DALLAS -- (Business Wire)
DGSE Companies, Inc. (NYSE MKT: DGSE) today announced the filing of an
amendment to its 2011 Form 10-K. On October 31, 2012, DGSE filed its
restated Consolidated Financial Statements for the fiscal year ended
December 31, 2010 (“Fiscal 2010”) and its Consolidated Financial
Statements for the fiscal year ended December 31, 2011 (“Fiscal 2011”).
Today’s filing provides additional information for shareholders, related
to interim periods within its previously reported Fiscal 2010 and Fiscal
2011 results, as well as additional tabular disclosure related to
previously reported restatements. Today’s filing does not change or
restate any annual audited information provided in the October 31, 2012
filing. The Company believes this information will provide shareholders
additional insight into the recent restatement and a better
understanding of restated interim period results.
If you would like to schedule an individual meeting with DGSE management
please call 972-481-3820 or email firstname.lastname@example.org
with your meeting request.
About DGSE Companies, Inc.
DGSE Companies, Inc. wholesales and retails jewelry, diamonds, fine
watches, and precious metal bullion and rare coin products through its
Bullion Express, Charleston Gold & Diamond Exchange, Dallas Gold &
Silver Exchange and Southern Bullion Coin & Jewelry operations. DGSE
also owns Fairchild International, Inc., one of the largest vintage
watch wholesalers in the country. In addition to its retail facilities
in Alabama, Florida, Georgia, Illinois, North Carolina, South Carolina,
Tennessee and Texas, the Company operates internet websites which can be
accessed at www.bullionexpress.com,
Real-time price quotations and real-time order execution in precious
metals are provided on another DGSE website at www.USBullionExchange.com.
Wholesale customers can access the full vintage watch inventory through
the restricted site at www.FairchildWatches.com.
The Company is headquartered in Dallas, Texas, and its common stock
trades on the NYSE MKT Exchange under the symbol "DGSE."
This press release includes statements which may constitute
"forward-looking" statements, usually containing the words "believe,"
"estimate," "project," "expect" 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
DGSE Companies, Inc.
C. Brett Burford, 972-484-3662
Source: DGSE Companies, Inc.
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