UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549



FORM
10-K/A



AMENDMENT
NO. 1



[X]ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the fiscal year ended January 31, 2014



or



[  ]
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the transition period from ______________ to ______________



Commission
file number 333-187669



|ALPHALA
    CORP.                                         
|----------------------------------------------------------
|(Exact name
    of registrant as specified in its charter)





|Nevada                                                                                  |  | 68-0682594                              
|--------------------------------------------------------------------------------------- |  | ----------------------------------------
|(State
    or other jurisdiction of incorporation or organization)                      |  | (I.R.S.
    Employer Identification No.)
|                                                                                        |  |                                         
|203
                                         – 29 Gervais DriveToronto, Ontario, Canada |  | M3C
    1Y9                             
|(Address
    of principal executive offices)                                            |  | (Zip
    Code)                          



(416)
444-4427

(Registrant’s
telephone number, including area code)



Securities
registered pursuant to Section 12(b) of the Act:



|None                    |  | N/A                                          
|----------------------- |  | ---------------------------------------------
|Title
    of each class |  | Name
    of each exchange on which registered



Securities
registered pursuant to Section 12(g) of the Act:



None

(Title
of class)



Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [  ]
No [X]



Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes [  ]
No [X]



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [  ]



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes[  ]
No [  ]



Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not
contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X]



Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act.



|Large
    accelerated filer [  ] |  | Accelerated
    filer [  ]       
|-------------------------------- |  | ---------------------------------
|Non-accelerated
    filer [  ]   |  | Smaller
    reporting company [X]



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).

Yes
[  ] No [X]



State
the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price
at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day
of the registrant’s most recently completed second fiscal quarter. $60,000 as of July 30, 2013



Indicate
the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date.
250,800,000 as of May 16, 2014



List
hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into
which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3)
Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described
for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980). None


















EXPLANATORY
NOTE



This
Amendment No. 1 to the annual report on Form 10-K of Alphala Corp. (“we”, “our”, “us”) for
the year ended January 31, 2014 and filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2014
(the “Form 10-K”), is being filed for the purpose of including the reports of our current and former auditors that
were omitted from the Form 10-K due to our inability to obtain the consent of our former auditors to include their report in the
Form 10-K in a timely manner. It is also being filed for the purpose of including the fees of our former auditors in Item 14 that
we were unable to obtain for the same reason.



No other changes
have been made to the Form 10-K. This Amendment No. 1 to the Form 10-K speaks as of the filing date of the Form 10-K, does not
reflect events that may have occurred subsequent to the original filing date, and does not modify or update any related disclosures
made in the Form 10-K.





2







Item
8. Financial Statements and Supplementary Data





ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

Audited
Financial Statements



TABLE
OF CONTENTS



|                                                                                                                                                                                                                                                                                      |  | Page
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ----
|                                                                                                                                                                                                                                                                                      |  |     
|REPORT
                                         OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                                                                                                                                                      |  | F-1 
|                                                                                                                                                                                                                                                                                      |  |     
|REPORT
    OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                                                                                                                                                                                           |  | F-2 
|                                                                                                                                                                                                                                                                                      |  |     
|AUDITED
    FINANCIAL STATEMENTS                                                                                                                                                                                                                                                      |  |     
|                                                                                                                                                                                                                                                                                      |  |     
|Balance
                                         Sheets at January 31, 2014 and 2013                                                                                                                                                                                                  |  | F-3 
|                                                                                                                                                                                                                                                                                      |  |     
|Statements
                                         of Operations for the Year Ended January 31, 2014, the Period from February 9, 2012 (Inception)
                                         to January 31, 2013 and the Period from February 9, 2012 (Inception) to January 31, 2014 |  | F-4 
|                                                                                                                                                                                                                                                                                      |  |     
|Statements
                                         of Changes in Stockholders’ Equity for the Period from February 9, 2012 (Inception)
                                         to January 31, 2014                                                                                  |  | F-5 
|                                                                                                                                                                                                                                                                                      |  |     
|Statements
                                         of Cash Flows for the Year Ended January 31, 2014, the Period from February 9, 2012 (Inception)
                                         to January 31, 2013 and the Period from February 9, 2012 (Inception) to January 31, 2014 |  | F-6 
|                                                                                                                                                                                                                                                                                      |  |     
|Notes
                                         to Audited Financial Statements                                                                                                                                                                                                        |  | F-7 



3











REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



Board
of Directors

Alphala
Corp.

