0001145839-16-000022.txt : 20161129 0001145839-16-000022.hdr.sgml : 20161129 20161129103118 ACCESSION NUMBER: 0001145839-16-000022 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161129 DATE AS OF CHANGE: 20161129 GROUP MEMBERS: CHARLES JOBSON GROUP MEMBERS: DELTA ADVISORS, LLC GROUP MEMBERS: DELTA PARTNERS GP, LLC GROUP MEMBERS: PRISM OFFSHORE FUND, LTD. GROUP MEMBERS: PRISM PARTNERS, L.P. SUBJECT COMPANY: 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: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-42729 FILM NUMBER: 162021640 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DELTA PARTNERS LP CENTRAL INDEX KEY: 0001145839 IRS NUMBER: 043462065 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: SUITE 2401 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: (617) 526-8939 MAIL ADDRESS: STREET 1: ONE INTERNATIONAL PLACE STREET 2: SUITE 2401 CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: DELTA PARTNERS LLC DATE OF NAME CHANGE: 20010726 SC 13G/A 1 gtim13g112116.txt ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Amendment No. 3) good times restaurants inc. -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, par value $0.001 per share -------------------------------------------------------------------------------- (Title of class of securities) 382140879 -------------------------------------------------------------------------------- (CUSIP number) November 21, 2016 -------------------------------------------------------------------------------- (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) (Continued on the following pages) -------------------------------- (1)The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ================================================================================ ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 2 of 13 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Partners LP -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 2,248,436 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,248,436 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,248,436 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 18.3% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN, IA ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 3 of 13 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Charles Jobson -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 2,248,436 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,248,436 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,248,436 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 18.3% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 4 of 13 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Partners GP, LLC -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 2,248,436 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,248,436 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,248,436 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 18.3% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 5 of 13 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prism Partners, L.P. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 1,346,850 common stock OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH None -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,346,850 common stock -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER None -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,346,850 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.0% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * PN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 6 of 13 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Delta Advisors, LLC -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY None OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH 1,346,850 common stock -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER None -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,346,850 common stock -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,346,850 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.0% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------------ SCHEDULE 13G ------------------------------ CUSIP No. 382140879 Page 7 of 13 Pages ------------------------------ ------------------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prism Offshore Fund, Ltd. -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 901,586 common stock OWNED BY EACH -------------------------------------------------------- REPORTING 6 SHARED VOTING POWER PERSON WITH None -------------------------------------------------------- 7 901,586 common stock -------------------------------------------------------- 8 SHARED DISPOSITIVE POWER None -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 901,586 common stock -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% common stock -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! STATEMENT ON SCHEDULE 13G ITEM 1(a). NAME OF ISSUER: good times restaurants inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 141 Union BLVD, Suite 400 Lakewood, CO 80228 ITEM 2(a). NAMES OF PERSON FILING: Delta Partners LP, a Delaware Limited Partnership Charles Jobson, United States Citizen Delta Partners GP, LLC, a Delaware Limited Liability Company Prism Partners, L.P., a Delaware Limited Partnerhip Delta Advisors, LLC, a Delaware Limited Liability Company Prism Offshore Fund, Ltd, a Cayman Islands Company ITEM 2(b). BUSINESS MAILING ADDRESS FOR EACH PERSON FILING: Each of the reporting persons & entities has a business address of: One International Place, Suite 2401 Boston, MA 02110 ITEM 2(c). CITIZENSHIP: Shown in item 2(a) above ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, par value $0.001 per share ITEM 2(E). CUSIP NUMBER: 382140879 ITEM3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: (e) An investment advisor in accordance with 240.13d-1(b)(1)(ii)(E) If this statement is filed pursuant to Rule 240,13d-1(c), check this box [x]. Page 8 of 13 ITEM 4. OWNERSHIP: DELTA PARTNERS LP * (a) Amount Beneficially Owned: 2,248,436 common stock ------------------------------------------- (b) Percent of Class: 18.3% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote:2,248,436 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of:2,248,436 common stock --------- Delta Partners GP, LLC * (a) Amount Beneficially Owned: 2,248,436 common stock ------------------------------------------- (b) Percent of Class: 18.3% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote:2,248,436 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of:2,248,436 common stock --------- Prism Offshore Fund, Ltd * (a) Amount Beneficially Owned: 901,586 common stock ------------------------------------------- (b) Percent of Class: 7.3% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 901,586 common stock ----------------------- (ii) shared power to vote or to direct the vote: None --------------------- (iii)sole power to dispose or to direct the disposition of: 901,586 common stock ------------ (iv)shared power to dispose or to direct the disposition of: None --------- Page 9 of 13 CHARLES JOBSON * (a) Amount Beneficially Owned: 2,248,436 common stock ------------------------------------------- (b) Percent of Class: 18.3% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote:2,248,436 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of:2,248,436 common stock --------- PRISM PARTNERS, L.P. * (a) Amount Beneficially Owned: 1,346,850 common stock ------------------------------------------- (b) Percent of Class: 11.0% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 1,346,850 common stock ----------------------- (ii) shared power to vote or to direct the vote: None --------------------- (iii)sole power to dispose or to direct the disposition of:1,346,850 common stock ------------ (iv)shared power to dispose or to direct the disposition of: None --------- DELTA ADVISORS, LLC * (a) Amount Beneficially Owned: 1,346,850 common stock ------------------------------------------- (b) Percent of Class: 11.0% common stock ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: None ----------------------- (ii) shared power to vote or to direct the vote:1,346,850 common stock --------------------- (iii)sole power to dispose or to direct the disposition of: None ------------ (iv)shared power to dispose or to direct the disposition of:1,346,850 common stock --------- * Shares reported for Delta Partners, LP, Delta Partners GP, LLC and Charles Jobson include shares beneficially owned by Prism Partners L.P., and Prism Offshore Fund Limited. Shares reported by Delta Advisors, LLC inlcude shares beneficially owned by Prism Partners, L.P. Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Page 10 of 13 ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable Page 11 of 13 ITEM 10. CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 29, 2016 DELTA PARTNERS, LP By: Delta Partners GP, LLC its general partner By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- DELTA PARTNERS GP, LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member PRISM PARTNERS, L.P. By: Delta Advisors, LLC its general partner By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member DELTA ADVISORS, LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member PRISM OFFSHORE FUND, LTD By: Delta Partners, LP its investment manager /s/ Charles Jobson --------------------------------- Charles Jobson, Partner Page 12 of 13 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of good times restaurants inc. and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts. In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 29th day of November 2016. DELTA PARTNERS, LP By: Delta Partners GP, LLC its general partner By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member CHARLES JOBSON By: Charles Jobson --------------------------------- DELTA PARTNERS GP, LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member PRISM PARTNERS, L.P. By: Delta Advisors, LLC its general partner By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member DELTA ADVISORS, LLC By: /s/ Charles Jobson --------------------------------- Charles Jobson, Managing Member PRISM OFFSHORE FUND, LTD By: Delta Partners, LP its investment manager /s/ Charles Jobson --------------------------------- Charles Jobson, Partner Page 13 of 13