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 6, 2011


                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.
             (Exact name of registrant as specified in its charter)

          Nevada                       0-32323                  20-1217659
(State or other jurisdiction         (Commission              (IRS Employer
    of incorporation)                File Number)         Identification Number)

17800 Castleton Street, Suite 638, City of Industry, California    91748
        (Address of Principal Executive Offices)                 (Zip Code)

       Registrant's telephone number, including area code: (626) 581-8500

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 (see General Instruction A.2., below):

[ ] 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-120

[ ] Pre-commencement communication pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communication pursuant to Rule 13c-4(c) under the
    Exchange Act (17 CFR 240.133-4(c))

ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

BACKGROUND

     As  previously  reported in our  Current  Report on Form 8-K filed with the
Commission on June 2, 2010, the Company signed a non-binding Letter of Intent on
May 25, 2010, to merge with FHH Sino New Energies Co.,  Ltd., a Chinese  company
("FHH  Sino")  located  in Weihai,  Shandong  Province  of China.  FHH Sino is a
petroleum storage company that offers petroleum storage tanks and facilities for
rental  to the  petroleum  importers/exporters  is  Weihai,  a  coastal  city in
Shandong Province of Northern China.

     The  Letter  of Intent  was  subject  to (i) the  execution  of a  mutually
acceptable  definitive  merger  or  exchange  agreements:  (ii)  there  being no
material adverse change in the financial condition, business or prospects of the
Company prior to closing; (iii) final investment committee approval;  (iv) local
government  and  regulatory  approvals;  (v)  extension  of existing  employment
contracts for the Company's management;  and (vi) and a guarantee of buy-back or
exchange of common  stock for  preferred  stock (not to exceed U.S.  $2,300,000)
currently held my the Company's officers or investors.

     Upon signing of the Letter of Intent,  FHH Sino made a U.S.  $230,000  good
faith deposit with the Company.

RECENT EVENT

     Since the Letter of Intent was  signed,  the  Company has engaged a Chinese
law  firm to  conduct  a Due  Diligence  Study on FHH Sino and such law firm has
completed  its report.  The Company  also  engaged a qualified  PCAOB  qualified
accounting firm to perform audits on FHH Sino.

     The Company had been looking forward to acquiring FHH Sino, but there was a
legal dispute between current and former shareholders of the FHH Sino. The legal
dispute did not include the Company.  On June 13, 2011,  the Chinese court froze
the assets of one of the largest FHH Sino shareholders,  effectively killing any
chance of the Company acquiring 100% of FHH Sino stock. For several months after
the court  ruling,  the  parties to that  dispute  tried to  resolve  the matter
amicably.  However,  no amicable  resolution of the dispute has transpired.  The
Company was not a party to such legal dispute or court proceedings.

     Our  Board  of  Directors  decided  that it was of no use to  continue  the
Company's attempt to acquire FHH Sino and that it would be in the best interests
of the Company and its shareholders to pursue other opportunities.

     Accordingly,  on December  6, 2011,  the Company  formally  terminated  the
Letter of Intent.

                                       2

                                    SIGNATURES


     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

DATED: December 6, 2011

                                 INTERNATIONAL BUILDING TECHNOLOGIES GROUP, INC.


                                 By: /s/ Kenneth Yeung
                                    --------------------------------------------
                                    Kenneth Yeung
                                    President and Chief Executive Officer