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<p class=MsoTitle><b>UNITED STATES</b></p>

<p class=MsoNormal align=center style='text-align:center'><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p class=MsoNormal align=center style='text-align:center'>Washington, D.C. 20549</p>



<p class=MsoNormal align=center style='text-align:center'><b>FORM 8-K</b></p>

<p class=MsoNormal align=center style='text-align:center'><b>&nbsp;</b></p>

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

<p class=MsoNormal><b>&nbsp;</b></p>

<h3>Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934</h3>



<p class=MsoNormal align=center style='text-align:center'>Date of Report (Date of earliest event reported)</p>

<p class=MsoNormal align=center style='text-align:center'>April 1, 2010</p>



<p class=MsoNormal align=center style='text-align:center'><b>Good Times Restaurants Inc.</b></p>

<p class=MsoNormal align=center style='text-align:center'>(Exact name of registrant as specified in its charter)</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nevada&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 000-18590&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84-1133368</p>

<p class=MsoNormal> (State or other jurisdiction&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Commission&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (IRS
Employer</p>

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; of incorporation)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; File
Number)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identification No.)</p>

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>



<p class=MsoNormal align=center style='text-align:center'>601 Corporate Circle, Golden, Colorado 80401</p>

<p class=MsoNormal align=center style='text-align:center'>(Address of principal executive offices)&nbsp;&nbsp; (Zip Code)</p>



<p class=MsoNormal align=center style='text-align:center'>Registrant's telephone number, including area code:
(303) 384-1400</p>



<p class=MsoNormal align=center style='text-align:center'>Not applicable</p>

<p class=MsoNormal align=center style='text-align:center'>(Former name or former address, if changed since last
report.)</p>





<p class=MsoNormal>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>

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<p class=MsoNormal><b>Item 1.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entry
into a Material Definitive Agreement.</b></p>

<p class=MsoNormal style='text-autospace:none'><b>&nbsp;</b></p>

<p class=MsoNormal style='text-indent:.5in;text-autospace:none'>On April 1, 2010 (the &quot;Effective Date&quot;),
Good Times Restaurants Inc. (the &quot;Company&quot;) entered into a First Amendment to Loan
Agreement (the &quot;First Amendment&quot;) which amends that certain Loan Agreement,
dated February 1, 2010 (the &quot;Loan Agreement&quot;), among the Company, Good Times
Drive Thru Inc., a wholly owned subsidiary of the Company (&quot;GTDT&quot;),Golden
Bridge LLC (&quot;Golden Bridge&quot;), W Capital, Inc. (&quot;W Capital&quot;), and John T. McDonald
(&quot;McDonald&quot;) (Golden Bridge, W Capital and McDonald are each a &quot;Lender Party&quot;
and collectively&nbsp; &quot;the Lender&quot; under the Loan Agreement).&nbsp; The Loan Agreement
is described on the Form 8-K filed by the Company on February 3, 2010.&nbsp; As a
result of regulatory concerns, the effect of the First Amendment is to replace
Golden Bridge as a Lender Party under the Loan Agreement with W Capital and
McDonald on the same terms and conditions that applied to Golden Bridge.&nbsp; </p>



<p class=MsoNormal style='text-indent:.5in;text-autospace:none'>The First Amendment provides for the repayment
of the entire principal amount of $150,000 owed to Golden Bridge upon the Effective
Date, whereby Golden Bridge will thereafter cease to be a Lender Party under
the Loan Agreement and to have any rights and obligations thereunder, except
that the Company shall remain liable for accrued interest to Golden Bridge
through the Effective Date, payable on August 1, 2010.&nbsp; The First Amendment
further provides for additional loans to the Company by W Capital, in the
additional principal amount of $100,000, and McDonald, in the additional principal
amount of $50,000, on the Effective Date.&nbsp;&nbsp; </p>



<p class=Style37 style='margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify'>Pursuant to the First
Amendment, the Secured Convertible Promissory Note, dated February 1, 2010, issued
by the Company and GTDT to Golden Bridge, W Capital and McDonald, was cancelled
in its entirety.&nbsp; The Company and GTDT issued a new Secured Convertible
Promissory Note (the &quot;New Note&quot;) to W Capital and McDonald dated April 1, 2010.&nbsp;
In addition, the Warrant, dated February 1, 2010, issued by the Company to
Golden Bridge, was cancelled in its entirety.&nbsp; The Company issued new warrants (the
&quot;New Warrants&quot;) to W Capital, with respect to 12,500 shares of the Company's
Common Stock, and McDonald, with respect to 6,250 shares of the Company's
Common Stock.</p>



