UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities
Exchange Act of 1934
(Amendment No. 4)*
SiteStar Corporation
(Name of Issuer)
Common Stock, par value $0.001
(Title of Class of Securities)
82980W101
(CUSIP Number)
Jeffrey I. Moore
1904 Deauville Dr.
Lexington, KY 40504
859.230.3115
(Name, Address and Telephone Number
of Person
Authorized to Receive Notices and Communications)
December 19, 2014
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 82980W101 | 13D | Page 2 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jeffrey I. Moore |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) PF |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 2,610,849 | ||
| 8. | SHARED VOTING POWER 2,812,524 | |||
| 9. | SOLE DISPOSITIVE POWER 2,610,849 | |||
| 10. | SHARED DISPOSITIVE POWER 2,812,524 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,368,373 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.32% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 3 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Julia H. Moore |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) PF |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 0 | ||
| 8. | SHARED VOTING POWER 758,489 | |||
| 9. | SOLE DISPOSITIVE POWER 0 | |||
| 10. | SHARED DISPOSITIVE POWER 758,489 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 758,489 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.02% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 4 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jay B. Moore |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) PF |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 0 | ||
| 8. | SHARED VOTING POWER 648,675 | |||
| 9. | SOLE DISPOSITIVE POWER 0 | |||
| 10. | SHARED DISPOSITIVE POWER 648,675 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 648,675 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.88% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 5 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) William T. May |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) PF |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 0 | ||
| 8. | SHARED VOTING POWER 218,000 | |||
| 9. | SOLE DISPOSITIVE POWER 0 | |||
| 10. | SHARED DISPOSITIVE POWER 218,000 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 218,000 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.29% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 6 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) M & M Investments |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) PF |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 0 | ||
| 8. | SHARED VOTING POWER 1,187,360 | |||
| 9. | SOLE DISPOSITIVE POWER 0 | |||
| 10. | SHARED DISPOSITIVE POWER 1,187,360 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,187,360 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.6% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) OO |
| CUSIP No. 82980W101 | 13D | Page 7 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Arquitos Capital Partners, LP |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 4,580,260 | ||
| 8. | SHARED VOTING POWER 0 | |||
| 9. | SOLE DISPOSITIVE POWER 4,580,260 | |||
| 10. | SHARED DISPOSITIVE POWER 0 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,580,260 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.18% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) PN |
| CUSIP No. 82980W101 | 13D | Page 8 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Arquitos Capital Management, LLC |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION Virginia |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 4,580,260 | ||
| 8. | SHARED VOTING POWER 0 | |||
| 9. | SOLE DISPOSITIVE POWER 4,580,260 | |||
| 10. | SHARED DISPOSITIVE POWER 0 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,580,260 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.18% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IA |
| CUSIP No. 82980W101 | 13D | Page 9 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Steven L. Kiel |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 0 | ||
| 8. | SHARED VOTING POWER 4,580,260 | |||
| 9. | SOLE DISPOSITIVE POWER 0 | |||
| 10. | SHARED DISPOSITIVE POWER 4,580,260 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,580,260 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.18% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 10 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Alesia Value Fund LLC |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION California |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 3,008,183 | ||
| 8. | SHARED VOTING POWER 0 | |||
| 9. | SOLE DISPOSITIVE POWER 3,008,183 | |||
| 10. | SHARED DISPOSITIVE POWER 0 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,008,183 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.06% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) OO |
| CUSIP No. 82980W101 | 13D | Page 11 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Alesia Asset Management LLC |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION California |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 3,008,183 | ||
| 8. | SHARED VOTING POWER 0 | |||
| 9. | SOLE DISPOSITIVE POWER 3,008,183 | |||
| 10. | SHARED DISPOSITIVE POWER 0 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,008,183 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.06% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IA |
| CUSIP No. 82980W101 | 13D | Page 12 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jeremy K. Gold |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 80,000 | ||
| 8. | SHARED VOTING POWER 3,008,183 | |||
| 9. | SOLE DISPOSITIVE POWER 80,000 | |||
| 10. | SHARED DISPOSITIVE POWER 3,008,183 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,088,183 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.17% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 13 of 18 Pages |
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Christoper Olin |
|||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) X (b) ¨ |
|||
| 3. | SEC USE ONLY |
|||
| 4. | SOURCE OF FUNDS (see instructions) WC |
|||
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨ | |||
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER 0 | ||
| 8. | SHARED VOTING POWER 3,008,183 | |||
| 9. | SOLE DISPOSITIVE POWER 0 | |||
| 10. | SHARED DISPOSITIVE POWER 3,008,183 |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,008,183 |
|||
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) ¨ |
|||
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.06% |
|||
| 14. | TYPE OF REPORTING PERSON (see instructions) IN |
| CUSIP No. 82980W101 | 13D | Page 14 of 18 Pages |
Introduction
This Amendment No. 4 amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission (the SEC) on December 22, 2014 (the Original Schedule 13D).
Item 4. Purpose of Transaction.
Item 4 of the Initial 13D is hereby amended by adding the following:
On December 19, 2014 this 13D group sent a letter to SiteStar CEO Frank Erhartic in regard to the calling of a special meeting of shareholders to elect directors to the company's board. The letter was signed for and recieved at SiteStar's headquarters on December 22, at approximately 11:06 AM. A copy is filed herewith as an exhibit and incorporated herein by reference. A proxy solicitation will follow, with the election scheduled to be held on Febuary 12, 2015 at 10 AM EST. The date of record is expected to be January 7, 2015.
| CUSIP No. 82980W101 | 13D | Page 15 of 18 Pages |
Item 5. Interest in Securities of the Issuer.
