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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000825324-07-000015.txt : 20070912
<SEC-HEADER>0000825324-07-000015.hdr.sgml : 20070912
<ACCEPTANCE-DATETIME>20070912153149
ACCESSION NUMBER:		0000825324-07-000015
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070912
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
FILED AS OF DATE:		20070912
DATE AS OF CHANGE:		20070912

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOOD TIMES RESTAURANTS INC
		CENTRAL INDEX KEY:			0000825324
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				841133368
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-18590
		FILM NUMBER:		071113227

	BUSINESS ADDRESS:	
		STREET 1:		601 CORPORATE CIRCLE
		CITY:			GOLDEN
		STATE:			CO
		ZIP:			80401
		BUSINESS PHONE:		3033841400

	MAIL ADDRESS:	
		STREET 1:		601 CORPORATE CIRCLE
		CITY:			GOLDEN
		STATE:			CO
		ZIP:			80401

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PARAMOUNT VENTURES INC
		DATE OF NAME CHANGE:	19900205
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<B><P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>
</B><P ALIGN="CENTER">Washington, D.C. 20549</P>
<B><P ALIGN="CENTER">FORM 8-K</P>
<P ALIGN="CENTER">CURRENT REPORT</P>
<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>
</B><P ALIGN="CENTER">Date of Report (Date of earliest event reported)</P>
<P ALIGN="CENTER">September 12, 2007</P>
<B><P ALIGN="CENTER">Good Times Restaurants Inc.</P>
</B><P ALIGN="CENTER">(Exact name of registrant as specified in its charter)</P>
<P ALIGN="CENTER">Nevada                             000-18590                         84-1133368</P>
<P>                                         (State or other jurisdiction           (Commission                        (IRS Employer</P>
<P>                                           of incorporation)                          File Number)                      Identification No.)</P>
<P>&#9;</P>
<P ALIGN="CENTER">601 Corporate Circle, Golden, Colorado 80401</P>
<P ALIGN="CENTER">(Address of principal executive offices) (Zip Code)</P>
<P ALIGN="CENTER">Registrant's telephone number, including area code: (303) 384-1400</P>
<P ALIGN="CENTER">Not applicable</P>
<P ALIGN="CENTER">(Former name or former address, if changed since last report.)</P>
<P>&nbsp;</P>
<P>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 (see General Instruction A.2.):<BR>
<BR>
[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR>
<BR>
[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<FONT SIZE=2><P>&nbsp;</P>
</FONT><B><P>Item 5.02&#9;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers.</P>
</B><P>On September 12, 2007, Good Times Restaurants Inc. announced by press release the appointment of James A. Debolt as Vice President of Franchise Sales and Development effective October 1, 2007. Additional information about Mr. Debolt's business experience and related matters is set forth in the press release, which is attached as Exhibit&nbsp;99.1 to this Current Report on Form 8-K and is incorporated into this Item&nbsp;5.02 by reference.</P>
<B><P>Item 9.01&#9;Financial Statements and Exhibits.</P>
<P>(d) Exhibits</B>. The following exhibit is filed as part of this report:</P>
<B><P>                        Exhibit No.                                 Description</P>
</B><P>                             99.1&#9;&#9;Press release of Good Times Restaurants Inc. dated September 12, 2007.</P>
<P>&nbsp;</P>
<B><P ALIGN="CENTER">SIGNATURES</P>
</B><P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P>&nbsp;</P>
<P>GOOD TIMES RESTAURANTS INC.</P>
<P>Date: September 12, 2007</P>
<P>&nbsp;</P>
<P>&#9;By: <I><U>/s/ Boyd E. Hoback</P>
</I></U><P>&#9;Boyd E. Hoback</P>
<P>&#9;President and Chief Executive Officer</P></BODY>
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<B><U><P ALIGN="JUSTIFY">FOR IMMEDIATE RELEASE</P>
</U><P ALIGN="JUSTIFY">News</P>
<P ALIGN="JUSTIFY">Nasdaq SmallCap - GTIM</P>
<P ALIGN="JUSTIFY">September 12, 2007</P>
</B><P ALIGN="CENTER">&nbsp;</P>
<B><P ALIGN="CENTER">GOOD TIMES ANNOUNCES THE HIRING OF VP OF FRANCHISE DEVELOPMENT </P>
</B><P ALIGN="JUSTIFY">(GOLDEN, CO) Good Times Restaurants Inc. (GTIM) today announced the hiring of James A. DeBolt as its new Vice President of Franchise Sales and Development effective October 1, 2007. The company said that Mr. DeBolt was most recently Vice President of Franchise Development for Back Yard Burgers responsible for the sale and commitment for over 200 restaurants. He held that position from 2004 to 2007. He also served as Director of Franchise Sales for Taco John's International from 1998 to 2003. Mr. Debolt has also served as the Vice President of Development for the International Franchise Association.</P>
<P ALIGN="JUSTIFY">Boyd Hoback, President &amp; CEO said "We are pleased to have Jim join Good Times in a new role for us as we prepare to expand our concept into a regional brand in select Midwestern markets. Jim comes highly recommended, is very well connected in the franchise community and brings a great deal of franchise development experience to bear on our expansion plans." </P>
<P ALIGN="JUSTIFY">The company said that it plans to immediately begin a larger franchise expansion strategy with both owner-operator and multi-unit franchisees, moving eastward from its base of operations in Colorado. Mr. Hoback added "We have worked hard to refine our concept, brand position and the store level economic model and have validated that with consistent results in Colorado. We are now ready to accelerate our growth with disciplined expansion with experienced restaurant operators looking for a new opportunity." </P>
<P ALIGN="JUSTIFY">Good Times Burgers &amp; Frozen Custard has 54 restaurants, mostly in Colorado serving high quality, 100% all natural Coleman beef burgers, chicken sandwiches, and fresh frozen custard.</P>
<FONT SIZE=2><P ALIGN="JUSTIFY">This press release contains forward looking statements within the meaning of federal securities laws. The words "intend" "plans" and similar expressions are intended to identify forward looking statements. These statements involve known and unknown risks, which may cause Good Times' actual results to differ materially from results expressed or implied by the forward looking statements. These risks include such factors as the pending and uncertain nature of current expansion and restaurant development plans and the ability to implement those plans<B>,</B> delays in developing and opening new restaurants because of weather, local permitting or other reasons, increased competition, cost increases or shortages in raw food products, and other matters discussed under the "Risk Factors" section of Good Times' Annual Report on Form 10-KSB for the fiscal year ended September 30, 2006 filed with the SEC. Although Good Times may from time to time voluntarily update its forward looking st
atements, it disclaims any commitment to do so except as required by securities laws.</P>
</FONT><B><P ALIGN="JUSTIFY">INVESTOR RELATIONS CONTACTS:</P>
</B><P ALIGN="JUSTIFY">Good Times Restaurants Inc.</P>
<P ALIGN="JUSTIFY">Boyd E. Hoback, President and CEO, 303/384-1411</P>
<P ALIGN="JUSTIFY">Christi Pennington, Executive Assistant, 303/384-1440</P></BODY>
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