203
-29 Gervais Drive

Toronto,
Ontario, Canada, M3C 1V9



We
have audited the accompanying balance sheets of Alphala Corp. as of January 31, 2014 and the related statement of operations,
changes in stockholders' equity and cash flows for the year then ended. These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on these financial statements based on our audit. The financial
statements as of January 31, 2013 and for the period from February 9, 2012 (Inception) to January 31, 2013 were audited by another
auditor who expressed an unqualified opinion on March 12, 2013. Our opinion, in so far as it relates to the period from February
9, 2012 (Inception) through January 31, 2013 is based solely on the report of the other auditor.



We
conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial
reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s
internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that
our audit provides a reasonable basis for our opinion.



In
our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Alphala
Corp. as of January 31, 2014, and the results of its operations and its cash flows for the year then ended in conformity with
accounting principles generally accepted in the United States of America.



The accompanying
financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to
the financial statements the Company has suffered losses from operations since Inception (February 9, 2012) and currently does
not have sufficient available funding to fully implement its business plan. These factors raise substantial doubt about its ability
to continue as a going concern. Management's plans in regard to these matters are also described in Note 3. The financial statements
do not include any adjustments that might result from the outcome of this uncertainty.







|Arvada,
    Colorado | /s/
    Cutler & Co., LLC
|-------------------- | -------------------------
|May
    15, 2014     | Cutler & Co., LLC        





F-1







RONALD
R. CHADWICK, P.C.

Certified
Public Accountant

2851
South Parker Road, Suite 720

Aurora,
Colorado  80014

Telephone
(303)306-1967

Fax
(303)306-1944



REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



Board
of Directors

Alphala
Corp.

Henderson,
Nevada



I
have audited the accompanying balance sheet of Alphala Corp. (a development stage company) as of January 31, 2013, and the related
statements of operations, stockholders' equity and cash flows for the period from February 9, 2012 (inception) through January
31, 2013. These financial statements are the responsibility of the Company's management. My responsibility is to express an opinion
on these financial statements based on my audit.



I
conducted my audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards
require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.
An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating
the overall financial statement presentation.  I believe that my audit provides a reasonable basis for my opinion.



In
my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Alphala
Corp. as of January 31, 2013, and the results of its operations and its cash flows for the period from February 9, 2012 (inception)
through January 31, 2013 in conformity with accounting principles generally accepted in the United States of America.





|/s/
    Ronald R. Chadwick, P.C. | 
|-------------------------------- | 
|RONALD R. CHADWICK, P.C.         | 



