ENDI Corp (ENDI)

[wickw50]

and the soap opera continues... On June 2, 2014, Jeffrey I. Moore, Jeremy K. Gold, and Steven L. Kiel delivered a letter to Frank Erhartic and Daniel Judd with a demand to inspect Sitestar's books and records, including the Issuer's stocklist materials, in order to investigate possible mismanagement and waste of corporate assets, to enable the Record Holders to communicate with the Issuers other stockholders on matters relating to their interests as stockholders, and to consider the solicitation of proxies should the Company hold an annual meeting or special meeting. This letter is filed as an exhibit to this 13D.

The Reporting Persons seek to meet with Sitestar management to discuss such matters as disposing of one or more businesses, selling the company or acquiring another company or business, changing operating or marketing strategies, plans or proposals to change the makeup of the board and fill open board seats, and restructuring the company's capitalization or dividend policy.

Sitestar management has thus far been unresponsive. If Sitestar refuses to comply with the inspection rights owed to the Reporting Persons, the Reporting Persons intend to enforce their inspection rights and will seek to be reimbursed for any and all expenses related to that enforcement, as allowable under Nevada law. The Reporting Persons request that current Sitestar shareholders contact them to allow the Reporting Persons to independently compile a list of stockholders.

Jeffrey I. Moore currently sits as a director on Sitestar's board of directors. However, the company has not held a board meeting since at least January 2014, in violation of Sitestar's bylaws which provide for monthly board meetings. Therefore, Mr. Moore is not in possession of any confidential or other restricted information. Furthermore, Jeffrey I. Moore's April 17, 2014 request, as detailed in his 13D filing on that date, has not been acknowledged by the company. This April 17, 2014 request was for the company to amend its 10K, which contained several factual errors, and to remove Mr. Moore's signature from the document, since Mr. Moore did not review the filing and did not authorize Sitestar's management to electronically sign his name.