<SEC-DOCUMENT>0000825324-14-000034.txt : 20141118
<SEC-HEADER>0000825324-14-000034.hdr.sgml : 20141118
<ACCEPTANCE-DATETIME>20141118105434
ACCESSION NUMBER:		0000825324-14-000034
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141118
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20141118
DATE AS OF CHANGE:		20141118

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:		141230835

	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>goodtimesform8kawarrants.htm
<TEXT>
<HTML>
<head><title>Converted by EDGARwiz</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:Times New Roman; COLOR:#000000; FONT-SIZE:10pt"> <div style=WIDTH:624px> <p style=MARGIN:0px align=center><br></p></div> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr style=FONT-SIZE:0px> <td width=212> <td width=212> <td width=212 /> </tr><tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>UNITED STATES</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>SECURITIES AND EXCHANGE COMMISSION</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>Washington, D.C. 20549</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>FORM 8-K</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>CURRENT REPORT</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>Date of Report (Date of earliest event reported)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>November 18, 2014 (November 17, 2014)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>Good Times Restaurants, Inc.</b></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>(Exact name of registrant as specified in its charter)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>Nevada</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>000-18590</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>84-1133368</p></td></tr> <tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>(State or other jurisdiction</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>of incorporation)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>(Commission</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>File Number)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>(IRS Employer</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>Identification No.)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>601 Corporate Circle, Golden, Colorado 80401</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>(Address of principal executive offices) &nbsp;&nbsp;(Zip Code)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>Registrant<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s telephone number, including area code: (303) 384-1400</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>Not applicable</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>(Former name or former address, if changed since last report.)</p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=638 colspan=3 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:12pt" 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 (see General Instruction A.2.):[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p></td></tr></table> <div style=WIDTH:624px> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>1</p> <p style=MARGIN:0px><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN-TOP:0px; MARGIN-BOTTOM:-4pt; FONT-SIZE:4pt" /> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:12pt"><b>Item 8.01</b></p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px; FONT-SIZE:12pt"><b>Other Events.</b></p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>On November 17, 2014 Good Times Restaurants, Inc. issued a press release announcing that it had received total gross proceeds of approximately $7 million related to the exercise of the Company's Series A Warrants and Underwriter Warrants. &nbsp;A total of 2,450,100 Series A Warrants, representing 97% of the outstanding Series A Warrants, and 100% of the 154,000 Underwriter Warrants, were exercised by the holders for total gross proceeds to the Company of $6,999,025.</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>&nbsp;</p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>In October 2014 the Company mailed a notice of redemption to all holders of the Company<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s A Warrants. &nbsp;Each A Warrant was exercisable for one share of common stock at $2.75 per share until 5:00 p.m. Colorado Time on Friday, November 14, 2014. &nbsp;Holders of the A Warrants are no longer entitled to exercise their warrants for common stock and have no rights, except to receive the redemption price of $.01 per A Warrant, upon surrender of their Series A Warrants.