




                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                 SCHEDULE 13G/A
                                 AMENDMENT NO. 3


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                  


                              SITESTAR CORPORATION
                -------------------------------------------------
                                (NAME OF ISSUER)


                                  COMMON STOCK
                -------------------------------------------------
                           (TITLE CLASS OF SECURITIES)


                                    82980W101
                -------------------------------------------------
                                 (CUSIP NUMBER)


                                    
                -------------------------------------------------
             (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).




                                       1







CUSIP NO. 82980W101          13G/A       PAGE 2 OF 5 PAGES


1.  NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF PERSON


    FREDERICK T. MANLUNAS           000-00-0000
--------------------------------------------------------------------------------
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.*


    NOT APPLICABLE                               A __
                                                 B __
--------------------------------------------------------------------------------
3.  SEC USE ONLY


--------------------------------------------------------------------------------
4.  CITIZENSHIP OR PLACE OF ORGANIZATION


    USA
--------------------------------------------------------------------------------


NUMBER OF      5.   SOLE VOTING POWER


   SHARES           0 SHARES
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER


  OWNED BY          
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER


  REPORTING         0 SHARES
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER


    WITH            
               -----------------------------------------------------------------




9. AGGREGATED AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


          0 SHARES
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
    SHARES*


          NOT APPLICABLE
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9


          0%
--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*


           oo
--------------------------------------------------------------------------------


                                       2







                         SCHEDULE 13G/A        PAGE 3 OF 5 PAGES


ITEM 1.


         (A)  NAME OF ISSUER


              SITESTAR CORPORATION


         (B)  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES


                  7109 TIMBERLAKE ROAD
                  LYNCHBURG, VA  24502


ITEM 2.


         (A)  NAME OF PERSON FILING


              FREDERICK T. MANLUNAS


          (B)  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
               RESIDENCE


                  15303 Ventura Boulevard, Suite 1510
                  Sherman Oaks,  California  91403




          (C)  CITIZENSHIP


                    USA


         (D)  TITLE OF CLASS OF SECURITIES


                  COMMON STOCK


         (E) CUSIP NUMBER


                  82980W101


ITEM 3. IF THIS STATEMENT IS FILED  PURSUANT TO RULE  13D-1(B),  OR
                  13D-2(B), CHECK WHETHER THE PERSON FILING IS A:


                  NON APPLICABLE


                                       3







SC 13G/A                                             PAGE 4 OF 5 PAGES


ITEM 4. OWNERSHIP


         (A)  AMOUNT BENEFICIALLY OWNED


               0 SHARES


         (B)  PERCENT OF CLASS


               0%


         (C)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
                  (I)   SOLE POWER TO VOTE OR TO DIRECT THE VOTE
                            0 SHARES
                  (II)  SHARED POWER TO VOTE OR TO DIRECT THE VOTE
                            
                  (III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
                            0 SHARES
                  (IV)  SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
                             


ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS   [X]






ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT 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


          NOT APPLICABLE


ITEM 9.  NOTICE OF DISSOLUTION OF GROUP


          NOT APPLICABLE




                                       4







SC 13G/A                                      PAGE 5 OF 5 PAGES


ITEM 10.  CERTIFICATION


          THE  FOLLOWING  CERTIFICATION  SHALL BE INCLUDED IF THE  STATEMENT  IS
          FILED PURSUANT TO RULE 13D-1(B):


          BY  SIGNING  BELOW I CERTIFY  THAT,  TO THE BEST OF MY  KNOWLEDGE  AND
BELIEF, THE SECURITIES REFERRED TO ABOVE WERE ACQUIRED IN THE ORDINARY COURSE OF
BUSINESS  AND WERE NOT ACQUIRED FOR THE PURPOSE OF AND DO NOT HAVE THE EFFECT OF
CHANGING OR  INFLUENCING  THE CONTROL OF THE ISSUER OF SUCH  SECURITIES AND WERE
NOT ACQUIRED IN CONNECTION  WITH OR AS A PARTICIPANT IN ANY  TRANSACTION  HAVING
SUCH PURPOSES OR EFFECT.






                         SIGNATURE






February  14, 2003






                  /s/ Frederick T. Manlunas
                  -----------------------------
                  Frederick T. Manlunas
MANLUNAS FREDERICK T SC 13G/A
