75 lines
3.5 KiB
Markdown
75 lines
3.5 KiB
Markdown
# Contact List: Forge Atlanta — $3.7B Mixed-Use Entertainment District
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> **Project:** Forge Atlanta — mixed-use entertainment/smart city district in downtown Atlanta
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> **Developer:** Webstar Technology Group Inc. (OTC penny stock)
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> **Est. Cost:** $3.7 billion total / $756M Phase 1
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> **Stage:** LAND CLOSED (Dec 2025) — Eyeing groundbreaking 2026
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> **Capital Status:** ACTIVELY SEEKING — traditional RE financing + blockchain tokenization + municipal bonds
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> **Updated:** 2026-02-01
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---
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## ⚠️ RISK ASSESSMENT
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- Webstar Technology Group is an OTC penny stock company
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- Ambitious project-to-company-size ratio (massive)
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- Tokenization/blockchain capital strategy is unconventional
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- However: they DID close on the land (Dec 2025) and are working with Develop Fulton (county economic development agency)
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- Approach with appropriate due diligence
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---
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## WEBSTAR TECHNOLOGY GROUP LEADERSHIP
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### Ricardo Haynes
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- **Title:** CEO
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- **Organization:** Webstar Technology Group Inc.
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- **Why:** THE decision-maker. Quoted in all press releases. Driving the Forge vision.
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- **Website:** webstartechnologygroup.com/leadership-team
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- **LinkedIn:** Search "Ricardo Haynes Webstar Technology"
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- **Notes:** Said the path forward involves "traditional real estate financing and compliant blockchain technology" + Develop Fulton inducement. Open about needing capital partners.
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- **Key Quote:** "This acquisition marks a significant milestone in Webstar's strategic expansion into high-density urban development."
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### Additional Leadership
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- **Check:** webstartechnologygroup.com/leadership-team for full executive team
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- **SEC Filings:** Check OTC Markets or EDGAR for board of directors, CFO, and officer disclosures
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---
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## MUNICIPAL / GOVERNMENT CONTACTS
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### Develop Fulton (Fulton County Development Authority)
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- **Why:** Proposed inducement for the project — government financial support/tax incentives
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- **Role:** Economic development authority facilitating the deal
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- **Contact:** developfulton.com
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- **Key People:** Executive Director / Board Chair (search website)
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### City of Atlanta — Mayor's Office
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- **Mayor:** Andre Dickens
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- **Why:** Downtown Atlanta mega-project needs mayoral support
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- **Economic Development:** Invest Atlanta (investatlanta.com)
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### Central Atlanta Progress (CAP)
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- **Why:** Cited in Webstar's press release as source for downtown Atlanta data
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- **Role:** Downtown Atlanta improvement district / business association
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- **Website:** centralatlantaprogress.com
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- **Why Contact:** They track all downtown development and can provide introductions
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---
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## OUTREACH STRATEGY
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1. **Direct:** Contact Ricardo Haynes via LinkedIn or Webstar website — he's openly discussed needing financing partners
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2. **Municipal Angle:** Contact Develop Fulton to understand the inducement structure and how capital partners fit
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3. **Due Diligence First:** Before reaching out, review Webstar's OTC filings for financials, insider ownership, and any red flags
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4. **Angle:** They explicitly need "traditional real estate financing" — position as that traditional capital source
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5. **Tokenization Angle:** If you have crypto/blockchain expertise, this is a unique entry point — they're pioneering compliant tokenization for RE development
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---
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## DUE DILIGENCE CHECKLIST
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- [ ] Review Webstar OTC filings (financial statements, insider transactions)
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- [ ] Check Develop Fulton inducement status and terms
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- [ ] Verify land closing details (Dec 2025 per Urbanize Atlanta)
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- [ ] Research Ricardo Haynes' track record on previous projects
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- [ ] Assess penny stock risks vs. project viability
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