<SUBMISSION>
<ACCESSION-NUMBER>0001079973-10-000559
<TYPE>8-K/A
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<PERIOD>20100323
<ITEMS>1.01
<FILING-DATE>20100506
<DATE-OF-FILING-DATE-CHANGE>20100506
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>PepperBall Technologies, Inc.
<CIK>0001216199
<ASSIGNED-SIC>3480
<IRS-NUMBER>201978398
<STATE-OF-INCORPORATION>CO
<FISCAL-YEAR-END>1231
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<ACT>34
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<BUSINESS-ADDRESS>
<STREET1>6142 NANCY RIDGE DRIVE
<STREET2>SUITE 101
<CITY>SAN DIEGO
<STATE>CA
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<PHONE>858-638-0236
</BUSINESS-ADDRESS>
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<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>pbal_8ka.htm
<DESCRIPTION>FORM 8-K AMENDMENT NO 1
<TEXT>
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REPORT</font></div>
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to Section&#160;13 or 15(d)&#160;of the</font></div>
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Exchange Act of 1934</font></div>
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of Report (Date of earliest event reported):&#160;March
23,&#160;2010</font></div>
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    <div>&#160;</div>
    <div>&#160;</div>
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1.01&#160;&#160;&#160;Entry into a Material Definitive Agreement</font></div>
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in the Current Report on Form 8-K of PepperBall Technologies, Inc., a Colorado
corporation (the &#8220;Company&#8221;) dated March 23, 2010 (the &#8220;Initial 8-K&#8221;), on March
23, 2010 the Company entered into a Securities Purchase Agreement (the
&#8220;Securities Purchase Agreement&#8221;) with investors for the private placement of
Convertible Promissory Notes (the &#8220;Notes&#8221;) having a principal amount of
$255,000.</font></div>
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purpose of this amendment to the Initial 8-K is to disclose that on May 5, 2010,
the Company completed a subsequent closing pursuant to the Securities Purchase
Agreement with a two investors for the private placement of&#160;&#160;Notes
having a principal amount of $50,000.&#160;&#160;The terms of the Notes are
described in the Initial 8-K.&#160;&#160;Richard A Collato, a member of the
Company&#8217;s Board of Directors, was paid a fee of $1,500 for his efforts in
connection with the sale of the Notes in the subsequent
closing.</font></div><br>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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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.</font></div>
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