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

~~May~~June 2516, 2016

Date of Report (Date of earliest event reported)

MULTIMEDIA PLATFORMS, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-33933

88-0319470

(State or other jurisdiction

of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

2929 East Commercial Blvd, Suite PH-D

Fort Lauderdale, FL 33308

(Address of principal executive offices)

(954) 440-4678

(Registrant's telephone number, including area code)

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)).

Item 1.01 Entry into Material Definitive Agreement.

As previously disclosed in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on December 22, 2015, Multimedia Platforms, Inc. a Nevada corporation (the "Company"), entered into a securities purchase agreement dated as of December 15, 2015 (the "Purchase Agreement") with Firstfire Global Opportunities Fund, LLC (the "Purchaser"), pursuant to which the Purchaser invested $160,000 in exchange for a Senior Convertible Promissory Note (the "Note") in the principal amount of $176,000 (the "Principal Amount") and warrants to purchase an aggregate of 176,000 shares (the "Warrant Shares") of the Company's common stock, par value $0.001 per share (the "Common Stock"), for an exercise price of $0.40 per share for a period of five (5) years (the "Warrants").

On June 16, 2016, the Company entered into an amendment and waiver agreement (the "Amendment") with the Purchaser. The Amendment waives through June 16, 2016 any default or event of default under the Purchase Agreement and the Note.

Pursuant to the terms of the Amendment, the Principal Amount of the Note shall be increased by $20,000 and the maturity date of the Note shall be extended from June 16, 2016 to July 13, 2016. In addition, the conversion price of the Note shall be equal to $0.02 if an event of default (as defined in the Note) or breach of any terms of the Amendment occurs.

The Amendment further provides that the Company shall issue to the Purchaser an additional warrant to purchase 400,000 shares of the Company's Common Stock, at an exercise price of $0.30 per share for a period of five (5) years (the "Additional Warrant").

The Additional Warrant was issued in reliance upon exemptions from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act") and Rule 506 of Regulation D promulgated thereunder ("Regulation D"). The Company made this determination based on the representations of the Purchaser which included, in pertinent part, that the Purchaser was an "accredited investor" within the meaning of Rule 501 of Regulation D and upon such further representations from the Purchaser that (i) the Purchaser is acquiring the securities for its own account for investment and not for the account of any other person and not with a view to or for distribution, assignment or resale in connection with any distribution within the meaning of the Securities Act, (ii) the Purchaser agrees not to sell or otherwise transfer the Securities unless they are registered under the Securities Act and any applicable state securities laws, or an exemption or exemptions from such registration are available, (iii) the Purchaser has knowledge and experience in financial and business matters such that it is capable of evaluating the merits and risks of an investment in the Securities and (iv) the Purchaser is able to bear the economic risk of an investment in the Securities and could afford the complete loss of such investment. In addition, there was no general solicitation or advertising for the Securities issued in reliance upon Regulation D.

The foregoing is a summary of the Amendment and is qualified in its entirety by reference to the full text of the amendment, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

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

The disclosure set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Item 3.02 Unregistered Sales of Equity Securities.

The disclosure set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.

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

On June 329, 2016, ~~Multimedia~~Patrick ~~Platforms,~~Kolenik ~~Inc.~~tendered ~~(the~~his ~~"Company")~~resignation ~~named Robert Blair~~ as ~~Chairman~~a member of the ~~Board~~board of ~~Directors~~directors ~~(the "Board")~~ of the Company, ~~effective~~and ~~May~~all ~~25,~~other ~~2016.~~positions C.to ~~Lawrence~~which ~~Rutstein,~~he ~~71,~~may ~~decided~~have tobeen ~~retire~~assigned, ~~and~~regardless ~~step~~of ~~down~~whether ashe ~~the~~served ~~Chairman~~in ofsuch ~~the~~capacity, ~~Board~~ effective ~~May~~immediately. ~~25,~~The ~~2016.~~resignation ~~Rutstein~~of ~~will~~Mr. ~~remain~~Kolenik asis anot ~~member~~the result of ~~the~~any ~~Board~~disagreement ~~for~~with athe ~~period~~Company ofon 90any ~~days~~matter relating to ~~assist~~the ~~with~~Company's ~~the~~operations, ~~transition~~policies ofor ~~management~~practices.

