<SUBMISSION>
<ACCESSION-NUMBER>0001415889-12-000059
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20120109
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20120117
<DATE-OF-FILING-DATE-CHANGE>20120117
<FILER>
<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>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-32566
<FILM-NUMBER>12528133
</FILING-VALUES>
<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>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k-01172012_050110.htm
<TEXT>
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<div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; font-size: 10pt; FONT-FAMILY: Times New Roman">UNITED STATES</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; font-size: 10pt; FONT-FAMILY: Times New Roman">CURRENT REPORT</font></div>
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<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman;">Date of report (Date of earliest event reported): &nbsp;</font><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman; TEXT-DECORATION: underline">January 9, 2012</font>
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<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">Commission File Number: &nbsp;</font><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman; TEXT-DECORATION: underline">001-32566 </font>
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	<font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Pepperball Technologies, Inc.</font><br><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">(Exact name of small business issuer as specified in its charter)</font>
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			<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: times new roman; TEXT-DECORATION: underline">20-1978398</font><br><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: times new roman">(IRS Employer Identification No.)</font>
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	<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: times new roman; TEXT-DECORATION: underline">6142 Nancy Ridge Drive, Suite 101, San Diego, California 92121</font><br><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">(Address of principal executive offices)</font>
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	<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: times new roman; TEXT-DECORATION: underline">858-638-0236</font><br><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">(Registrant's Telephone number)</font>
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	<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman;  TEXT-DECORATION: underline">Not Applicable</font><br><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">(Former Name or Former Address, if Changed Since Last Report)</font>
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	<font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; text-align:left;"><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt;text-align:left;"><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt;text-align:left;"><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></div>
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt;text-align:left;"><font style="DISPLAY: inline; font-size: 10pt; FONT-FAMILY: Times New Roman">[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div>

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<div class="left" style="text-align:left;"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"><b>Item 8.01 Other Events.</b></font></div>

<p align="left" style="clear:both;"><font style="display: inline; font-size: 10pt; font-family: Times New Roman;text-align:left;">Effective as of January 9, 2012, the Company's tangible and intangible assets were sold in a public auction following foreclosure by the Company's secured lender.  As a result of this foreclosure and sale of its tangible and intangible assets, the Company has ceased operations and is terminating its activities.  A copy of the published Notice of Public Sale for foreclosure sale on January 9, 2012 is attached hereto as Exhibit 99.1.<br></font></p>

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<div class="left" style="text-align:left;"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"><b>Item 9.01 Financial Statements and Exhibits.</b></font></div>

<p align="left" style="clear:both;"><font style="display: inline; font-size: 10pt; font-family: Times New Roman;text-align:left;">See Exhibit Index.</font></p>


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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt;" align="center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;">SIGNATURES </font></div>
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<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify;" align="justify"><font style="display: inline; font-size: 10pt; font-family: Times New Roman;">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. </font></div>
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       				<font style="font-size: 10pt; font-family: Times New Roman;FONT-WEIGHT: bold;">Pepperball Technologies, Inc.</font>
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        <div style="float:left; width:49%; text-align:left;"><font style="font-size: 10pt; font-family: Times New Roman;">Date:&nbsp;&nbsp; <i>January 17, 2012</i></font></div>
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<td width="30" rowspan="4" valign="top"><font style="font-size: 10pt; font-family: Times New Roman;">By:</font></td>
                    <td nowrap align="left"><font style="font-size: 10pt; font-family: Times New Roman;">/s/ Christin Lewis</font></td>
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<td nowrap align="left"><font style="font-size: 10pt; font-family: Times New Roman;"><i>Name: Christin Lewis</i></font></td>
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<td align="left"><font style="font-size: 10pt; font-family: Times New Roman;"><i>Title: Chief Financial Officer</i></font></td>
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<div align="center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;">Exhibit Index</font></div>
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				<div align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"><b>Exhibit&nbsp;No.</b></font></div>
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				<font size="2">&nbsp;&nbsp;</font>
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				<div><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: Times New Roman;"><b>Description</b></font></div>
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				<font size="2">&nbsp;&nbsp;</font>
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				<div><font style="display: inline;font-size: 10pt; font-family: Times New Roman;">Published Notice of Public Sale for foreclosure sale on January 9, 2012</font></div>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>ex99-01172012_050111.htm
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<p style="margin:0px" align="justify">NOTICE OF PUBLIC SALE. &nbsp;NOTICE IS HEREBY GIVEN that on &nbsp;Monday, January 9th, 2012, at 10:00 a.m. (the <font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Date of Sale<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>) at the offices of PepperBall Technologies, Inc., 6142 Nancy Ridge Drive, San Diego,, California, Phoenix International, LLC, as secured party (<font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Secured Party<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>) will hold a public auction to sell all of the tangible and intangible property of PepperBall Technologies, Inc. and PepperBall Technologies <font style="font-family:Arial Unicode MS,Times New Roman">&ndash;</font> CA, Inc. (collectively, the <font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Assets<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>), by virtue of Debtor<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s default in certain Loan Agreements dated January 15, 2010 with Secured Party<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s predecessors in interest, The James A. Simpson Foundation, a California Non Profit Corporation and J. A. &amp; G. L. Trust dated May 18, 1988. The Secured Party or its assignee or designee reserves the right to credit bid for the Assets at the sale. The winning bidder will be required to deposit twenty-five percent (25%) of its maximum bid in cash or by certified or cashier's check with the Secured Party on the Date of Sale. The winning bidder will be required to transmit the balance of the purchase price to Secured Party within two (2) business days after the Date of Sale. Inquiries should be directed to Secured Party's counsel, Clark Hill PLC, Attn: James Drake, 150 N. Michigan Avenue, Suite 2700, Chicago Illinois 60601, telephone: 312-985-5900.</p>
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