<p class=Style37 style='margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify'>Finally, the First Amendment
amends Schedule I to the Loan Agreement to reflect that the number of
&quot;Additional Warrant Shares&quot; issuable to each Lender Party pursuant to Section
1(c) of the Loan Agreement will be as follows:</p>

<p class=Style35 style='margin-top:0in;margin-right:0in;margin-bottom:0in;
margin-left:1.5in;margin-bottom:.0001pt'>Lender Party&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Additional Warrant Shares</p>

<p class=Style37 style='margin-top:0in;margin-right:0in;margin-bottom:0in;
margin-left:1.5in;margin-bottom:.0001pt;text-align:justify;text-indent:0in'>W Capital&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37,500</p>

<p class=Style35 style='margin-bottom:0in;margin-bottom:.0001pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; McDonald&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12,500</p>



<p class=MsoNormal style='text-indent:.5in;text-autospace:none'>The Registration Statement on Form S-3 filed
by the Company on March 4, 2010 in connection with the Loan Agreement will be
amended to reflect the terms of the First Amendment, the New Note and the New
Warrants.</p>



<p class=MsoNormal style='text-indent:.5in;text-autospace:none'>The First Amendment, the New Note, and the New
Warrants (collectively, the &quot;Amended Loan Documents&quot;) are filed as Exhibits
10.1, 10.2 and 4.1, respectively, to this Current
Report on Form 8-K and are incorporated herein by reference.&nbsp; The foregoing
summary of the Amended Loan Documents is qualified in its entirety by
reference to the full text of the Amended Loan Documents filed as exhibits
hereto.</p>



<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in;text-autospace:
none'><b>Item 2.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant.</b></p>

<p class=MsoNormal style='margin-left:1.0in;text-indent:-1.0in;text-autospace:
none'><b>&nbsp;</b></p>

<p class=MsoNormal style='text-indent:.5in;text-autospace:none'>The description of the Amended Loan
Documents contained in Item 1.01 above is incorporated herein by reference.&nbsp; </p>

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<p class=MsoNormal style='text-align:justify'><b>Item
9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements and Exhibits.</b></p>



<p class=MsoNormal style='text-indent:.5in'>(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits.&nbsp;
The following exhibits are filed as part of this report:</p>



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<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=528
 style='width:5.5in;margin-left:662.95pt;border-collapse:collapse'>
 <tr>
  <td width=67 valign=top style='width:50.15pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>Exhibit</p>
  <p class=MsoNormal align=center style='text-align:center'><u>Number</u></p>
  </td>
  <td width=461 valign=top style='width:345.85pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><u>&nbsp;</u></p>
  <p class=MsoNormal><u>Description</u></p>
  </td>
 </tr>
 <tr>
  <td width=67 valign=top style='width:50.15pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>4.1</p>
  </td>
  <td width=461 valign=top style='width:345.85pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Warrants to Purchase Shares
  of Common Stock, Par Value $0.01 Per Share dated April1, 2010 by Good Times
  Restaurants Inc.</p>
  </td>
 </tr>
 <tr>
  <td width=67 valign=top style='width:50.15pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>10.1</p>
  </td>
  <td width=461 valign=top style='width:345.85pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>First Amendment to Loan
  Agreement dated April 1, 2010 among W Capital, John T. McDonald, Golden
  Bridge, LLC, and Good Times Restaurants Inc.</p>
  </td>
 </tr>
 <tr>
  <td width=67 valign=top style='width:50.15pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center'>10.2</p>
  </td>
  <td width=461 valign=top style='width:345.85pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Promissory Note dated April
  1, 2010 by Good Times Drive Thru Inc. and Good Times Restaurants Inc.</p>
  </td>
 </tr>
 <tr>
  <td width=67 valign=top style='width:50.15pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=461 valign=top style='width:345.85pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=67 valign=top style='width:50.15pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=461 valign=top style='width:345.85pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
</table>

</div>



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 <tr>
  <td valign=top align=left style='padding-top:0in;padding-right:0in;
  padding-bottom:0in;padding-left:0in'>
  <p class=MsoFooter>3</p>
  </td>
 </tr>
</table>

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<h3><b>SIGNATURES</b></h3>



<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>





<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GOOD
TIMES RESTAURANTS INC.</p>





