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): September 29, 2008
Date of Report (Date of earliest event reported): December 19, 2008
INTERNATIONAL POWER GROUP, LTD.
(Exact name of registrant as specified in its charter)
Delaware				000-51449			20-1686022
(State or other jurisdiction of incorporation)			(Commission file number)				(IRS Employer Identification No.)
950 Celebration Blvd., Suite A, Celebration, FL.					34747
(Address of principal executive offices)						(Zip Code)
	Registrants’ telephone number including area code: (407) 566-0318
		Not Applicable
(Former Name or Former Address, if Changed Since Last Report)


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 DIRECTORS OR ~~PRINCIPAL~~CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

~~APPOINTMENT~~On OFDecember ~~PRINCIPAL~~19, ~~OFFICERS~~2008, the Board of Directors of International Power Group, Ltd. (the “Company”) accepted the resignation of Peter Toscano as Chief Executive Officer of the Company and the Chairman of its Board of Directors. Mr. Toscano, a principal shareholder of the Company, will remain as a director and the Company’s Secretary, Treasurer and Chief Financial Officer. In connection with this, also on December 19, 2008, the Board appointed current director Doctor Daniel Conte to act as its Chairman and current President/Chief Operating Officer John Benvengo to the position of Chief Executive Officer in addition to his Chief Operating Officer and the Presidency positions.

OnAlso, ~~September 29~~on December 23, 2008, ~~Michael~~Mr. ~~“Jack”~~Anthony ~~Kugler~~Varbero tendered his resignation as amember ~~Director~~of the Board of Directors of International Power Group, Ltd. (the “Company”)~~, effective September 29, 2008~~. Also on September 29, 2008, the Board of Directors of the Company (the “Board”) accepted Mr. Kugler’s resignation. There was no compensation or reimbursement of expenses due Mr. Kugler in his capacity as a director of the Company at the time of his resignation.

~~The~~There ~~Board~~have ~~has~~been ~~not~~no ~~determined~~changes ifto itany ~~will~~compensatory ~~seek~~arrangements toas ~~fill~~a ~~the~~result ~~vacancy~~of ~~created~~the byaforementioned ~~this~~resignations ~~resignation~~and/or appointments.

~~A copy of his signed letter of resignation is attached to this Current Report on Form 8-K as Exhibit 99.1.~~SIGNATURES

~~Item~~Pursuant ~~9.01~~to –the ~~FINANCIAL~~requirements ~~STATEMENTS~~of ~~AND~~the ~~EXHIBITS~~Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

(d) Exhibits.


	INTERNATIONAL POWER GROUP, LTD.


Date: Tuesday, December 23, 2008	By: /s/ *John Benvengo*
	John Benvengo
	President, Chief Operating Officer and Chief Executive Officer

The following exhibits are furnished as part of this Report:

Exhibit Number	Description
99.1	Kugler’s Resignation Letter

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.

	INTERNATIONAL POWER GROUP, LTD.
Date: September 30, 2008	By: /s/ Woody Crouch
	Woody Crouch
	Chief Executive Officer

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