<html>
  <head>
    <title>form8_k.htm</title>
<!-- Licensed to: Semotus-->
<!-- Document Created using EDGARizer 4.0.6.4 -->
<!-- Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved -->
</head>
    <body bgcolor="#ffffff" style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;UNITED
STATES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITIES
AND EXCHANGE COMMISSION</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
D.C. 20549</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">________________</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Form&#160;&#160;8-K</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
REPORT</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to Section 13 or 15(d)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Of
the Securities Exchange Act of 1934</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date of
Report (Date of earliest event
reported):&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;April
24, 2009</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FLINT
TELECOM GROUP, INC.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">- - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - -</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
Name of Registrant as Specified in its Charter)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Nevada</font></div>
            </td>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0-21069</font></div>
            </td>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">36-3574355</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(State
      or other jurisdiction of incorporation or organization)</font></div>
            </td>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Commission
      File Number)</font></div>
            </td>
            <td valign="top" width="27%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(I.R.S.
      Employer Identification No.)</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">327 Plaza
Real, Suite 319, Boca Raton, FL 33432</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">----------------------------------------------------------------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
of Principal Executive Offices)&#160;&#160;&#160;(Zip Code)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(561)
394-2748</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">-----------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Registrant&#8217;s
Telephone Number, including area code)</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">---------------------------------------------------------------------------</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligations of the registrant
under any of the following provisions:</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Wingdings">&#168;</font><font style="DISPLAY: inline"> Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Wingdings">&#168;</font><font style="DISPLAY: inline">&#160;&#160;Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Wingdings">&#168;</font><font style="DISPLAY: inline">&#160;&#160;Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline;" face="Wingdings">&#168;</font><font style="DISPLAY: inline">&#160;&#160;Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;
</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></div>
      </div>
    </div><br>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 1.01
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">On April 24, 2009, Flint Telecom Group, Inc.
(&#8220;</font><font style="DISPLAY: inline">Flint&#8221;</font><font style="DISPLAY: inline">) entered into two amendments: 1) </font><font style="DISPLAY: inline">the First A</font><font style="DISPLAY: inline">mendment
to the </font>Agreement and Plan of Merger by and among Flint, Flint Acquisition
Corps. (A-E), each a wholly owned subsidiary of Flint, China Voice Holding Corp.
(&#8220;CHVC&#8221;), and CVC Int&#8217;l Inc., Cable and Voice Corporation, StarCom Alliance Inc,
Dial-Tone Communication Inc, Phone House Inc. (of Florida), and Phone House,
Inc. (of California), each a wholly-owned subsidiary of CHVC (and together, the
&#8220;Targets&#8221;) dated January 29, 2009 (the &#8220;Merger Agreement&#8221;), and 2) the First
Amendment to the Stock Purchase Agreement by and among Flint and CHVC dated
January 29, 2009 (the &#8220;Stock Purchase Agreement&#8221;), whereby the consideration to
be paid under these agreements is modified as follows:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
          <tr valign="top">
            <td style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
            <td style="WIDTH: 18pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.</font></div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      First Amendment to the Agreement and Plan of Merger modifies the Agreement
      and Plan of Merger such that all shares of the Targets&#8217; Common Stock are
      converted into the right to receive a cash payment, paid to CHVC, at the
      Closing Date equal to $500,000.00 and $200,000 paid on March 16,
      2009.&#160;&#160;In addition to the aforementioned amounts already paid,
      Flint shall issue to CHVC 800,000 shares ($800,000 issue price) of Series
      C preferred stock, redeemable through the following payment schedule:
      $275,000 in May of 2009, with the remaining $525,000 redeemable in five
      equal monthly installment payments of $105,000 each, starting on July 15,
      2009. Alternatively, should Flint close on new funding from a third party,
      the remaining $525,000 shall be redeemed through one lump sum payment, up
      to a maximum of twenty five percent (25%) of whatever net amount Flint
      actually receives.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Additionally,
