8-K

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):  October 18, 2011

MACROSOLVE, INC.

(Exact name of registrant as specified in its charter)

Oklahoma	333-150332	73-1518725
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1717 South Boulder Ave. Suite 700, Tulsa, Oklahoma 74119

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (918) 280-8693

Copy of correspondence to:

Gregory Sichenzia, Esq.

James M. Turner, Esq.

Sichenzia Ross Friedman Ference LLP

61 Broadway, 32nd Floor

New York, New York 10006

Tel:  (212) 930-9700   Fax:  (212) 930-9725

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):

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))

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ITEM 8.01                      Other Events.

On October 18, 2011, MacroSolve, Inc. (the “Company”), issued a press release announcing an open letter to the shareholders of the Company.  A copy of the press release and shareholder letter that discusses these matters are filed respectively as Exhibits 99.1 and 99.2, to, and incorporated by reference in, this report. The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as shall be expressly set forth by specific reference in any such filing.

ITEM 9.01                      Financial Statements and Exhibits.

(d)           Exhibits.

99.1 Press Release, dated October 18, 2011, issued by MacroSolve, Inc.

99.2 Letter to Shareholders, dated October 18, 2011

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SIGNATURE

Pursuant to the requirement 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.

	MACROSOLVE, INC.
Date:  October 18, 2011	By:	/s/ STEVE SIGNOFF
		Steve Signoff
		Chief Executive Officer

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EX-99.1

Exhibit 99.1

MacroSolve Issues Letter to Shareholders

Significant update on patent monetization and overview of business growth strategy

TULSA, Okla., October 18, 2011 – MacroSolve, Inc. (OTCPK:MCVE) (OTCQB:MCVE) (“MacroSolve” or the “Company”), a leading provider of mobile technologies, apps and solutions for business, today announced it has issued a letter to its shareholders.

Shareholders and prospective investors may view the letter in full at: http://www.macrosolve.com/about/investors/

The letter provides further details on the following business catalysts:

·   MacroSolve has already reached settlement agreements with several of the 37 companies against which it has filed patent infringement suits.

·   Licensing discussions are underway with the remaining majority of these companies.

·   The most recent lawsuits filed are against companies including AT&T, Citigroup, Dell, Groupon, and Living Social.

·   MacroSolve has filed one additional patent application in the third quarter and plans to pursue further filings in the future;

·   Distribution and partnership agreements have been established with some of the largest names in advertising and branding including Donald Trump Jr. and The Richards Group;

·   The Company has added management depth and talent including Steve Signoff as CEO and Howard Janzen as Chairman of the Board.

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About MacroSolve

MacroSolve, Inc. is a pioneer in delivering mobile apps, technologies, and solutions to businesses and government. Founded in 1997, the Company has an extensive network including the top name brands in wireless hardware and software as well as wireless carriers. Leveraging its intellectual property portfolio, MacroSolve is positioned to become a leader in the mobile app space, projected to become a $17.5 billion market by 2012 according to Chetan Sharma Consulting. For more information, visit MacroSolve (http://www.macrosolve.com) or call 800-401-8740.

Safe Harbor Statement

This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports.   Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

Investor Contact:

Laurel Moody

646-810-0608

lmoody@corporateprofile.com

Company Contact:

info@macrosolve.com

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EX-99.2

Exhibit 99.2

To:  The Shareholders of MacroSolve, Inc.

From:  The Board of Directors of MacroSolve, Inc. (“MacroSolve”)

Subject:  Business Update

Date:  October 18, 2011

We are pleased to report significant progress on our execution strategy for revenue generation both through our patent monetization efforts, and through the development of MacroSolve’s sales and distribution channels for our suite of mobile app solutions based on our landmark mobile app patent.

·   We have already reached settlement agreements with several of the 37 companies against which we’ve filed infringement suits.

·   Licensing discussions are underway with the remaining majority of these companies.

·   The most recent lawsuits filed are against companies including AT&T, Citigroup, Dell, Groupon, and Living Social.

Building our intellectual property portfolio is a key component of our growth strategy. As such, we’ve filed one additional patent application in the third quarter and we plan to pursue further filings in the future.

We have recently issued several news releases which reflect encouraging developments at MacroSolve.  The key pillars of our growth strategy are:

·   Growing high-margin revenues via the combination of distribution agreements, our expanding portfolio of products, and leveraging our ReFormXT™ rapid application development platform;

·   Monetizing our intellectual property; and

·   Adding to our management strength and increasing the involvement of the Board of Directors.

We are rebounding despite a difficult economy and are seeing the potential for continued growth of revenues in 2011. The following are some relevant business highlights to date in 2011:

·   Business is trending upwards during the second half of 2011 and we are expanding our workforce for the first time since the 2008 U.S. economic collapse. MacroSolve is benefiting from the explosive growth of mobile computing technology and mobile software sales being led by iPhone, iPad and Android. We expect to see the trend toward mobile products continue. Indeed, the following forecasts match our expectations:

·   50 Billion mobile app downloads in FY2012 (GetJar)

·   $35 Billion app market by FY2014 (IDC)

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·   Earlier this year, we announced a partnering relationship with the largest independent agency, The Richards Group and its Click Here division, which enhances our offerings with world class digital agency services. In parallel, we have announced new products with an expanding number of resellers in North America and Europe. The foundation of new products, valued digital services and a sales distribution network has uniquely positioned the company for substantial revenue growth at a lower sales and operations expense.

·   We announced a partnering relationship with Donald Trump Jr. on October 11, 2011. This relationship addresses access to large enterprises worldwide. A meeting was held on October 12, 2011 at which MacroSolve and Mr. Trump set initial goals to be achieved going forward. We are very optimistic about the potential that may be unlocked with this relationship.

·   As a first step in adding management strength, Howard Janzen assumed the position of Chairman of the Board, bringing over 30 years of experience in the telecommunications and energy industries with him, including positions as CEO of Williams Communications, President of Sprint Business, and CEO of One Communications. Howard replaces James C. McGill, who continues as a director and Vice Chairman of MacroSolve with a focus on monetization of intellectual property and assisting in M&A activities.

·   The management team was further enhanced by the addition of Steve Signoff, who joined MacroSolve as Chief Executive Officer. Steve brings over 20 years of experience in sales, marketing, and executive leadership with Fortune 250 and Fortune 1000 companies including Sprint and One Communications, as well as at technology start-up companies. Steve replaces Clint Parr, who now focuses on strategic partnerships such as The Richards Group’s Click Here, Mr. Trump, and major reseller relationships.

·   We have raised funds in a private placement to help with implementing our business strategy. With the management team and several important relationships in place, the added funds will provide management the flexibility to move forward.

We appreciate the support of our shareholders and are determined to deliver an attractive return on your investment.

Yours very truly,

The Board of Directors of MacroSolve, Inc.

Howard Janzen

Chairman

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