UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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):  October 3, 2007


                            AMERICAN AMMUNITION, INC.
          -------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


Nevada                                0-32379                    91-2021594
------------------------------   ------------------      ----------------------
(State or other jurisdiction of   (Commission             (I.R.S. Employer
 Incorporation or organization)         File Number)         Identification No.)


3545 NW 71st Street
Miami, FL 33147                                                    33147
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(Address of Principal Executive Office)                       (Zip Code)


                                 (305) 835-7400
                         -------------------------------
                          (Issuer's Telephone Number)



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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
     CFR230.425)

[_]  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))






Item 3.02 Unregistered Sales of Equity Securities

American Ammunition, Inc. is referred to herein as "we", "our" or "us.

     On October 3, 2007, in accordance with Nevada state law and our bylaws, our
Board of  Directors  unanimously  approved a resolution  to issue the  following
shares of our restricted stock to the following persons in exchange for services
that they  rendered to us: (a)  8,000,000  shares to our  Chairman of the Board,
J.A.  Fernandez,  Sr.; (b)  4,000,000  shares to our  President/Chief  Executive
Officer/Director,  Andres  F.  Fernandez;  (c)  4,000,000  shares  to  our  Vice
President of  Operations/Director,  Emilio Jara; and (d) 4,000,000 shares to our
Director, Maria A. Fernandez.

     In connection  with the above  issuances,  we relied on the exemption  from
registration provided by Section 4(2) and 4(6) of the Securities Act of 1933, as
amended.  We believed that Section 4(2) was available  because the issuances did
not involve a public  offering.  We did not engage in any public  advertising or
general solicitation in connection with the transaction. No underwriter was used
in the  transaction.  The stock issuances were all made to accredited  investors
who as our officers and directors  have access to our financial,  business,  and
corporate information.



                                   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 thereunto duly authorized.


                            American Ammunition, Inc.


Date:  October 30, 2007      By:  /s/ Andres F. Fernandez
                                -------------------------------
                                Andres F. Fernandez
                                Chief Executive Officer and
                                Chief Financial Officer