<SEC-DOCUMENT>0000825324-12-000004.txt : 20120222
<SEC-HEADER>0000825324-12-000004.hdr.sgml : 20120222
<ACCEPTANCE-DATETIME>20120222153127
ACCESSION NUMBER:		0000825324-12-000004
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120222
ITEM INFORMATION:		Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
FILED AS OF DATE:		20120222
DATE AS OF CHANGE:		20120222

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:		12630161

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8kdelistfeb12f1.htm
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<title>Form 8-K</title>


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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoTitle><b>&nbsp;</b></p>
  <p class=MsoTitle><b>&nbsp;</b></p>
  <p class=MsoTitle><b>UNITED STATES</b></p>
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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'><b>SECURITIES AND EXCHANGE COMMISSION</b></p>
  </td>
 </tr>
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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>Washington, D.C. 20549</p>
  </td>
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 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><b>FORM 8-K</b></p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><b>CURRENT REPORT</b></p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
  1934</b></p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>Date of Report (Date of earliest event reported)</p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>February 22, 2012 (February 16, 2012)</p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'><b>Good Times Restaurants Inc.</b></p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>(Exact name of registrant as specified in its
  charter)</p>
  </td>
 </tr>
 <tr>
  <td width=235 colspan=2 style='width:2.45in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>Nevada</p>
  </td>
  <td width=204 style='width:153.0pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>000-18590</p>
  </td>
  <td width=216 style='width:2.25in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>84-1133368</p>
  </td>
 </tr>
 <tr>
  <td width=235 colspan=2 valign=top style='width:2.45in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>(State or other jurisdiction of incorporation)</p>
  </td>
  <td width=204 style='width:153.0pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>(Commission File Number)</p>
  </td>
  <td width=216 valign=top style='width:2.25in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>(IRS Employer Identification No.)</p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-top:12.0pt;text-align:center'>601 Corporate Circle, Golden, Colorado 80401</p>
  </td>
 </tr>
 <tr>
  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>(Address of principal executive offices)&nbsp;&nbsp; (Zip
  Code)</p>
  </td>
 </tr>
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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>Registrant's telephone number, including area code:
  (303) 384-1400</p>
  </td>
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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>Not applicable</p>
  </td>
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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>(Former name or former address, if changed since
  last report.)</p>
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  <td width=655 colspan=4 valign=top style='width:491.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>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.):</p>
  </td>
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  <td width=37 valign=top style='width:27.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>[&nbsp;
  ]</p>
  </td>
  <td width=618 colspan=3 valign=top style='width:463.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>Written
  communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>
  </td>
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  <td width=37 valign=top style='width:27.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>[&nbsp;
  ]</p>
  </td>
  <td width=618 colspan=3 valign=top style='width:463.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>Soliciting
  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>
  </td>
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  <td width=37 valign=top style='width:27.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>[&nbsp;
  ]</p>
  </td>
  <td width=618 colspan=3 valign=top style='width:463.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2(b))</p>
  </td>
 </tr>
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  <td width=37 valign=top style='width:27.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>[&nbsp;
  ]</p>
  </td>
  <td width=618 colspan=3 valign=top style='width:463.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt'>Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c))</p>
  </td>
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  <td width=37 style='border:none'></td>
  <td width=198 style='border:none'></td>
  <td width=204 style='border:none'></td>
  <td width=216 style='border:none'></td>
 </tr>
</table>



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<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b>ITEM 3.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notice of Delisting or
Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.</b></p>



<p class=MsoNormal style='text-align:justify'>On February 16, 2012, Good Times Restaurants Inc. (&quot;we,&quot; &quot;us,&quot;
&quot;our,&quot; &quot;Good Times&quot; or the &quot;Company&quot;) received a letter (the &quot;Staff Letter&quot;) from
the Listing Qualifications Staff of the Nasdaq Stock Market (&quot;Nasdaq&quot;),
notifying the Company that it no longer satisfies Nasdaq Listing Rule
5550(b)(1) (the &quot;Rule&quot;), which requires the Company to maintain minimum
stockholders' equity of $2,500,000 for continued listing on the Nasdaq Capital
Market, if it does not otherwise&nbsp; have a market value of listed securities of
$35,000,000 or net income from continuing operations of $500,000 in the most
recently completed fiscal year or in two of the last three most recently
completed fiscal years.&nbsp; Based on the information contained in the Company's
Quarterly Report on Form 10-Q for the quarter ended December 31, 2011, the
Company's stockholders' equity does not satisfy the Rule.&nbsp; The Staff Letter
also noted that, as of February 15, 2012, the Company does not meet the other
alternatives of market value of listed securities or net income from continuing
operations.</p>



<p class=MsoNormal style='text-align:justify'>Under the Nasdaq Listing Rules, the Company has 45 calendar days,
or until April 2, 2012, to submit a plan to regain compliance with the Rule.&nbsp;
If Nasdaq accepts the Company's plan, it may grant an extension of up to 180
calendar days from the date of the Staff Letter to evidence compliance.&nbsp; If
Nasdaq rejects the Company's plan, the Company may appeal that decision to a
Nasdaq Hearings Panel.</p>



<p class=MsoNormal style='text-align:justify'>The Company is in the process of developing a plan to regain
compliance with the Rule and intends to submit a compliance plan no later than
April 2, 2012.&nbsp; There can be no assurance that the Company will be able to regain
compliance with the Rule and thereby to maintain the listing of its common
stock on the Nasdaq Capital Market. Our shares trade on The Nasdaq Capital
Market under the symbol &quot;GTIM.&quot;</p>





<p class=MsoNormal align=center style='text-align:center'><b>SIGNATURES</b></p>



<p class=MsoBodyTextIndent3>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>





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  </td>
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  <p><b>GOOD TIMES RESTAURANTS INC.</b></p>
  </td>
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  </td>
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  <p class=MsoNormal>Date: February 22, 2012</p>
  </td>
  <td width=360 valign=bottom style='width:3.75in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><u>/s/ Boyd E. Hoback</u></p>
  </td>
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  </td>
  <td width=360 valign=top style='width:3.75in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Boyd E. Hoback</p>
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  </td>
  <td width=360 valign=top style='width:3.75in;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>President and Chief
  Executive Officer</p>
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  </td>
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  </td>
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