UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): ~~September~~December 251, 2015

MONARCH AMERICA, INC.

(Exact Name of Registrant as Specified in Its Charter)

Nevada

(State or Other Jurisdiction of Incorporation)

333-179390		99-0372219
(Commission File Number)		(IRS Employer Identification No.)

1150 W. Custer Place

Denver, CO 80223

(Address of Principal Executive Offices, Zip Code)

(844) 852-1537

(Registrant's Telephone Number, Including Area Code)

~~-----------------------------------------------------------------------~~ ________________________________________________

(Former Name or Former Address, 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 (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-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))

Section 31. -Registrant's ~~Securities~~Business and ~~Trading Markets~~Operations

Item 31.0201 ~~Unregistered~~Entry ~~Sales~~into ofa ~~Equity~~Material ~~Securities~~Definitive Agreement.

~~The disclosure~~On ~~set forth below under Item 5.02~~December ~~(Departure~~4, of2014, ~~Directors~~Monarch orAmerica, ~~Certain~~Inc. ~~Officers;~~(the ~~Election~~"Company") ofentered ~~Directors;~~into ~~Appointment~~a ofSettlement ~~Certain~~Agreement ~~Officers;~~and ~~Compensatory~~Release ~~Arrangements~~with ofGlamis ~~Certain~~Capital ~~Officers)~~SA ~~above~~(the is"Lender") ~~incorporated~~with byrespect ~~reference~~to ~~into~~the ~~this~~$1,482,801 ~~Item~~of ~~3.02.~~principal ~~The~~due ~~shares~~to ofthe ~~common~~Lender ~~stock~~pursuant ~~described~~to inthe ~~Item~~terms ~~5.02~~of ~~above~~the ~~were~~promissory ~~offered~~note ~~and~~(the ~~sold~~"Note") ininitially ~~reliance~~reported ~~upon~~on ~~exemptions~~the ~~from~~Current ~~registration~~Report ~~pursuant~~on toForm ~~Section~~8-K ~~4(2)~~filed ~~under~~by the ~~Securities~~Company ~~Act~~with ofthe ~~1933,~~Securities asand ~~amended,~~Exchange ~~and~~Commission ~~Rule~~on ~~506~~December ~~promulgated~~12, ~~thereunder~~2014.

~~Section~~The 5Company agreed to make a one-time ~~Corporate~~cash ~~Governance~~payment of $350,000 to the Lender no later than 7 business days after the Company sells its personal property at 1150 Custer Place, Denver, Colorado. If said payment is not made by January 31, 2016, then at the option of the Lender the Company shall either issue to the Lender (i) a 10% note in said amount, due on 10 days' notice and ~~Management~~secured by said personal property or (ii) shares of common stock of the Company totaling $350,000. In addition, the Company agreed to make 8 monthly cash payments to the Lender starting April 1, 2016 - $20,000 for the first two payments; $30,000 the next two payments; $40,000 for the first next payments; and $50,000 for the last two payments.

The Company also agreed to convert $125,000 of the principal amount to the Lender to shares for December 2015 and January 2016 and $100,000 for each of the next 10 months. The conversion price shall be at a 50% discount of the lowest bid price during the 15 days prior to the conversion date (the 1^st and 15^th of each month). When the Lender has sold all such shares, the Lender shall provide a full accounting on all monies received – if said amount is more than $50,000 than the amount contemplated in the agreement of $1,880,000, then the Lender shall not be entitled to any future proceeds. If the total amount is less than $1,880,000 then the Company has to issue additional shares until the total received by the Lender is equal to or at least $1,880,000.

The Lender agreed that any legal opinions it requests to remove the restrictive legend from the shares issued shall be at the cost of the Lender.

For all the terms and conditions of the Settlement Agreement and Release, reference is hereby made to such agreements annexed hereto as Exhibit 10.28. All statements made herein concerning the agreement are qualified by reference to said Exhibit.

Section 2 – Financial Information

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement.

The information contained in Item 1.01 of this Current Report is incorporated by reference in this Section 2.04.