</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:12pt"><b>Item 9.01</b></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:-2px; MARGIN-BOTTOM:16px; FONT-SIZE:12pt"><b>Financial Statements and Exhibits.</b></p> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:-1pt; FONT-SIZE:1pt" /> <p style="MARGIN-TOP:0px; WIDTH:48px; MARGIN-BOTTOM:-2px; FLOAT:left; CLEAR:left; FONT-SIZE:12pt">(d)</p> <p style="MARGIN-TOP:0px; TEXT-INDENT:-2px; MARGIN-BOTTOM:8px; FONT-SIZE:12pt" align=justify>Exhibits.&nbsp; The following exhibits are filed as part of this report:</p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr style=FONT-SIZE:0px> <td width=138> <td width=402 /> </tr><tr> <td width=138 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:8px; CLEAR:left; FONT-SIZE:12pt" align=justify><u>Exhibit Number</u></p></td> <td width=402 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:8px; FONT-SIZE:12pt" align=justify><u>Description</u></p></td></tr> <tr> <td width=138 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td> <td width=402 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=138 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:8px; FONT-SIZE:12pt" align=justify>99.1</p></td> <td width=402 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:19px; FONT-SIZE:12pt">Press release dated November 17, 2014</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:16px"><br></p> <p style=MARGIN:0px align=center><br><br></p> <p style=MARGIN:0px align=center>2</p> <p style="MARGIN:0px; FONT-FAMILY:Arial; FONT-SIZE:8pt">&nbsp;</p> <p style="MARGIN:0px; FONT-FAMILY:Arial; FONT-SIZE:8pt">&nbsp;</p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px; FONT-SIZE:12pt" align=center><b><u>SIGNATURES</u></b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:38px; MARGIN:0px; FONT-SIZE:12pt" align=justify>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 style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:288px; MARGIN:0px; FONT-SIZE:12pt">GOOD TIMES RESTAURANTS INC.</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; WIDTH:288px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:12pt">Date: &nbsp;November 18, 2014</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:12pt">By: &nbsp;<u>/s/ Boyd E. Hoback</u></p> <p style="TEXT-INDENT:324px; MARGIN:0px; CLEAR:left; FONT-SIZE:12pt">Boyd E. Hoback</p> <p style="TEXT-INDENT:324px; MARGIN:0px; FONT-SIZE:12pt">President and Chief Executive</p> <p style="TEXT-INDENT:324px; MARGIN:0px; FONT-SIZE:12pt">Officer</p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:13px"><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><br><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center>3</p> <p style=MARGIN:0px><br></p> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px; FONT-SIZE:12pt" align=center><b>EXHIBIT INDEX</b></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=justify>&nbsp;</p> <p style="MARGIN:0px; FONT-SIZE:12pt">The following exhibits are furnished as part of this report:</p> <p style=MARGIN:0px><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr style=FONT-SIZE:0px> <td width=138> <td width=402 /> </tr><tr> <td width=138 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:8px; FONT-SIZE:12pt" align=justify><u>Exhibit Number</u></p></td> <td width=402 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:8px; FONT-SIZE:12pt" align=justify><u>Description</u></p></td></tr> <tr> <td width=138 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td> <td width=402 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px><br></p></td></tr> <tr> <td width=138 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:8px; MARGIN-BOTTOM:8px; FONT-SIZE:12pt" align=justify>99.1</p></td> <td width=402 style=MARGIN-TOP:0px valign=top> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:19px; FONT-SIZE:12pt">Press release dated November 17, 2014</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br><br></p> <p style=MARGIN:0px align=center>4</p></div></body>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>ex991warrantexercisereleasen.htm
