-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Uvtm9rXBO+Uk0cOnjkssWT0qPZ2ZlAOuKkbqEbtSkcsWXM8AGnYpjDujK0LBVGdR Y+UAJJY82bd3ZBsaZLACUA== 0000898432-07-000313.txt : 20070411 0000898432-07-000313.hdr.sgml : 20070411 20070411171243 ACCESSION NUMBER: 0000898432-07-000313 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070411 DATE AS OF CHANGE: 20070411 GROUP MEMBERS: JONATHAN DASH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SITESTAR CORP CENTRAL INDEX KEY: 0001096934 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 880397234 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-58373 FILM NUMBER: 07761901 BUSINESS ADDRESS: STREET 1: 7109 TIMBERLAKE ROAD STREET 2: SUITE 201 CITY: LYNCHBURG STATE: VA ZIP: 24502 BUSINESS PHONE: 4342372657 MAIL ADDRESS: STREET 1: 7109 TIMBERLAKE ROAD STREET 2: SUITE 201 CITY: LYNCHBURG STATE: VA ZIP: 24502 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DASH ACQUISITIONS LLC CENTRAL INDEX KEY: 0001379034 IRS NUMBER: 593802992 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 9701 WILSHIRE BOULEVARD STREET 2: SUITE 1110 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 BUSINESS PHONE: 310-464-6364 MAIL ADDRESS: STREET 1: 9701 WILSHIRE BOULEVARD STREET 2: SUITE 1110 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 SC 13G 1 sitestar_sc13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934* Sitestar Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 82980W101 - -------------------------------------------------------------------------------- (CUSIP Number) March 29, 2007 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * 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 the disclosures provided in a prior cover page. The information required in 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). Person Authorized to Receive Notices and Communications: Leib Orlanski Kirkpatrick & Lockhart Preston Gates Ellis, LLP 10100 Santa Monica Blvd., 7th Floor Los Angeles, California 90067 (310) 552-5000 2 SCHEDULE 13G - ---------------------- ------------------- CUSIP No. - 82980W101 Page 2 of 7 Pages - ---------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Jonathan Dash - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OR ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 692,981 BENEFICIALLY ----------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 6,307,019 PERSON ----------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 692,981 ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,307,019 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,000,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.95% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA - -------------------------------------------------------------------------------- 3 - ---------------------- ------------------- CUSIP No. - 82980W101 Page 3 of 7 Pages - ---------------------- ------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Dash Acquisitions LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OR ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 6,307,019 BENEFICIALLY ----------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 692,981 PERSON ----------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 6,307,019 ----------------------------------------------- 8 SHARED DISPOSITIVE POWER 692,981 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,000,000 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.95% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- 4 ------------------- Page 4 of 7 Pages ------------------- Item 1(a) Name of Issuer: Sitestar Corporation Item 1(b) Address of Issuer's Principal Executive Offices: 7109 Timberlake Road Lynchburg, VA 24502 Item 2(a) Names of Persons Filing: Jonathan Dash Dash Acquisitions LLC Item 2(b) Addresses of Principal Business Offices: Jonathan Dash 9701 Wilshire Blvd. #1110, Beverly Hills, CA 90212 (310) 464-6364 Dash Acquisitions LLC 9701 Wilshire Blvd. #1110, Beverly Hills, CA 90212 (310) 464-6364 Item 2(c) Citizenship: Jonathan Dash - United States Dash Acquisitions LLC - Delaware Item 2(d) Title of Class of Securities: Common Stock, par value $.001 per share Item 2(e) CUSIP Number: 82980W101 5 ------------------- Page 5 of 7 Pages ------------------- Item 3 Status of Persons Filing: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [X] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4 Ownership: (a) Amount Beneficially Owned: 7,000,000 shares of Common Stock, par value $.001 per share. This statement is filed on behalf of a group consisting of Jonathan Dash and Dash Acquisitions LLC. Jonathan Dash's firm is Dash Acquisitions LLC whose principal business is investment banking. As of April 11, 2007: (i) Jonathan Dash was the record holder of 692,981 shares of common stock of Sitestar Corporation and (ii) Dash Acquisitions LLC was the record holder of 6,307,019 shares of common stock of Sitestar Corporation. In the aforementioned capacities, Jonathan Dash and Dash Acquisitions LLC each may be deemed the beneficial owner of the shares of Sitestar Corporation. (b) Percent of Class: 7.95%. 6 - ---------------------- ------------------- CUSIP No. - 82980W101 Page 6 of 7 Pages - ---------------------- ------------------- (c) Number of shares as to which each person has: (i) sole power to vote or to direct the vote: See Item 5 of each cover page. (ii) shared power to vote or to direct the vote: See Item 6 of each cover page. (iii) sole power to dispose or to direct the disposition of: See Item 7 of each cover page. (iv) shared power to dispose or to direct the disposition of: See Item 8 of each cover page. Item 5 Ownership of 5% or Less of a Class: Not applicable. Item 6 Ownership of More than 5% on Behalf of Another Person: Not applicable. Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company: Not applicable Item 8 Identification and Classification of Members of the Group: See Item 4(a). Item 9 Notice of Dissolution of Group: Not applicable Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 7 ---------------------- Page 7 of 7 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: April 11, 2007 Jonathan Dash By: /s/ Jonathan Dash ------------------------------------- Jonathan Dash DASH ACQUISITIONS LLC By: Jonathan Dash, its investment manager By: /s/ Jonathan Dash ------------------------------------ Jonathan Dash Chairman -----END PRIVACY-ENHANCED MESSAGE-----