SYTE - Enterprise Diversified

[NoCalledStrikes]

Registrar   HICHINA ZHICHENG TECHNOLOGY LTD.
First.com DNS record updated: Updated Date   2017-04-21T15:13:09Z

[gfp]

Results out.  First.com sold for $200k net of commission vs $200k cost basis. 

https://www.sec.gov/Archives/edgar/data/1096934/000156459017016023/syte-10q_20170630.htm
https://www.sec.gov/Archives/edgar/data/1096934/000156459017016024/syte-ex991_6.htm

I saw it by typing in first.com into an internet browser.

edit: the site appears to be a go daddy type domain name registration company if I am understanding it correctly

That is news to me. Where did you see that? Any mention of how much it was sold for?

[InelegantInvestor]

"The HVAC Operations team continues to harmonize the acquisition entities"

New A Capella business line?

[rkbabang]

"The HVAC Operations team continues to harmonize the acquisition entities"

New A Capella business line?

There is nothing worse than unmellifluous HVAC acquisition entities.

[LightWhale]

Any reason why the stock is up 22% today?

[rkbabang]

Any reason why the stock is up 22% today?

Pretty low volume.  I don't think there is any specific reason other than lack of sellers.

[InelegantInvestor]

Bid/Ask spread has been quite wide the past few days. Much of the time there has been no ask volume below .1895. This is small float and the big seller who was selling over the past few months appears to be done. Unless someone comes in with some volume to sell, any buy demand will push the price up.

[LightWhale]

Thanks

[rkbabang]

3Q17 Earnings https://www.otcmarkets.com/stock/SYTE/news/Sitestar-Corporation-Announces-Third-Quarter-2017-Financial-Results?id=174834&b=y

"Comprehensive income attributable to Sitestar Corporation Stockholders for the third quarter and nine months ending September 30, 2017, was $817,224 and $1,386,777, respectively. Book value per share was 5.4 cents at quarter end compared to 5.1 cents from the previous quarter end."

10-Q: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12372198

[slkiel]

As described in the announcement below and the two shareholder letters, Sitestar is welcoming Jeff Moore (ragnarisapirate) as an operating partner within the company and reorganizing his existing business into a wholly owned subsidiary of Sitestar.

http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=28702

http://sitestarcorp.com/wp-content/uploads/2017/12/Sitestar-Shareholder-Letter-from-CEO-Steven-Kiel.pdf

http://sitestarcorp.com/wp-content/uploads/2017/12/Sitestar-Shareholder-Letter-from-Chairman-Jeffrey-Moore.pdf