Envela Corp — Director's Dealing 2007

Jan 17, 2007

SEC Form 4/A — Form 4/A

Issuer: DGSE COMPANIES INC (DGSE)
CIK: 0000701719
Period of Report: 2003-12-12

Reporting Person: SMITH L S (Director, CEO & Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-23	Common Stock	P	200	$1.64	Acquired	1825749	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2001-10-08	Option to acquire Common Stock	$2.25	A	577777	Acquired		Common Stock (577777)	Direct
2002-11-21	Option to acquire Common Stock	$1.12	A	267857	Acquired		Common Stock (267857)	Direct

Footnotes

F1: Review of our prior filings revealed a caluclation error in the total amount of Securities Beneficially Owned following the
reported transaction reported in Table I. The filing dates for the 577,777 shres and 267,857 shares listed in Table II were
November 9, 2001 and November 25, 2002, respectively.

F2: 180 days from ternination of employment