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Webstar Technology Strikes Deals Boosting Portfolio and Reducing Debt

Webstar Technology Strikes Deals Boosting Portfolio and Reducing Debt

Webstar Technology Group (WBSR) has issued an announcement.

On June 21 and 24, 2024, the Company struck three major agreements, expanding its portfolio and eliminating debt. Shareholders benefited from an exchange of contracts for over 200 million shares in ECO, gaining rights and dividends. A separate deal with Webnet Technologies saw the acquisition of software licenses, wiping out over $3 million in debt. Additionally, an asset and intellectual property acquisition from Thunder Energies included cryptocurrency backing for the Bear Village resort project, promising future growth and diversification.

Learn more about WBSR stock on TipRanks’ Stock Analysis page.

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