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): August 2231, 2018 (August 130, 2018)

MoneyOnMobile, Inc.

(Exact Name of Registrant as Specified in Its Charter)



Texas	000-53997	20-8592825
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)



500 North Akard Street, Suite 2850, Dallas, Texas				75201
(Address of principal executive offices)				(Zip Code)

Registrant's telephone number, including area code: (214) 758-8600

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

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:

¨ 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-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 85.~~01 Other~~02 ~~Events~~Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~On August 22~~MoneyOnMobile, ~~2018,~~Inc. (the “Company”) ~~issued~~received a ~~press~~letter ~~release~~of ~~announcing~~resignation ~~the~~from ~~termination~~Karl ofPower. Mr. ~~its~~Power ~~previously~~informed ~~announced~~the ~~rights~~Company ~~offering of 1~~that,~~236,303~~ ~~shares~~effective ofas ~~its common stock at a public offering price~~ of ~~$6.00~~August ~~per~~30, ~~share.~~2018, ~~The~~he ~~termination~~resigned ~~was~~his ~~due~~position toas ~~certain~~a ~~actions~~director ~~taken~~on bythe ~~numerous unauthorized actions by MMPL'~~Company’s Board of Directors~~, for which we are pursuing extensive legal actions to reverse~~. Mr. ~~These~~Power’s ~~actions~~resignation ~~resulted~~was innot ~~the~~as ~~inability by the Company to have its 2018 audit completed in~~ a ~~timely~~result ~~manner.~~of ~~All~~any ~~funds~~disagreements ~~held~~ with the ~~escrow agent will be returned promptly~~Company. ~~A copy of the press release is attached to this report as Exhibit 99.1 and incorporated herein by reference.~~

~~On August 1, 2018,~~ MoneyOnMobile, Inc. (the "“Company"”) received a ~~communication~~letter ~~from the Ministry~~ of ~~Corporate~~resignation ~~Affairs~~from ofDavid ~~the Government of India (the “MCA”) that the Company’s subsidiary, MMPL, filed an “eForm” through the MCA’s electronic portal~~Utterback. ~~The~~Mr. ~~communication~~Utterback ~~alerted~~informed the Company tothat, aneffective ~~action~~as ~~taken by the Board~~ of ~~Directors~~August of30, ~~MMPL (the “MMPL Board”)~~2018, ~~which~~he ~~action~~resigned ~~purportedly~~his ~~added~~position ~~three~~as ~~(3)~~a ~~new~~director ~~directors~~on to the ~~MMPL~~Company’s Board~~. The~~ ~~Company was not aware~~ of ~~and did not take part in this corporate action~~Directors. ~~Furthermore,~~Mr. ~~the~~Utterback’s ~~Company~~resignation ~~believes that any action taken by the MMPL Board in connection with or in addition to the purported director appointments~~ was annot ~~invalid~~as ~~action. The~~a ~~Company~~result ~~consulted~~of ~~with its local Indian corporate counsel to take action to remedy~~ any ~~effects~~disagreements ofwith ~~and receive declaratory judgment to invalidate~~ the ~~purported actions taken by the MMPL Board~~Company.

~~On August 3~~MoneyOnMobile, ~~2018,~~Inc. ~~the High Court of Judicature at Bombay~~ (the “~~Court~~Company”) ~~held~~received a ~~hearing~~letter inof ~~connection~~resignation ~~with~~from ~~the~~Jim ~~Company’s~~McKelvey. Mr. ~~petition~~McKelvey ~~inter~~informed ~~alia seeking interim relief to stay~~ the ~~actions the~~ Company ~~believes to have been invalidly taken. In the said Petition~~that, aneffective ~~additional~~as ~~relief seeking suspension~~ of ~~the directors who were invalidly appointed on the MMPL Board on~~ August 131, 2018, ~~was~~he ~~also~~resigned ~~sought. The~~his ~~ability~~position ofas ~~any~~a ofdirector ~~the new directors to serve~~ on the ~~MMPL~~Company’s Board ~~was~~of ~~suspended until the Court could hold an additional hearing~~Directors. Mr. OnMcKelvey’s ~~August~~resignation ~~10,~~was ~~2018,~~not ~~the~~as ~~Court conducted~~ a ~~hearing,~~result atof ~~which~~any ~~hearing,~~disagreements ~~the~~with ~~Court further stayed~~ the ~~actions the~~ Company ~~believes to have been invalidly taken and deferred final ruling until August 23, 2018~~.

