UNITED STATES

SECURITIES AND EXCHANGE COMMISSION



Washington, D.C. 20549



Amendment
No. 3



FORM 10-K/A



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



For the fiscal year ended December
31, 2014



[ ] 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: 000-55152



MAZZAL HOLDING CORP.

(Exact Name of Registrant As Specified
In Its Charter)



|Nevada                                                                 |  |  | 46-1845946
|---------------------------------------------------------------------- |  |  | ----------
|(State or other jurisdiction
        of incorporation or organization) |  |  | IRS I.D.  



|1625 VFW Parkway
        Boston, MA 02132                                                                                                          
|---------------------------------------------------------------------------------------------------------------------------------------------------
|(Address of principal executive
        offices)
        
        800-488-2760
        (Registrant’s telephone
        number, including area code)



Securities registered under 12(b)
of the Exchange Act:

None



Securities registered under 12(g)
of the Exchange Act:

Common Stock, par value $0.0001



Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesoNox



Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. YesoNox



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 during the preceding 2 months (or for such
shorter period that the registrant was required to submit and post such files). YesoNoo



Indicated
by check mark whether the registrant:(1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the past 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. YesxNoo



Indicate
by check mark if disclosure of delinquent filings pursuant to Item 405 of Regulation S-K 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.o



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 filero | Accelerated filero | Non-accelerated filero | Smaller reporting companyx
|------------------------ | ------------------ | ---------------------- | --------------------------



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



The
aggregate market value of the voting and non-voting common equity held by non-affiliates as of June 30, 2014, was $0. For purposes
of the foregoing calculation only, directors and executive officers and holders of 10% or more of the issuer’s common capital
stock have been deemed affiliates.



On March 17, 2015, 200,000,000 shares of the registrant's
common stock were outstanding.  (On February 4, 2015, Mazzal Holding Corp. filed an amendment to its Articles of Incorporation
(as amended to date) to effectuate a 10-for-1 share forward stock split.  All share totals listed in this Quarterly Report
are given as post-stock-split totals, i.e. fully reflecting the effect of the stock split.)



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EXPLANATORY NOTE



This Amendment No.3 to the registrant’s Annual
Report on Form 10-K/A for the period ended December 31, 2014, is being filed for the purpose of providing revisions to Item
9A Controls and Procedures.  This Amendment No. 3   to the Form 10-K speaks as of the original filing date of the Form 10-K,
and does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in
any way disclosures made in the original Form 10-K.





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Table of Contents




FORM 10-K

MAZZAL HOLDING CORP.

DECEMBER 31, 2014



TABLE OF CONTENTS









|PART I     |         
|---------- | --------
|           | Item 1. 
|           | Item 1A.
|           | Item 1B.
|           | Item 2. 
|           | Item 3. 
|           | Item 4. 
|PART II    |         
|           | Item 5. 
|           | Item 6. 
|           | Item 7. 
|           | Item 7A.
|           | Item 8. 
|           | Item 9. 
|           | Item 9A.
|           | Item 9B.
|PART III   |         
|           | Item 10.
|           | Item 11.
|           | Item 12.
|           | Item 13.
|           | Item 14.
|PART IV    |         
|           | Item 15.
|SIGNATURES |         





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PART I



Special Note Regarding Forward-Looking Statements



Information
included or incorporated by reference in this Annual Report on Form 10-K contains forward-looking statements. All forward- looking
statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future
performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. Forward-looking statements may contain the words “believes,” “projects,”
“expects,” “anticipates,” “estimates,” “forecasts,” “intends,” “strategy,”
“plan,” “may,” “will,” “would,” “will be,” “will continue,”
“will likely result,” and similar expressions, and are subject to numerous known and unknown risks and uncertainties.
Additionally, statements relating to implementation of business strategy, future financial performance, acquisition strategies,
capital raising transactions, performance of contractual obligations, and similar statements may contain forward-looking statements.
In evaluating such statements, prospective investors and shareholders should carefully review various risks and uncertainties identified
in this Report, including the matters set forth under the captions “Risk Factors” and in the Company’s other
SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated
in the forward-looking statements. The Company disclaims any obligation to update or publicly announce revisions to any forward-looking
statements to reflect future events or developments.



