lo resolvi, aca la solucion:
Código PHP:
$mail = new PHPMailer();
$mail->Host = "smtp.dominio.com.ar";
$mail->From = "mail";
$mail->FromName = "lo q quieran";
$mail->Subject = "asunto!";
mysql_connect("", "", "");
mysql_select_db("");
$result = mysql_query("SELECT nombre, email FROM tabla");
while ($row = mysql_fetch_array($result)) {
// Configurar Email
$mail->Body = $body;
$mail->AddAddress($row["email"], $row["nombre"]);
$mail->AddEmbeddedImage("logo.jpg", "my-attach");
$mail->Body = "<img alt='PHPMailer' src='cid:my-attach'><p><strong>".$row["nombre"]."</strong>,</p>";
// Enviar el email
if(!$mail->Send()) {
echo "Error al enviar a: " . $row["email"] . "<br>";
}
$mail->ClearAddresses();
}
saludos