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    <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 style="DISPLAY: inline; FONT-WEIGHT: bold">UNITED STATES</font></font></div>
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COMMISSION</font></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 style="DISPLAY: inline; FONT-WEIGHT: bold">Washington, DC
20549</font></font></div>
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    <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 style="DISPLAY: inline; FONT-WEIGHT: bold">FORM 8-K</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</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 style="DISPLAY: inline; FONT-WEIGHT: bold">CURRENT REPORT</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</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 style="DISPLAY: inline; FONT-WEIGHT: bold">Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</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;<font style="DISPLAY: inline; TEXT-DECORATION: underline">January 19,
2009</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</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"><font style="DISPLAY: inline; TEXT-DECORATION: underline">CHINA AMERICA HOLDINGS,
INC.</font></font></div>
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name of registrant as specified in its charter)</font></div>
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            </td>
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      or other jurisdiction</font></div>
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      incorporation)</font></div>
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      Number)</font></div>
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      Employer</font></div>
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      No.)</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</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">333 E.
Huhua Road, Huating Economic &amp; Development Area, Jiading District,Shanghai,
China, 201811</font></div>
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of principal executive offices) (Zip Code)</font></div>
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telephone number, including area code&#160;&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">&#160;86-21-59974046</font></font></div>
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    <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 style="DISPLAY: inline; TEXT-DECORATION: underline">____________________________________</font></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">(Former
name or former address, if changed since last report)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</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">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 (see General Instruction A.2 below):</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</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">[&#160;&#160;]&#160;&#160;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -
12)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</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">[&#160;&#160;]&#160;&#160;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</font></div>
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    <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">[&#160;&#160;]&#160;&#160;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; 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: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
January 19, 2009 China America Holdings, Inc. (the &#8220;Company&#8221;) entered into an
Asset Purchase Agreement (the &#8220;Asset Purchase Agreement&#8221;) with Pearl Group
Advisors, Inc., a Florida corporation ("Pearl Group") for the sale of certain
assets related to its biometric technology based fingerprint identification
business (the &#8220;Biometrics Business&#8221;).&#160;&#160;Pearl Group is wholly owned by
Dore S. Perler, a member of the Company&#8217;s board of directors and its former
Chief Executive Officer.&#160;&#160;Included in the Asset Purchase Agreement are
the following assets of the Company's Biometric Business:&#160;customer and
supplier lists, business records, trademarks and other intellectual property
and&#160;manufacturers and vendors&#8217; warranty claims.&#160;&#160;The
consideration received by the Company in connection with the Asset Purchase
Agreement included the assumption of liabilities, if any, by Pearl Group related
to the Biometrics Business and the termination of Mr. Perler&#8217;s May 1, 2007
employment agreement entered into between him and the Company (the &#8220;Employment
Agreement&#8221;).&#160;&#160;Also, in connection with the termination of the
Employment Agreement, the Company agreed to pay Mr. Perler the sum of
$75,000.</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">As of
January 19, 2009, the Company will no longer be engaged in the Biometrics
Business.&#160;&#160;The Company did not incur any costs or take any charges,
and does not expect any in the future, related to the sale of the Biometrics
Business pursuant to the Asset Purchase Agreement.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
2.01 Completion of Acquisition or Disposition of Assets.</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">See the
disclosure related to 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-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
2.05 Costs Associated with Exit or Disposal Activities.</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">See the
disclosure related to 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-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</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">On
January 19, 2009, the Board of Directors of the Company appointed Shaoyin Wang
as Chairman of its Board of Directors, Chief Executive Officer, President and
Chief Financial Officer of the Company. Mr. Wang will be paid a salary of $8,760
(RMB 60,000) per year for serving in these positions with the
Company.</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">Mr. Wang,
age 47, prior to joining the Company, was the Director of the Information
Department of Shanghai Mingjia Real Estate Development Co., Ltd. from June 2006
to November 2008.&#160;&#160;From January 2004 to May 2006, Mr. Wang was the
vice president of Shanghai Zhida Industrial Technology Development Co.,
Ltd.&#160;&#160;Mr. Wang was a marketing manager of Shanghai Yazheng Information
Technology Co., Ltd. from October 2000 to December 2003.&#160;&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt">From 1994 to 2000, Mr. Wang travelled
in Auckland, New Zealand and received training in business administration at
Auckland Institute of Technology. </font>From November 1990 to August 1994, Mr.