Although
forward - looking statements in this Annual Report on Form 10-K reflect the good faith judgment of our management, such
statements can only be based on facts and factors currently known by us. Consequently, forward - looking statements are
inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes
discussed in or anticipated by the forward-looking statements. Factors that could cause or contribute to such differences in results
and outcomes include, without limitation, those specifically addressed under the heading “Risk Factors Related to Our Business”
below, as well as those discussed elsewhere in this Annual Report on Form 10-K. Readers are urged not to place undue reliance on
these forward-looking statements, which speak only as of the date of this Annual Report on Form 1 0 -K. We file reports
with the Securities and Exchange Commission (“SEC”). You can read and copy any materials we file with the SEC at the
SEC’s Public Reference Room, 1 00 F. Street, NE, Washington, D.C. 2 0 549. You can obtain additional
information about the operation of the Public Reference Room by calling the SEC at 1 - 800-SEC-0330. In addition, the
SEC maintains an Internet  site  (www.sec.gov)  that  contains  reports,  proxy  and  information  statements,  and  other
information regarding  issuers  that  file electronically with the SEC, including us.



We
disclaim any obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may
arise after the date of this Annual Report on Form 10-K. Readers are urged to carefully review and consider the various disclosures
made throughout the entirety of this Annual Report, which attempt to advise interested parties of the risks and factors that may
affect our business, financial condition, results of operations and prospects.



ITEM 1. BUSINESS



Preliminary Note



On February 4, 2015, Mazzal Holding
Corp. filed an amendment to its Articles of Incorporation (as amended to date) to effectuate a 10-for-1 share forward stock split.
All share totals listed in this Annual Report are given as post-stock-split totals, i.e. fully reflecting the effect of the stock
split.



General



Mazzal
Holding Corp. (formerly Boston Investment and Development Corp), was formed in the state of Nevada on January 23, 2013. We
were founded by Nissim Trabelsi, who, as of the date of this Report, is the beneficial owner of a majority of our common
stock.



The business
and purpose of the Company is to purchase approved multi-family land, and then develop and build said land for a profit.



On March 31 , 2013,
the Company entered into a Standard Land Purchase and Sale Agreement (the “Purchase Agreement”) with the Mazzal Trust,
pursuant to which the Company purchased property (the “Property”) consisting of “the land and all buildings thereon
known as 171 Hart St ., Taunton MA 02780 .” The property consists of approximately 25 acres. The
property is located in the Green Pines Townhomes subdivision, and the subdivision is managed by the Green Pines

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Townhomes
Condominium Trust. (The manager of the Green Pines Townhomes Condominium Trust is Green Pines, LLC, a shareholder of
the Company, the manager of which is Marty Trabelsi, the brother of Nissim Trabelsi, the Company’s President.)
The purchase price for the Property was 1,500,000 shares of the Company’s common stock .On May 29 , 2013,
the purchase of the property closed, and the seller delivered the deed, and the Company issued the shares. As of the date of this
Annual Report, the Property sub-division had all the underground utilities installed, and one main road paved. Additionally, as
of the date of this Annual Report, one building with two units had been completed, and approximately 47 more units remained to
be built in Phase I of the development.



However, as
noted below in "Recent Developments", the Company plans to submit a zoning change request to increase from 49 to 72 units
for Phase I. There can be no guarantee that such change will be permitted. Nor can there be any guarantee that if the zoning change
request is approved, the Company will be able to develop such real estate.  For Phase II, management anticipates that
an additional 50 units will be in the future. Again, there can be no guarantee that the Company will ever be able to develop the
real estate contemplated in Phase II





Multi-family Construction Industry
–



Overall nationally, the multi-family
construction industry, like much of the housing industry in general, is slowly recovering from the economic downturn that
has been impacting the country since 2 0 08. According to the record of the meeting of the Federal Advisory Council and
Board of Governors on May 17, 2013:



Demand for
rental housing, both multifamily and senior housing, is strong. This phenomenon is driven by former homeowners becoming renters,
more stringent residential mortgage underwriting standards, and more cautious attitudes about the risk/reward tradeoffs of homeownership.
(Source: Record of Meeting of the Federal Advisory Council and the Board of Governors, Friday, May 17, 2 013, publicly
available, on file with the Company.)



Additionally, according to a construction
industry report;



Both interest
rates and inflation remain at historically low levels, with real rates negative in many cases. This should create an environment
that encourages investment in construction, since the cost of financing developments is low, and successful developments can offer
far higher rates of return than available in many other forms of investment. For this reason, construction activity does have
areas of relative strength. Among these is multi-family construction, where demand is strong enough to spur spending growth in
excess of 50 %, year on year, seasonally adjusted. (Source: Construction Industry Market Report: Fourth Quarter Outlook 2012,
produced by Davis Langdon, publicly available, on file with the Company.)



