UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 8-K/A
                                 AMENDMENT NO. 1

                                 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 29, 2006

                         ADVANCED MATERIALS GROUP, INC.
             (Exact name of registrant as specified in its charter)

           NEVADA                     0-16401                     33-0215295
(State or other jurisdiction       (Commission                  (IRS Employer
       of incorporation)           File Number)              Identification No.)

 3303 LEE PARKWAY, SUITE 105, DALLAS, TEXAS                          75219
(Address of principal executive offices)                           (Zip Code)

       Registrant's telephone number, including area code: (682) 605-1000


                                 NOT APPLICABLE.
         (Former name or former address, if changed since last report.)

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):

[ ] 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))



EXPLANATORY NOTE:

This amendment amends Item 9 of the Form 8-K for Advanced Materials Group, Inc.
(the "Company") filed yesterday with the Securities and Exchange Commission to
correct an incorrect reference to the Company's fiscal year-end and make other
minor corrections.


ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

Exhibit.

EXHIBIT           DESCRIPTION
----------------  --------------------------------------------------------------
99.1              News release reporting Financial Results for the Year ended
                  November 30, 2005, issued by Advanced Materials Group, Inc. on
                  June 29, 2006.

All of the information furnished in Items 2.02, 7.01 and 9.01 of this report and
the accompanying exhibit shall not be deemed to be "filed" for the purposes of
Section 18 of the Securities and Exchange Act of 1934, as amended, and shall not
be incorporated by reference in any filing under the Securities Act of 1933, as
amended.

CAUTIONARY NOTICE

Statements in this report which are purely historical facts or which necessarily
depend upon future events, including statements about forecasted financial
performance or other statements about anticipations, beliefs, expectations,
hopes, intentions or strategies for the future, may be forward-looking
statements within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended. Readers are cautioned not to place undue reliance on
forward-looking statements. All forward-looking statements are based upon
information available to Advanced Materials Group, Inc. on the date this report
was submitted. Advanced Materials Group, Inc. undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. Any forward-looking statements
involve risks and uncertainties that could cause actual events or results to
differ materially from the events or results described in the forward-looking
statements. Advanced Materials Group, Inc. may not succeed in addressing these
and other risks. Further information regarding factors that could affect our
financial and other results can be found in the risk factors section of Advanced
Materials Group, Inc.'s most recent filing of Form 10-K with the Securities and
Exchange Commission.

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SIGNATURE

         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.


Date: July 7, 2006                 ADVANCED MATERIALS GROUP, INC.


                                   By:          /s/ WILLIAM G. MORTENSEN
                                         --------------------------------------
                                                  William G. Mortensen
                                         President and Chief Financial Officer


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