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) June 2930, 2016

International Monetary Systems, Ltd.

(Exact name of registrant as specified in its charter)

Wisconsin		0-30853		39-1924096
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

16901 West Glendale Dr. New Berlin, WI		53151
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 262-780-3640

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):

☐o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐o Soliciting material pursuant to Rule 1 4a- 12 under the Exchange Act (17 CFR 240.1 4a- 12)

☐o Pre-commencement communications pursuant to Rule 1 4d-2(b) under the Exchange Act (17 CFR 240.1 4d-2(b))

☐o Pre-commencement communications pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-4(c))

Item 5 8.~~07 Submission~~01. ofOther ~~Matters to a Vote of Security Holders~~Events.

AtInternational Monetary Systems, Ltd. (the ~~company’s~~“Company”) ~~annual~~filed ~~shareholders’~~a ~~meeting~~Form on15 ~~June~~today, 29July 1, 2016, with athe Securities and Exchange Commission (“SEC”) to voluntarily deregister its common stock. The Company is eligible to deregister because it has fewer than 500 holders of record of its common stock and total assets of ~~508,566~~less ~~votes~~than ~~cast~~$10 million at the end of each of the last 3 years. In filing the Form 15, the Company’s ~~following~~obligations ~~actions~~to file certain reports and forms with the SEC, including Forms 10-K, 10-Q and 8-K, are immediately ~~were~~suspended. ~~taken:~~The Company expects that deregistration of its common stock will become effective within 90 days.

~~1) Re-election~~The Company is deregistering ofbecause ~~John~~it ~~Strabley~~believes that the incremental cost of compliance and ~~Wayne~~other ~~Dalin~~public company reporting requirements does not provide a discernible benefit to 3the ~~year~~Company ~~terms~~and asis ~~directors~~not in the best interests of its shareholders. ~~The~~Factors influencing ~~voting~~the ~~results~~Board ~~were~~of asDirector’s ~~follows~~decision include the following:

	For		Against	Abstained	Withheld		Non-votes		Total
John Strabley		465,533				149		42,884		508,566
Wayne Dalin		465,408				274		42,884		508,566

•

the high accounting, legal and administrative costs of preparing and filing periodic reports and other filings with the SEC in comparison to the size of the Company;

~~2) Ratification of~~• ~~LBB~~the &amount ~~Associates~~of ~~Ltd.,~~time ~~LLP~~senior asmanagement of the Company’s ~~independent~~is ~~auditors~~required ~~for~~to ~~the~~devote ~~year~~to ~~ended~~matters ~~December~~related ~~31,~~to ~~2016.~~its securities as opposed to time concentrating on the business of the Company;

Of • the ~~total~~already ~~votes~~limited ~~cast,~~trading ~~508,111~~volume ~~were for ratification of LBB~~ and ~~130~~liquidity ~~votes~~in ~~were~~the ~~against~~Company’s ~~ratification,~~common ~~with~~stock; ~~325 abstaining.~~and

~~3) Non-binding~~• ~~vote~~the onfact ~~Shareholder~~that ~~Pay~~the lack of liquidity of the common stock makes it unlikely that the Company can effectively use its common stock to compensate employees, raise capital or make acquisitions.

~~Of the~~The ~~total~~Company’s ~~votes~~securities will ~~cast,~~continue ~~464,983~~to ~~were~~be ~~for~~traded ~~ratification~~over ofthe ~~LBB~~counter ~~and~~on ~~458~~the ~~votes~~Pink ~~were against ratification, with 241 abstaining~~Sheets. ~~There were also 42,884 non-votes.~~

~~SIGNATURES~~SIGNATURE

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

~~International Monetary Systems, Ltd.~~

International Monetary Systems, Ltd.

Date: June 30, 2016

/s/ David Powell

Dated: July 1, 2016

/s/ David A. Powell

Name: David Powell

Principal Financial Officer

Title: Principal Financial Officer

Filing Compare · INTERNATIONAL MONETARY SYSTEMS LTD /WI/