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): August ~~March 16~~1, 2017

DEBT RESOLVE, INC.

(Exact Name of Registrant as Specified in Charter)

Delaware		001-33110		33-0889197
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1133 Westchester Avenue, Suite S-223

White Plains, New York

10604

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code: (914) 949-5500

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:

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

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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

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

CURRENT REPORT ON FORM 8-K

Debt Resolve, Inc.

~~March~~August 161, 2017

Item 25.02 ~~Results~~Departure of ~~Operations~~Directors ~~and~~or ~~Financial~~Certain ~~Condition~~Officers; Election of Directors: Appointment of Certain Officers; Compensation Arrangements of Certain Officers.

~~Today~~On July 31, 2017, the Debt Resolve, Inc. ~~issued~~announced athat ~~press~~Alfredo ~~release~~ (~~the “Press Release”~~Dino) ~~announcing~~DeAngelis ~~its~~has ~~earnings~~been ~~for~~elected to the ~~three~~Board ~~months~~of ~~ended~~Directors ~~December~~effective 31July 28, ~~2016~~2017. AMr. ~~copy~~DeAngelis has over 25 years of ~~the~~experience ~~Press~~in ~~Release~~corporate isand ~~being~~structured ~~furnished~~finance, ~~hereto~~including asrestructuring ~~Exhibit~~and 99turnaround management.1 ~~and~~He is, ~~hereby~~currently, ~~incorporated~~and byhas ~~reference~~been tofor ~~this~~the ~~Current~~last ~~Report~~eight years, a partner in Gapstone Group LLC, a Wall Street firm offering Corporate and Structured Finance Advisory Services, including Mergers and Acquisitions, Capital Markets solutions, and Bank Financing.

~~The~~Prior ~~information~~to ~~furnished~~joining ~~herein~~Gapstone, ~~including~~Dino ~~Exhibit~~was ~~99.1,~~a ~~shall~~Director ~~not~~at beMerrill ~~deemed~~Lynch ~~“filed”~~from ~~for~~1999 ~~the~~to ~~purposes~~2008, ofwhere ~~Section~~he 18was ofresponsible ~~the~~for ~~Securities~~their ~~Exchange~~large ~~Act~~structured offinance ~~1934,~~principal asbusiness. ~~amended~~Additional ~~(the~~experiences ~~“Exchange~~included ~~Act”),~~AIG orTrading ~~otherwise~~Group ~~subject~~from 1994 to ~~the~~1999 ~~liabilities~~and ofFidelity ~~that~~Investments ~~section,~~from ~~nor~~1991 ~~shall~~to it1994. beDino ~~deemed~~received ~~incorporated~~his byB.A. ~~reference~~and M.S. in ~~any~~Mechanical ~~filing~~Engineering ~~under~~at ~~the~~M.I.T. ~~Securities~~and ~~Act~~completed ofhis ~~1933,~~requirements asat ~~amended~~M.I.T. orfor ~~the~~a ~~Exchange Act~~PhD.

Mr. DeAngelis is replacing Gary T. Martin who is retiring from the Board after five years of unwavering support and service to the Company. There were no disagreements between Mr. Martin and the Company relating to the Company’s operations, policies or practices. Mr. DeAngelis will be joining the current Board members William Mooney Jr., Chairman, Bruce E. Bellmare, James Brakke, Raymond A. Conta, and Stanley E. Freimuth. We believe Mr. DeAngelis’ experience in financial restructuring, where he has represented the interests of issuers and investors, and turnaround management will greatly benefit the Company as it executes its new business strategy, as described in their recent public filings.

In connection with the joining the Board, Mr. DeAngelis was granted seven-year stock options to purchase 250,000 shares of the Company’s common stock at an exercise price equal to the closing price on July 28, 2017, the effective date.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable

(b) Not applicable

(d) Exhibits. The following exhibit is being furnished herewith:

99.1 Press Release dated ~~March~~August 161, 2017 issued by Debt Resolve, Inc.

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.

	DEBT RESOLVE, INC.
Date: March 16, 2017	By:	/s/ Bruce E. Bellmare
Date: August 1, 2017	By:	/s/ Bruce E. Bellmare
		Bruce E. Bellmare
		Chief Executive Officer, Chief Operating Officer and Acting Chief Financial Officer

Filing Compare · DEBT RESOLVE INC