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

~~June~~February 304, ~~2007~~2008

Date of Report

iBroadband, Inc.

(Name of small business issuer in its charter)

Nevada

(State or other jurisdiction of incorporation or organization)

88-0464894

(I.R.S. Employer Identification No.)

14286 Gillis Rd. Farmers Branch, TX

(Address of principal executive offices)

Issuer's telephone number: (972) 458-0909

75244

(Zip Code)

None

(Former name of former address, if changed since last report)

000-51918

(Commission File Number)

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.~~

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 25.0402. ~~Triggering~~Departure ~~Events~~of ~~that~~Directors ~~Accelerate~~ or ~~Increase~~Principal aOfficers; ~~Direct~~Election ~~Financial~~of ~~Obligation~~Directors; ~~under~~Appointment anof ~~Off-Balance~~Principal ~~Sheet Arrangement~~Officers.

OnGary ~~July 23~~Busby, ~~2007~~Executive ~~Laurus~~Vice ~~Capital~~President ~~Management,~~and ~~L.L.C.,~~General onManager ~~behalf~~ of ~~Laurus Master Fund, Ltd. (“Laurus”), sent~~ iBroadband, Inc. (the “Company”) a written notice stating that various events of default have occurred under the Security Purchase Agreement and related agreements (collectively the “Agreements”) entered into between Laurus and the Company dated as of November 7, ~~2006,~~has aterminated ~~transaction~~his ~~that~~employment ~~was~~with ~~reported by~~ the Company ~~in a Current Report Form 8-K filed on November 13~~, ~~2006~~effective ~~and~~January ~~incorporated herein by reference. The notice further states that as a result of such events of default~~31, ~~Laurus~~2008 isfor ~~entitled to pursue various rights and remedies under the Agreements, including, without limitation, the~~ personal ~~guaranty of Raymond Nawara, our majority shareholder~~reasons.

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: ~~June~~February 304, ~~2007~~2008

iBroadband, Inc.

(Registrant)

By: /s/ Matthew Hutchins

--------------------------------------

Title: President/CEO

Filing Compare · iBroadband, Inc.