HVAC Value Fund Completes Fifth HVAC Acquisition

HVAC Value Fund, LLC, a subsidiary of Sitestar Corporation, completed the acquisition of an unnamed HVAC business for $315,000 on October 1, 2016. This marks the fifth acquisition or investment in the HVAC industry by HVAC Value Fund.

“On October 1, 2016, HVAC Value Fund, LLC ("HVAC Value Fund"), a subsidiary of Sitestar Corporation (the "Company"), completed the acquisition of a business in the Heating, Ventilation, and Air Conditioning ("HVAC") industry for a total cost of $315,000. To date, inclusive of this acquisition, HVAC Value Fund has consummated five (5) acquisitions and/or investments in the HVAC industry.”

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