Good Times Restaurants Inc. (Good Times) is a holding company for its wholly owned subsidiary, Good Times Drive Thru Inc. Good Times Drive Thru Inc. is engaged in the business of developing, owning, operating and franchising hamburger-oriented, drive-through restaurants under the name Good Times Burgers & Frozen Custard. Most of the Company’s restaurants are located in the communities of Colorado, but it also has franchised restaurants in Idaho, North Dakota and Wyoming. As of September 30, 2008, the Company operated and franchised a total of 52 Good Times restaurants, of which 48 are in Colorado, with 43 in the Denver greater metropolitan area, three in Colorado Springs, one in