UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 orOR 15(d) of ~~the~~The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)~~: November~~ 25January 5, ~~2014~~2016

CREDIT ONE FINANCIAL, INC. (Exact name of registrant as specified in its charter)

(Exact name of registrant as specified in its charter)



Florida	000-50320	59-3641205
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
incorporation)		Identification No.)

Florida		000-50320	59-3641205
80 Wall Street, Suite 818, New York, NY	10005
(State or other jurisdiction of incorporation)		(Commission File Number)	(IRS Employer Identification No.)
(Address of principal executive offices)	(Zip Code)
Registrant’s telephone number, including area code	212-809-1200

80 Wall Street, Suite 818, New York, NY		10005
(Address of principal executive offices)		(Zip Code)

N/A
(Former name or former address, if changed since last report)

~~(212)~~Check ~~809~~the appropriate box below if the Form 8-~~1200~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~(Registrant’s~~[ ] ~~telephone~~Written ~~number,~~communications ~~including~~pursuant ~~area~~to ~~code~~Rule 425 under the Securities Act (17 CFR 230.425)

~~N/A~~[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~(Former~~[ ] ~~name~~Pre-commencement orcommunications ~~former~~pursuant ~~address,~~to ifRule ~~changed~~14d-2(b) ~~since~~under ~~last~~the ~~report~~Exchange Act (17 CFR 240.14d-2(b))

~~Check~~[ ] ~~the appropriate box below if the Form 8~~Pre-Kcommencement ~~filing~~communications ispursuant ~~intended~~ to ~~simultaneously~~Rule ~~satisfy~~13e-4(c) ~~the filing obligation of the registrant~~ under ~~any of~~ the ~~following~~Exchange ~~provisions~~Act (~~see~~17 ~~General~~CFR ~~Instruction A~~240.~~2 below~~13e-4(c): )

¨Item ~~Written~~4.01. ~~communications~~Changes ~~pursuant~~in toRegistrant’s ~~Rule~~Certifying ~~425 under the Securities Act (17 CFR 230~~Accountant.~~425)~~

¨(a) Resignation ~~Soliciting~~of ~~material~~independent ~~pursuant~~registered topublic ~~Rule~~accounting ~~14a-12 under the Exchange Act (17 CFR 240.14a-12)~~firm

¨Moss, ~~Pre-commencement~~Krusick ~~communications~~& ~~pursuant~~Associates, toLLC ~~Rule 14d-2~~(b“Moss, Krusick”), ~~under~~ the ~~Exchange~~independent ~~Act~~registered ~~(17~~public ~~CFR~~accounting ~~240~~firm of Credit One Financial, Inc.~~14d-2~~ (bthe “Company”)) resigned as the Company’s auditors, effective January 5, 2016. The reports of Moss, Krusick on the Company’s financial statements as of and for the years ended December 31, 2014 and December 31, 2013, contained no adverse opinion or disclaimer of opinion nor was qualified or modified as to uncertainty, audit scope, or accounting principle.

¨During ~~Pre-commencement~~the ~~communications~~Company’s ~~pursuant~~two most recent fiscal years ended December 31, 2014, and the subsequent period through January 5, 2015, there were no disagreements between the Company and Moss, Krusick on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to ~~Rule~~Moss, ~~13e-4(c)~~Krusick’s ~~under~~satisfaction, would have caused them to make reference to the ~~Exchange~~subject ~~Act~~matter ~~(17~~of ~~CFR~~the ~~240.13e-4~~disagreement in connection with their reports on the Company’s financial statements for such years or periods; and there were no reportable events as described in Item 304(ca)(1)(v) of Regulation S-K.

~~Item~~The 1Company provided Moss, Krusick with a copy of the foregoing disclosures.~~01.~~ Attached ~~Entry~~as ~~into~~Exhibit 16 is a ~~Material~~copy ~~Definitive~~of ~~Agreement~~Moss, Krusick’s letter to the Securities and Exchange Commission, dated January 5, 2016, stating its agreement with such statements.

~~On August 27, 2010, CEM International Ltd.~~ (~~“CEM”~~b), aNew ~~wholly~~independent ~~owned~~registered ~~subsidiary~~public ofaccounting Credit One Financial, Inc., entered into an Exclusive Advertising Agreement with Macau Lotus Satellite TV Media Limited (“Lotus TV”) (the “2010 Agreement”), whereby Lotus TV appointed CEM as its exclusive agent to operate all of its advertising businesses. In consideration for Lotus TV’s grant of the advertising rights, CEM agreed to extend to Lotus TV, interest free, a credit facility consisting of a series of loans totaling a minimum of $15 million over a period of ten years. As of November 25, 2014, the remaining loan balance owed by Lotus TV to CEM was $78,802,425 Hong Kong dollars, or approximately $10.14 million US dollars.firm

On ~~November~~January 255, ~~2014~~2016, ~~CEM amended~~ the ~~2010~~Board ~~Agreement~~of ~~with~~Directors ~~Lotus TV whereby Lotus TV agreed to accelerate its repayment~~ of the ~~loan~~Company ~~balance~~engaged inGBH ~~annual~~CPAs ~~instalments~~PC of ~~US$2~~Houston,~~000,000~~ ~~each~~Texas ~~starting~~(“GBH”) ~~from~~as ~~2015 until~~ the ~~entire~~Company’s ~~remaining~~new ~~loan~~independent ~~balance~~public ~~shall~~accounting ~~have~~firm. The ~~been~~engagement ~~paid~~of inGBH ~~full,~~was ~~and~~approved ~~CEM agreed to forego its exclusive advertising rights granted~~ by ~~Lotus~~the ~~TV,~~Board ~~but~~of ~~remain~~Directors asof ~~Lotus~~the ~~TV’s preferred advertising agent~~Company.

~~SIGNATURES~~During the Company’s two most recent fiscal years ended December 31, 2014, and the subsequent period through January 5, 2016, neither the Company nor anyone on its behalf did consult with GBH with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, or any other matters or reportable events as set forth in Item 304(a)(2) (i) and (ii) of Regulation S-K.

~~Pursuant~~Item to9.01 ~~the~~Financial ~~requirements~~Statements ofand ~~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~~Exhibits.

~~CREDIT~~(d) ~~ONE FINANCIAL, INC.~~Exhibits

~~/s/ Dicky Cheung Dicky Cheung President & CEO~~16.

~~Date:~~Letter ~~November~~from 26Moss, ~~2014~~Krusick & Associates, LLC. to the Securities and Exchange Commission dated January 5, 2016.

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.


		CREDIT ONE FINANCIAL, INC


Dated: January 6, 2016	By:		/s/ Dicky Cheung
			Dicky Cheung
			Chief Executive Officer

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