Sec Form 13D Filing - Moore Jeffrey filing for ENTERPRISE DIVERSIFIED INC. (SYTE) - 2019-12-18

 

AMENDMENT NO 3

TO

SCHEDULE 13D

(Rule 13d-101)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

 

ENTERPRISE DIVERSIFIED, INC.

(FORMERLY SITESTAR CORPORATION)

(Name of Issuer)

 

COMMON STOCK, PAR VALUE $.125 PER SHARE

(Title of Class of Securities)

 

82980W101

(CUSIP Number)

Jeffrey I. Moore

1904 Deauville Dr

Lexington, KY 40504-1310

859.230.3115

(Name, Address and Telephone Number of the Person Authorized to Receive Notices and Communications)

 

December 9, 2019/December 11-13, 2019

(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 Rule 13d-1(e), 13d-1(f) or 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 Section 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 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.)

 

 

1.	Name of Reporting Person   Jeffrey I. Moore
2.	Check the Appropriate Box if a Member of a Group   (a) ¨ (b) ¨
3.	S.E.C. Use Only
4.	Source of Funds   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		(7)	Sole Voting Power 259,8741
		(8)	Shared Voting Power N/A
		(9)	Sole Dispositive Power 107,047
		(10)	Shared Dispositive Power N/A
11.	Aggregate Amount Beneficially Owned by Each Reporting Person   107,047
12.	Check if the Aggregate Amount in Row (11) Excludes Certain Shares   ¨
13.	Percent of Class Represented by Amount in Row 11   4.07%
14.	Type of Reporting Person   IN

___________________________

¹ All share numbers and prices in this Amendment No. 1 to Schedule 13D give effect to a 1-125 reverse stock split of the Issuer effected on July 23, 2018.

 

Item 1.

Security and Issuer.

 

This statement on Schedule 13D filed by Jeffrey I Moore (reporting person) relates to the shares of Common Stock of the Issuer. The principal executive offices of the Issuer are located at:

 

1518 Willow Lawn Drive

Richmond, Virginia 23230

 

Item 2.

Identity and Background

 

(a) This Schedule 13D is being filed with respect to the shares of the Issuers Common Stock held by Jeffrey I. Moore.

 

(b) The address of the Reporting Person is:

1904 Deauville Dr.

Lexington, KY 40504-1310

 

(c) The Reporting Person is an individual

 

(d) During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors)

 

(e) The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding, he was or he became subject to a judgement, decree, or final order, enjoining future violations of or prohibiting, or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3.

Source and Amount of Funds or Other Consideration

 

Each acquisition of shares of Common Stock by the Reporting Person (or on his behalf and at his direction) was either in open market transactions, the sale of assets to the corporation or through private placements with personal funds.

 

Item 4.

Purpose of Transaction

 

On various dates, Mr Moore sold shares of the issuer’s common stock. Below are the daily sales information:

 

Date	Shares Sold	Average Price
12/09/19	2,360	4.0161
12/11/19	18,300	3.8465
12/12/19	66,355	3.4087
12/13/19	35,804	3.386974

 

 

Additionally, a filing error in the 13D/A ammendment 2, for Mr. Moore, filed on 06/05/19 contained an error, where the number of beneficially owned shares was stated to total 259,874, after various sales transactions. The correct amount was 255,313 shares, and occured due to a typographical error. This ammendment serves to update the 13D, and Form 4s, filed as a result. No sales data was mistakenly misreported, only the ending ownerhip amount, which was off by 4,561 shares, an amount that was sold the transaction before the error occured.

 

After giving effect to all of the transactions listed in this Item 4, Mr. Moore now holds voting and dispositive power over 107,047 shares of Common Stock. Now that Mr. Moore is under 5% ownership of the issuer, no more 13D ammendments will be required

 

Item 5.

Interest in Securities of the Issuer

 

After giving effect to all the transaction set forth in Item 4, the total amount of ownership represented is 107,047 shares of Common Stock.

 

Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

 

There are no contracts, arrangements, understandings or relationships among the Reporting Person and any other person, with respect to the securities of the Issuer.

 

Item 7.

Material to be Filed as Exhibits.

 

None

 

 

SIGNATURES

 

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: December 15, 2019

By: /s/ Jeffrey I. Moore Name: Jeffrey I. Moore