According to a newly-amended 13G filing with the Securities and Exchange Commission, Charles Jobson‘s Delta Partners continues to increase its stake in Good Times Restaurants Inc (NASDAQ:GTIM), this time to 888,544 common shares, which amass 7.2% of the company’s outstanding stock. Previously, the fund held 797,015 shares, which represented 6.5% of the company’s stock, as per its previous 13G filing on the company.
Good Times Restaurants is a fast-food company that franchises and runs the Good Time Burgers & Frozen Custard and Bad Daddy’s Burger Bar restaurants. Since the beginning of the year, the company’s stock has lost 27.29%. For the third quarter of its fiscal year 2016, the company reported earnings per share of $0.04 and revenue of $18.07 million, compared to EPS of $0.01 and revenue of $12.94 million for the same quarter of the previous fiscal year.
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Investors in our database long Good Times Restaurants (NASDAQ:GTIM) at the end of June, included Mark Broach’s Manatuck Hill Partners, which held a position worth $3.71 million, and Richard Driehaus’ Driehaus Capital, which had a $1.47 million position. A new investor in the company during the quarter was Warren Lammert’s Granite Point Capital, which had a $1.11 million investment in it by June 30.
Two investors who dumped Good Times Restaurants (NASDAQ:GTIM) during the second quarter were Mark Coe’s Coe Capital Management, which said goodbye to $279,000 in stock, and Jim Simons’ Renaissance Technologies’, which sold off its position valued at $117,000 on March 31.
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You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Delta Partners | 888,544 | 888,544 | 7.2% | |||
| Charles Jobson | 888,544 | 888,544 | 7.2% | |||
| Delta Partners GP | 888,544 | 888,544 | 7.2% | |||
| Prism Partners | 626,414 | 626,414 | 5.1% | |||
| Delta Advisors | 626,414 | 626,414 | 5.1% |
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Page 1 of 10 – SEC Filing
================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Amendment No. 1)
good times restaurants inc.
——————————————————————————–
(Name of issuer)
COMMON STOCK, par value $0.001 per share
——————————————————————————–
(Title of class of securities)
382140879
——————————————————————————–
(CUSIP number)
August 16, 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!
Page 2 of 10 – SEC Filing
CUSIP No. 382140879 Page 2 of 12 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 888,544 common stock
——————————————————–
7 SOLE DISPOSITIVE POWER
None
——————————————————–
8 SHARED DISPOSITIVE POWER
888,544 common stock
——————————————————————————–
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,544 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
7.2% common stock
——————————————————————————–
12 TYPE OF REPORTING PERSON *
PN, IA
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 10 – SEC Filing
CUSIP No. 382140879 Page 3 of 12 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 888,544 common stock
——————————————————–
7 SOLE DISPOSITIVE POWER
None
——————————————————–
8 SHARED DISPOSITIVE POWER
888,544 common stock
——————————————————————————–
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,544 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
7.2% common stock
——————————————————————————–
12 TYPE OF REPORTING PERSON *
IN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 4 of 10 – SEC Filing
CUSIP No. 382140879 Page 4 of 12 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 888,544 common stock
——————————————————–
7 SOLE DISPOSITIVE POWER
None
——————————————————–
8 SHARED DISPOSITIVE POWER
888,544 common stock
——————————————————————————–
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,544 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
7.2% common stock
——————————————————————————–
12 TYPE OF REPORTING PERSON *
CO
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 5 of 10 – SEC Filing
CUSIP No. 382140879 Page 5 of 12 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 626,414 common stock
OWNED BY EACH ——————————————————–
REPORTING 6 SHARED VOTING POWER
PERSON
WITH None
——————————————————–
7 SOLE DISPOSITIVE POWER
626,414 common stock
——————————————————–
8 SHARED DISPOSITIVE POWER
None
——————————————————————————–
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
626,414 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
5.1% common stock
——————————————————————————–
12 TYPE OF REPORTING PERSON *
PN
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 6 of 10 – SEC Filing
CUSIP No. 382140879 Page 6 of 12 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 626,414 common stock
——————————————————–
7 SOLE DISPOSITIVE POWER
None
——————————————————–
8 SHARED DISPOSITIVE POWER
626,414 common stock
——————————————————————————–
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
626,414 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
5.1% common stock
——————————————————————————–
12 TYPE OF REPORTING PERSON *
CO
================================================================================
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 7 of 10 – SEC Filing
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
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 7 of 12
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Page 8 of 10 – SEC Filing
ITEM 4. OWNERSHIP:
DELTA PARTNERS LP *
(a) Amount Beneficially Owned: 888,544 common stock
——————————————-
(b) Percent of Class: 7.2% 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: 888,544 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: 888,544
common stock
———
Delta Partners GP, LLC *
(a) Amount Beneficially Owned: 888,544 common stock
——————————————-
(b) Percent of Class: 7.2% 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: 888,544 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: 888,544
common stock
———
Page 8 of 12
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Page 9 of 10 – SEC Filing
CHARLES JOBSON *
(a) Amount Beneficially Owned: 888,544 common stock
——————————————-
(b) Percent of Class: 7.2% 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: 888,544 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: 888,544
common stock
———
PRISM PARTNERS, L.P. *
(a) Amount Beneficially Owned: 626,414 common stock
——————————————-
(b) Percent of Class: 5.1% common stock
—————————————————-
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 626,414 common stock
———————–
(ii) shared power to vote or to direct the vote: None
———————
(iii)sole power to dispose or to direct the disposition of: 626,414
common stock
————
(iv)shared power to dispose or to direct the disposition of: None
———
DELTA ADVISORS, LLC *
(a) Amount Beneficially Owned: 626,414 common stock
——————————————-
(b) Percent of Class: 5.1% 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: 626,414 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: 626,414
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 9 of 12
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Page 10 of 10 – SEC Filing
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 10 of 12
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: August 24, 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
Page 11 of 12
