AIR INDUSTRIES GROUP — Director's Dealing 2007

Jan 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Gales Industries Inc (GLDS)
CIK: 0001009891
Period of Report: 2007-01-26

Reporting Person: Peragallo Dario (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-26	Common Stock	C	899716	$.4	Acquired	1018139	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-26	Convertible Promissory Note	$0.40	C		Disposed	2010-11-30	Common Stock (899716)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	118423	Direct