UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

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

Date of Report (Date of earliest event reported): November 3, 2016

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ECOSPHERE TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

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Delaware	000-25663	20-3502861
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

3515 S.E Lionel Terrace, Stuart, FL 34997

(Address of Principal Executive Office) (Zip Code)

(772) 287-4846

(Registrant’s telephone number, including area code)

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))

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

On November 3, 2016, Ecosphere Technologies, Inc. (the “Company”) and Brisben Water Solutions, LLC (the “Lender”) closed on a loan arrangement, effective as of October 5, 2016, pursuant to which the Lender loaned the Company $500,000 in exchange for a 10% secured promissory note. The loan matures December 15, 2017.

The obligations under the note are secured by a security agreement between the parties. In addition to the collateral granted under prior previously disclosed security agreements between the parties, the Company extended the Lender’s security interest in the Company’s patents to all global fields of use, and granted the Lender a security interest in 57,232,278 shares of Sea of Green Systems, Inc., a Florida corporation and subsidiary of the Company, which are presently held by the Company.

Item 9.01   Financial Statements and Exhibits.  

(d) Exhibits.

Exhibit No.	Exhibit
10.1	Promissory Note, dated as of October 5, 2016
10.2	Security Agreement, dated as of October 5, 2016

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.

	ECOSPHERE TECHNOLOGIES, INC.
	By:	/s/ Dennis McGuire
		Dennis McGuire Chief Executive Officer
Date:  November 9, 2016