<SEC-DOCUMENT>0001157523-16-005777.txt : 20160531
<SEC-HEADER>0001157523-16-005777.hdr.sgml : 20160531
<ACCEPTANCE-DATETIME>20160531090122
ACCESSION NUMBER:		0001157523-16-005777
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160527
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160531
DATE AS OF CHANGE:		20160531

FILER:

	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:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11048
		FILM NUMBER:		161684034

	BUSINESS ADDRESS:	
		STREET 1:		15850 DALLAS PARKWAY
		STREET 2:		SUITE 140
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75248
		BUSINESS PHONE:		9725874049

	MAIL ADDRESS:	
		STREET 1:		15850 DALLAS PARKWAY
		STREET 2:		SUITE 140
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75248

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51351867.htm
<DESCRIPTION>DGSE COMPANIES, INC. 8-K
<TEXT>
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    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt"><b>UNITED STATES</b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt"><b>Washington,
      D.C. 20549</b></font><br>________________________
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt"><b>FORM 8-K</b></font><br><br>
    </p>
    <p style="text-align: center">
      <b>CURRENT REPORT</b><br><b>PURSUANT TO SECTION 13 OR 15(D) OF THE<br>SECURITIES
      EXCHANGE ACT OF 1934&#160;</b><br>
    </p>
    <p style="text-align: center">
      <b>Date of Report</b> (Date of earliest event reported):<br><font style="font-size: 10pt; font-family: Times New Roman"><b>May
      31, 2016</b></font> (<font style="font-size: 10pt; font-family: Times New Roman">May
      27, 2016</font>)<br><br>
    </p>
    <p style="text-align: center">
      <u><font style="font-size: 10pt"><b>DGSE COMPANIES, INC.</b></font></u><br>(Exact
      name of registrant as specified in its charter)<br><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Nevada</b></u>
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; width: 34%; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>1-11048</b></u>
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; width: 33%; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>88-0097334</b></u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 33%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 33%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; width: 33%; padding-left: 0.0px">
          (State or Other<br>Jurisdiction of<br>Incorporation)
        </td>
        <td valign="top" style="text-align: center; width: 34%; padding-left: 0.0px">
          (Commission<br>File Number)
        </td>
        <td valign="top" style="text-align: center; width: 33%; padding-left: 0.0px">
          (IRS Employer<br>Identification No.)
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>15850 Dallas Parkway, Suite 140<br>Dallas, Texas 75248<br></b>(Address
      of Principal Executive Offices) (Zip Code)
    </p>
    <p style="text-align: center">
      <u><b>(972) 587-4049</b></u><br>(Registrant&#8217;s telephone number,
      including area code)
    </p>
    <p style="text-align: center">
      <br>
      (Former Name or Former Address, if Changed Since Last Report)
    </p>
    <p style="text-align: justify">
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (<i>see </i>General Instruction A.2. below):<br><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          &#61551;
        </td>
        <td valign="top" style="width: 96%; padding-left: 0.0px">
          Written communications pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 96%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          &#61551;
        </td>
        <td valign="top" style="width: 96%; padding-left: 0.0px">
          Soliciting material pursuant to Rule 14a-12 under the Exchange Act
          (17 CFR 240.14a-12)
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 96%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          &#61551;
        </td>
        <td valign="top" style="width: 96%; padding-left: 0.0px">
          Pre-commencement communications pursuant to Rule 14d-2(b) under the
          Exchange Act (17 CFR 240.14d-2(b))
        </td>
      </tr>
      <tr>
        <td style="width: 4%">

