens) 2 million dollars. He also said they typically use the excuse is that is how much it costs to start the business. He doesn't have to show proof or disclose how he funded the business. He basically said these guys are conmen in a gray legal area but con artists non the less. No sales in over 5 years. He wished our group good luck said to file a complaint with the SEC and contact senators regarding Pink OTC businesses. I told him about them buying yachts and some museum but no servers for Gigaslayer. He called it a vaporware scheme. He noted no regular updates or news for the business. He said all their cars and yachts are bought and paid for through the scheme typically going around getting other "investors" into their pitch. I sent a letter to the SEC and to Senator Thom Tillis regarding these allegations. I suggest the same to stop them from victimizing other people. It's an election year. If they did nothing wrong then it will be fine and we will be able to sell if not hopefully they will be barred from doing this to other hard working people.

[w6w9t8015]

ive been told by 3 brokers, they will never take them or any ottcc ticker

[grab]

There you go If any of you care to read my previous posts, I did warn you that this company needs to get a kick in the butt re management. But instead of contacting them en mass and demanding information including consideration for shareholders, you all just sit with TiB and MiN. That will get y'all nowhere!!
The SHELL RISK banner must be removed before they do anything else, and it is not at all impossible. Fact is even a stinky pink OTCBB company would have more future on the exchange than a QB venture company would have with that shell risk banner attached. God knows which bright spark did the filing onto QB without attending to that at the same time!!!
SO demand contact and some answers (not necessarily close secrets) but general info and direction.
This CEO is hopeless and, or, led by the nose by someone with no, NADA, business sense, nor share trading acumen. Possibly greed, guaranteed to backfire on those who who are pulling the the strings. Heck it is blatently obvious to any broker with half a brain.
Numbers is power, and it will pull the wool off the faces of those who think they are safe, just waiting. Especially those with vested $$s at at stake.

[CoalMinersGlove]

Me either.. I was told by Fidelity that I could keep them there but that I couldn't sell them after they accepted them.

Get some press releases going, get people talking, tease at this latest release, I don't know something. I am sure there is a good reason why Webstar isn't releasing anything yet or hasn't in sometime. We just have to hope they know what they're doing and have a good plan in mind :) Hang in there :)

[w6w9t8015]

No one for me

[Sandman6]

No longer tradeable.ok so today I tried to sell some shares on Fidelity. I was told Fidelity and TD ameritrade will no longer accept stock that was sold by Webstar directly to people. They have black listed Webstar and is currently in their respective security control departments. Call [phone]. Just the facts. Trying to find a broker please let me know if anyone has one that will accept these pink otc shares.

[CoalMinersGlove]

LOL that is true! We will see what happens in June. I expect it will be worth the wait. (fingers crossed)

[iwondertoo]

Well, at least they do their filings :<)

https://www.sec.gov/Archives/edgar/data/1645155/000149315222011855/0001493152-22-011855-index.htm

[CoalMinersGlove]

I guess we just need to sit tight until whatever is announced in June is announced. I'm hoping it is something significant as I am sure you all are. An updated version? Seeing it (Gig Slayer, Warp G) in action in any form or fashion would be awesome! Hang in there everyone :)

[InvestaMista]

Grab, you don't own shares?

[grab]

IN VIEW of my post, I will enlighten those who are real shareholders and not those in the know just what is RULE 144. so that if anyone who does make contact will have the jist of the subject.

A company is not a shell company as in Rule 144(i)(1), if it is a mandatory publicly reporting company.?It has filed all reports (other than Form 8-K reports) required under the Exchange Act for the last 12 months (or a shorter period that the issuer was required to file reports and materials).
As well it has filed current Form 10 information with the OTC showing its status as an entity that is no longer an issuer described in Rule 144(i)(1), and at least one year has passed since the issuer filed that information with the Commission.
In general a shell company is one basically without a plan of operation and a lack of operations during at least part of their company history. Shell companies must become current in their mandatory EDGAR public reporting responsibilities
In other words a history of living and must have at least some type of operation going, In this case E learning will do.
In other words they need an opinion from a lawyer to report its history etc. Large legal firms are generally not into that, but for a small fee ranging from $500 to $1000, a smaller law firm will submit such a request in the form of an opinion letter to remove the “Shell”banner.