Aurora,
Colorado

March
12, 2013







F-2







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

BALANCE
SHEETS



|                                                                                                             |  | January
    31, 2014 |          |   | January
    31, 2013 |  
|------------------------------------------------------------------------------------------------------------ |  | -------------------- | -------- | - | -------------------- | -
|                                                                                                             |  |                      |          |   |                      |  
|ASSETS                                                                                                       |  |                      |          |   |                      |  
|Current Assets                                                                                               |  |                      |          |   |                      |  
|Cash                                                                                                         |  | $                    | 3,919    |   |                      | $
|Prepaid
    expenses                                                                                         |  |                      | 2,333    |   |                      |  
|Income
    taxes receivable                                                                                  |  |                      | 264      |   |                      |  
|Total
    current assets                                                                                     |  |                      | 6,516    |   |                      |  
|                                                                                                             |  |                      |          |   |                      |  
|Total
    assets                                                                                             |  | $                    | 6,516    |   |                      | $
|                                                                                                             |  |                      |          |   |                      |  
|LIABILITIES AND STOCKHOLDERS’
    EQUITY                                                                     |  |                      |          |   |                      |  
|Current
    Liabilities                                                                                      |  |                      |          |   |                      |  
|Loan
    from shareholder                                                                                    |  | $                    | -        |   |                      | $
|Income
    taxes payable                                                                                     |  |                      | -        |   |                      |  
|Total
    current liabilities                                                                                |  |                      | -        |   |                      |  
|                                                                                                             |  |                      |          |   |                      |  
|Total liabilities                                                                                            |  |                      | -        |   |                      |  
|                                                                                                             |  |                      |          |   |                      |  
|Stockholders’
    Equity                                                                                     |  |                      |          |   |                      |  
|Common
    stock, $0.001 par value, 750,000,000 shares authorized; 250,800,000 shares issued and outstanding |  |                      | 250,800  |   |                      |  
|Additional paid-in-capital                                                                                   |  |                      | (215,400 | ) |                      |  
|Retained
    earnings (deficit)                                                                              |  |                      | (28,884  | ) |                      |  
|Total
    stockholders’ equity                                                                               |  |                      | 6,516    |   |                      |  
|                                                                                                             |  |                      |          |   |                      |  
|Total
    liabilities and stockholders’ equity                                                               |  | $                    | 6,516    |   |                      | $



The
accompanying notes are an integral part of these financial statements.



F-3







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

STATEMENTS
OF OPERATIONS



|                                                  |  | For
    theyear endedJanuary 31, 2014 |             |    | For
    the PeriodFrom Inception(February
    9, 2012)toJanuary
    31, 2013 |   |             | For
    the periodfrom inception(February 9, 2012)toJanuary 31, 2014 | 
|------------------------------------------------- |  | ------------------------------------- | ----------- | -- | ---------------------------------------------------------------------------- | - | ----------- | -------------------------------------------------------------------- | 
|Revenues                                          |  | $                                     | -           |    |                                                                              | $ | 2,475       |                                                                      | 
|                                                  |  |                                       |             |    |                                                                              |   |             |                                                                      | 
|Operating
    expensesGeneral and administrative  |  |                                       | 30,644      |    |                                                                              |   | 715         |                                                                      | 
|Total operating
    expenses                      |  |                                       | 30,644      |    |                                                                              |   | 715         |                                                                      | 
|                                                  |  |                                       |             |    |                                                                              |   |             |                                                                      | 
|Net income
    (loss) from operations             |  |                                       | (30,644     | )  |                                                                              |   | 1,760       |                                                                      | 
|                                                  |  |                                       |             |    |                                                                              |   |             |                                                                      | 
|(Provision)
    credit for corporate income taxes |  |                                       | 352         |    |                                                                              |   | (352        | )                                                                    | 
|                                                  |  |                                       |             |    |                                                                              |   |             |                                                                      | 
|Net
    income (loss)                             |  | $                                     | (30,292     | )  |                                                                              | $ | 1,408       |                                                                      | 
|Loss
    per share – Basic and Diluted            |  | $                                     | (0.00       | )* |                                                                              | $ | (0.00       | )*                                                                   | 
|Weighted Average Shares-Basic
    and Diluted     |  |                                       | 250,800,000 |    |                                                                              |   | 129,240,000 |                                                                      | 



*
denotes a loss of less than $(0.01)



The
accompanying notes are an integral part of these financial statements.