        </td>
        <td style="width: 96%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 4%; padding-left: 0.0px">
          &#61551;
        </td>
        <td valign="top" style="width: 96%; padding-left: 0.0px">
          Pre-commencement communications pursuant to Rule 13e-4(c) under the
          Exchange Act (17 CFR 240.13e-4(c))
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: justify">
      <b>Item 3.01 &#160;&#160;&#160;&#160;&#160;Notice of Delisting or Failure to Satisfy a Continued
      Listing Rule or Standard; Transfer of Listing.</b><br>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On May 27, 2016, DGSE Companies, Inc. (&#8220;DGSE&#8221;) received a letter from
      NYSE MKT LLC (the &#8220;MKT&#8221;) stating that the MKT has accepted DGSE&#8217;s
      compliance plan (the &#8220;Plan&#8221;) and granted DGSE an extension until
      October&#160;12, 2017 to regain compliance with Section 1003(a)(ii) of the
      NYSE MKT Company Guide (the &#8220;Company Guide&#8221;).&#160;&#160;DGSE will be subject to
      periodic review by the MKT during the compliance plan period.&#160;&#160;Failure
      to make progress consistent with the Plan or to regain compliance with
      the continued listing standards of the Company Guide by the end of the
      extension period could result in DGSE being delisted from the MKT.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      As previously reported, DGSE received a notice on April 12, 2016 from
      the MKT stating that DGSE is not in compliance with the MKT&#8217;s continued
      listing standards of the Company Guide.&#160;&#160;Specifically, Section
      1003(a)(ii) of the Company Guide provides that the MKT will consider
      delisting an issuer if the issuer has stockholders&#8217; equity of less than
      $4,000,000 if such issuer has sustained losses from continuing
      operations and/or net losses in three of its four most recent fiscal
      years.&#160;&#160;The notice provided that DGSE is below compliance with Section
      1003(a)(ii) since it reported stockholders&#8217; equity of $3.87 million as
      of December 31, 2015 and net losses in three of its four most recent
      fiscal years ended December&#160;31, 2015.
    </p>
    <p style="text-align: left">
      <b>Item 9.01 Financial Statements and Exhibits</b>
    </p>
    <p>
      (a) Not applicable<i>.</i>
    </p>
    <p>
      (b) Not applicable<i>.</i>
    </p>
    <p>
      (c) Not applicable<i>.</i>
    </p>
    <p>
      (d) Exhibits<i>.</i>
    </p>
    <p>
      The following exhibit is furnished as part of this report:
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 10%">
          &#160;
        </td>
        <td valign="top" style="text-align: left; width: 30%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit</b>
          </p>
        </td>
        <td style="width: 60%">

        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td valign="top" style="text-align: left; width: 30%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Number</b></u>
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 60%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Description of Exhibit</b></u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 60%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td valign="top" style="text-align: left; padding-right: 0.0px; width: 30%; white-space: nowrap; padding-left: 0.0px">
          99.1
        </td>
        <td valign="top" style="text-align: left; width: 60%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release, dated May 31, 2016.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-indent: 60.0px; white-space: nowrap">

    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>

    </p>
    <p>

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p>
      Pursuant to the requirements of the Securities Exchange Act of 1934, as
      amended, the Registrant has duly caused this Report to be signed on its
      behalf by the undersigned hereunto duly authorized.
    </p>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 50%">

        </td>
        <td colspan="2" valign="middle" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>DGSE COMPANIES, INC.</b></u>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Registrant)
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 20%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-bottom: 2.0px; width: 50%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date: May 31, 2016
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; width: 3%; padding-left: 0.0px">
          By:
        </td>
        <td valign="middle" style="text-align: left; border-bottom-width: 1.0pt; width: 27%; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ MATTHEW M. PEAKES
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; width: 50%; padding-left: 0.0px">

        </td>
        <td valign="middle" style="text-align: left; width: 3%; padding-left: 0.0px">

        </td>
        <td valign="middle" style="text-align: left; width: 27%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Matthew M. Peakes
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="text-align: left; width: 27%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Executive Officer
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="text-align: left; width: 27%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Principal Executive Officer)
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
    <p>
      Exhibit<br><u>Number</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description
      of Exhibit</u>
    </p>
    <p style="white-space: nowrap">
      99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press Release, dated May 31, 2016.
    </p>
    <p>

