DAVID H. COLE, ASA


BUSINESS ASSOCIATIONS, EDUCATION & EXPERIENCE


President - Cole Appraisal Services, Inc., 1993 to present
Partner - Cole & Bowman, LLC, 2000 - 2005
Senior Vice President - BIA Consulting (Broadcast Investment Analysts, Inc.
Vice President - Broadcast Investment Analysts, Inc., 1985-1990
Senior Engineer - Frazier, Gross & Kadlec, Inc., 1984-1985
Associate - Frazier, Gross & Kadlec, Inc., 1983-1984
Chief Engineer/Instructor, Department of Journalism and Broadcasting, Mississippi University for Women, 1977-1983
Instructor, Mississippi Governor's School, 1981 and 1982

Federal Communications Commission Lifetime General Radiotelephone Operator License, 1983
Accredited Senior Appraiser, Machinery and Equipment, American Society of Appraisers, 1990


Bachelor of Arts, Radio and Television, University of Mississippi, 1976
30 hours towards Master of Arts, Radio and Television, University of Mississippi
Lindenwood University - Completed 25 hours toward a Master of Science degree in Valuation Sciences, 1993 to 1995
American Society of Appraisers - ME1(ME201): An Introduction to Machinery and Equipment Valuation, Philadelphia, PA, January 1990
American Society of Appraisers - ME2 (ME202): Machinery and Equipment Valuation Methodology, Chicago, IL, February 1990
American Society of Appraisers - ME3 (ME203): Machinery and Equipment Valuation: Advanced Topics and Case Studies, San Francisco, CA, March 1990
American Society of Appraisers - ME4(ME204): Machinery and Equipment Valuation: Advanced Topics and Report Writing, White Plains, NY, April 1990


Uniform Standards of Professional Appraisal Practice, tested and certified through 2015

Qualified Expert Witness in U.S. Bankruptcy Courts - Maryland, Louisiana and Tennessee; U.S.
District Court - Kentucky; American Arbitration Association - Wisconsin; Circuit Court - Salem,
VA

Approved Senior Instructor - American Society of Appraisers, ME201, ME202, ME203 and ME204
ASA Course Instructor in the U.S., Slovenia, Mexico and Canada
Machinery and Equipment Appraiser since 1983

Constructed, and signed on the air, Television Station WWSI-TV, Atlantic City, New Jersey,
December 2000
Oversaw the upgrading of Television Station KTYO-TV’s master control operations and conversion
to digital television, 2003 and 2004


MEMBERSHIPS


American Society of Appraisers, Accredited Senior Appraiser, Machinery & Technical Specialties: Machinery and Equipment, 1990 to Present
International Association of Assessing Officers

APPRAISAL & RESEARCH ASSIGNMENTS


Machinery and Equipment: Radio/TV Stations, Recording Studios, Film Production, Video
Production and Post-Production, General Machinery & Equipment, Metal Working, Wood Working,
Restaurant Equipment, Metal Fabrication, Computers, Printing Equipment, Telecommunications
Equipment, Fiber Optic Networks, Satellite Communications, Cable Television Systems, Paging
Systems, Over the Road Vehicles, Medical Equipment, Construction Equipment, Earth Moving
Equipment, Mining Equipment, Special Single Purpose Machinery/Equipment, Electronic
Component Manufacturing Equipment, Inventories, Furniture and Fixtures, Office Equipment.

International Appraisal Assignments - Commonwealth of the Northern Marianas Islands (Saipan),
Mexico, the Dominican Republic, Belize, and the United Kingdom

CONCEPTS OF VALUE EXPERIENCE


Reproduction Cost
Replacement Cost
Fair Market Value
Fair Market Value in Continued Use
Fair Market Value - Installed
Fair Market Value - Removal
Orderly Liquidation Value
Forced Liquidation Value
Salvage Value
Insurance Values

ADDITIONAL INFORMATION


Guest Lecturer - Kutztown State University, Kutztown, PA
Guest Lecturer - University of Tennessee, Knoxville, TN
Published in M&E Appraiser and M&TS Journal newsletter and journal of the International Machinery & Equipment Committee and the International Machinery & Technical Specialties Committee, American Society of Appraisers