On December 1, 2015 the Company and 5110 Race LLC, the lessor or sub-landlord, received a Demand for Rent or Possession from Custer Place LLC, the landlord on 1150 W. Custer Place, Denver, Colorado, seeking the amount of $137,725. Said amount represents the amount of rent not paid to the landlord for the last four months.

As previously reported, the Company's consulting client at the warehouse, Green Sky, had been unable to obtain a license to grow cannabis at the facility, which has led to the Company not being able to collect management and consulting fees from Green Sky. Although the Company has been aggressively working towards selling its tenant improvements at the facility, the Company has not paid rent for the past four months. If the landlord is successful at evicting the tenants at the facility, the Company is not only responsible for the back rent but has the risk that it will not recoup the cost of the capital improvements it made in the facility of approximately $550,000.

Section 5 - Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~Effective~~The asCompany ofreceived ~~September~~notification 25on December 7, 2015 ~~but~~from ~~only~~Shaun ~~authorized~~Snowden bythat he resigned as the ~~Board~~Chief ofFinancial ~~Directors~~Officer of ~~Monarch~~the ~~America,~~Company. ~~Inc~~Mr. (Snowden's resignation was not due to a disagreement with the "Company") ason any matter relating to the Company's operations, policies or practices. We are providing Mr. Snowden with a copy of ~~October~~this 22Current Report concurrent with this filing. Should any subsequent communications with him regarding his decision to resign reveal any disagreement between him, ~~2105~~on one hand, and the ~~Board~~Company, ~~appointed~~on ~~Shaun~~the ~~Snowden~~other ashand, the ~~Chief~~Board ~~Financial~~or ~~Officer~~any executive officer of the Company regarding our operations, policies or practices, we will amend this Report accordingly to disclose any such disagreement.

Shaun Snowden, 26, is a graduate of the University of Denver with a Bachelor's of Science in Accounting (2011) and a Master's of Accountancy (2012). Mr. Snowden began his career in accounting with internships with DCT Industrial, Inc. (July - December 2010), Grant Thornton, LLP (December 2010 - March 2011), and KPMG, LLP (June -August 2010), After graduation, he earned his Certified Public Accountant (CPA) and Certified Management Accountant (CMA) licenses while working at KPMG, LLP as an auditor. Mr. Snowden left public accounting to work in industry at Oppenheimer Funds, Inc. in October 2013, where he was responsible for accounting for corporate investments, financial statement preparation and presentation, and consolidation accounting. While working at Oppenheimer Funds, he passed Level I of the Chartered Financial Analyst exam. After a about a year, Mr. Snowden went to work at the Denver Hospice in December 2014, a local nonprofit, where he gained perspectives into full cycle accounting, budgeting, financial statement preparation and presentation, and process management and redesign.

Mr. Snowden has not been affiliated with any company that has filed for bankruptcy within the last five years. Mr. Snowden does has any familial relationships with any of the directors or executive officers of the Company. There were no transactions or any proposed transactions, to which the Company was or is to be a party, in which Mr. Snowden had or is to have a direct or indirect material interest, other than as described in this Current Report.

Compensation Arrangement

For his services as the Chief Financial Officer to the Company, Mr. Snowden was granted 1,000,000 shares of common stock.

Pursuant to the terms of his employment agreement, Mr. Snowden is entitled to an annual base salary of $82,000, to be paid in equal biweekly installments. Notwithstanding, Mr. Snowden's employment with the Company constitutes an "at-will".

For all the terms and conditions of the agreements with Mr. Snowden, reference is hereby made to such agreements annexed hereto as Exhibit 10.27. All statements made herein concerning the employment agreement is qualified by reference to said Exhibit.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.27		Agreement dated August 26, 2015 between Monarch America, Inc. and Shaun Snowden
10.28		Settlement Agreement and Release dated as of December 4, 2015 by and between Monarch AmericAmerica, Inc. and Glamis Capital SA

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.

	MONARCH AMERICA, INC.
Date: October 27, 2015	By:	/s/ Eric Hagen
Date: December 11, 2015	By:	/s/ Eric Hagen
	Name:	Eric Hagen
	Title:	President and Chief Executive Officer

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