The payload was missing require 'msf/core/handler/reverse_tcp', latest update pulled with msfupdate broke the startup of the framework, where you got this kind of an error:
!master ~/4tools/metasploit-framework> msfconsole
/home/tony/4tools/metasploit-framework/modules/payloads/singles/android/meterpreter_reverse_tcp.rb:28:in `initialize': uninitialized constant Msf::Handler::ReverseTcp (NameError)
from /home/tony/4tools/metasploit-framework/lib/msf/core/payload_set.rb:198:in `new'
from /home/tony/4tools/metasploit-framework/lib/msf/core/payload_set.rb:198:in `add_module'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/loading.rb:71:in `on_module_load'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/base.rb:182:in `load_module'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/base.rb:237:in `block in load_modules'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/directory.rb:55:in `block (2 levels) in each_module_reference_name'
from /var/lib/gems/2.3.0/gems/rex-core-0.1.2/lib/rex/file.rb:127:in `block in find'
from /var/lib/gems/2.3.0/gems/rex-core-0.1.2/lib/rex/file.rb:126:in `catch'
from /var/lib/gems/2.3.0/gems/rex-core-0.1.2/lib/rex/file.rb:126:in `find'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/directory.rb:46:in `block in each_module_reference_name'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/directory.rb:34:in `foreach'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/directory.rb:34:in `each_module_reference_name'
from /home/tony/4tools/metasploit-framework/lib/msf/core/modules/loader/base.rb:236:in `load_modules'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/loading.rb:117:in `block in load_modules'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/loading.rb:115:in `each'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/loading.rb:115:in `load_modules'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/module_paths.rb:41:in `block in add_module_path'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/module_paths.rb:40:in `each'
from /home/tony/4tools/metasploit-framework/lib/msf/core/module_manager/module_paths.rb:40:in `add_module_path'
from /home/tony/4tools/metasploit-framework/lib/msf/base/simple/framework/module_paths.rb:50:in `block in init_module_paths'
from /home/tony/4tools/metasploit-framework/lib/msf/base/simple/framework/module_paths.rb:49:in `each'
from /home/tony/4tools/metasploit-framework/lib/msf/base/simple/framework/module_paths.rb:49:in `init_module_paths'
from /home/tony/4tools/metasploit-framework/lib/msf/ui/console/driver.rb:204:in `initialize'
from /home/tony/4tools/metasploit-framework/lib/metasploit/framework/command/console.rb:62:in `new'
from /home/tony/4tools/metasploit-framework/lib/metasploit/framework/command/console.rb:62:in `driver'
from /home/tony/4tools/metasploit-framework/lib/metasploit/framework/command/console.rb:48:in `start'
from /home/tony/4tools/metasploit-framework/lib/metasploit/framework/command/base.rb:82:in `start'
from /home/tony/4tools/metasploit-framework/msfconsole:48:in `<main>'
Brent Cook
g0tmi1k
William Vu
sekritskwurl
Tim
Tonimir Kisasondi