Some housing
industry experts believe that “housing, in general, and multifamily housing, in particular , should benefit
from the demands for shelter represented by the transitioning of Echo Boomers into the workplace and by the Baby Boomers who will
enjoy longer and healthier lifespans than any previous generation—simply put, the people are there in large numbers, and
they require a place to live.” (Source: Millcreek Residential 2013 Outlook for the U.S. Multifamily Market (“Millcreek
2013”), publicly available, copy on file with the Company.)



Like the broader
economy, management anticipates that that multifamily housing investments will exhibit steady and sustainable growth over
a long period, absent some unexpected or unknowable economic shock.



As noted in the Millcreek 2013 report:



The multifamily
asset class has consistently outperformed all other commercial real estate asset classes combined in terms of capital value growth
and net operating income growth dating back to 1980. Taken together with the relatively shorter lease terms for rental apartments
(a positive when inflation risks are factored into investment decisions), we believe that multifamily assets offer the best risk
adjusted return opportunity of all the real estate asset classes over the near and longer term. (Millcreek 2013.)



Locally, in
Massachusetts, the economic conditions in the Boston housing market area also have improved steadily during the past 2 years, led
by job growth in the professional and business services and education and health services sectors. (Source: Boston, MA, Comprehensive
Housing Market Analysis, US Department of Housing and Urban Development (“Boston HUD Report”), publicly available,
copy on file with the Company.)



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Additionally, according to the Boston
HUD Report,



Multifamily
building activity, as measured by the number of multifamily units permitted, increased rapidly in the Boston-Suffolk submarket
during the past year as builders responded on a large scale to increased rental demand. According to the Boston Department
of Neighborhood Development, more than $1 billion in new housing construction started in the city of Boston during 2011; approximately
90 percent of the construction represents new apartment development. Based on preliminary data, during the 12 months ending May
2012, the number of multifamily units permitted increased to 1,550 units, up by 1,325, or nearly 550 percent, from only 240 units
permitted during the 12 months ending May 2 0 11 . (Boston HUD Report.)



On February
26, 2013, the Massachusetts Executive Office of Housing and Urban Development issued a press release, which discussed the
increase in multi-family unit housing permits. The press release provided as follows:



The number
of multi-family housing unit permits pulled in 2012 nearly doubled from 2011, reflecting the demand that led Governor Deval
Patrick to announce a statewide housing production goal of 10,000 multi-family units per year through 2020.



In 2012, 5,019
multi - family permits were pulled, compared to 2,752 in 2011, representing an 84 percent increase, as based on preliminary
numbers reported by the U.S. Census Bureau’s Building Permit Survey. The 5,019 permits are the most since 2007. Total permits
increased 44 percent between 2011 and 2012 in the state and the proportion of multi-family permits increased from 38 percent of
total permits pulled in 2011 to 48 percent in 2012.



In November
2012, Governor Patrick announced the Commonwealth’s goal of creating 10,000 multi - family housing units
per year. By creating this type of housing, which is attractive to young families and individuals, Massachusetts is better prepared
to keep in state the skilled, young workforce for which employers are looking.



“The
trend in housing is people are looking for homes that are accessible to public transit and the commercial core of a downtown or
town center,” said Greg Bialecki, the Secretary of Housing and Economic Development. “Governor Patrick’s goal
and tools we have created support this type of housing and will help us keep in Massachusetts our strong, well-educated workforce.”



“Our
economy is picking up and builders are starting to create more housing,” said Marc Draisen, the Executive Director of the
Metropolitan Area Planning Council. “We especially need multi-family rental housing, because rents stayed high throughout
the economic crisis. Now we need to redouble our efforts to meet the Governor’s goal of 10,000 multi-family units per
year.” (Source: Press Release dated February 26, 2013, “At Onset of Nation-Leading Goal, Multi-Family Housing
Permits Nearly Double in 2012,” publicly available, copy on file with the Company.)



In March 2013,
the Boston Globe noted that earlier in that month , “the Dow Jones industrial average surged to record highs while
the Labor Department reported that US employers added 236,000 jobs in February and the unemployment rate declined to its lowest
level in more than four years.” (Source: Boston Globe article: “As housing, job markets improve, homeowners spend on
remodeling,” (“BG Article”) publicly available, copy on file with the Company.) With respect to the Massachusetts
economy specifically, the BG Article pointed out that employers added about 50,000 jobs in Massachusetts, according to the Labor
Department, and that home sales in Massachusetts in 2012 hit their highest level since 2006, according to Warren Group, a Boston
real estate tracking firm.