OnItem ~~May 25, 2016, Robert Blair tendered his resignation as Chief Executive Officer of the Company, effective immediately~~9.01 ~~The~~Financial ~~resignations~~Statements ~~of Mr. Rutstein~~ and MrExhibits. ~~Blair are not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.~~

~~The~~(d) ~~Board elected Robert Weiss as President and Chief Executive Officer, effective May 25, 2016~~Exhibits. ~~Mr. Weiss was also elected to be a Director of the Company.~~

The Board also elected Peter Frank as a Director of the Company, effective May 25, 2016. Mr. Frank was appointed as Chief Financial Officer of the Company effective May 9, 2016. The biographical information of Mr. Frank and Mr. Blair has been listed on the Company's previous SEC filings.

Exhibit No.		Description
4.1		Senior Convertible Promissory Note, issued December 16, 2015 (incorporated herein by reference to Exhibit 4.1 to the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on December 22, 2015)
4.2		Common Stock Purchase Warrant, issued June 16, 2016*
10.1		Securities Purchase Agreement, dated December 15, 2015 (incorporated herein by reference to Exhibit 10.1 to the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on December 22, 2015)
10.2		Amendment and Waiver Agreement, dated June 16, 2016, entered into by and between the Company and Firstfire Global Opportunities Fund, LLC*
17.1		Letter of Resignation from Patrick Kolenik, dated June 29, 2016*

~~The biographical information of Mr. Weiss is listed below:~~_____

~~Robert~~ * ~~Weiss~~filed ~~is an entrepreneurial operating executive with a track record of successfully building and growing companies at the intersection of media and technology~~herewith. ~~A digital media pioneer, Weiss has led companies to aggressively pursue new technologies, emerging media platforms and innovative ways to monetize content.~~

Since May 2014, Weiss has served as the Chief Executive Officer of The Arpanet Group, a next-generation digital/social media advisory company providing revenue strategies, thought leadership, and growth roadmaps for technology-driven start-ups and early-stage companies that want to disrupt the global media landscape.3

Before launching The Arpanet Group, Weiss was the Chief Creative Officer at Ovation from October 2012 to March 2014 – the nation's only media network devoted to the Arts. Under Weiss's leadership, Ovation modernized its digital/social media operations; Ovation launched its first in-house multiplatform content studio, Ovation Studios; and Ovation achieved the highest household ratings in its 7-year history. SIGNATURES

~~Prior~~Pursuant to ~~Ovation,~~the ~~Weiss~~requirements ~~was~~of ~~Chief~~the ~~Operating~~Securities ~~Officer~~Exchange atAct ~~EQAL~~of ~~from July 2011 to December 2012~~1934, ~~one~~the ofregistrant ~~Hollywood's~~has ~~top~~duly ~~digital~~caused ~~media~~this ~~companies~~report ~~that~~to ~~monetized~~be ~~influencer~~signed ~~and~~on ~~lifestyle~~its ~~networks~~behalf ~~around~~by ~~celebrities.~~the ~~Weiss oversaw a portfolio of more than 150 digital and social media properties. In less than 2 years~~undersigned, ~~Weiss~~thereunto ~~exponentially~~duly ~~grew EQAL's business and then helped orchestrate its successful sale~~authorized.

Prior to his tenure at EQAL, Weiss was CEO of Parkwood Media Ventures. This future-focused media incubator identified and helped develop a diverse portfolio of content-centric entertainment businesses that spanned from digital/social start-ups to an international IP distribution venture.

	MULTIMEDIA PLATFORMS, INC.

Date: July 5, 2016	By:	/s/ Robert Weiss
		Robert Weiss
		Chief Executive Officer

Before working as a media entrepreneur, Weiss served as a senior executive for VH1, FX and the music network FUSE. While leading FUSE – ratings doubled, web traffic quadrupled, ad sales doubled, and the cable network became the #1-ranked channel in audience concentration of 12-34 year olds.4

Weiss is also a former reporter for the Los Angeles Times and producer for the "TODAY" show.

Weiss graduated with a Bachelor of Science degree from Northwestern University's Medill School of Journalism.

Family Relationships

There are no family relationships between any of the Company's directors or officers.

Related Party Transactions

There are no related party transactions reportable under Item 5.02 of the Form 8-K and Item 404(a) of Regulation S-K.

Material Plans, Contracts, or Arrangements

Robert Weiss's Employment Agreement

The Company entered into an employment agreement with its Chief Executive Officer, Robert Weiss, on June 3, 2016, to memorialize the terms and conditions of Mr. Weiss' employment with the Company effective May 25, 2016.

