SITESTAR CORPORATION (OTCMKTS:SYTE) Files An 8-K Regulation FD Disclosure
Item 7.01 – Regulation FD Disclosure.
On Friday, March 24, 2017, Sitestar Corporation (the Company)
posted a letter to shareholders (the Letter to Shareholders) from
Chief Executive Officer, Steven L. Kiel to its website at
http://sitestarcorp.com/letters-to-shareholders. A copy of the
Letter to Shareholders is attached hereto as Exhibit 99.1,
and is incorporated herein by reference.
The information included in this Current Report on Form 8-K
(including the Letter to Shareholders attached hereto as
Exhibit 99.1) is being furnished by the Company to Item
7.01 of Form 8-K and shall not be deemed filed for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liability of that section, nor shall
such information be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the
Securities Exchange Act of 1934, as amended, except as expressly
set forth by specific reference in such a filing.
Item 9.01 – Financial Statements and Exhibits.
(a) Financial statements of businesses acquired not applicable
(b) Pro forma financial information not applicable
(c) Shell company transactions not applicable
(d) Exhibits
Exhibit No. | Exhibit Description |
99.1 |
Sitestar Corporation Letter to Shareholders dated March 24, 2017 |
About SITESTAR CORPORATION (OTCMKTS:SYTE)
Sitestar Corporation, formerly Interfoods Consolidated, Inc., is an Internet service provider (ISP). The Company operates through three segments: Internet, Real estate and Corporate. The Company’s Internet segment provides Internet access to customers throughout the United States and Canada. The Company’s Real estate segment invests in, refurbishes and markets real estate for resale. The Corporate group is the holding company that oversees the operating of the Internet group and arranges financing. The Company offers consumer and business-grade Internet access, wholesale-managed modem services for downstream ISPs, Web hosting, and various ancillary services. The Company owns a real estate investment portfolio that includes residential properties, vacant land and a commercial property. Its real estate portfolio is primarily focused on the Roanoke and Lynchburg areas of Virginia. SITESTAR CORPORATION (OTCMKTS:SYTE) Recent Trading Information
SITESTAR CORPORATION (OTCMKTS:SYTE) closed its last trading session down -0.0030 at 0.0800 with 10,000 shares trading hands.