-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WwkKLvJ/osRVXcrLLLKhWhW9sGuE2dV2STYZyjzk9DTjALQ1CsOZoI8rRP9w+OS8 s/F913BtzRQcM3LAk/TwkQ== 0001010549-07-000053.txt : 20070117 0001010549-07-000053.hdr.sgml : 20070117 20070117150203 ACCESSION NUMBER: 0001010549-07-000053 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070117 DATE AS OF CHANGE: 20070117 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DGSE COMPANIES INC CENTRAL INDEX KEY: 0000701719 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 880097334 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-33619 FILM NUMBER: 07534811 BUSINESS ADDRESS: STREET 1: 2817 FOREST LANE STREET 2: STE 202 CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 9724843662 MAIL ADDRESS: STREET 1: 2817 FOREST LN CITY: DALLAS STATE: TX ZIP: 75234 FORMER COMPANY: FORMER CONFORMED NAME: DALLAS GOLD & SILVER EXCHANGE INC /NV/ DATE OF NAME CHANGE: 19930114 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN PACIFIC MINT INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CANYON STATE CORP DATE OF NAME CHANGE: 19860819 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SMITH L S CENTRAL INDEX KEY: 0001162049 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 519 1-30 STREET 2: STE 243 CITY: ROCKWALL STATE: TX ZIP: 75087 MAIL ADDRESS: STREET 1: 519 I-30 STREET 2: STE 243 CITY: ROCKWALL STATE: TX ZIP: 75087 SC 13D 1 dgsesch13d011607.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ---------------- SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 11 )(1) DGSE COMPANIES, INC, - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK $ .01 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 23323G106 - -------------------------------------------------------------------------------- (CUSIP Number) Dr. L.S. SMITH 519 I 30 SUITE 243 ROCKWALL. TEXAS 75087 - 972-772-3091 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JANUARY 17, 2007 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) - ---------- (1 The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 23323G106 13D Page 1 of 2 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Dr. L.S. SMITH - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* N/A - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- ----------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 2,319,031 SHARES _________________________________________________________________ 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 0 ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,825,749 PERSON _________________________________________________________________ 10 SHARED DISPOSITIVE POWER WITH 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,319,031 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [-] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 23323G106 13D Page 2 of 2 Pages - -------------------------------------------------------------------------------- Item 1. Security and Issuer. DGSE COMPANIES, INC. - COMMON STOCK $ .01 PAR VALUE 2817 FOREST LANE DALLAS, TEXAS 75234 - -------------------------------------------------------------------------------- Item 2. Identity and Background. (a) Dr. L.S. SMITH (b) 519 INTERSTATE 30, # 243, ROCKWALL, TEXAS 75087 (c) CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER DGSE COMPANIES, INC. - 2817 FOREST LANE, DALLAS, TEXAS 75234 (d) No (e) No (f) UNITED STATES OF AMERICA - -------------------------------------------------------------------------------- Item 3. Source and Amount of Funds or Other Consideration. N/A - -------------------------------------------------------------------------------- Item 4. Purpose of Transaction. This transaction reflects the expiration of voting proxies on shares of Common Stock of the issuer owned by two individuals which had been previously granted to the reporting person. - -------------------------------------------------------------------------------- Item 5. Interest in Securities of the Issuer. (a) The shares represented in the expired grants of the proxies were equal to 250,000 shares. The remaining grants previously reported combined with the shares owned directly by the reporting person represents 47.2 percent of the total shares of Common Stock outstanding of the issuer. (b) The reporting person holds 1,825,749 shares directly for which he has sole voting and dispositive powers and 493,282 shares subject to proxies which he has sole voting powers. (c) There have been no transactions in the last 60 days. (d) N/A (e) N/A - -------------------------------------------------------------------------------- Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The two individuals whose proxies were granted to the reporting person have not renewed their grants to this date. - -------------------------------------------------------------------------------- Item 7. Material to be Filed as Exhibits. N/A - -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 17, 2007 ---------------------------------------- (Date) /S/ Dr. L.S. Smith ---------------------------------------- (Signature) Dr. L.S. Smith Chairman & C.E.O. ---------------------------------------- (Name/Title) Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). -----END PRIVACY-ENHANCED MESSAGE-----