Mike Palacio has signed with FK Radnicki Obrenoav of Serbia. http://liroughriders.com/home/359222.html http://bigapplesoccer.com/teams/redbulls2.php?article_id=19927
FK Radnički Obrenovac are a third division side. The Serbian league after the second division is divided regionally. They're in the region with mostly all teams from Belgrade.
Here is the story of how he ended up in Serbia. Apparently largely due to his agent vanishing after luring the guy to Europe for imaginary trials with teams in Denmark.
It looks like he's no longer with the club: The club is so far left the first American in the history of Radnicki Mike Pallacio, so coach Veselinovic has made available 23 players that will go into the preparations for the new season. The club is very active in the transfer window and was looking for reinforcements. http://www.fkradnickiobrenovac.com/index.php/en/vesti.html
He officially signed with the Strikers a week ago. The article says he spent 2 seasons with Radnicki Obrenovac.