F-4







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

STATEMENT
OF STOCKHOLDER’S EQUITY



|                                                      |  | Number
    ofcommon shares |             |  | Amount |   |         | Additionalpaid-incapital |  |   | Deficitaccumulatedduringdevelopmentstage |   |  | Totalstockholders’equity |        
|----------------------------------------------------- |  | -------------------------- | ----------- |  | ------ | - | ------- | ------------------------ |  | - | ---------------------------------------- | - |  | ------------------------ | -------
|                                                      |  |                            |             |  |        |   |         |                          |  |   |                                          |   |  |                          |        
|Balance -
    February 9, 2012 (Inception)            |  |                            | -           |  |        | $ | -       |                          |  | $ | -                                        |   |  | $                        | -      
|                                                      |  |                            |             |  |        |   |         |                          |  |   |                                          |   |  |                          |        
|Common
    shares issued for cash at $0.001 per share |  |                            | 180,000,000 |  |        |   | 180,000 |                          |  |   | (174,000                                 | ) |  |                          | -      
|                                                      |  |                            |             |  |        |   |         |                          |  |   |                                          |   |  |                          |        
|Common shares
    issued for cash at $0.01 per share  |  |                            | 70,800,000  |  |        |   | 70,800  |                          |  |   | (47,200                                  | ) |  |                          | -      
|                                                      |  |                            |             |  |        |   |         |                          |  |   |                                          |   |  |                          |        
|Net income
    for the period                         |  |                            | -           |  |        |   | -       |                          |  |   | -                                        |   |  |                          | 1,408  
|Balance -
    January 31, 2013                        |  |                            | 250,800,000 |  |        | $ | 250,800 |                          |  | $ | (221,200                                 | ) |  | $                        | 1,408  
|                                                      |  |                            |             |  |        |   |         |                          |  |   |                                          |   |  |                          |        
|Forgiveness
    of loan from shareholder              |  |                            | -           |  |        |   | -       |                          |  |   | 5,800                                    |   |  |                          | -      
|                                                      |  |                            |             |  |        |   |         |                          |  |   |                                          |   |  |                          |        
|Net
    loss for the year                             |  |                            | -           |  |        |   | -       |                          |  |   | -                                        |   |  |                          | (30,292
|Balance
    - January 31, 2014                        |  |                            | 250,800,000 |  |        | $ | 250,800 |                          |  | $ | (215,400                                 | ) |  | $                        | (28,884





As
retroactively restated for a 29 for one dividend declared on April 14, 2014.



The
accompanying notes are an integral part of these financial statements.



F-5







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

STATEMENTS
OF CASH FLOWS



|                                                                       |  | For
                                         the
                                                                                year
                                         endedJanuary 31, 2014 |         |   | For
    the periodfrom inception(February 9, 2012)toJanuary 31, 2013 |   |        | For
    the periodfrom inception(February 9, 2012)toJanuary 31,  2014 | 
|---------------------------------------------------------------------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------- | - | -------------------------------------------------------------------- | - | ------ | --------------------------------------------------------------------- | 
|Operating
    Activities                                               |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Net
    income (loss)                                                  |  | $                                                                                                                                                                                                    | (30,292 | ) |                                                                      | $ | 1,408  |                                                                       | 
|                                                                       |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Changes
    in non-cash working capital items:                         |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Prepaid
    expenses                                                   |  |                                                                                                                                                                                                      | (2,333  | ) |                                                                      |   | -      |                                                                       | 
|Income
    tax receivable                                              |  |                                                                                                                                                                                                      | (264    | ) |                                                                      |   | -      |                                                                       | 
|Income
    tax payable                                                 |  |                                                                                                                                                                                                      | (352    | ) |                                                                      |   | 352    |                                                                       | 
|Net
    cash provided by (used in) operating activities                |  |                                                                                                                                                                                                      | (33,241 | ) |                                                                      |   | 1,760  |                                                                       | 
|                                                                       |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Investing
    Activities                                               |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Net cash provided
    by (used in) investing activities                |  |                                                                                                                                                                                                      | -       |   |                                                                      |   | -      |                                                                       | 
|                                                                       |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Financing
    Activities                                               |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Proceeds
    from issuance of common stock                             |  |                                                                                                                                                                                                      | -       |   |                                                                      |   | 29,600 |                                                                       | 
|Proceeds
    from loan from shareholder                                |  |                                                                                                                                                                                                      | 5,600   |   |                                                                      |   | 200    |                                                                       | 
|Net
    cash provided by financing activities                          |  |                                                                                                                                                                                                      | 5,600   |   |                                                                      |   | 29,800 |                                                                       | 
|                                                                       |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Net increase
    (decrease) in cash                                    |  |                                                                                                                                                                                                      | (27,641 | ) |                                                                      |   | 31,560 |                                                                       | 
|                                                                       |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Cash
    at beginning of the period                                    |  |                                                                                                                                                                                                      | 31,560  |   |                                                                      |   | -      |                                                                       | 
|                                                                       |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Cash
    at end of the period                                          |  | $                                                                                                                                                                                                    | 3,919   |   |                                                                      | $ | 31,560 |                                                                       | 
|Supplemental
    cash flow information:                                |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Cash paid
    for:                                                     |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Interest                                                               |  | $                                                                                                                                                                                                    | -       |   |                                                                      | $ | -      |                                                                       | 
|Taxes                                                                  |  | $                                                                                                                                                                                                    | 264     |   |                                                                      | $ | -      |                                                                       | 
|Non-Cash
                                         Financing activities |  |                                                                                                                                                                                                      |         |   |                                                                      |   |        |                                                                       | 
|Forgiveness of
    related party loan                                  |  | $                                                                                                                                                                                                    | 5,800   |   |                                                                      | $ | -      |                                                                       | 



