Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 6, 2008, the shareholders of Scott's Liquid Gold-Inc. approved an amendment to the Company's 2005 Stock Incentive Plan. The amendment increases the number of shares of common stock under the 2005 Plan to 1,500,000 shares of common stock, less the number of shares issued after the effective date of the amendment as a result of the exercise of options under the 1997 Stock Option Plan and the 1998 Stock Option Plan. Prior to the amendment, the number of shares available under the 2005 Plan was 600,000 shares of common stock without any subtraction for exercises of stock options under other plans. The amendment was effective on May 6, 2008 upon shareholder approval. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SCOTT'S LIQUID GOLD-INC. (Registrant) Date: May 9, 2008 /s/ Jeffry B. Johnson ---------------------------- By: Jeffry B. Johnson Chief Financial Officer and Treasurer </TEXT> </DOCUMENT>