Wang was a marketing manager in the Shanghai Representative Office of Hongkong
Yilong Technology Development Co., Ltd.&#160;&#160;Mr. Wang was a teacher at the
Shanghai Police College from August 1984 to October 1990. Mr. Wang received a
Bachelor&#8217;s Degree in Computer Science from Shanghai University in
1984.</font></div><br>
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</font></div>
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-</font></div>
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    <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">After the
appointment of Mr. Wang as an officer and director of the Company on January 19,
2009, Julie Slater and Shawn Tartaglia, members of the Board of Directors of the
Company resigned from the board.&#160;&#160;Ms. Slater and Mr. Tartaglia&#8217;s
resignations were not the result of any disagreement with the Company on any
matter relating to its operation, policies (including accounting or financial
policies) or practices.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Item
9.01 Financial Statements and Exhibits.</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="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)&#160;
Exhibits.</font></div>
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      Number</font></div>
            </td>
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      </font></td>
            <td valign="bottom" width="72%" style="BORDER-BOTTOM: black 2px solid">
              <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">Description</font></div>
            </td>
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            <td colspan="2" valign="bottom" width="7%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="bottom" width="72%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
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            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
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              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10.1</font></div>
            </td>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="72%">
              <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"><a href="caahex10-1.htm">Termination Agreement dated January 19, 2009 between
      China America Holdings, Inc. and Dore Scott Perler.</a></font></div>
            </td>
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            <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="right" valign="top" width="7%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">10.2</font></div>
            </td>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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      between China America Holdings, Inc. and Pearl Group Advisors,
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 45pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</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 Exchange 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; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
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      AMERICA HOLDINGS, INC.</font></div>
            </td>
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      January 22, 2009</font></div>
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            <td valign="top" width="3%">
              <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:</font></div>
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            </td>
          </tr>
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caah-8k.htm
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, DC
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 19,
2009
CHINA AMERICA HOLDINGS,
INC.
(Exact
name of registrant as specified in its charter)
Florida
333-87293
82-0326560
(State
      or other jurisdiction
of
      incorporation)
(Commission
File
      Number)
(IRS
      Employer
Identification
      No.)
333 E.
Huhua Road, Huating Economic & Development Area, Jiading District,Shanghai,
China, 201811
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code
86-21-59974046
____________________________________
(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 (see General Instruction A.2 below):
[  ]  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
January 19, 2009 China America Holdings, Inc. (the "Company") entered into an
Asset Purchase Agreement (the "Asset Purchase Agreement") with Pearl Group
Advisors, Inc., a Florida corporation ("Pearl Group") for the sale of certain
assets related to its biometric technology based fingerprint identification
business (the "Biometrics Business").  Pearl Group is wholly owned by
Dore S. Perler, a member of the Company's board of directors and its former
Chief Executive Officer.  Included in the Asset Purchase Agreement are
the following assets of the Company's Biometric Business: customer and
supplier lists, business records, trademarks and other intellectual property
and manufacturers and vendors' warranty claims.  The
consideration received by the Company in connection with the Asset Purchase
Agreement included the assumption of liabilities, if any, by Pearl Group related
to the Biometrics Business and the termination of Mr. Perler's May 1, 2007
employment agreement entered into between him and the Company (the "Employment
Agreement").  Also, in connection with the termination of the
Employment Agreement, the Company agreed to pay Mr. Perler the sum of
$75,000.
As of
January 19, 2009, the Company will no longer be engaged in the Biometrics
Business.  The Company did not incur any costs or take any charges,
and does not expect any in the future, related to the sale of the Biometrics
Business pursuant to the Asset Purchase Agreement.
Item
2.01 Completion of Acquisition or Disposition of Assets.
See the
disclosure related to Item 1.01 Entry into a Material Definitive
Agreement.
Item
2.05 Costs Associated with Exit or Disposal Activities.
See the
disclosure related to Item 1.01 Entry into a Material Definitive
Agreement.
Item
5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
January 19, 2009, the Board of Directors of the Company appointed Shaoyin Wang
as Chairman of its Board of Directors, Chief Executive Officer, President and
Chief Financial Officer of the Company. Mr. Wang will be paid a salary of $8,760
(RMB 60,000) per year for serving in these positions with the
Company.
Mr. Wang,
age 47, prior to joining the Company, was the Director of the Information
Department of Shanghai Mingjia Real Estate Development Co., Ltd. from June 2006
to November 2008.  From January 2004 to May 2006, Mr. Wang was the
vice president of Shanghai Zhida Industrial Technology Development Co.,
Ltd.  Mr. Wang was a marketing manager of Shanghai Yazheng Information
Technology Co., Ltd. from October 2000 to December 2003.
From 1994 to 2000, Mr. Wang travelled
in Auckland, New Zealand and received training in business administration at
Auckland Institute of Technology.
From November 1990 to August 1994, Mr.
Wang was a marketing manager in the Shanghai Representative Office of Hongkong
Yilong Technology Development Co., Ltd.  Mr. Wang was a teacher at the
Shanghai Police College from August 1984 to October 1990. Mr. Wang received a
Bachelor's Degree in Computer Science from Shanghai University in
1984.
- 2
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After the
appointment of Mr. Wang as an officer and director of the Company on January 19,
2009, Julie Slater and Shawn Tartaglia, members of the Board of Directors of the
Company resigned from the board.  Ms. Slater and Mr. Tartaglia's
resignations were not the result of any disagreement with the Company on any
matter relating to its operation, policies (including accounting or financial
policies) or practices.
Item
9.01 Financial Statements and Exhibits.
(d) 
Exhibits.
Number
Description
10.1
Termination Agreement dated January 19, 2009 between
      China America Holdings, Inc. and Dore Scott Perler.
10.2
Asset Purchase Agreement dated January 19, 2009
      between China America Holdings, Inc. and Pearl Group Advisors,
      Inc.
- 3
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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.
CHINA
      AMERICA HOLDINGS, INC.
Dated:
      January 22, 2009
By:
/s/
      Shaoyin Wang
Shaoyin
      Wang
CEO
      and Chairman of the Board
- 4
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