Webstar Technology Group Inc (WBSR)

[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/

[CoalMinersGlove]

I really want to see the tech in action. As I am sure most of you are, I have been a share holder for some time. I have yet to see the actual technology working or know anything about what is to come. I am extremely excited about the "new release" in June and I really hope that it is as grandiose as it could be. From a share holders perspective though, Id like to see more distribution of information (as much as can be released) as possible. Get the word out and get people talking. Being new to the investment game I'd like to ask you guys:
Am I wrong in thinking that?
Are these realistic expectations?

***please do not take the above as being neg against the company, I'm just asking questions :) ***

[future winner]

No prob coal anytime.

[CoalMinersGlove]

Thanks for the information! And I am with you guys.. hold hold hold! Big things are on their way. (I hope soon)

[future winner]

I like the way you think :)

[SoccerFan1]

I am not selling until it hits $35.00/share.....

[future winner]

Coal
Fidelity will.

[CoalMinersGlove]

So it looks like E trade wont take OTCQB Transfers even after they said they would... Awesome.

[future winner]

I meant looking good !!!! :)

[future winner]

Yea I saw it. Looking good ??

[CoalMinersGlove]

Nice! Yeah I hear ya. I saw this morning <from Linked In, a post from a few days ago referencing June for some kind of a release.. has anyone else see that?

[future winner]

Nice work !

[The-Rookie]

Sold all mine last year for $66,000.00 profit. Tired of waiting. I'll take it. Good luck to you all.

[CoalMinersGlove]

I haven't seen or ready anything new in a while..

[CoalMinersGlove]

Still holding....... :|

[future winner]

:) hope all is well all. Who’s still in and buying more !

[CoalMinersGlove]

Either one... lol

I just want to see some kind of progress or statement, press release. or whatever you want to call it regarding the actual apps and tech as I am sure we all do.
Shareholder meetings.. those are a real thing right?

I have questions lol :)

[iwondertoo]

typo? I am sure you meant zzzzzzzzzzz.... ;<)

[CoalMinersGlove]

.......

[CoalMinersGlove]

any progress from anyone? Has anyone got their share yet? (totally understand if you dont wanna say)

Hope all is well everyone :)

[CoalMinersGlove]

so what happens now?

[CoalMinersGlove]

E Trade will take them, just have to get them from V Stock. I called and spoke to people at both places and both said a transfer to Etrade was no problem... just need to pay a small fee to vstock to transfer them. Has anyone else had any luck?

Happy days are coming everyone!

[CoalMinersGlove]

Found this bit of information that I didn't know.. maybe some of you didn't know either...?

How do you tell if a stock is being bought or sold?
If the price and volume go up then the volume is considered a buy vol. Likewise, if the price comes down, and vol increases it is considered a selling volume.

[surfguy]

TD rejecting transfer of shares even with the Uplist. Need to open an account at Fidelity who will take the shares as long as the SP doesn't go below .25

[CoalMinersGlove]

So do I, as soon as something on the actual tech side is revealed or made public. That is what I am waiting for. I am really excited to see the application(s) in use.

[iwondertoo]

:<)

[InvestaMista]

I feel certain this will be as big as we hoped!

[CoalMinersGlove]

I am eagerly anticipating news/releases on the different apps and tech. With the up listing, I'm really hoping we hear some things soon! Not just us, but the public.