~~On August 22~~MoneyOnMobile, ~~2018,~~Inc. ~~Management received credible documented evidence that all employees of MMPL and Digital Payment Processing Limited~~ (~~"DPPL"~~the “Company”) ~~were~~received ~~coerced~~a ~~into~~letter ~~resigning their positions and becoming employees~~ of anresignation ~~entity~~from ~~named~~Narayan ~~LI Digital Payments Processing Limited~~ (~~“LIDPPL”~~AG), aGangadhar. Mr. ~~new~~Gangadhar ~~Indian~~informed ~~entity that was established by certain Indian members of~~ the ~~MMPL Board, and in which the~~ Company ~~has no ownership interest. Further~~that, ~~Management~~effective ~~received~~as ~~other documents evidencing an updated MMPL shareholder list, for which demonstrated LIDPPL possessed control~~ of ~~over~~August ~~50% of the issued and outstanding voting shares of MMPL~~31, ~~the transfer of such shares is in direct violation of several clauses and prohibitions of the 2012 Memorandum of Understanding between the parties~~2018, ~~and~~he ~~various~~resigned ~~other~~his ~~investment~~position ~~agreements,~~as ~~which~~a ~~together~~director ~~formed~~on the ~~foundation for the~~ Company'’s ~~investments~~Board ~~and~~of ~~ownership in both DPPL and MMPL~~Directors. Mr. ~~The~~Gangadhar’s ~~Company~~resignation ~~believes~~was ~~that~~not ~~these~~as ~~actions~~a result of ~~employee~~any ~~transfer~~disagreements ~~and~~with ~~shareholder transfer are illegal and unauthorized, and that these actions violate various investment and shareholder agreements in place between~~ the Company~~, DPPL, MMPL, and its founders and shareholders~~. ~~The Company continues to work within the Indian legal system to request the Indian courts overturn all actions made by the MMPL Board from August 1, 2018 onwards.~~

~~Item~~MoneyOnMobile, 9Inc.~~01 Financial~~ ~~Statements~~(the ~~and~~“Company”) ~~Exhibits~~received a letter of resignation from Oleg Gordienko. Mr. Gordienko informed the Company that, effective as of August 31, 2018, he resigned his position as a director on the Company’s Board of Directors. Mr. Gordienko’s resignation was not as a result of any disagreements with the Company.

MoneyOnMobile, Inc. (dthe “Company”) ~~Exhibits~~ received a letter of resignation from Maxim Scherbakov. Mr. Scherbakov informed the Company that, effective as of August 31, 2018, he resigned his position as a director on the Company’s Board of Directors. Mr. Scherbakov’s resignation was not as a result of any disagreements with the Company.

~~The~~MoneyOnMobile, ~~exhibits~~Inc. ~~listed~~(the in“Company”) ~~the~~received ~~following~~a ~~Exhibit~~letter ~~Index~~of ~~are~~resignation ~~filed~~from asGerald ~~part~~Ratigan. Mr. Ratigan informed the Company that, effective as of ~~this~~August ~~Current~~31, ~~Report~~2018, onhe ~~Form~~resigned ~~8-K~~his position as a SVP Finance and Chief Accounting Officer.

Exhibit No.		Description
99.1		Press Release - Rights Offering Termination

SIGNATURES

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

	MONEYONMOBILE, INC.	~~MONEYONMOBILE, INC.~~
Date: August 22, 2018		By:	/s/ Scott S. Arey
August 31, 2018	By:	/s/ Harold H. Montgomery
			Scott S. AreyChief Financial Officer
		Harold H. Montgomery
		Chief Executive Officer

Exhibits

Exhibit No.		Description
99.1		Press Release - Rights Offering Termination

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