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) : ~~January~~February 1518, ~~2008~~ 2009

Commission File No. 000-49628

TELEPLUS WORLD, CORP.

(Exact name of registrant as specified in its charter)

Nevada		90-0045023
(State or other jurisdiction of		(IRS Employer Identification No.)
incorporation or organization)

~~6101~~4960 NW ~~Blue Lagoon~~165th ~~Drive~~Street, ~~Suite~~Unit ~~450~~B24, Miami Lakes, ~~Florida~~Fl ~~33126~~33014

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(Address of principal executive offices)

~~786~~(305) 624-~~594-3939~~5714

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(Issuer telephone number)

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(Former Name and Address)

ITEM 8 5.~~01.~~02 DEPARTURE ~~OTHER~~OF ~~EVENTS~~DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

~~TelePlus~~With an ~~World,~~effective ~~Corp.~~date ~~(“TelePlus”~~of orFebruary ~~“Company”)~~5, ~~advised~~2009, ~~shareholders~~Gordon onChow ~~December~~resigned ~~21, 2008,~~from of the Company’s ~~decision~~as Director to ~~exit~~pursue ~~the~~other ~~MVNO~~opportunities. ~~(Mobile~~There ~~Virtual~~are ~~Network Operator)~~no ~~business~~material ~~segment~~disagreements between ~~(the~~Mr. ~~"MVNO~~Chow ~~Segment")~~and ~~operated~~the byCompany ~~its Liberty Wireless~~ and ~~Maximo Impact brands~~Mr. InChow’s ~~this~~resignation ~~regard,~~was ~~effective~~voluntary. ~~January 15,~~The ~~2008, the~~ Company ~~has~~will ~~sold~~look ~~its~~at ~~wireless~~replacing ~~assets to Cozac LLC for $1~~Mr.3 ~~million~~Chow’s inposition ~~assumption of~~on ~~liabilities~~the ~~relating~~board toat ~~those~~a ~~assets. Full agreements are attached hereto~~later ~~as exhibits~~date.

~~The Company~~ITEM ~~intends to focus its efforts on its core telecommunication service~~8.01 ~~which represents~~OTHER ~~the bulk of the company’s revenues, is profitable and provides good cash flows to fund ongoing operations.~~EVENTS

~~Item~~The 9Company’s debenture number CCP-3 in the original amount of $5,850,000 and debenture number CCP-2 in the original amount of $3,375,000 (collectively the “Debentures”) issued to YA Global Investments, L.01P. ~~Financial~~(formally ~~Statements~~Cornell capital Partners LP) (“YA”) have matured December 12th, 2008 and ~~Exhibits~~remain unpaid as of today’s date. The outstanding balance (principal plus interest) under the Debentures is $8,369,416.85 as of December 31st, 2008. The Company has not received any default notice from YA and is currently in discussions with YA and other potential lenders on a possible refinance of the Debentures. There can be no assurances that a refinancing will occur or that said refinancing will be on terms acceptable to the Company.

~~(a) Not applicable~~EXHIBITS:

~~(b)~~EXHIBIT ~~Not applicable~~17 RESIGNATION LETTER OF GORDON CHOW

Exhibit		Description		Location
10.1		Asset Purchase Agreement		Provided herewith

Signatures

Pursuant to the requirement 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.

TelePlus World, Corp.

January 15, 2008		/s/ Marius Silvasan
February 18, 2009	/s/ Marius Silvasan
		-------------------------
	Marius Silvasan
		Marius Silvasan
	Chief Executive Officer
		Chief Executive Officer
February 18, 2009	/s/ Cris Neely
January 15, 2008		/s/ Cris Neely
	Cris Neely
		-------------------------
	Chief Financial Officer
		Cris Neely
		Chief Financial Officer

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