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Last $0.04 USD
Change Today 0.00 / 0.00%
Volume 0.0
SYTE On Other Exchanges
As of 8:10 PM 11/20/15 All times are local (Market data is delayed by at least 15 minutes).

sitestar corporation (SYTE) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/12/15 - $0.07
52 Week Low
09/28/15 - $0.03
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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sitestar corporation (SYTE) Details

Sitestar Corporation, an Internet service provider (ISP), provides consumer and business-grade Internet access services, wholesale managed modem services for downstream ISPs, and Web hosting services in the United States and Canada. It operates in three segments: Corporate, Real estate, and Internet. The company offers narrow-band services, such as dial-up and ISDN; broadband services comprising DSL, fiber-optic, and wireless services; and value-added services, including Web acceleration, and spam and virus filtering, as well as spyware protection and pop-up ad blocking services. It also markets and sells Web hosting and related services to consumers and businesses. The company markets its Internet service under the and brands. Additionally, it invests in, refurbishes, and markets real estate properties for lease or resale. The company owns approximately 45 residential properties in the Lynchburg-Roanoke, Virginia. Sitestar Corporation was founded in 1992 and is headquartered in Lynchburg, Virginia.

7 Employees
Last Reported Date: 04/1/15
Founded in 1992

sitestar corporation (SYTE) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $48.6K
Chief Financial Officer, Controller and Direc...
Total Annual Compensation: $48.2K
Compensation as of Fiscal Year 2014.

sitestar corporation (SYTE) Key Developments

Sitestar Corp. Restates Earnings Results for the Quarters Ended March 31, 2015 and June 30, 2015

Sitestar Corp. restated earnings results for the quarters ended March 31, 2015 and June 30, 2015. The correction of the errors in professional fees, accounts payable and accrued expenses, and wages and rental expenses, reduced net income by $70,000, for the period ended March 31, 2015 and by $30,000 for the period ended June 30, 2015. The corrections have no effect on the consolidated net income but reallocates expenses in the company's divisions.

Sitestar Corp. announced delayed annual 10-K filing

On 03/31/2015, Sitestar Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Sitestar Corporation Announces Board Appointments

Sitestar Corporation announced that it has agreed to a settlement with the Jeffrey Moore shareholder group. As part of the settlement, the following individuals have been appointed as directors to the company: Roger Malouf, Steven Kiel, and Jeremy Gold. These three new directors join current directors Frank Erhartic, Daniel Judd, and Jeffrey Moore. As part of the settlement, Mr. Erhartic and the Jeffrey Moore shareholder group as shareholders who represent approximately 51% of the outstanding shares, have agreed to elect the directors named via written consent. Accordingly, the Jeffrey Moore shareholder group has agreed to withdraw its definitive proxy statement filed with the SEC.


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Industry Average

Valuation SYTE Industry Range
Price/Earnings 11.0x
Price/Sales 1.4x
Price/Book 0.7x
Price/Cash Flow 11.0x
TEV/Sales 0.9x

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