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<title>Form 8-K</title>



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<p class=MsoTitle><b><font size=3 face="Times New Roman">UNITED STATES</font></b></p>

<p class=MsoNormal align=center style='text-align:center'><b><font size=3
face="Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></b></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
  face="Times New Roman">Washington</font><font
 size=3>, D.C. 20549</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal align=center style='text-align:center'><b><font size=3
face="Times New Roman">FORM 8-K</font></b></p>

<p class=MsoNormal align=center style='text-align:center'><b><font size=3
face="Times New Roman">&nbsp;</font></b></p>

<p class=MsoNormal align=center style='text-align:center'><b><font size=3
face="Times New Roman">CURRENT
REPORT</font></b></p>

<p class=MsoNormal><b><font size=3 face="Times New Roman">&nbsp;</font></b></p>

<h3><b><font size=3 face="Times New Roman">Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b></h3>

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face="Times New Roman">Date of Report (Date of
earliest event reported)</font></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">July 23, 2010</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal align=center style='text-align:center'><b><font size=3
face="Times New Roman">Good
Times Restaurants Inc.</font></b></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">(Exact name of registrant
as specified in its charter)</font></p>

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  <p class=MsoNormal align=right style='text-align:right'><font size=3
  face="Times New Roman">Nevada</font></p>
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  <td width=234 valign=top style='width:175.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'><font size=3
  face="Times New Roman">000-18590</font></p>
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  <td width=162 valign=top style='width:121.85pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><font size=3 face="Times New Roman">84-1133368</font></p>
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  <p class=MsoNormal align=right style='text-align:right'><font size=3
  face="Times New Roman">(State or other
  jurisdiction</font></p>
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  <p class=MsoNormal align=center style='text-align:center'><font size=3
  face="Times New Roman">(Commission</font></p>
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  <p class=MsoNormal><font size=3 face="Times New Roman">(IRS Employer</font></p>
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  <p class=MsoNormal align=right style='text-align:right'><font size=3
  face="Times New Roman">of incorporation)</font></p>
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  <p class=MsoNormal align=center style='text-align:center'><font size=3
  face="Times New Roman">File Number)</font></p>
  </td>
  <td width=162 valign=top style='width:121.85pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><font size=3 face="Times New Roman">Identification No.)</font></p>
  </td>
 </tr>
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<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">601 Corporate Circle, Golden, Colorado 80401</font></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">(Address of principal
executive offices)&nbsp;&nbsp; (Zip Code)</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">Registrant's telephone
number, including area code: (303) 384-1400</font></p>

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<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">Not applicable</font></p>

<p class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman">(Former name or former
address, if changed since last report.)</font></p>

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<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">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.):</font></p>

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<p class=MsoNormal><font size=3 face="Times New Roman">[_] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal><font size=3 face="Times New Roman">[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</font></p>

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<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in'><b><font
size=3 color=black face="Times New Roman">ITEM 3.01&nbsp;&nbsp;&nbsp;&nbsp; Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.</font></b></p>

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face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal style='text-align:justify'><font size=3 color=black
face="Times New Roman">On July 19,
2010, Good Times Restaurants Inc. (&quot;we,&quot; &quot;us,&quot; &quot;our,&quot; &quot;Good Times&quot; or the
&quot;Company&quot;) received a notice from The Nasdaq Stock Market informing us that for
the last 30 consecutive business days, the closing bid price of our common
stock has been below the minimum $1.00 per share requirement for continued
inclusion on The Nasdaq Capital Market under Marketplace Rule 5550(a)(2). Our
shares trade on The Nasdaq Capital Market under the symbol &quot;GTIM.&quot;</font></p>

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face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal style='text-align:justify'><font size=3 color=black
face="Times New Roman">The notice
states that under Marketplace Rule 5810(c)(3)(A), we will be provided 180
calendar days, or until January 18, 2011, to regain compliance with Marketplace
Rule 5550(a)(2). To regain compliance, the bid price of our common stock must
close at $1.00 per share or more for a minimum of 10 consecutive business days
anytime before January 18, 2011.</font></p>

<p class=MsoNormal style='text-align:justify'><font size=3 color=black
face="Times New Roman">&nbsp;</font></p>

