Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On March 31, 2009, Fusion Telecommunications International Inc. (the "Company") and a lender, that is also a related party shareholder of the Company, agreed to amend a promissory note (the "Amended Note") originally issued October 22, 2008
(previously amended and restated on December 31, 2008 and October 31, 2008)
evidencing $150,000 borrowed from the lender, which matures on May 31, 2010. The Amended Note bears interest on the unpaid principal amount of the Amended Note from date the Amended Note was issued until the outstanding principal amount of the Amended Note is paid in full, at the rate of 12% per annum. In the event that the Amended Note is not repaid by the maturity date, the Amended Note will automatically convert to a demand note, and the principal sum and all accrued interest will be payable in full upon ten (10) days notice from the lender. The Amended Note also grants the lender a collateralized security interest, pari passu with other lenders, in the Company's account(s) receivable. The proceeds are being used for general working capital purposes. The Form of Secured Promissory Note issued in these transactions is incorporated by reference as an exhibit to this report.

On April 3, 2009 and April 8, 2009, Fusion Telecommunications International, Inc. (the "Company") borrowed an aggregate amount of $100,000 from an entity that is also a related party shareholder of the Company. Each of the promissory notes evidencing these loans, which mature on June 3, 2010 and June 8, 2010 respectively, bears interest on the unpaid principal amount of the notes from the date the notes were issued until the outstanding principal amount of the notes is paid in full, at the rate of 12% per annum. In the event that any note is not repaid by the maturity date, that note will automatically convert to a demand note, and the principal sum and all accrued interest will be payable in full upon ten (10) days notice from the lender. These notes also grant the lender a collateralized security interest, pari passu with other lenders, in the Company's account(s) receivable. The proceeds are being used for general working capital purposes. The Form of Secured Promissory Note issued in these transactions is incorporated by reference as an exhibit to this report.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Form of Secured Promissory Note (incorporated by reference to Exhibit 99.1 10.1 to the Registrant's Form 8-K filed with the Securities Exchange Commission on November 24, 2008)
Form of Amended and Restated Secured Promissory Note (incorporated by 99.2 reference to Exhibit 10.1 to the Registrant's Form 8-K filed with the Securities Exchange Commission on January 7, 2009)