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UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF PENNSYLVANIA
_______________________________
)
COLMEN CAPITAL ADVISORS INC., )
) CIVIL ACTION - LAW
Plaintiff )
) No. 03-6849
v. )
)
POLAR PLASTICS, INC. )
POLPART PLACEMENTS, INC., )
POLAR PLASTICS, LTD., )
3488161 CANADA, LTD. )
POLAR PLASTICS (NC), INC. )
)
Defendants)
_______________________________)
EXAMINATION ON DISCOVERY
TESTIMONY OF Mr. RICHARD WISE
Held at the offices of Wise, Blackman
1 Place Ville Marie, Suite 3430
Montreal (Que.), Canada
On November 8th, 2004
TELEPHONE APPEARANCES:
Mr. FRANK SCHWARTZ
Counsel for Plaintiff
Mr. TIMOTHY RUSSEL
Counsel for Defendants
GEORGETTE SAVOIE
Official court reporter
November 8th, 2004 .
.
- 2 - .
TABLE OF CONTENTS
PAGE
LIST OF UNDERTAKINGS 4
LIST OF EXHIBITS 5
LIST OF OBJECTIONS 6
Witness: Mr. Richard Wise
EXAMINED BY Mr. TIMOTHY RUSSEL 10
EXAMINED BY Mr. FRANK SCHWARTZ 177
REEXAMINED BY Mr. TIMOTHY RUSSEL 177
____________________
November 8th, 2004 .
.
- 3 - .
LIST OF UNDERTAKINGS
PAGE
UNDERTAKING 1: Provide information as to
what percentage of Mr. Wise\'s
valuation reports in the past
10 years have implied using
2 years of operating results
or less, rather than longer
periods 74
____________________
November 8th, 2004 .
.
- 4 - .
LIST OF EXHIBITS
PAGE
EXHIBIT WISE 2:
Document entitled \"Valuation of the
Issued Shares of Polpart Placements
Inc. as at November 17, 2003\" 9
EXHIBIT WISE 3:
Document entitled \"Estimated Fair
Market Value of Polpart Placements
Inc. as at April 30, 2001 and Related
Commentary\" 10
____________________
November 8th, 2004 .
.
- 5 - .
LIST OF OBJECTIONS (i)
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