The
accompanying notes are an integral part of these financial statements.



F-6







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO THE AUDITED FINANCIAL STATEMENTS

FOR
THE TWELVE MONTHS ENDED JANUARY 31, 2014, THE PERIOD FROM FEBRUARY 9, 2012(INCEPTION) TO JANUARY 31, 2013 AND THE PERIOD FEBRUARY 9, 2012 (INCEPTION)
TO JANUARY 31, 2014



NOTE
1 – ORGANIZATION AND BUSINESS OPERATIONS



Organization
and Description of Business



ALPHALA
CORP. (the “Company”) was incorporated under the laws of the State of Nevada on February 9, 2012 (Inception) and plans
to commence operation in the distribution of teeth whitening products. The Company is in the development stage as defined under
Financial Accounting Standards Board Accounting Standards Codification (“ASC”) 915-205 "Development-Stage
Entities”. For the period from Inception on February 9, 2012 through January 31, 2014 the Company has accumulated losses
of $28,884.



NOTE
2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES



Basis
of Presentation



These
financial statements have been prepared in accordance with generally accepted accounting principles as promulgated in the United
States of America (“U.S. GAAP”).



Cash
and Cash Equivalents



For
purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity
of three months or less to be cash equivalents.



The
Company’s bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At January 31, 2014
and 2013, the Company’s bank deposits did not exceed the insured amounts.



Basic
and Diluted Income (Loss) Per Share



The
Company computes loss per share in accordance with ASC 260, “Earnings per Share”, which requires presentation
of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing
net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted
loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes
all potential common shares if their effect is anti-dilutive. No potentially dilutive debt or equity instruments were issued of
outstanding during the twelve months ended January 31, 2014 or the period from February 9, 2012 (Inception) to January 31, 2013.



Income
Taxes



The
Company accounts for income taxes pursuant to ASC 740, “Income Taxes”. Under ASC 740, deferred income taxes
are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating
loss carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the
differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation
allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will
not be realized. The provision for income taxes represents the tax expense for the period, if any, and the change during the period
in deferred tax assets and liabilities. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws
and rates on the date of enactment.



ASC
740 also provides criteria for the recognition, measurement, presentation and disclosure of uncertain tax positions. Under ASC
740, the impact of an uncertain tax position on the income tax return may only be recognized at the largest amount that is more-likely-than-not
to be sustained upon audit by the relevant taxing authority. At January 31, 2014 and 2013, there were no unrecognized tax benefits.



F-7







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO THE AUDITED FINANCIAL STATEMENTS

FOR
THE TWELVE MONTHS ENDED JANUARY 31, 2014, THE PERIOD FROM FEBRUARY 9, 2012(INCEPTION) TO JANUARY 31, 2013 AND THE PERIOD FEBRUARY 9, 2012 (INCEPTION)
TO JANUARY 31, 2014



NOTE
2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)



Revenue
Recognition



The
Company recognizes revenue in accordance with ASC 605, “Revenue Recognition”. ASC 605 requires that four basic
criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred;
(3) the selling price is fixed and determinable; and (4) collectibility is reasonably assured. Determination of criteria (3) and
(4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the
collectibility of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other
adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the
product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that
the product has been delivered or no refund will be required.