    </p>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51351867ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>NYSE MKT
      Accepts DGSE Companies, Inc. Plan to Regain Compliance</b></font>
    </p>
    <p>
      DALLAS--(BUSINESS WIRE)--May 31, 2016--DGSE Companies, Inc. (NYSE MKT:
      DGSE) (&#8220;DGSE&#8221;) announced today that, on May&#160;27, 2016, DGSE received
      notice from the staff of the NYSE MKT LLC (the &#8220;MKT&#8221;) that the MKT had
      accepted DGSE&#8217;s compliance plan (the &#8220;Plan&#8221;) and granted an extension
      until October 12, 2017 to regain compliance with Section 1003(a)(ii) of
      the NYSE MKT Company Guide (the &#8220;Company Guide&#8221;). DGSE will be subject
      to periodic review by the MKT during the compliance plan period. Failure
      to make progress consistent with the Plan or to regain compliance with
      the continued listing standards of the Company Guide by the end of the
      extension period could result in DGSE being delisted from the MKT.
    </p>
    <p>
      As previously reported, DGSE received a notice on April 12, 2016 from
      the MKT stating that DGSE is not in compliance with the MKT&#8217;s continued
      listing standards of the Company Guide. Specifically, Section
      1003(a)(ii) of the Company Guide provides that the MKT will consider
      delisting an issuer if the issuer has stockholders&#8217; equity of less than
      $4.0&#160;million if such issuer has sustained losses from continuing
      operations and/or net losses in three of its four most recent fiscal
      years. The notice provided that DGSE is below compliance with Section
      1003(a)(ii) since DGSE reported stockholders&#8217; equity of $3.87 million as
      of December&#160;31, 2015 and net losses in three of its four most recent
      fiscal years ended December 31, 2015.
    </p>
    <p>
      <u><b>About DGSE Companies</b></u>
    </p>
    <p>
      DGSE Companies, Inc. wholesales and retails jewelry, diamonds, fine
      watches, and precious metal bullion and rare coin products through its
      Charleston Gold &amp; Diamond Exchange, Chicago Gold &amp; Diamond (formerly
      Bullion Express), and Dallas Gold &amp; Silver Exchange operations. DGSE
      also owns Fairchild International, Inc., one of the largest vintage
      watch wholesalers in the country. In addition to its retail facilities
      in Illinois, South Carolina, and Texas, the Company operates internet
      websites which can be accessed at <u>www.dgse.com</u>, and <u>www.cgdeinc.com</u>.
      Real-time price quotations and real-time order execution in precious
      metals are provided on another DGSE website at <u>www.USBullionExchange.com</u>.
      Wholesale customers can access the full vintage watch inventory through
      the restricted site at <u>www.FairchildWatches.com</u>. The Company is
      headquartered in Dallas, Texas and its common stock trades on the NYSE
      MKT exchange under the symbol &#8220;DGSE.&#8221;
    </p>
    <p>
      This press release includes statements which may constitute
      &quot;forward-looking&quot; statements, usually containing the words &quot;believe,&quot;
      &quot;estimate,&quot; &quot;project,&quot; &quot;expect&quot; or similar expressions. These statements
      are made pursuant to the safe harbor provisions of the Private
      Securities Litigation Reform Act of 1995. Forward-looking statements
      inherently involve risks and uncertainties that could cause actual
      results to differ materially from the forward-looking statements.
      Factors that would cause or contribute to such differences include, but
      are not limited to, continued acceptance of the Company's products and
      services in the marketplace, competitive factors, dependence upon
      third-party vendors, and other risks detailed in the Company's periodic
      report filings with the Securities and Exchange Commission. By making
      these forward-looking statements, the Company undertakes no obligation
      to update these statements for revisions or changes after the date of
      this release.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>DGSE Companies, Inc.<br>Matthew Peakes, 972-587-4021<br>Chairman,
      President and CEO<br><u>investorrelations@dgse.com</u>
    </p>
    <p>

    </p>
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