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)       July 1, 2002

                                VOIP Telecom, Inc
                              (Name of Registrant)

  Nevada                             0-28047                    94-3342064
(State or other jurisdiction        (Commission                (IRS Employer
 of incorporation)                     File Number)          Identification No.)


                         4126 Delp St. Memphis, TN 38118
                    (Address of principle executive offices)



Registrants telephone number, including area code                (901) 365-7650




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










Item 1.  Changes in Control of Registrant

     On, July 1, 2002 the Company issued fifteen million  (15,000,000) shares of
common  stock to close the  acquisition  of Global  Holdings,  Inc.  Before this
transaction  VOIP  Telecom,  Inc had only four million seven hundred and seventy
six thousand one hundred and forty nine (4,776,149)  shares  outstanding  before
the transaction.  The two principal shareholders of Global Holdings, Inc. are B.
Grant Hunter the Companys  President and John Curry who is the former Secretary
/ Treasurer and also a former Director of VOIP Telecom,  Inc. Mr. Hunter and Mr.
Curry each received seven million and five hundred thousand  (7,500,000)  shares
each in the above mentioned transaction.

Item 2. Acquisition or Disposition of Assets

     On,  July 1, 2002 the  Company  completed  a  reverse  merger  with  Global
Holdings,  Inc.  Global  Holdings,  Inc has $10,448 in current  assets that were
comprised of $2,380 in cash and $8,068 in income tax refunds receivable.  Global
Holdings,  Inc has $177,133 in current liabilities that were comprised of $4,154
in accounts  payable and $172,959 in notes payable to  stockholders  and related
parties.  It should be noted that Global  Holdings,  Inc.  is in the  refractory
business  and has been  performing  all the  negotiations  and research for VOIP
Telecom, Inc. as it attempts to acquire a refractory service business.  However,
after the above mentioned  reverse  merger,  Global  Holdings,  Inc. will be the
survivor for accounting purposes and Voip Telecom, Inc. will be the survivor for
legal purposes. The newly consolidated company is in the process of changing its
name to  Diversified  Thermal  Solutions,  Inc.  The  name is being  changed  in
accordance with the vote at the Special Shareholders Meeting.

Item 3.  Bankruptcy of Receivership

         No events to report.

Item 4. Changes in Registrants Certifying Accountant

         No events to report.

Item 5. Other Matters

     The Company is in the process of changing their name to Diversified Thermal
Solutions,  Inc.  in  accordance  with  the  vote  at  the  Special  Meeting  of
Shareholders that was held on May 31, 2002.

Item 6. Resignation of Registrants Directors

         No events to report.

Item 7.  Financial Statements

         None.

Exhibits
         Acquisition and Plan of reorganization







     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  in its  behalf by the
undersigned hereinto duly authorized.




                                                     VOIP Telecom, Inc.




                                                     B. Grant Hunter, President

July 15, 2002