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: ~~February~~March ~~7th~~3, 2011

(Date of earliest event reported: February ~~3rd~~27, 2011)

~~PHOENIX~~Phoenix ~~INTERNATIONAL~~International ~~VENTURES~~Ventures, ~~INC~~Inc.

(Exact name of registrant as specified in its charter)


Nevada	333-140257	20-8018146
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)

61B Industrial PKWY, Carson City, NV		89706
61B Industrial Parkway, Carson City, NV	89706
(Address of principal executive offices)	(Zip Code)	~~(Zip Code)~~

(775) 882 -9700

(Registrant's telephone number, including area code)

(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:

o[_] Written communications pursuant to Rule 425 under the Securities Act

o[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

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Item 85.0102 ~~Other~~Departure ~~Events~~of Directors of certain officers; Election of Directors; Appointment of certain Officers; Compensatory Arrangements of certain Officers.

On February 327, 2011, the Board of Directors accepted the resignation of Niv Nissenson as the Company’s ~~wholly~~Chief ~~owned~~Financial ~~subsidiary,~~Officer ~~Phoenix~~(“CFO”) ~~Aerospace~~originally given on February 22, ~~Inc~~2011. Mr. ~~received~~Nissenson awas ~~notice~~the ofCompany’s aprincipal ~~Federal~~accounting ~~Tax~~officer. Mr. ~~Lien~~Nissenson ~~Filing~~remains ~~from~~on the ~~Internal~~Company’s ~~Revenue~~Board ~~Service~~of ~~(IRS)~~Directors. Mr. ~~According~~Nissenson toresigned ~~the~~for ~~notice,~~personal ~~the~~reasons. Mr. ~~IRS~~Nissenson ~~has~~indicated ~~put~~that ahe ~~lien~~had inno ~~favor~~disagreements ofwith the ~~United~~Company’s ~~States~~accounting policies or practices. The resignation was effective on ~~all~~February ~~property~~27, ~~rights~~2011. The toCompany ~~property~~appointed ~~belonging~~Teja toShariff as the Company’s ininterim ~~the~~Chief ~~aggregate~~Financial ~~amount~~Officer ofuntil ~~$48,847.~~the ~~The~~sooner ~~amount~~of isJune ~~related~~1, to2011 ~~unpaid employee~~or ~~federal~~until ~~tax~~a ~~withholdings.~~permanent ~~This~~replacement ~~lien~~is ~~can~~elected ~~have~~by athe ~~material~~Board. Mr. ~~adverse~~Shariff ~~effect~~is onthe brother of the Company’s ~~financial~~CEO ~~situation~~and President, Mr. Zahir Teja.

~~The~~Mr. ~~Company~~Shariff is ~~currently~~a inCertified ~~negotiations~~Public ~~with~~Accountant ~~investors~~and the principal owner of his private tax and accounting practice. He has been in anprivate ~~attempt~~practice tofor ~~raise~~the ~~funds~~last twenty one years and brings a wealth of knowledge and experience in ~~order~~various toareas ~~solve~~that ~~this~~include: ~~issue~~mergers asand ~~well~~acquisitions; preparation asof financial statements; representation before the Internal Revenue Service and various other ~~cash~~governmental ~~flow~~agencies; ~~issues~~long term planning, budgeting and financial analysis; computer systems and consulting services with a primary focus on guiding businesses in software evaluations and hardware requirements that meet the client’s needs; management advisory services with a primary focus on building on a business’s strengths and identifying and solving challenges faced by a business; preparation of income tax returns for individuals, corporations, partnerships, estates and trusts; and business valuations and tax effects of buying and selling a business. Mr. Shariff has been a Board member of various corporations and Chief Financial Officer of a publicly traded company. Mr. Shariff is a graduate of California State University at Long Beach, CA.

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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.

Date: February 7, 2011

	Phoenix International Ventures, Inc.

Date: March 3, 2011	By:	/s/ Zahir Teja
		Zahir Teja
		President

Phoenix International Ventures, Inc.

By: \s\ Niv Nissenson______________

Niv Nissenson

Chief Financial Officer

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