Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Summit Investment Management LLC
2. Date of Event Requiring Statement (Month/Day/Year)
10/17/2003
3. Issuer Name and Ticker or Trading Symbol
NOBLE ROMANS INC [NROM.OB]
(Last)
(First)
(Middle)
1700 LINCOLN STREET, SUITE 2150
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DENVER, CO 80203
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, no par value 3,214,748
I (1)
See footnote 1

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock (Preferred Stock)   (2)   (2) Common Stock 1,643,092 $ 0 (3) I (1) See footnote 1
Common Stock Warrants (rights to buy) 08/23/1998 12/31/2005 Common Stock 385,000 $ 0.01 I (1) See footnote 1

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Summit Investment Management LLC
1700 LINCOLN STREET
SUITE 2150
DENVER, CO 80203
    X    

Signatures

/s/ Robert A. Ekback, on behalf of Summit Investment Management LLC 06/26/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The shares of Common Stock and derivative securities to which this note relates are held indirectly by Summit Investment Management LLC ("Summit Investment") in its capacity as one of the members of SummitBridge National Investments LLC ("SummitBridge LLC"). The shares of Common Stock and derivative securities to which this note relates are owned directly by SummitBridge LLC. As a result, Summit Investment may be deemed to have beneficial ownership of these securities for purposes of Section 16. Summit Investment expressly disclaims beneficial ownership of any of these securities in which it does not have a pecuniary interest.
(2) Series A Convertible Preferred Stock is convertible into Common Stock at any time. There is no expiration date.
(3) The Issuer's Articles of Amendment of the Articles of Incorporation provide that the conversion price is calculated by multiplying each share of Preferred Stock by $1.00 and dividing by $3.00. The shares of Preferred Stock are also subject to antidilution protection. SummitBridge LLC directly holds 4,929,275 shares of the Issuer's Preferred Stock.

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