[grab]

The reason I don’t is because I am not a shareholder and just visit the board because I said to a number of friends who are shareholders I would. They in turn say they have contacted management with other concerns and I, in turn, haven’t contacted those share holders, for some time. Besides which surely the company realizes that just going QB is not that effective and just ignore the “Shell” banner!
WHY DON’T YOU OR ANY OTHER SHARE HOLDERS contact the company. I am pretty sure from CEO’s actions that he is not familiar with going public and has little clue of what Rule144 encompasses, other than just the 6 month part covering shareholders. The CFO surprises me tho.

[surfguy]

"Gee just getting an opinion from a smaller cheaper legal firm to the OTC would remove that." Why don't you help the shareholders out by contacting Webstar Management and inform them that they need to do this?

[grab]

I see the MM's are still playing around with probably a few who have freed up their shares in small quantity's
I am amazed that the company is still trading under the "Shell" banner. a definite No NO for PR and visibility that would put anyone off. Surely management would know better than that. Gee just getting an opinion from a smaller cheaper legal firm to the OTC would remove that.
But then again it must all be a grand secret plan. Hmm I guess all will eventually find out. Those that I know are very anxious and I don't blame them.

[grab]

Haven' visited the board in the last couple of months.
Wow but it has been stale with very little, other than meaningful back and forth. seems the stock has stuck lifeless. This is not good and it seems shareholders are sitting in resignation and no backbone. Anyone contacted management and made a bit of fuss? I guess not.

[surfguy]

There are so-called secondary brokerage firms that will take them if your willing to pay the outlandish fees they charge. I'm just sitting tight in Fidelity waiting for Webstar to get some projects going which will spur new retail interest and real trading going. Then maybe firms like Fidelity will reconsider.

[CoalMinersGlove]

same here but, Im not planning on selling anytime soon. I would like to see some kind of working something though :\

[w6w9t8015]

Shares are stuck no one willing to take them

[CoalMinersGlove]

sucks sitting idle for so long. Hopefully June brings something exciting :)

Hope you are all well

[CoalMinersGlove]

Tried to jump on the Webstar website and got an error... interesting. An updated coming to their website maybe?

[CoalMinersGlove]

so Fidelity will take them, I just cannot sell them through Fidelity. (Not that I planned on it)

[SoccerFan1]

"Management has decided that the fastest way to get the Company’s technologies to market is to not bear the burden ourselves. Numerous third parties already have the requisite infrastructure in place and there is no need for the Company to re-build those elements. Additionally, the third parties we seek to align ourselves with, are better positioned to handle the retail, business and governmental marketing sectors worldwide. They will be experienced, globally well-known entities with everything already in place for a quick launch/utilization of the Company’s technology.

There are three main paths that the Company is pursuing: 1) Licensing the technology to third parties; 2) Selling the technology via Permanent License to a third-party; 3) Acquisition of the Company by a third party via a change of control of the Company; all of which would generate up-front and residual revenues for the Company."

[surfguy]

I don't know what makes you think that

[w6w9t8015]

This is getting ridiculous dealing with v stock, needing a a medallion stamp, this and that, I'm pushing 2 months and nada

[CoalMinersGlove]

So far.. 0-2 Etrade and Fidelity said they would, but then said they wouldn't take the shares. Can anyone help?

[SoccerFan1]

Sounds like a quick sale of the company is possible

[InvestaMista]

These seems like really good news to me:

https://www.marketscreener.com/quote/stock/WEBSTAR-TECHNOLOGY-GROUP-122419397/news/WEBSTAR-TECHNOLOGY-GROUP-INC-MANAGEMENT-S-DISCUSSION-AND-ANALYSIS-OF-FINANCIAL-CONDITION-AND-RESUL-39894716/

[CoalMinersGlove]

Fidelity wont take them either.. huh

[future winner]

Some news is good news.. all looks good to me. Still holding !

[CoalMinersGlove]

The latest 10K is in.. Some interesting things in there in regards to Webstar's plans moving forward (while vague)

https://sec.report/Document/0001493152-22-007923/