UNITED STATES

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): July 213, 2009

PREMIER WEALTH MANAGEMENT, INC.

(Exact name of Registrant as specified in its charter)

Delaware	333-104631	43-1988542
(State or incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

5 Them. Dervis Street, 3rd Floor, CY-1066 Nicosia, Cyprus

(Address of principal executive offices)

011-352 2630 1540

(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 5.02 Departure of ~~101~~Directors ~~Entry~~or ~~into~~Principal aOfficers; ~~Material~~Election ~~Definitive~~of ~~Agreement~~Directors; Appointment of Principal Officers.

~~and~~Premier Wealth Management, Inc., Delaware corporation (the “Company”) has appointed Lindsay Held to serve as a member of the Company’s Board of Directors, effective July 13, 2009.

~~Item~~Mr. 1Held, age 43, is currently the Chief Executive Officer of Life Policy Traders, Inc.02, which ~~Termination~~is a licensed life settlement provider with offices in New Jersey, which position he has held since April of 2008. Prior to joining Life Policy Traders, Inc., and since February of 2007, Mr. Held was employed by the Cantor LifeMarkets division of financial services leader, Cantor Fitzgerald, L.P., where he was a ~~Material~~Vice ~~Definitive~~President ~~Agreement~~of Business Affairs and an Assistant General Counsel. Prior to February 2007, Mr. Held was a transactional attorney and small business entrepreneur.

~~Amendment~~Mr. Held holds an M.B.A. in finance from The Wharton School of ~~Term~~The ~~Sheet~~University of Pennsylvania (’01) and obtained a J.D. from Columbia University School of Law (’91), where he was a Harlan Fiske Stone Scholar. He received his B.A. degree from Dartmouth College, where he was Phi Beta Kappa and graduated Magna Cum Laude.

Effective as of July 2, 2009, Premier Wealth Management, Inc., a Delaware corporation (the “Company”), entered into a Termination and Release Agreement (the “Termination Agreement”) with Transworld Investment Group PLC, a Cayman Island corporation (“Transworld”), pursuant to which, among other things, the Company terminated the acquisition of the acquisition of the Company by Transworld (the “Transworld Acquisition”) as contemplated by the Amended and Restated Confidential Term Sheet, entered into among the parties as of May 4, 2009 (the “Amended Term Sheet”).

Among other terms, the Termination Agreement provided for the termination of the Amended term Sheet and related Transworld Acquisition, and further provided for the mutual release by the parties of one another and permitting each party to keep any consideration or reimbursements paid to one another prior to termination. Additionally, Mr. Michael Abraham, an officer appointed by Transworld to facilitate the Transworld Acquisition, resigned as an officer of the Corporation.

The foregoing is a summary only of the Termination Agreement, as annexed to this Report, the provisions of which are incorporated by reference herein in its entirety.

5.02. Departure of Directors or Certain officers; Election of Directors; Appointment of CertainOfficers; Compensatory Arrangements of Certain Officers.

Pursuant to the terms of the Termination Agreement, Mr. Michael Abraham resigned as Chief Operating Officer of the Company. The resignation was not as a result of any form of dispute with the company or its management.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. None.

The following exhibits are filed with this report:

Exhibit Number		Description
10.1		Termination Agreement Between Premier Wealth Management, Inc. and Transworld Investment Group PLC.

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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, thereunto duly authorized.

Dated: July 9, 2009	PREMIER WEALTH MANAGEMENT, INC.
Dated: July 16, 2009	PREMIER WEALTH MANAGEMENT, INC.
	(Registrant)
	By:	/s/ Nigel Gregg
	By: /s/ Nigel Gregg
	Nigel Gregg	~~Nigel Gregg~~
	Chief Executive Officer	~~Chief Executive Officer~~

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Exhibit Number		Description
10.1		Termination Agreement Between Premier Wealth Management, Inc. and Transworld Investment Group PLC.

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