Upon the information
and belief of the Company’s management, Massachusetts-area contractors, architects, interior designers, and others tied to
the home construction industry are receiving an increasing number of inquiries from individuals and entities who are looking to
purchase new homes, rent larger homes and apartments, or remodel existing homes or apartments.



While there
can be no guarantee of a continuation of this recovery and increase in interest in purchasing homes or multi - family
dwellings, management believes that the Company’s business model of purchasing property , constructing multi - family
dwellings, and then selling the improved property could prove to be a profitable business model. However, even considering a continued
increase in demand for residential housing, the Company’s business model may not prove to be profitable when considering
other factors including the availability of capital to the Company, interest rates and any increase in the cost of building materials.



The multi-family
construction business is a very competitive industry. We not only plan to construct multi-family dwellings, but develop the land
that we will place them on.  This process is extremely expensive and we plan to use our current available capital to
begin work on our business plan. These monies will not be enough, however, to fully implement our business plan and become profitable.  We
will need to raise additional monies by selling our equity or debt securities or by seeking bank or other financial institution
financing.



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There are many
steps that must be taken to provide a multi-family dwelling ready for occupancy.  Many different groups of people are
involved.  We expect to work with other construction companies that specialize in services that we either cannot or do
not desire to engage in, or do not have the ability to produce or install. To find these companies, we are relying on the research
and knowledge that our President, Nissim Trabelsi, has about the multi-family housing industry and construction industry .



The multi-family
housing industry is growing due to their low-cost housing options.  These dwellings have numerous competitive advantages,
including:



|- | providing unique ownership opportunities;                                                                                                                                                                                                                                                   
|- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  |                                                                                                                                                                                                                                                                                             
|- | lower construction costs, as multi-family units are usually lower in price because the Company plans to build in large quantities,resulting  in  discounts  from  suppliersand  subcontractors,  resulting  in  lower construction  costs  and  lower  sales  prices  on completed projects;
|  |                                                                                                                                                                                                                                                                                             
|- | frequent discounts on mortgage rates for multi - family dwellings;                                                                                                                                                                                                                          
|  |                                                                                                                                                                                                                                                                                             
|- | on-site amenities including clubhouses, landscaping, maintenance, and lower insurance costs;                                                                                                                                                                                                
|  |                                                                                                                                                                                                                                                                                             
|- | efficient land use;                                                                                                                                                                                                                                                                         
|  |                                                                                                                                                                                                                                                                                             
|- | residential populations large enough to support neighborhood retail and public transportation;                                                                                                                                                                                              
|  |                                                                                                                                                                                                                                                                                             
|- | the creation of open, public space; and                                                                                                                                                                                                                                                     
|  |                                                                                                                                                                                                                                                                                             
|- | providing residential options for an increasing number of single-person and empty-nester households                                                                                                                                                                                         



We  plan  to  purchase  land,  develop  it,  complete  the  infrastructure,  construct  the  multifamily  dwelling,  and  manage 
throughout  the process. Management anticipates that the Company’s next purchase will be an approved subdivision
but not yet started, although as of the date of this Annual Report, the Company had not identified any specific parcel for purchase.
Management is aware of several subdivisions within 3 0 - 40 minutes travel around the greater Boston area.



We realize
the high need for housing in Massachusetts, and plan to fill that need by producing high quality multi-family homes in various
areas throughout the state.



Description of Property



Property for Development



The Property
purchased from the Mazzal Trust (described above) consists of a 25-acre subdivision with approval for 49 town homes in the first
phase.



As
of the date of this Annual Report, the Property sub-division had all the underground utilities installed, and one main road
paved. Additionally, as of the date of this Annual Report, one building with two units had been completed, and approximately 47
more units remained to be built in Phase 1 of the development. For Phase 2,management
anticipates that an additional 50 units will be in the future.



Under the Company’s
plan, each subdivision takes approximately 3 years to complete, from purchase of the land, through development of the property, through
construction of the units, and through sales of the units.



Management
anticipates that the Company will need to raise between $500,000 and $800,000 to start and begin construction of one
third of the units, approximately 15 units, which could be completed within approximately 12 months from start of construction. Once
the first units are completed, from each unit that is sold in the first year, the revenues will be used to finance construction
of the next phases and units. Management anticipates that at the end of the second year of operation, the Company will be able
to complete an additional 15 units. Finally, management anticipates that the remaining 17 units will be built on during the
third year, to meet the planned completion of 47 units in Phase1
in three years from commencement of construction.



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Additionally,
Management believes that the second phase of the development could include up to 52 additional units. Management anticipates that
both phases of the development could be completed by the end of 2016, although there can be no guarantee that the Company will
be able to complete development on this schedule.



