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) October
12, 2006
VoIP,
Inc.
(Exact
name of Company as specified in its charter)
Texas
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000-28985
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75-2785941
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(State
or Other Jurisdiction)
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(Commission
File Number)
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(I.R.S.
Employer Identification)
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of
Incorporation)
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151
So. Wymore Rd., Suite 3000,
Altamonte Springs, Florida
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32714
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(Address
of principal executive
offices)
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(Zip
Code)
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Registrant's
telephone number, including area code:
(407) 389-3232
N/A
(Former
name or former address, if changed since last report)
o
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Written
communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
40.13e-4(c))
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Item
1.02 Termination a Material Definitive Agreement.
Effective
October 12, 2006, VoIP,
Inc. (the “Company”) terminated its Marketing
and Distribution Agreement with Phone House, Inc. dated September 1, 2004 and
amended February 16, 2006 (the “Agreement”). The Agreement called for the
wholesale distribution, marketing and selling of prepaid telephone calling
cards
by Phone House, Inc., under license from the Company. This business was based
in
the southern California area. The Company’s revenues and net loss from this
business for the six months ended June 30, 2006 were $10,030,249 and $35,695,
respectively. Management decided that this business was not in line with its
present business strategy.
SIGNATURES
Pursuant
to the requirement 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.
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VoIP,
INC.
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Date: October
16, 2006
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By:
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/s/ Robert
Staats
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Robert
Staats
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Chief
Accounting Officer
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