<SUBMISSION>
<ACCESSION-NUMBER>0001079973-09-000393
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20090422
<FILING-DATE>20090424
<DATE-OF-FILING-DATE-CHANGE>20090424
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>NASH JEFFREY M
<CIK>0001186918
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-32566
<FILM-NUMBER>09770879
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>3790 VIA DE LA VALLE
<STREET2>SUITE 311
<CITY>DEL MAR
<STATE>CA
<ZIP>92014
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>PepperBall Technologies, Inc.
<CIK>0001216199
<ASSIGNED-SIC>3480
<IRS-NUMBER>201978398
<STATE-OF-INCORPORATION>CO
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>6142 NANCY RIDGE DRIVE
<STREET2>SUITE 101
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92121
<PHONE>858-638-0236
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>6142 NANCY RIDGE DRIVE
<STREET2>SUITE 101
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92121
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Security With Advanced Technology, Inc.
<DATE-CHANGED>20061010
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>A4S SECURITY, INC.
<DATE-CHANGED>20050602
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>A4S TECHNOLOGIES INC
<DATE-CHANGED>20030128
</FORMER-COMPANY>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>pbal_nash4ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-04-22</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001216199</issuerCik>
        <issuerName>PepperBall Technologies, Inc.</issuerName>
        <issuerTradingSymbol>PBAL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001186918</rptOwnerCik>
            <rptOwnerName>NASH JEFFREY M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PEPPERBALL TECHNOLOGIES INC</rptOwnerStreet1>
            <rptOwnerStreet2>6142 NANCY RIDGE DRIVE SUITE 101</rptOwnerStreet2>
            <rptOwnerCity>SAN DIEGO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92121</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Convertible Promissory Note</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>.10</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2009-04-22</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>50000</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>50000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>See note</value>
                    <footnoteId id="F1"/>
                </underlyingSecurityTitle>
                <underlyingSecurityValue>
                    <footnoteId id="F1"/>
                </underlyingSecurityValue>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>50000</value>
                </valueOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By The Nash Family Trust dtd 3/18/80</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Convertible Promissory Note</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>.10</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2009-04-22</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>234327</value>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>234327</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>See note</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityTitle>
                <underlyingSecurityValue>
                    <footnoteId id="F3"/>
                </underlyingSecurityValue>
            </underlyingSecurity>
            <postTransactionAmounts>
                <valueOwnedFollowingTransaction>
                    <value>234327</value>
                </valueOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By The Nash Family Trust dtd 3/18/80</value>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The note has a principal amount of $50,000, bears interest at the rate of 10% per annum and matures on December 31, 2010.
 The reporting person has the right from time to time to convert all or any portion of the indebtedness owning under the note
 into shares of issuer's common stock or non-voting Series C Preferred Stock at a conversion price of $0.10 per share.</footnote>
        <footnote id="F2">The note was obtained in a transaction under Section 3(a)(9) of the Securities Act in exchange for a note that had a
 principal balance of $215,000 and $19,327 in accrued interest (the &quot;Original Note&quot;) at the time of the exchange.  The
 Original Note matured on December 19, 2009.  The reporting person had the right to convert all or any portion of the
 indebtedness owing under the Original Note into shares of the issuer's common stock at a conversion price equal to the
 average closing price of the issuer's common stock on the Nasdaq Capital Market (or such other exchange or quotation service
 on which the issuer's common stock is listed or quoted at such time, as the case may be) for the six-month period ended on
 the trading day immediately prior to the date the reporting person requested such conversion.</footnote>
        <footnote id="F3">The note has a principal amount of $234,327, bears interest at the rate of 10% per annum and matures on December 31, 2010.
 The reporting person has the right from time to time to convert all or any portion of the indebtedness owning under the note
 into shares of issuer's common stock or non-voting Series C Preferred Stock at a conversion price of $0.10 per share.</footnote>
        <footnote id="F4">The reporting person is the Trustee of the Nash Family Trust dtd 3/18/80.  The reporting person disclaims beneficial
 ownership of these securities, except to the extent of his pecuniary interest in the named entity, and the inclusion of
 these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities
 for purposes of Section 16 or any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jeffrey M. Nash</signatureName>
        <signatureDate>2009-04-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
