Tag Archives: Jeffrey Moore

Nothing To See Here- Sitestar/Enterprise Diversified, Steven Kiel And The Case Of The Disappearing Management Team

By | May 15, 2019

Is it unremarkable for a company’s CEO, COO and a Director to all resign within a two day period? Steven Kiel seems to think so. Kiel is the largest shareholder and once again CEO of the company formerly known as Sitestar, now known as the boringly generic Enterprise Diversified(SYTE). The company changed its name to reflect its disastrous… Read More »

Minority Shareholders Deliver Strong Rebuke To Steven Kiel And His Cronies

By | September 19, 2016

Sitestar’s(SYTE) shareholder meeting was held today, and it seems that I wasn’t the only one who withheld my votes for Steven Kiel and his cronies.  There were 95,812,187 shares voted for directors. Officers and Directors collectively own 85,839,497 shares. I believe it is safe to assume that those were all voted and were all voted in favor of management’s slate.… Read More »

Why I’m Withholding My Votes For All Sitestar Directors

By | September 16, 2016

It won’t matter. Steven Kiel made sure of that when he seized control of Sitestar(SYTE) without a shareholder vote or a control premium. In fact, Mr. Kiel went from 6% of shares to 42.5% by buying new shares at a significant discount to market price. In an August 11 post on Corner of Berkshire and Fairfax, Mr. Kiel… Read More »