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<head><title>Converted by EDGARwiz</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:Times New Roman; COLOR:#000000; FONT-SIZE:10pt"> <div style=WIDTH:624px> <p style="MARGIN-TOP:26px; MARGIN-BOTTOM:0px; FONT-SIZE:12pt" align=justify><u>FOR IMMEDIATE RELEASE</u></p> <p style="MARGIN-TOP:0px; WIDTH:349px; MARGIN-BOTTOM:-2px; FLOAT:left; HEIGHT:22px; FONT-SIZE:12pt">November 17, 2014</p> <p style="MARGIN-TOP:0px; TEXT-INDENT:-2px; MARGIN-BOTTOM:17px; FONT-SIZE:12pt" align=justify>Nasdaq Capital Markets - GTIM</p> <p style="MARGIN:0px; CLEAR:left; FONT-SIZE:12pt" align=center><font style=BACKGROUND-COLOR:#ffffff><b>Good Times Restaurants </font><font style=BACKGROUND-COLOR:#ffffff>Inc. </font><font style=BACKGROUND-COLOR:#ffffff>Announces Completion of</b></font></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><font style=BACKGROUND-COLOR:#ffffff><b>Series A Warrant Redemption</b></font></p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><font style=BACKGROUND-COLOR:#ffffff><b>$</font><font style=BACKGROUND-COLOR:#ffffff>7</font><font style=BACKGROUND-COLOR:#ffffff> </font><font style=BACKGROUND-COLOR:#ffffff>Million in Capital Raised</b></font></p> <p style="MARGIN-TOP:17px; MARGIN-BOTTOM:0px; FONT-SIZE:12pt" align=justify><font style=BACKGROUND-COLOR:#ffffff>(GOLDEN, CO) </font><font style=BACKGROUND-COLOR:#ffffff>Good Times Restaurants Inc.</font><font style=BACKGROUND-COLOR:#ffffff> (Nasdaq: GTIM), </font><font style=BACKGROUND-COLOR:#ffffff>operator of Good Times Burgers &amp; Frozen Custard, a regional quick service restaurant chain focused on fresh, high quality, all natural products and a licensee of Bad Daddy's Burger Bar, a full service, upscale concept today announced </font><font style=BACKGROUND-COLOR:#ffffff>the successful completion of the redemption of its Series A Warrants</font><font style=BACKGROUND-COLOR:#ffffff> and Underwriter Warrants, each of which were exercisable into one share of common stock of the Company</font><font style=BACKGROUND-COLOR:#ffffff>. </font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>A total of</font><font style=BACKGROUND-COLOR:#ffffff> </font><font style=BACKGROUND-COLOR:#ffffff>2,</font><font style=BACKGROUND-COLOR:#ffffff>450</font><font style=BACKGROUND-COLOR:#ffffff>,100</font><font style=BACKGROUND-COLOR:#ffffff> Series </font><font style=BACKGROUND-COLOR:#ffffff>A</font><font style=BACKGROUND-COLOR:#ffffff> Warrants, representing </font><font style=BACKGROUND-COLOR:#ffffff>9</font><font style=BACKGROUND-COLOR:#ffffff>7</font><font style=BACKGROUND-COLOR:#ffffff>% of the outstanding Series A Warrants, </font><font style=BACKGROUND-COLOR:#ffffff>and 100% of the </font><font style=BACKGROUND-COLOR:#ffffff>154,000</font><font style=BACKGROUND-COLOR:#ffffff> Underwriter Warrants</font><font style=BACKGROUND-COLOR:#ffffff>,</font><font style=BACKGROUND-COLOR:#ffffff> were exercised by the holders</font><font style=BACKGROUND-COLOR:#ffffff> raising approximately $</font><font style=BACKGROUND-COLOR:#ffffff>7</font><font style=BACKGROUND-COLOR:#ffffff> million</font><font style=BACKGROUND-COLOR:#ffffff> in capital for the Company.</font></p> <p style="MARGIN-TOP:17px; MARGIN-BOTTOM:0px; FONT-SIZE:12pt" align=justify><font style=BACKGROUND-COLOR:#ffffff>Boyd Hoback, the Company's President and Chief Executive Officer, stated, "</font><font style=BACKGROUND-COLOR:#ffffff>We are very </font><font style=BACKGROUND-COLOR:#ffffff>pleased with the results of the</font><font style=BACKGROUND-COLOR:#ffffff> redemption which will provide us with additional capital to </font><font style=BACKGROUND-COLOR:#ffffff>develop and </font><font style=BACKGROUND-COLOR:#ffffff>expand </font><font style=BACKGROUND-COLOR:#ffffff>new</font><font style=BACKGROUND-COLOR:#ffffff> Good Times and Bad Daddy<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font>s restaurant</font><font style=BACKGROUND-COLOR:#ffffff>s</font><font style=BACKGROUND-COLOR:#ffffff>.</font><font style=BACKGROUND-COLOR:#ffffff> &nbsp;We have approximately $</font><font style=BACKGROUND-COLOR:#ffffff>12</font><font style=BACKGROUND-COLOR:#ffffff>.2 million</font><font style=BACKGROUND-COLOR:#ffffff> in cash</font><font style=BACKGROUND-COLOR:#ffffff>, stockholders<font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#146;</font> equity of over $15 million</font><font style=BACKGROUND-COLOR:#ffffff> and nominal long term debt after the redemption which gives us a good horizon for new restaurant development in both brands.</font><font style=BACKGROUND-COLOR:#ffffff><font style="FONT-FAMILY:Arial Unicode MS,Times New Roman">&#148;</font></font></p> <p style="MARGIN-TOP:17px; MARGIN-BOTTOM:0px; FONT-SIZE:12pt" align=justify><font style=BACKGROUND-COLOR:#ffffff>Holders had until 5:00 p.m. Mountain </font><font style=BACKGROUND-COLOR:#ffffff>Standard </font><font style=BACKGROUND-COLOR:#ffffff>Time on Friday, November 14, 2014 to exercise their </font><font style=BACKGROUND-COLOR:#ffffff>Series </font><font style=BACKGROUND-COLOR:#ffffff>A</font><font style=BACKGROUND-COLOR:#ffffff> W</font><font style=BACKGROUND-COLOR:#ffffff>arrants. </font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>Holders of </font><font style=BACKGROUND-COLOR:#ffffff>Series </font><font style=BACKGROUND-COLOR:#ffffff>A</font><font style=BACKGROUND-COLOR:#ffffff> Warrants that </font><font style=BACKGROUND-COLOR:#ffffff>were not </font><font style=BACKGROUND-COLOR:#ffffff>exercised </font><font style=BACKGROUND-COLOR:#ffffff>have no further rights except to receive, upon surrender of their Series A Warrants, $0.01 per Series A Warrant.