Advertising
Costs



The
Company’s policy regarding advertising is to expense advertising when incurred. The Company incurred advertising expense
of $0 during the twelve months ended January 31, 2014 and the period from February 9, 2012 (Inception) to January 31, 2013.



Recent
Accounting Pronouncements



Management
does not believe that any recently issued, but not yet effective, accounting standards, if adopted, will have a material effect
on the Company’s financial statements.



Fair
Value of Financial Instruments



ASC
820, “Fair Value Measurements and Disclosures”, establishes a three-tier fair value hierarchy, which prioritizes
the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs
used in measuring fair value are observable in the market.



These
tiers include:



Level
1: defined as observable inputs such as quoted prices in active markets;



Level
2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and



Level
3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.



The
carrying amounts of financial assets and liabilities, such as cash, prepaid expenses, income taxes receivable and payable and
loan from shareholder approximate their fair values because of the short maturity of these instruments.



Use
of Estimates



The
preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements
and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.



F-8







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO THE AUDITED FINANCIAL STATEMENTS

FOR
THE TWELVE MONTHS ENDED JANUARY 31, 2014, THE PERIOD FROM FEBRUARY 9, 2012(INCEPTION) TO JANUARY 31, 2013 AND THE PERIOD FEBRUARY 9, 2012 (INCEPTION)
TO JANUARY 31, 2014



NOTE
3 – GOING CONCERN



These
financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets
and discharge its liabilities in the normal course of business for the foreseeable future. The Company has incurred a loss since
Inception (February 9, 2012) resulting in an accumulated deficit of $28,884 as of January 31, 2014 and further losses are anticipated
in the development of its business. Accordingly, there is substantial doubt about the Company’s ability to continue as a
going concern.



The
ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining
the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come
due.



NOTE
4 – COMMON STOCK



Common
Stock



The
Company has 750,000,000 shares of common stock authorized with a par value of $0.001 per share.



On
October 22, 2012, the Company issued 180,000,000 shares of its common stock for total proceeds of $6,000.



During
the period from October 29, 2012 to December 4, 2012, the Company issued 70,800,000 shares of its common stock for total proceeds
of $23,600.



As
at January 31, 2014 and 2013, 250,800,000 shares of common stock were issued and outstanding.



Additional
paid in Capital



From
February 9, 2009 (Inception) through January 31, 2014, the Company’s former sole director and principal shareholder loaned
the Company a total of $5,800 to pay for incorporation costs and operating expenses. The loan was non-interest bearing, due upon
demand and unsecured. Effective January 31, 2014, the Company’s former sole director and principal shareholder forgave repayment
of the $5,800 outstanding loan balance which was credited to additional paid in capital at that time.



NOTE
5 – RELATED PARTY TRANSACTIONS



In
support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that
the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing.
There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction
of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.



From
February 9, 2009 (Inception) through January 31, 2014, the Company’s former sole director and principal shareholder loaned
the Company a total of $5,800 to pay for incorporation costs and operating expenses. The loan was non-interest bearing, due upon
demand and unsecured. Effective January 31, 2014, the Company’s former sole director and principal shareholder forgave repayment
of the $5,800 outstanding loan balance which was credited to additional paid in capital at that time.



F-9







ALPHALA
CORP.

(A
DEVELOPMENT STAGE COMPANY)

NOTES
TO THE AUDITED FINANCIAL STATEMENTS

FOR
THE TWELVE MONTHS ENDED JANUARY 31, 2014, THE PERIOD FROM FEBRUARY 9, 2012(INCEPTION) TO JANUARY 31, 2013 AND THE PERIOD FEBRUARY 9, 2012 (INCEPTION)
TO JANUARY 31, 2014



NOTE
6 – INCOME TAXES



During
the period from February 9, 2009 (Inception) through January 31, 2013, the Company recognized a taxable profit of $1,760, accrued
a tax liability of $352 and paid $264 tax in respect of this liability during the twelve months ended January 31, 2014.



