Principled Equity Market Fund - First Liquidation Distribution

Shareholders of Principled Equity Market Fund (the "Fund") were sent payment for 95% of their shares of the Fund held in account as the first of two liquidation distributions. A second and final liquidation distribution for their pro rata share of the remaining assets of the Fund after payment of any and all expenses, accruals and obligations is expected to be made in August.

Any questions concerning this announcement may be directed to Christopher Williams at the address below or by telephone at 1-239-304-1679.

Principled Equity Market Fund
c/o Cardinal Investment Services, Inc.
5072 Annunciation Circle, Suite 317
Ave Maria, FL 34142

Contacts:

For Principled Equity Market Fund
Christopher Williams, 239-304-1679

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