UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

current report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

June 1628, 2006

Atmospheric Glow Technologies, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State of Incorporation)

333-11591

(Commission File Number

62-1647888

(IRS Employer
Identification Number)

_____________________________________

924 Corridor Park Blvd
Knoxville, Tennessee 37932-3723
(865) 777-3776

(Address, zip code and telephone number of principal executive offices)

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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

information to be included in the report

Section 1 - Registrant's Business and Operations

Item 1.01 Entry into a Material Definitive Agreement

See disclosure with respect to loan made by W. Scott McDonald, Chief Executive Officer, below.

Section 2 - Financial Information

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On June 1628, 2006 ~~William D~~W. ~~Russell~~Scott ~~loaned~~McDonald, Chief Executive Officer of Atmospheric Glow Technologies, Inc. ("AGT"), loaned AGT $9675,000. The principal is payable on ~~August~~or ~~14,~~before ~~2006~~October ~~in restricted Common Shares of AGT~~28, ~~the price per share of which is calculated as described below~~2006. The note provides for interest at a rate of 10% per annum. At ~~with~~the ~~interest~~option ~~payable~~of inthe ~~cash~~lender, ~~also~~amounts onowed ~~August~~by ~~14,~~AGT ~~2006. The~~may ~~principal will~~ be converted into Common Shares of the Company at the lowest price that shares were sold by AGT in any private placement during the term of the loan, but in no event at a price greater than $0.12 per share. The ~~holder~~lender is also is entitled to receive ~~warrants to purchase the number of Common Shares of AGT equal to 20% of an accumulated purchase of 1~~25,000~~,000~~ Common Shares ~~at a price~~ of ~~$0.12~~the ~~per~~Company ~~share~~as ~~for~~an ainducement ~~period~~to ofmake ~~two~~the ~~years~~loan.

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

Atmospheric Glow Technologies, Inc.

Date: ~~June~~July 215, 2006 By: /s/ ~~Kimbely~~W. ~~Kelly-Wintenberg Kimberly~~Scott ~~Kelly-Wintenberg President~~McDonald

W. Scott McDonald
Chief Executive Officer

Filing Compare · ATMOSPHERIC GLOW TECHNOLOGIES INC