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~~August 3124, 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~~353 87611 6509 (Registrant’s ~~2630~~telephone ~~1540~~number, including area code)

(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 14.01 ~~Entry~~ ~~into~~Changes ain ~~Material Definitive~~Registrant’s ~~Agreement~~Certifying Accountant.

On ~~July~~August 3124, 2009, ~~Premier~~Malone ~~Wealth Management,~~& ~~Inc.~~Bailey, PC (the “~~Company~~Former Accountant”), ~~executed and delivered a Stock Purchase~~the ~~Agreement~~independent ~~(the~~registered ~~“Purchase~~public ~~Agreement”)~~accounting ~~for~~firm ~~the~~of ~~acquisition~~Premier byWealth ~~Shapaya Corp~~Management, Inc., a ~~Panama~~ Delaware corporation (the ~~“Purchaser~~Company”), ofwas adismissed 50by the Company.1% On ~~equity~~August ~~stake~~24, in2009, the Company~~’s wholly~~ ~~owned~~engaged ~~operating~~Zwick ~~subsidiary~~& Steinberger, ~~Master Trust, S~~P.AL.L.C. (the “~~Master~~New ~~Trust~~Accountant”)~~. Pursuant~~ toas ~~the~~its ~~terms~~independent ofregistered ~~the~~public ~~Purchase Agreement, the~~accounting ~~Purchaser~~firm. Our ~~shall~~decision ~~pay~~ to ~~the~~engage ~~Company cash in~~ the ~~aggregate~~New ~~amount~~Accountant ofwas ~~$1,500,000~~approved ~~in three~~by ~~equal installments commencing~~ the Board ~~initial closing date~~ of ~~the transaction. The~~Directors ~~closing~~ of the ~~transaction~~Company ison ~~subject~~August to24, ~~the conditions~~2009 ~~set~~based ~~forth~~on in the ~~Purchase Agreement, including, among other things, approval by the Company~~Board’s ~~shareholders and receipt of Swiss Market Supervisory~~ ~~Authority~~decision ~~(FINMA) approval of the change of ownership control; receipt of a fairness opinion, and effectiveness of an Information Statement and any other filings required~~ to bereduce ~~made with~~ the ~~Securities~~expenses ~~Exchange Commission (“SEC”) or the Swiss banking authorities. Consummation~~ of ~~the~~completing ~~transaction, subject to satisfaction of~~ the ~~closing conditions set forth in the Purchase Agreement, is anticipated to occur on or before October 30, 2009 and is also dependant on, among other things, the~~ Company’s ~~becoming~~audited ~~current with its~~financial ~~reporting obligations~~statements.

The reports ~~sale~~of the Former Accountant on the financial statements for the Company for each of athe ~~50.1%~~two ~~interest~~most recent fiscal years ending December 31, 2006 and 2005 did not contain an adverse opinion or disclaimer of ~~Mater~~opinion and was not qualified or ~~Trust,~~modified ifas ~~completed~~to uncertainty, ~~would~~audit ~~result~~scope inor aaccounting ~~change~~principles offor ~~control~~the intwo most ~~Master~~recent ~~Trust~~fiscal years and all subsequent interim periods, aexcept that the ~~sale~~Former ofAccountant's ~~substantially~~opinion ~~all~~in ofits report on the ~~assets~~Company's offinancial statements expressed substantial doubt with respect to the Company's ability to continue as a going concern for the last two fiscal years.

~~Pursuant~~During the toCompany's ~~the~~two ~~Purchase~~most ~~Agreement,~~recent fiscal years and the subsequent interim periods ~~parties~~through ~~shall~~the ~~use~~date ~~its~~of ~~best~~dismissal, ~~efforts~~there towere ~~obtain~~no ~~all~~disagreements, ~~required~~other ~~consents~~than ~~and~~the ~~approvals~~one ~~required~~below, towith ~~consummate~~ the ~~transaction;~~Former ~~however,~~Accountant noon ~~assurance~~any ~~can~~matters beof ~~made~~accounting ~~that~~principles or ~~the~~practices, ~~transaction~~financial ~~will~~statement bedisclosure ~~completed~~or auditing scope or procedure, ~~that~~which, if not resolved to the ~~Company~~satisfaction ~~will~~of ~~obtain~~the ~~all~~Former ~~necessary~~Accountant, would have caused ~~approvals~~it orto bemake ~~able~~reference to ~~satisfy~~the ~~all~~subject matter of ~~its~~the ~~filing~~disagreements ~~requirements~~in connection with ~~the SEC~~its reports on these financial statements for those periods.

~~The~~On ~~foregoing~~the date isof adismissal ~~summary~~our ~~only~~Former ofAccountant ~~the~~informed us that in their opinion there ~~Purchase~~exists ~~Agreement,~~an aaudit ~~copy~~scope limitation related to the completion of ~~which~~the is2007 ~~filed~~audit ~~herewith~~due to asthe anCompany’s ~~Exhibit~~inability to ~~this~~provide satisfactory documentary evidence to ~~report,~~confirm any information on the ~~provisions~~books and records of the Company’s Master Finance subsidiary, which ~~are~~the ~~incorporated~~Company byowned ~~reference herein~~through October 4, 2007.

The Company did not consult with the New Accountant regarding the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and no written or oral advice was provided by the New Accountant that was a factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issues.

The Company has requested that the Former Accountant furnish it with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. The requested letter is attached as Exhibit 16.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits.

~~The~~Exhibit ~~following~~16.1 ~~exhibits~~– ~~are~~Correspondence ~~filed~~from ~~with~~Malone ~~this~~& ~~report:~~Bailey P.C., dated August 24, 2009

Exhibit Number	Description
10.1	Stock Purchase Agreement by and among Premier Wealth Management, Inc., Master Trust S.A. and Shapaya Corp. dated as of July 31, 2009.

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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 31, 2009	PREMIER WEALTH MANAGEMENT, INC.
Dated: August 24, 2009	PREMIER WEALTH MANAGEMENT, INC. (Registrant)
	(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	Stock Purchase Agreement by and among Premier Wealth Management, Inc., Master Trust S.A. and Shapaya Corp. dated as of July 31, 2009.

Exhibits to Current Report on Form 8-K of Premier Wealth Management, Inc.

Exhibits

16.1 Correspondence from Malone & Bailey P.C.

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