effective March 16, 2009, the parties agreed to omit the Targets&#8217; future minimum
revenue targets and Flint&#8217;s right of offset; Flint therefore released to CHVC
the 6,300,000 shares of restricted common stock that were being held in escrow
pursuant to the Merger Agreement.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
          <tr valign="top">
            <td style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
            <td style="WIDTH: 18pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">2.</font></font></div>
            </td>
            <td>
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">The </font><font style="DISPLAY: inline">First
      Amendment to the Stock </font><font style="DISPLAY: inline">Purchas</font><font style="DISPLAY: inline">e
      Agreement modifies the Stock Purchase Agreement</font><font style="DISPLAY: inline"> such that </font>Flint shall pay to CHVC $500,000
      by no later than April 30, 2009.&#160;&#160;Additionally, Flint shall
      issue to CHVC 1,000,000 shares ($1,000,000 issue price) of Series C
      preferred stock, redeemable through the following payment schedule:
      $275,000 in May of 2009, with the remaining $725,000 redeemable in five
      equal monthly installment payments of $145,000 each, starting on July 15,
      2009. Alternatively, should Flint close on new funding from a third party,
      the remaining $725,000 shall be redeemed through one lump sum payment, up
      to a maximum of twenty five percent (25%) of whatever net amount Flint
      actually receives.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">Additi</font><font style="DISPLAY: inline">onally,
</font><font style="DISPLAY: inline">Flint and CHVC entered into a security
agreement (the &#8220;</font><font style="DISPLAY: inline">Security
Agreement&#8221;</font><font style="DISPLAY: inline">) whereby </font>the obligation
to redeem the preferred stock issued to CHVC is secured by the capital stock of
the Targets. Notwithstanding, CHVC agrees to subordinate its security interest
in the Targets to any future third party funding closed by Flint, as required by
Flint and approved by CHVC, such approval not to be unreasonably
withheld.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Flint and
CHVC also executed a First Amendment to the Promissory Note issued to CHVC on
January 29, 2009 (the &#8220;Note&#8221;), whereby Flint and CHVC agreed to add the
following language to the end of Section 2(a) of the Note:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;A
portion equal to one million dollars (USD$1,000,000) of the balance due on the
Note shall be paid by Maker [Flint] through a payment of seven hundred twenty
one thousand pound sterling (GBP&#163;721,000) on or before December 31, 2010,
regardless of whether the U.S. dollar strengthens or weakens in relation to the
GBP pound sterling during the term of the Note and whether there is therefore a
foreign currency translation gain or loss for either party.&#8221;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
foregoing descriptions of the First Amendment to the Agreement and Plan of
Merger, the First Amendment to the Stock Purchase Agreement, the First Amendment
to the Promissory Note and the Security Agreement are qualified in their
entirety by reference to the full text of those agreements, which are attached
hereto as Exhibits 2.2, 4.2, 4.3 and 4.4, respectively, and are incorporated
herein by reference<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM
2.03&#160;&#160;CREATION OF A DIRECT FINANCIAL OBLIGATION</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">The information set forth in</font> Item 1.01 above
<font style="DISPLAY: inline">is incorporated herein by reference</font> as it
relates to Flint&#8217;s obligation to pay a total of $1,500,000 to CHVC pursuant to
the Merger Agreement and $1,500,000 to CHVC pursuant to the Stock Purchase
Agreement, as secured by the capital stock of the Targets, and $7,000,000 to
CHVC pursuant to the Note.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM 3.02
UNREGISTERED SALES OF EQUITY SECURITIES</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
information set forth in Item 1.01 above is incorporated herein by reference as
it relates to the issuance of 1,800,000 shares of Series C preferred stock; the
terms and conditions of the Series C preferred stock is qualified in its
entirety by reference to the full text of the Certificate of Designation of
Series C Preferred Stock, which is attached hereto as Exhibit 3.1 and is
incorporated herein by reference<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline">We believe our offering and sale of the securities in
the above transaction, made only to </font><font style="DISPLAY: inline">an
</font><font style="DISPLAY: inline">accre</font><font style="DISPLAY: inline">dited investor</font><font style="DISPLAY: inline">,
were exempt from registration under</font><font style="DISPLAY: inline"> Section
4(2) of the Secur</font><font style="DISPLAY: inline">ities Act </font><font style="DISPLAY: inline">and Regulation D.&#160;&#160;The certificates
representing the securities issued contain a legend to the effect that such
securities were not</font><font style="DISPLAY: inline"> registered under the
Securities Act </font><font style="DISPLAY: inline">and may not be transferred
except pursuant to an effective registration statem</font><font style="DISPLAY: inline">ent or pursuant to an exemption from such</font><font style="DISPLAY: inline"> registration requirements</font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ITEM
9.&#160;&#160;FINANCIAL STATEMENTS AND EXHIBITS.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a) <font style="DISPLAY: inline; FONT-STYLE: italic">&#160;</font>Not
applicable.&#160;&#160;&#160;&#160;&#160;</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b) Not
