SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* GORMAN JOHN JOSEPH (Last) (First) (Middle) 2700 VIA FORTUNA, SUITE 400 (Street) AUSTIN TX 78746 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol DIGITAL LIFESTYLES GROUP INC [ DLFG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 10/05/2004
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/05/2004		S		560,693	D	$0.346	1,846,821	D
Common Stock	10/05/2004		S		450,867	D	$0.346	2,890,172	I	See Footnote(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant	$0.475	10/05/2004		S			280,347	09/09/2004	(2)	Common Stock	280,347	$0(3)	923,410	D
Warrant	$0.475	10/05/2004		S			225,433	09/09/2004	(2)	Common Stock	225,433	$0(3)	2,445,086	I	See Footnote(4)

Explanation of Responses:

1. The Reporting Person beneficially owns approximately 58% of the Common Stock of Westech Capital Corporation and, as a result, may be deemed to beneficially own the shares of Common Stock of the Issuer that are beneficially owned by Westech Capital Corporation or Tejas Securities Group, Inc., a wholly-owned subsidiary of Westech Capital Corporation. 450,867 shares of Common Stock of the Issuer have been sold by Tejas Securities Group, Inc. The Reporting Person may also be deemed to indirectly beneficially own 1,445,086 shares of the Issuer Common Stock held through the Ryleigh Gorman Trust, of which the Reporting Person's spouse is the sole trustee and 1,445,086 shares of the Issuer Common Stock held through John Joseph Gorman V Trust of which the Reporting Person's spouse is the sole trustee. The filing of this Form 4 shall not be construed as an admission that Mr. Gorman is the beneficial owner of any of the securities of the Issuer mentioned in this footnote.

2. The Warrant will expire two years after the registration statement under the Securities Act of 1933, as amended, registering the shares of Common Stock issuable upon exercise of the Warrants is declared effective. Pursuant to a Registration Rights Agreement, the Issuer has agreed to register these shares of Common Stock.

3. The Warrant was sold together with Common Stock and no additional consideration was paid.

4. The Reporting Person may be deemed to indirectly beneficially own (a) a warrant to purchase 1,000,000 shares of the Issuer Common Stock held through Westech Capital Corporation; (b) a warrant to purchase 225,433 shares of Common Stock of the Issuer, sold by Tejas Securities Group Inc.; (c) a warrant to purchase 722,543 shares of the Issuer Common Stock held through the Ryleigh Gorman Trust, of which the Reporting Person's spouse is the sole trustee; and (d) a warrant to purchase 722,543 shares of the Issuer Common Stock held through John Joseph Gorman V Trust of which the Reporting Person's spouse is the sole trustee. The transfer of the warrant held by Tejas Securities Group Inc. is being reported on this Form 4. The filing of this Form 4 shall not be construed as an admission that Mr. Gorman is the beneficial owner of any of the securities of the Issuer mentioned in this footnote.

	/s/ John Joseph Gorman	10/06/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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