During
the twelve months ended January 31, 2014, the Company incurred taxable losses of $30,644. $1,760 of these losses can be carried
back to offset the $1,760 taxable profits arising in the period from February 9, 2009 (Inception) through January 31, 2013 and
accordingly the Company is entitled to a refund of the $264 of tax paid in respect of this period and to recognize a full credit
for the $352 tax liability provided for in the prior period. The remaining balance of $28,884 unrelieved tax losses are potentially
available to offset taxable profits the Company may generate in the future. The net operating loss carry forward will expire between
203 and 2034. This carry forward may be limited upon the consummation of a business combination under IRC Section 381.



When
it is more likely than not that a tax asset cannot be realized through future income, the Company must record an allowance against
any future potential future tax benefit. The Company provided a full valuation allowance against the net deferred tax asset, consisting
of net operating loss carry forwards, because management has determined that it is more likely than not that it will not earn
income sufficient to realize the deferred tax assets during the carry forward periods.



The
Company has not taken a tax position that, if challenged, would have a material effect on the financial statements for the years
ended January 31, 2014 and or the period from February 9, 2009 (Inception) through January 31, 2013 as defined under ASC 740,
“Accounting for Income Taxes”. The Company did not recognize any adjustment to the liability for uncertain
ta position and therefore did not record any adjustment to the beginning balance of the accumulated deficit on the balance sheet.



NOTE
7 – SUBSEQUENT EVENTS



On
April 11, 2014, the holders of a majority of the Company’s issued and outstanding common stock approved an increase in its
authorized capital from 75,000,000 shares of common stock, par value $0.001, to 750,000,000 shares of common stock, par value
$0.001 (the “Authorized Capital Increase”).  The purpose of the Authorized Capital Increase was to reorganize
the Company’s capital structure in connection with the stock dividend described below. The Company formally effected the
Authorized Capital Increase on April 11, 2014 by filing a Certificate of Amendment with the Nevada Secretary of State.



On
April 14, 2014, the Company’s sole director approved a stock dividend of 29 authorized but unissued shares of common stock
on each one (1) pre-dividend issued and outstanding share of the Company’s common stock. On May 1, 2014, the Company received
approval from the Financial Industry Regulatory Authority (FINRA) to effect the stock dividend by way of a forward split, and
on the same date, the Company’s shareholders of record on April 25, 2014 received the dividend. As a result of the stock
dividend, the Company’s issued and outstanding common stock increased from 8,360,000 (pre-dividend) shares to 250,800,000
(post-dividend) shares. All references to common stock have been reflected retroactively.



The
Company has evaluated all other subsequent events through the date of issuance of these financial statements on May 15, 2014 and
other than as disclosed above, the Company did not have any material recognizable subsequent events.





F-10









Item
14. Principal Accountant Fees and Services



Audit
and Non-Audit Fees



The
following table sets forth the fees for professional audit services and the fees billed for other services rendered by our current
auditors, Cutler & Co., LLC, and our former auditors, Ronald R. Chadwick, P.C., in connection with the audit of our financial
statements for the years ended January 31, 2014 and 2013 as well as reviews of our interim financial statements, services provided
in connection with our statutory and regulatory filings or engagements, and any other fees billed for services rendered by our
auditors during those years. Cutler & Co., LLC became our auditors on November 28, 2013.



|                   |  |  | Year
                                         EndedJanuary 31, 2014($) |  |  |  | Year
                                         EndedJanuary 31, 2013($) | 
|------------------ |  |  | ---------------------------------------------------------------------- |  |  |  | ---------------------------------------------------------------------- | 
|Audit
    fees     |  |  | 8,500                                                                  |  |  |  | -                                                                      | 
|Audit-related fees |  |  | -                                                                      |  |  |  | -                                                                      | 
|Tax fees           |  |  | -                                                                      |  |  |  | -                                                                      | 
|All
    other fees |  |  | -                                                                      |  |  |  | -                                                                      | 
|Total              |  |  | 8,500                                                                  |  |  |  | -                                                                      | 



In
the above table, “audit fees” are fees billed by our auditors for services provided in auditing our annual financial
statements. “Audit-related fees” are fees not included in audit fees that are billed by our auditors for assurance
and related services that are reasonably related to the performance of the audit review of our financial statements. “Tax
fees” are fees billed by our auditors for professional services rendered for tax compliance, advice and planning. “All
other fees” are fees billed by our auditors for products and services not included in the foregoing categories.