applicable.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
          <tr valign="top">
            <td style="WIDTH: 18pt">
              <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;
      </font></div>
            </td>
            <td style="WIDTH: 36pt">
              <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-STYLE: italic">(c)</font></font></div>
            </td>
            <td>
              <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-STYLE: italic">Exhibits.</font>&#160;&#160;The
      following exhibits are filed with this
report:</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exhibit
      Number</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">--------------------</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Description</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">---------------</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.1*</font></div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
            </td>
            <td align="left" valign="top" width="40%" style="BORDER-BOTTOM: black 4px double">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Agreement
      and Plan of Merger <font style="DISPLAY: inline">dated</font> January 29,
      2009 by and <font style="DISPLAY: inline">among</font> Flint, Flint
      Acquisition Corps. (A-E), each a wholly owned subsidiary of Flint, CHVC,
      CVC Int&#8217;l Inc., Cable and Voice Corporation, StarCom Alliance Inc,
      Dial-Tone Communication Inc, Phone House Inc. (of Florida) and Phone
      House, Inc. (of California) dated January 29, 2009<font style="DISPLAY: inline; FONT-FAMILY: times new roman">.</font></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">2.2</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">First
      Amendment to the Agreement and Plan of Merger by and among Flint, Flint
      Acquisition Corps. (A-E), each a wholly owned subsidiary of Flint, CHVC,
      CVC Int&#8217;l Inc., Cable and Voice Corporation, StarCom Alliance Inc,
      Dial-Tone Communication Inc, Phone House Inc. (of Florida) and Phone
      House, Inc. (of California) dated April 24, 2009.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">3.1</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Certificate
      of Designation of Series C Preferred Stock</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.1*</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Stock
      Purchase Agreement by and among China Voice Holding Corp. and Flint
      Telecom Group, Inc. dated January 29, 2009<font style="DISPLAY: inline; FONT-FAMILY: times new roman">.</font></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.2</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">First
      Amendment to the Stock Purchase Agreement by and among China Voice Holding
      Corp. and Flint Telecom Group, Inc. dated April 24,
  2009.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.3</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">First
      Amendment to the Promissory note issued from Flint Telecom Group, Inc. to
      China Voice Holding Corp. dated March 16, 2009.</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="15%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">4.4</font></div>
            </td>
            <td align="left" valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Security
      Agreement by and among Flint Telecom Group, Inc. and China Voice Holding
      Corp. dated April 24, 2009.</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">*Incorporated
by reference to the Registrant&#8217;s SEC Form 8-K filed on February 4, 2009<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">.</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;SIGNATURES</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to the requirements of the Securities Act of 1934, the Registrant has duly
caused this Report to be signed on its behalf by the undersigned, hereunto duly
authorized.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">FLINT
      TELECOM GROUP, INC.</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:
      /s/&#160;&#160;Vincent Browne</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Date:&#160;&#160;April
      30, 2009</font></div>
            </td>
            <td valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Vincent
      Browne,</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="40%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="40%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Chief
      Executive Officer</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;
</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
</font></div>
      </div>
    </div><br></body>
</html>
[{"type": "8-K", "sequence": "1", "filename": "form8_k.htm", "secsgml_size_bytes": 39320}]
{"company-data": {"conformed-name": "FLINT TELECOM GROUP INC.", "cik": "0000832370", "assigned-sic": "3669", "irs-number": "363574355", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15569", "film-number": "09782160"}, "business-address": {"street1": "327 PLAZA REAL", "street2": "SUITE 319", "city": "BOCA RATON", "state": "FL", "zip": "33432", "phone": "4083996120"}, "mail-address": {"street1": "327 PLAZA REAL", "street2": "SUITE 319", "city": "BOCA RATON", "state": "FL", "zip": "33432"}, "former-company": [{"former-conformed-name": "SEMOTUS SOLUTIONS INC", "date-changed": "20010227"}, {"former-conformed-name": "DATALINK NET INC", "date-changed": "19990707"}, {"former-conformed-name": "DATALINK SYSTEMS CORP /CA/", "date-changed": "19960723"}]}
form8_k.htm
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):                                                                                     April
24, 2009
FLINT
TELECOM GROUP, INC.
- - - - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
(Exact
Name of Registrant as Specified in its Charter)
Nevada
0-21069
36-3574355
(State
      or other jurisdiction of incorporation or organization)
(Commission
      File Number)
(I.R.S.
      Employer Identification No.)
327 Plaza
Real, Suite 319, Boca Raton, FL 33432
----------------------------------------------------------------------------------------------------------------------
(Address
of Principal Executive Offices)   (Zip Code)
(561)
394-2748
-----------------------------------------------------------------
(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 obligations 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 1.01
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On April 24, 2009, Flint Telecom Group, Inc.
("
Flint"
) entered into two amendments: 1)
the First A
mendment
to the
Agreement and Plan of Merger by and among Flint, Flint Acquisition
Corps. (A-E), each a wholly owned subsidiary of Flint, China Voice Holding Corp.
("CHVC"), and CVC Int'l Inc., Cable and Voice Corporation, StarCom Alliance Inc,
Dial-Tone Communication Inc, Phone House Inc. (of Florida), and Phone House,
Inc. (of California), each a wholly-owned subsidiary of CHVC (and together, the
"Targets") dated January 29, 2009 (the "Merger Agreement"), and 2) the First
Amendment to the Stock Purchase Agreement by and among Flint and CHVC dated
January 29, 2009 (the "Stock Purchase Agreement"), whereby the consideration to
be paid under these agreements is modified as follows:
1.
The
      First Amendment to the Agreement and Plan of Merger modifies the Agreement
      and Plan of Merger such that all shares of the Targets' Common Stock are
      converted into the right to receive a cash payment, paid to CHVC, at the
      Closing Date equal to $500,000.00 and $200,000 paid on March 16,
      2009.  In addition to the aforementioned amounts already paid,
      Flint shall issue to CHVC 800,000 shares ($800,000 issue price) of Series
      C preferred stock, redeemable through the following payment schedule:
      $275,000 in May of 2009, with the remaining $525,000 redeemable in five
      equal monthly installment payments of $105,000 each, starting on July 15,
      2009. Alternatively, should Flint close on new funding from a third party,
      the remaining $525,000 shall be redeemed through one lump sum payment, up
      to a maximum of twenty five percent (25%) of whatever net amount Flint
      actually receives.
Additionally,
effective March 16, 2009, the parties agreed to omit the Targets' future minimum
revenue targets and Flint's right of offset; Flint therefore released to CHVC
the 6,300,000 shares of restricted common stock that were being held in escrow
pursuant to the Merger Agreement.
2.
The
First
      Amendment to the Stock
Purchas
e
      Agreement modifies the Stock Purchase Agreement
such that
Flint shall pay to CHVC $500,000
      by no later than April 30, 2009.  Additionally, Flint shall
      issue to CHVC 1,000,000 shares ($1,000,000 issue price) of Series C
      preferred stock, redeemable through the following payment schedule:
      $275,000 in May of 2009, with the remaining $725,000 redeemable in five
      equal monthly installment payments of $145,000 each, starting on July 15,
      2009. Alternatively, should Flint close on new funding from a third party,
      the remaining $725,000 shall be redeemed through one lump sum payment, up
      to a maximum of twenty five percent (25%) of whatever net amount Flint
      actually receives.
Additi
onally,
Flint and CHVC entered into a security
agreement (the "
Security
Agreement"
) whereby
the obligation
to redeem the preferred stock issued to CHVC is secured by the capital stock of
the Targets. Notwithstanding, CHVC agrees to subordinate its security interest
in the Targets to any future third party funding closed by Flint, as required by
Flint and approved by CHVC, such approval not to be unreasonably
withheld.
