U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File No.: 0-18590
(Check One):
[X] Form 10-K and Form 10-KSB [ ] Form 20-F[ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: March 31, 1995
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
Read Attached Instruction Sheet Before Preparing Form. Please Print or
Type.
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Part I Registrant Information
Full Name of Registrant: Good Times Restaurants Inc.
Former Name if Applicable: N/A
Address of Principal Executive Office (Street and Number)
8620 Wolff Court, Suite 330
City, State and Zip Code: Westminster, Colorado 80030
<PAGE>
Part II Rules 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
[X] (b) The subject annual report, semi-annual report, transition
report on Form 10-K and Form 10-KSB, Form 20-F, 11-K or Form N-SAR,
or portion thereof will be filed on or before the
fifteenth calendar day following the prescribed due date; or
the subject quarterly report or transition report on Form 10-Q
and Form 10-QSB, or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date; and
[X] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III Narrative
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed period.
The closing of the Company's books have been delayed due to the
sale of one of the Company's subsidiaries and also due to the
closure of the Company's Las Vegas operation.
PART IV Other Information
(1) Name and telephone number of person to contact in regard to
this notification:
Thomas A. Gordon (303) 427-4221
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
[ X ] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?
[ X ] Yes [ ] No
<PAGE>
If so, explain the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made:
The Company sustained a significant net loss of $2,090,000
versus $178,000 from prior year due to the closure of its Las
Vegas operation.
GOOD TIMES RESTAURANTS INC.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: December 28, 1995 By: \s\ Thomas A. Gordon
Title: Executive Vice President,
Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed beneath the
signature. If the statement is signed on behalf of the registrant by an
authorized representative (other than an executive officer), evidence of
the representative's authority to sign on behalf of the registrant shall
be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
December 28, 1995
Securities and Exchange Commission
Washington, D.C. 20549
RE: Good Times Restaurants Inc.
Gentlemen:
We have been informed by the Company that closing of the books has been
delayed. We therefore anticipate that the audit of the consolidated financial
statements of Good Times Restaurants Inc. will not be able to be completed by
the required filing date of December 29, 1995 without unreasonable cost and
effort.
Sincerely,
HEIN + ASSOCIATES LLP