<p class=MsoNormal style='text-align:justify'><font size=3 color=black
face="Times New Roman">The notice
also states that on January 18, 2011, we may be provided with an additional 180
calendar day compliance period to demonstrate compliance if, at that time, we
meet all of The Nasdaq Capital Market initial inclusion criteria set forth in
Marketplace Rule 5505 other than the bid price requirement. If we are not
eligible for an additional compliance period at that time, the Nasdaq staff
will provide written notification that our common stock will be delisted. Upon
such notice, we may appeal the Nasdaq staff determination to a Listing
Qualifications Panel, pursuant to the procedures set forth in the Nasdaq
Marketplace Rule 5800 Series. There can be no assurance that, if the Nasdaq
staff determines to delist our common stock and we appeal the Nasdaq Staff's
determination, such appeal would be successful. We intend to continue to
monitor the bid price for our common stock. If our common stock does not trade
at a level that is likely to regain compliance with the Nasdaq requirements,
our Board of Directors will consider whatever options may be available to us to
achieve compliance.</font></p>

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<h3><b><font size=3 face="Times New Roman">SIGNATURES</font></b></h3>

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<p class=MsoBodyTextIndent3><font size=3 face="Times New Roman">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.</font></p>

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  <p class=MsoNormal><b><font size=3 face="Times New Roman">GOOD TIMES RESTAURANTS INC</font></b><font
  size=3>.</font></p>
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  <p class=MsoNormal><font size=3 face="Times New Roman">Date:&nbsp; July 23, 2010</font></p>
  </td>
  <td width=289 valign=top style='width:216.95pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><font size=3 face="Times New Roman">By:&nbsp; <u>/s/ Boyd E. Hoback</u></font></p>
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  <p class=MsoNormal><font size=3 face="Times New Roman">Boyd E. Hoback</font></p>
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  <p class=MsoNormal><font size=3 face="Times New Roman">President and Chief Executive Officer</font></p>
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{"company-data": {"conformed-name": "GOOD TIMES RESTAURANTS INC", "cik": "0000825324", "assigned-sic": "5812", "irs-number": "841133368", "state-of-incorporation": "NV", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-18590", "film-number": "10967001"}, "business-address": {"street1": "601 CORPORATE CIRCLE", "city": "GOLDEN", "state": "CO", "zip": "80401", "phone": "3033841400"}, "mail-address": {"street1": "601 CORPORATE CIRCLE", "city": "GOLDEN", "state": "CO", "zip": "80401"}, "former-company": {"former-conformed-name": "PARAMOUNT VENTURES INC", "date-changed": "19900205"}}
Form 8-K
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington
, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported)
July 23, 2010
Good
Times Restaurants Inc.
(Exact name of registrant
as specified in its charter)
Nevada
000-18590
84-1133368
(State or other
  jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
601 Corporate Circle, Golden, Colorado 80401
(Address of principal
executive offices)   (Zip Code)
Registrant's telephone
number, including area code: (303) 384-1400
Not applicable
(Former name or former
address, if changed since last report.)
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)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 3.01     Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 19,
2010, Good Times Restaurants Inc. ("we," "us," "our," "Good Times" or the
"Company") received a notice from The Nasdaq Stock Market informing us that for
the last 30 consecutive business days, the closing bid price of our common
stock has been below the minimum $1.00 per share requirement for continued
inclusion on The Nasdaq Capital Market under Marketplace Rule 5550(a)(2). Our
shares trade on The Nasdaq Capital Market under the symbol "GTIM."
The notice
states that under Marketplace Rule 5810(c)(3)(A), we will be provided 180
calendar days, or until January 18, 2011, to regain compliance with Marketplace
Rule 5550(a)(2). To regain compliance, the bid price of our common stock must
close at $1.00 per share or more for a minimum of 10 consecutive business days
anytime before January 18, 2011.
The notice
also states that on January 18, 2011, we may be provided with an additional 180
calendar day compliance period to demonstrate compliance if, at that time, we
meet all of The Nasdaq Capital Market initial inclusion criteria set forth in
Marketplace Rule 5505 other than the bid price requirement. If we are not
eligible for an additional compliance period at that time, the Nasdaq staff
will provide written notification that our common stock will be delisted. Upon
such notice, we may appeal the Nasdaq staff determination to a Listing
Qualifications Panel, pursuant to the procedures set forth in the Nasdaq
Marketplace Rule 5800 Series. There can be no assurance that, if the Nasdaq
staff determines to delist our common stock and we appeal the Nasdaq Staff's
determination, such appeal would be successful. We intend to continue to
monitor the bid price for our common stock. If our common stock does not trade
at a level that is likely to regain compliance with the Nasdaq requirements,
our Board of Directors will consider whatever options may be available to us to
achieve compliance.
SIGNATURES
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.
GOOD TIMES RESTAURANTS INC
.
Date:  July 23, 2010
By:
/s/ Boyd E. Hoback
Boyd E. Hoback
President and Chief Executive Officer
2