Sitestar announces name change and reverse stock split

|About: Sitestar Corp. (SYTE)|By:, SA News Editor

Sitestar Corporation announced its name change to Enterprise Diversified, Inc. effective from today.

The Company also executed a 1-for-125 reverse stock split of its common stock.

Due to the reverse stock split, the Company will trade under the new symbol SYTED for the next 20 days. The "D" will be removed in 20 business days, and the symbol will then revert to the earlier one.

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