Flint and
CHVC also executed a First Amendment to the Promissory Note issued to CHVC on
January 29, 2009 (the "Note"), whereby Flint and CHVC agreed to add the
following language to the end of Section 2(a) of the Note:
"A
portion equal to one million dollars (USD$1,000,000) of the balance due on the
Note shall be paid by Maker [Flint] through a payment of seven hundred twenty
one thousand pound sterling (GBP£721,000) on or before December 31, 2010,
regardless of whether the U.S. dollar strengthens or weakens in relation to the
GBP pound sterling during the term of the Note and whether there is therefore a
foreign currency translation gain or loss for either party."
The
foregoing descriptions of the First Amendment to the Agreement and Plan of
Merger, the First Amendment to the Stock Purchase Agreement, the First Amendment
to the Promissory Note and the Security Agreement are qualified in their
entirety by reference to the full text of those agreements, which are attached
hereto as Exhibits 2.2, 4.2, 4.3 and 4.4, respectively, and are incorporated
herein by reference
.
ITEM
2.03  CREATION OF A DIRECT FINANCIAL OBLIGATION
The information set forth in
Item 1.01 above
is incorporated herein by reference
as it
relates to Flint's obligation to pay a total of $1,500,000 to CHVC pursuant to
the Merger Agreement and $1,500,000 to CHVC pursuant to the Stock Purchase
Agreement, as secured by the capital stock of the Targets, and $7,000,000 to
CHVC pursuant to the Note.
ITEM 3.02
UNREGISTERED SALES OF EQUITY SECURITIES
The
information set forth in Item 1.01 above is incorporated herein by reference as
it relates to the issuance of 1,800,000 shares of Series C preferred stock; the
terms and conditions of the Series C preferred stock is qualified in its
entirety by reference to the full text of the Certificate of Designation of
Series C Preferred Stock, which is attached hereto as Exhibit 3.1 and is
incorporated herein by reference
.
We believe our offering and sale of the securities in
the above transaction, made only to
an
accre
dited investor
,
were exempt from registration under
Section
4(2) of the Secur
ities Act
and Regulation D.  The certificates
representing the securities issued contain a legend to the effect that such
securities were not
registered under the
Securities Act
and may not be transferred
except pursuant to an effective registration statem
ent or pursuant to an exemption from such
registration requirements
.
ITEM
9.  FINANCIAL STATEMENTS AND EXHIBITS.
(a)
Not
applicable.
(b) Not
applicable.
(c)
Exhibits.
The
      following exhibits are filed with this
report:
Exhibit
      Number
--------------------
Description
---------------
2.1*
Agreement
      and Plan of Merger
dated
January 29,
      2009 by and
among
Flint, Flint
      Acquisition Corps. (A-E), each a wholly owned subsidiary of Flint, CHVC,
      CVC Int'l Inc., Cable and Voice Corporation, StarCom Alliance Inc,
      Dial-Tone Communication Inc, Phone House Inc. (of Florida) and Phone
      House, Inc. (of California) dated January 29, 2009
.
2.2
First
      Amendment to the Agreement and Plan of Merger by and among Flint, Flint
      Acquisition Corps. (A-E), each a wholly owned subsidiary of Flint, CHVC,
      CVC Int'l Inc., Cable and Voice Corporation, StarCom Alliance Inc,
      Dial-Tone Communication Inc, Phone House Inc. (of Florida) and Phone
      House, Inc. (of California) dated April 24, 2009.
3.1
Certificate
      of Designation of Series C Preferred Stock
4.1*
Stock
      Purchase Agreement by and among China Voice Holding Corp. and Flint
      Telecom Group, Inc. dated January 29, 2009
.
4.2
First
      Amendment to the Stock Purchase Agreement by and among China Voice Holding
      Corp. and Flint Telecom Group, Inc. dated April 24,
  2009.
4.3
First
      Amendment to the Promissory note issued from Flint Telecom Group, Inc. to
      China Voice Holding Corp. dated March 16, 2009.
4.4
Security
      Agreement by and among Flint Telecom Group, Inc. and China Voice Holding
      Corp. dated April 24, 2009.
*Incorporated
by reference to the Registrant's SEC Form 8-K filed on February 4, 2009
.
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1934, the Registrant has duly
caused this Report to be signed on its behalf by the undersigned, hereunto duly
authorized.
FLINT
      TELECOM GROUP, INC.
By:
      /s/  Vincent Browne
Date:  April
      30, 2009
Vincent
      Browne,
Chief
      Executive Officer