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Good Times Restaurants Inc announces conversion of series C preferred stock to common stock

Thursday, 3 Apr 2014 11:00am EDT 

Good Times Restaurants Inc:Small Island Investments Limited converted all 355,451 shares of Company's Series C Convertible Preferred Stock, into 710,902 shares of Company's common stock.Company also said together with exercise of about 823,000 of outstanding B warrants for purchase of 411,500 common shares to date, it has received about $1,000,000 of proceeds.There is about additional $2,100,000 of B Warrant proceeds available if fully exercised prior to their expiration in May. 

Company Quote

26 Dec 2014