The term of the agreement is for a period of three years. Under the agreement, Mr. Weiss is entitled to an annual salary of $250,000 and agrees to defer and accrue this full base salary through December 31, 2016. During this deferment period, the Company will pay Mr. Weiss a total of $1 each day for his services. Additionally, the Company agreed to grant Mr. Weiss a fully-vested stock option to purchase 1,000,000 shares of the Company's common stock with a strike price of $0.03, in consideration for deferring and accruing his base salary. For each calendar year that he is employed by the Company, Mr. Weiss is eligible to receive an annual cash incentive bonus, an annual merit-based equity bonus, as well as a discretionary bonus. In addition, the Company agreed to grant Mr. Weiss stock option to purchase 3,000,000 shares of the Company's common stock with a strike price of $0.03, vesting in equal monthly amount over the three years employment period.

The agreement provides for severance payments in the event the Company terminates employment without "Cause" (capitalized term as defined in the employment agreement). Mr. Weiss's severance payment consists of: (A) a cash amount equal to 2 times the current calendar year's base salary, or equal to the remaining base salary owed under the agreement, whichever is greater (B) acceleration to 100% vested status for all stock, stock option and other equity awards currently held and (C) prorated annual bonus for the year in which the date of termination occurs, which amount shall be determined based on attainment of the performance objectives and the number of days that Executive was employed by the Company during the year of termination.

If Mr. Weiss's employment is terminated due to voluntary resignation by Mr. Weiss or for Cause by the Company, then no severance is due to Mr. Weiss under the employment agreement.

The foregoing description of the employment agreement is qualified in its entirety by reference to the full text of the employment agreement, which is attached as Exhibit 10.1 to this report and is incorporated in this report by reference.

Robert Blair's Employment Agreement

The Company entered into certain employment agreement, dated as of June 26, 2015, with Robert Blair as the Company's Chief Executive Officer, which was subsequently amended. As Mr. Blair resigned as Chief Executive Officer and appointed as Chairman of the Board, on June 2, 2016, the Company entered into a revised employment agreement with Mr. Blair.

The term of the agreement is for a period of three years and shall be automatically renewed for successive one year unless notice of non-renewal is given by either party at least 30 days before the end of the term.

Under the agreement, Mr. Blair is entitled to an annual salary of $250,000 within a minimum of $25,000 increase at the end of the twelve months period. Mr. Blair is also eligible to receive an annual cash incentive bonus for each calendar year he is employed by the Company and milestone bonus which shall equal to 75% of such bonuses awarded to the chief executive officer. Additionally, the Company agreed to grant Mr. Blair a stock option to purchase 4,000,000 shares of the Company's common stock at an exercise price per share equal to the fair market value of the Company's common stock as of the date of grant once the Company adopts an equity compensation plan and completes any required or necessary regulatory filings and approvals, as applicable, with respect to such a plan. Stock options to purchase 2,000,000 shares shall be vested as of the date of the agreement and the remaining 2,000,000 shares shall vest in approximately equal increments monthly beginning one month from the date of the agreement for a period of 12 months.

The agreement provides for severance payments in the event the Company terminates employment without "Cause," Mr. Blair terminates employment for "Good Reason, non-renewal of the employment by the Company, or as a result of Change of Control (each capitalized term as defined in the employment agreement). Mr. Blair's severance payment consists of: (A) a cash amount equal to 2 times the current calendar year's base salary, (B) acceleration to 100% vested status for all stock, stock option and other equity awards currently held and (C) prorated annual bonus for the year in which the date of termination occurs, which amount shall be determined based on attainment of the performance objectives and the number of days that Executive was employed by the Company during the year of termination.

If Mr. Blair's employment is terminated due to non-renewal of the employment agreement by Mr. Blair, voluntary resignation by Mr. Blair without Good Reason or for Cause by the Company, then no severance is due to Mr. Blair under the employment agreement.

The foregoing description of the employment agreement is qualified in its entirety by reference to the full text of the employment agreement, which is attached as Exhibit 10.2 to this report and is incorporated in this report by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

10.1		Employment Agreement by and between the Company and Robert Weiss
10.2		Employment Agreement by and between the Company and Robert Blair

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, thereunto duly authorized.

	MULTIMEDIA PLATFORMS, INC.
Date: June 6, 2016	By:	/s/ Robert Weiss
		Robert Weiss
		Chief Executive Officer

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