As of June 23, 2014, 74,085,705 shares of Sitestar's common stock were outstanding as of the most recent 10Q filed November 14, 2014.
| A. | Jeffrey I. Moore benefically owns 5,428,373 shares constituting 7.32% of the Issuer's outstanding shares. He has sole voting power for 2,610,849 shares and shared voting power for 2,812,524 shares. No transactions have been entered since the most recent 13D filing. |
| B. | Julia H. Moore benefically owns 758,489 shares constituting 1.02% of the Issuer's outstanding shares. She has shared voting power for 785,489 shares. No transactions have been entered since the most recent 13D filing. |
| C. | Jay B. Moore benefically owns 648,675 shares constituting 0.88% of the Issuer's outstanding shares. He has shared voting power for 648,675 shares. No transactions have been entered since the most recent 13D filing. |
| D. | William T. May benefically owns 218,000 shares constituting 0.29% of the Issuer's outstanding shares. He has shared voting power for 218,000 shares. No transactions have been entered since the most recent 13D filing. |
| E. | M & M Investments benefically owns 1,187,360 shares constituting 1.6% of the Issuer's outstanding shares with shared voting power for 1,187,360 shares. No transactions have been entered since the most recent 13D filing. |
| F. | Arquitos Capital Partners, LP benefically owns 4,580,260 shares constituting 6.18% of the Issuer's outstanding shares with sole voting power for 4,580,260 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| G. | Arquitos Capital Management, LLC is the general partner of Arquitos Capital Partners, LP and may be deemed to be the beneficial owner of the 4,580,260 shares owned by Arquitos Capital Partners, LP. This ownership constitutes 6.18% of the Issuer's outstanding shares with sole voting power for 4,580,260 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| H. | Steven L. Kiel is the managing member of Arquitos Capital Management, LLC and may be deemed to be the beneficial owner of the 4,580,260 shares owned by Arquitos Capital Partners, LP. This ownership constitutes 6.18% of the Issuer's outstanding shares with shared voting power for 4,580,260 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| CUSIP No. 82980W101 | 13D | Page 16 of 18 Pages |
| I. | Alesia Value Fund LLC benefically owns 3,008,183 shares constituting 4.06% of the Issuer's outstanding shares with sole voting power for 3,008,183 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| J. | Alesia Asset Management LLC is the managing member of Alesia Value Fund LLC and may be deemed to be the beneficial owner of the 3,008,183 shares owned by Alesia Value Fund LLC. This ownership constitutes 4.06% of the Issuer's outstanding shares with sole voting power for 3,008,183 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| K. | Jeremy K. Gold is the managing member of Alesia Asset Management LLC and may be deemed to be the beneficial owner of the 3,008,183 shares owned by Alesia Value Fund LLC. This ownership constitutes 4.06% of the Issuer's outstanding shares with shared voting power for 3,008,183 shares. He has sole voting power for 80,000 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| L. | Christopher Olin is the managing member of Alesia Asset Management LLC and may be deemed to be the beneficial owner of the 3,008,183 shares owned by Alesia Value Fund LLC. This ownership constitutes 4.06% of the Issuer's outstanding shares with shared voting power for 3,008,183 shares. Transactions in the shares over the past 60 days are set forth in Exhibit 2 and are incorporated herein by reference. |
| CUSIP No. 82980W101 | 13D | Page 17 of 18 Pages |
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.
Pursuant to Rule 13d-1(k) promulgated under the Exchange Act, the Reporting Persons have entered into an agreement with respect to the joint filing of this statement, and any amendment or amendments thereto. This agreement was previously filed as an exhibit in the original 13D and is incorporated herein by reference.
Except as set forth herein, there are no contracts, arrangements, understandings or relationships among the Reporting Persons, or between the Reporting Persons and any other person, with respect to the securities of the Issuer.
Item 7. Material to Be Filed as Exhibits.
| Exhibit No. | Description |
| Ex.1 | Letter to Frank Erhartic |
| Ex.2 | 60 Day Transactions |
| CUSIP No. 82980W101 | 13D | Page 18 of 18 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Date: June 3, 2014 |
| /s/ Jeffrey I. Moore |
| Name: Jeffrey I. Moore |
| /s/ Jeffrey I. Moore |
| Name: Jeffrey I. Moore as attorney-in-fact for Julia H. Moore |
| /s/ Jeffrey I. Moore |
| Name: Jeffrey I. Moore as attorney-in-fact for Jay B. Moore |
| /s/ Jeffrey I. Moore |
| Name: Jeffrey I. Moore as attorney-in-fact for William T. May |
| /s/ Jeffrey I. Moore |
| Name: Jeffrey I. Moore as attorney-in-fact for M & M Investments |
| Arquitos Capital Partners, LP |
| By: Arquitos Capital Management, LLC |
| its general partner |
| /s/ Steven L. Kiel |
| Name: Steven L. Kiel |
| Title: Managing Member |
| Arquitos Capital Partners, LP |
| /s/ Steven L. Kiel |
| Name: Steven L. Kiel |
| Title: President |
| Arquitos Capital Management, LLC |
| /s/ Steven L. Kiel |
| Steven L. Kiel, individually |
| Alesia Value Fund LLC |
| By: Alesia Asset Management LLC |
| its managing member |
| /s/ Jeremy K. Gold |
| Name: Jeremy K. Gold |
| Title: Managing Member |
| Alesia Asset Management LLC |
| /s/ Jeremy K. Gold |
| Jeremy K. Gold, individually |
| /s/ Christopher Olin |
| Name: Christopher Olin |
| Title: Managing Member |
| Alesia Asset Management LLC |
| /s/ Christopher Olin |
| Christopher Olin, individually |