-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QLR+QlTc7SWDcV9++cSSvEiUPKDzqqLVWE7dtrsO8Xa/GkeL57G8lRlEX80DCjzd
 u808YTtUKxofgNyJZm8jzg==

<SEC-DOCUMENT>0001179110-04-001625.txt : 20040122
<SEC-HEADER>0001179110-04-001625.hdr.sgml : 20040122
<ACCEPTANCE-DATETIME>20040122212238
ACCESSION NUMBER:		0001179110-04-001625
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040122
FILED AS OF DATE:		20040122

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DELK ROBERT E
		CENTRAL INDEX KEY:			0001277170

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16401
		FILM NUMBER:		04538970

	BUSINESS ADDRESS:	
		STREET 1:		4040 GRASSMERE LANE
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75205

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADVANCED MATERIALS GROUP INC
		CENTRAL INDEX KEY:			0000806514
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS FOAM PRODUCTS [3086]
		IRS NUMBER:				330215295
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		20211 SOUTH SUSANA RD
		CITY:			RANCHO DOMINQUEZ
		STATE:			CA
		ZIP:			90221
		BUSINESS PHONE:		3105375444

	MAIL ADDRESS:	
		STREET 1:		20211 SOUTH SUSANA RD
		CITY:			RANCHO DOMINGUEZ
		STATE:			CA
		ZIP:			90221

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FAR WEST VENTURES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2004-01-22</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000806514</issuerCik>
        <issuerName>ADVANCED MATERIALS GROUP INC</issuerName>
        <issuerTradingSymbol>ADMG.OB</issuerTradingSymbol>
</issuer>
<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001277170</rptOwnerCik>
            <rptOwnerName>DELK ROBERT E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4040 GRASSMERE LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75205</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>1</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>CEO</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value>
</securityTitle>
<transactionDate><value>2004-01-22</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>P</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>406505</value>
</transactionShares>
<transactionPricePerShare><value>0.41</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>1220805</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>I</value>
</directOrIndirectOwnership>
<natureOfOwnership><value>Owned by Delk Partners of which Mr. Delk is General Partner</value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
</nonDerivativeTable>
<derivativeTable></derivativeTable>
<footnotes></footnotes>
<ownerSignature><signatureName>Robert E. Delk by Gayle Arnold</signatureName>
<signatureDate>2004-01-22</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----