Policy
on Pre-Approval



Since
our inception, our Board of Directors, performing the duties of the audit committee, has reviewed all audit and non-audit related
fees at least annually. The Board, acting as the audit committee, pre-approved all audit related services for the year ended January
31, 2014.



4







PART
IV



Item
15. Exhibits



The
following documents are filed as a part of this annual report.



|Exhibit
    Number |  | Exhibit
    Description                                                                                                                                                                                                                 
|------------------ |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                   |  |                                                                                                                                                                                                                                         
|3.1                |  | Articles
    of Incorporation filed with the Nevada Secretary of State on February 9, 2012 (1)                                                                                                                                          
|                   |  |                                                                                                                                                                                                                                         
|3.2                |  | Bylaws
    (1)                                                                                                                                                                                                                          
|                   |  |                                                                                                                                                                                                                                         
|3.3                |  | Certificate
    of Amendment filed with the Nevada Secretary of State on April 11, 2014 (2)                                                                                                                                             
|                   |  |                                                                                                                                                                                                                                         
|10.1               |  | Sales
    Distribution Agreement with Aldent LLC dated January 14, 2013 (1)                                                                                                                                                             
|                   |  |                                                                                                                                                                                                                                         
|31.1               |  | Certification
    of the Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange
    Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
|                   |  |                                                                                                                                                                                                                                         
|32.1               |  | Certification
    of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002                                                       
|                   |  |                                                                                                                                                                                                                                         
|101.INS            |  | XBRL
    Instance Document (3)                                                                                                                                                                                                          
|                   |  |                                                                                                                                                                                                                                         
|101.SCH            |  | XBRL
    Taxonomy Extension Schema (3)                                                                                                                                                                                                  
|                   |  |                                                                                                                                                                                                                                         
|101.CAL            |  | XBRL
    Taxonomy Extension Calculation Linkbase (3)                                                                                                                                                                                    
|                   |  |                                                                                                                                                                                                                                         
|101.DEF            |  | XBRL
    Taxonomy Extension Definition Linkbase (3)                                                                                                                                                                                     
|                   |  |                                                                                                                                                                                                                                         
|101.LAB            |  | XBRL
    Taxonomy Extension Label Linkbase (3)                                                                                                                                                                                          
|                   |  |                                                                                                                                                                                                                                         
|101.PRE            |  | XBRL
    Taxonomy Presentation Linkbase (3)                                                                                                                                                                                             



|(1) | Included
    as an exhibit to our registration statement on Form S-1 filed with the SEC on April 2, 2013.
|--- | ---------------------------------------------------------------------------------------------------------
|    |                                                                                                          
|(2) | Included
    as an exhibit to our current report on Form 8-K filed with the SEC on April 15, 2014.       
|    |                                                                                                          
|(3) | Included
    as an exhibit to our annual report on Form 10-K filed with the SEC on May 16, 2014.         



5







SIGNATURES



Pursuant
to the requirements of Section 13 or 15(d) 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.



|Dated:
    May 28, 2014 | ALPHALA
    CORP.
|----------------------- | -----------------
|                        |                  
|                        | By:              
|                        |                  
|                        |                  



Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf
of the registrant and in the capacities and on the dates indicated.



|SIGNATURE               |  | TITLE                                                                                                                     |  | DATE            
|----------------------- |  | ------------------------------------------------------------------------------------------------------------------------- |  | ----------------
|                        |  |                                                                                                                           |  |                 
|/s/
    Shaikh M. Shami |  | President,
    Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer, Secretary, Treasurer, Director |  | May
    28, 2014
|Shaikh
    M. Shami     |  |                                                                                                                           |  |                 



6