</font></p> <p style="MARGIN-TOP:13px; MARGIN-BOTTOM:0px" align=justify><font style=BACKGROUND-COLOR:#ffffff><b><font style=FONT-SIZE:12pt>About</font></font><font style=FONT-SIZE:12pt><font style=BACKGROUND-COLOR:#ffffff> </font><font style=BACKGROUND-COLOR:#ffffff>Good Times Restaurants Inc.:</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</b></font><font style=BACKGROUND-COLOR:#ffffff>Good Times Restaurants Inc.</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>(GTIM) operates Good Times Burgers &amp; Frozen Custard, a regional chain of quick service restaurants located primarily in</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>Colorado, in its wholly owned subsidiary,</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>Good Times Drive Thru Inc.</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>Good Times provides a menu of high quality all natural hamburgers, 100% all natural chicken tenderloins, fresh frozen custard, fresh cut fries, fresh lemonades and other unique offerings. Good Times currently operates and franchises 36 restaurants.</font></font></p> <p style="MARGIN-TOP:13px; MARGIN-BOTTOM:0px" align=justify>&nbsp;</p> <p style=MARGIN:0px align=justify><font style=FONT-SIZE:12pt><font style=BACKGROUND-COLOR:#ffffff>GTIM owns and operates Bad Daddy's Burger Bar restaurants as a licensee through its wholly owned subsidiary,</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>BD of Colorado LLC</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>and plans to franchise Bad Daddy's Burger Bar restaurants through its 48% ownership of Bad Daddy's</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>Franchise Development LLC. Bad Daddy's Burger Bar is a full service, upscale, "small box" restaurant concept featuring a chef driven menu of gourmet signature burgers, chopped salads, appetizers and sandwiches with a full bar and a focus on a selection of craft microbrew beers in a high energy atmosphere that appeals to a broad consumer base.</font></font></p> <p style=MARGIN:0px align=justify>&nbsp;</p> <p style=MARGIN:0px align=justify><font style=BACKGROUND-COLOR:#ffffff><b><font style=FONT-SIZE:12pt>Good Times Forward Looking Statements:</font></font><font style=BACKGROUND-COLOR:#ffffff><font style=FONT-SIZE:12pt>&nbsp;</font></b></font><font style=FONT-SIZE:12pt><font style=BACKGROUND-COLOR:#ffffff>This press release contains forward looking statements within the meaning of federal securities laws. The words "intend," "may," "believe," "will," "should," "anticipate," "expect," "seek" and similar expressions are intended to identify forward looking statements. These statements involve known and unknown risks, which may cause the Company's actual results to differ materially from results expressed or implied by the forward looking statements. These risks include such factors as the uncertain nature of current restaurant development plans and the ability to implement those plans, 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-K for the fiscal year ended</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>September 30, 2013</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>filed with the</font><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font><font style=BACKGROUND-COLOR:#ffffff>SEC. Although Good Times may from time to time voluntarily update its forward looking statements, it disclaims any commitment to do so except as required by securities laws.</font></font></p> <p style=MARGIN:0px align=justify>&nbsp;</p> <p style=MARGIN:0px align=justify><font size=3><strong>Good Times Restaurants Inc.</strong></font></p> <p style=MARGIN:0px align=justify><font size=3><em>Investor Relations Contacts:</em></font></p> <p style=MARGIN:0px align=justify><font size=3>Boyd E. Hoback, 303-384-1411</font></p> <p style=MARGIN:0px align=justify><font size=3>President and CEO</font></p> <p style=MARGIN:0px align=justify><font size=3>or</font></p> <p style=MARGIN:0px align=justify><font size=3>Christi Pennington, 303-384-1440</font></p> <p style=MARGIN:0px align=justify><font size=3>or</font></p> <p style=MARGIN:0px align=justify><font size=3><strong>Porter, LeVay &amp; Rose</strong></font></p> <p style=MARGIN:0px align=justify><font size=3>Mike Porter, 212-564-4700</font><br><br></p></div></body>
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