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): December 2, 2008


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


                              Coffee Exchange, Inc.

             (Exact name of registrant as specified in its charter)


             Nevada                     0-32067                  59-3646899
(State or other jurisdiction     (Commission File Number)      (IRS Employer
      of incorporation)                                      Identification No.)

                     609 Kiowa
                McKinney, Texas                                  75071
       (Address of principal executive offices)               (Zip Code)

       Registrant's telephone number, including area code: (817) 335-9664


                                 Not applicable

          (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:

|_|  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 1.02 Termination of Material Definitive Agreement

On November 27, 2008, Coffee Exchange,  Inc. (the "Company")  provided notice to
Coffee Exchange of The America's Corporation ("CEOTA") that it was canceling the
Asset Purchase  Agreement dated July 24, 2008 due to the Company's  inability to
secure assignments of leases for the coffee shops operated by CEOTA.

The Company elected,  as settlement of the cancellation,  to allow CEOTA and its
shareholders  to retain the  11,500,000  shares of the  Company's  common  stock
previously  issued  in  anticipation  of  the  asset  purchase  agreement  being
completed.



                                    SIGNATURE

     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.


                                                  Coffee Exchange, Inc.


Date: December 2, 2008                            By: /s/ Carl Olivieri
                                                   -----------------------------
                                                   Carl Olivieri
                                                   President and CEO





                                        2

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