Management
anticipates that the Property will become a new subdivision, and will include the following amenities and benefits:



|- | Automatic security gate entry;                                                                    
|- | --------------------------------------------------------------------------------------------------
|  |                                                                                                   
|- | Lush landscaping;                                                                                 
|  |                                                                                                   
|- | Approximately two minutes to Galleria Mall, and one exit from proposed new casino development; and
|  |                                                                                                   
|- | Private pond and clubhouse.                                                                       



With respect
to the individual units, Management anticipates that they will include the following features:



|- | Up to three bedrooms, 2 1⁄2 baths, single car garage, and open basement room;   
|- | ------------------------------------------------------------------------------
|  |                                                                               
|- | Open stairs and marble foyers;                                                
|  |                                                                               
|- | Granite countertops in kitchens, stainless steel appliances, with natural gas;
|  |                                                                               
|- | Two-zone heating and air conditioning; and                                    
|  |                                                                               
|- | Hardwood floors .                                                             



Management
anticipates that the constructed units will have the benefits and features listed, although there can be no guarantee that the
completed units will include all of the above features. Additionally, items such as landscaping and construction of the grounds
may take additional time beyond the time of construction of the units.



The Company
has no present plans to be acquired or to merge with another company or to enter into a change of control or similar transaction.
Additionally, to the knowledge of the Company’s management, none of the Company’s shareholders have plans
to enter into a change of control transaction or any similar transaction.



Management
does not believe that the Company is a “blank-check” company, because the Company has a business plan (described above
and in more detail throughout this Report), and has significant cases consisting of more than cash and cash equivalents (consisting
of land described more fully throughout this Report).



Company Offices



We are presently
using office space located at 1675 VFW Parkway, Chestnut Hill, MA 02467. There are presently no monthly lease payments. Mr. Trabelsi
believes that the current office space is sufficient enough for the company for the foreseeable future.



Financing Strategy



We will not
be able to develop land or construct multi-family dwellings and fully implement our business plan without first securing additional
outside financing. Whenever possible we will attempt to make arrangements with providers of services to defer payment until a later
stage in the construction process.



The Company
anticipates that it will finance its operations, at least initially, through the sale of its shares of common stock, which
will result in dilution to the current owners of our shares of common stock, and the purchasers of shares from the Selling Stockholders.
There can be no guarantee, however, that should we embark upon a strategy to sell our equity securities that such offering will
be successful in providing the Company with sufficient capital to implement its business plan.



Management
anticipates that the average construction price for the town homes will be approximately $180,000 - $200,000, and the
average selling price will be approximately $250,000, although there can be no guarantee that the Company will be able to
construct all the town homes at this cost, or sell any or all of the town homes for the anticipated selling price.



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Management
anticipates that each unit will be approximately 1500 ft.2, and that the Company’s building cost is roughly $100 for
each square foot, for a total of $150,000 costs to build each unit. Additionally, the costs associated with the land are approximately
$32,000 for each lot. Also, Management anticipates approximately $18,000 in commissions and soft costs for an approximate
total cost of $200,000 to complete each unit. The figures in the preceding sentences relating to construction costs are only
estimates made by management, and are based on management’s due diligence and research relating to local market conditions,
building lot costs, local construction and material costs, rather than on third - party valuations, or other outside
sources. Moreover, these estimates are based on management’s prior history and experience in construction in Massachusetts.
There can be no guarantee that the Company will be able to construct any of the units for the costs and amounts indicated.



Competition



The construction
industry is intensely competitive and fragmented. Competition comes from companies within the same business and companies
in other types of housing industries.  Different types of housing include homes built on site, apartment complexes, townhouses,
duplexes, and condominiums. Our Company will also compete with other home building companies in finding desirable land, financing,
raw materials and skilled labor.



Many of the
Company’s competitors in the multi-family dwelling construction business have longer operating histories and greater financial,
marketing and sales than the Company.



In order to
be competitive, we intend to construct multi-family dwellings for low cost but high quality. Our multi-family dwellings will need
to entice the customer not only financially, but aesthetically as well.  We plan to
appeal to a wide range of public taste throughout Massachusetts.  We also plan to be very selective when
choosing land to purchase and develop.  Finally, we plan to only employ talented and established professionals with
experience in our industry segment.



Employees



As of the date
of this Annual Report, we have one employee. The Company is currently in the development stage.  During the development
stage, we plan to rely substantially on the services of Mr. Trabelsi, our President, CEO, and CFO, to set up our business operations.



Mr. