IMPORTANT DISCLOSURE INFORMATION

Compound Value Advisers (“CVA”) is a state registered investment adviser in the states of Arizona, California and Michigan. Our principal office is located in Gilbert, Arizona. CVA and its representatives are in compliance with the current filing requirements imposed upon registered investment advisers by those states in which CVA maintains clients. CVA may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. CVA’s web site is limited to the dissemination of general information pertaining to its advisory and appraisal services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of CVA’s web site on the Internet should not be construed by any consumer and/or prospective client as CVA’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized financial planning or investment advice for compensation, over the Internet. Any subsequent, direct communication by CVA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

For information pertaining to the registration status of CVA, please contact the state securities regulators in those states where CVA maintains registration. A copy of CVA’s current written disclosure statement discussing CVA’s business operations, services, and fees is available from CVA upon written request. CVA makes no representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to CVA’s web site or incorporated herein, and takes no responsibility for such information. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Different classes of investments involve varying degrees of risk. There is no guarantee that the future performance of any specific investment or investment strategy (including those undertaken or recommended by CVA), will be profitable or equal any historical performance level(s).

CVA’s web site (i.e. blogs, book reviews, videos, white papers, commentaries, etc.) may contain discussions and/or provide access to CVA’s (and those of other investment and non-investment professionals) positions and/or recommendations, and planning ideas as of a specific prior date. Due to various factors, including changing market, tax, and legal conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from CVA, or from any other investment professional. CVA is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Rankings, quotations, and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if CVA is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of CVA by any of its clients.

Each client and prospective client agrees, as a condition precedent to his/her/its access to CVA’s web site, to release and hold harmless CVA, its officers, directors, owners, employees and agents from any and all adverse consequences resulting from any of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from CVA.