<p class=MsoNormal>Date:&nbsp; April 6, 2010&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By:
&nbsp;<i><u>/s/ Boyd E. Hoback</u></i></p>

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Boyd
E. Hoback</p>

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[{"type": "8-K", "sequence": "1", "filename": "form8k1.htm", "secsgml_size_bytes": 16119}]
{"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": "10733527"}, "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"}}
_
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)
April 1, 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))
11149096
11379472.2
Item 1.01        Entry
into a Material Definitive Agreement.
On April 1, 2010 (the "Effective Date"),
Good Times Restaurants Inc. (the "Company") entered into a First Amendment to Loan
Agreement (the "First Amendment") which amends that certain Loan Agreement,
dated February 1, 2010 (the "Loan Agreement"), among the Company, Good Times
Drive Thru Inc., a wholly owned subsidiary of the Company ("GTDT"),Golden
Bridge LLC ("Golden Bridge"), W Capital, Inc. ("W Capital"), and John T. McDonald
("McDonald") (Golden Bridge, W Capital and McDonald are each a "Lender Party"
and collectively  "the Lender" under the Loan Agreement).  The Loan Agreement
is described on the Form 8-K filed by the Company on February 3, 2010.  As a
result of regulatory concerns, the effect of the First Amendment is to replace
Golden Bridge as a Lender Party under the Loan Agreement with W Capital and
McDonald on the same terms and conditions that applied to Golden Bridge.
The First Amendment provides for the repayment
of the entire principal amount of $150,000 owed to Golden Bridge upon the Effective
Date, whereby Golden Bridge will thereafter cease to be a Lender Party under
the Loan Agreement and to have any rights and obligations thereunder, except
that the Company shall remain liable for accrued interest to Golden Bridge
through the Effective Date, payable on August 1, 2010.  The First Amendment
further provides for additional loans to the Company by W Capital, in the
additional principal amount of $100,000, and McDonald, in the additional principal
amount of $50,000, on the Effective Date.
Pursuant to the First
Amendment, the Secured Convertible Promissory Note, dated February 1, 2010, issued
by the Company and GTDT to Golden Bridge, W Capital and McDonald, was cancelled
in its entirety.  The Company and GTDT issued a new Secured Convertible
Promissory Note (the "New Note") to W Capital and McDonald dated April 1, 2010. 
In addition, the Warrant, dated February 1, 2010, issued by the Company to
Golden Bridge, was cancelled in its entirety.  The Company issued new warrants (the
"New Warrants") to W Capital, with respect to 12,500 shares of the Company's
Common Stock, and McDonald, with respect to 6,250 shares of the Company's
Common Stock.
Finally, the First Amendment
amends Schedule I to the Loan Agreement to reflect that the number of
"Additional Warrant Shares" issuable to each Lender Party pursuant to Section
1(c) of the Loan Agreement will be as follows:
Lender Party                            Additional Warrant Shares
W Capital                                 37,500
McDonald                                12,500
The Registration Statement on Form S-3 filed
by the Company on March 4, 2010 in connection with the Loan Agreement will be
amended to reflect the terms of the First Amendment, the New Note and the New
Warrants.
The First Amendment, the New Note, and the New
Warrants (collectively, the "Amended Loan Documents") are filed as Exhibits
10.1, 10.2 and 4.1, respectively, to this Current
Report on Form 8-K and are incorporated herein by reference.  The foregoing
summary of the Amended Loan Documents is qualified in its entirety by
reference to the full text of the Amended Loan Documents filed as exhibits
hereto.
Item 2.03        Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant.
The description of the Amended Loan
Documents contained in Item 1.01 above is incorporated herein by reference.
2
11149096
11379472.2
Item
9.01        Financial Statements and Exhibits.
(d)        Exhibits. 
The following exhibits are filed as part of this report:
Exhibit
Number
Description
4.1
Warrants to Purchase Shares
  of Common Stock, Par Value $0.01 Per Share dated April1, 2010 by Good Times
  Restaurants Inc.
10.1
First Amendment to Loan
  Agreement dated April 1, 2010 among W Capital, John T. McDonald, Golden
  Bridge, LLC, and Good Times Restaurants Inc.
10.2
Promissory Note dated April
  1, 2010 by Good Times Drive Thru Inc. and Good Times Restaurants Inc.
3
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11379472.2
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:  April 6, 2010                                         By:
/s/ Boyd E. Hoback
Boyd
E. Hoback
President
and Chief Executive Officer11149096
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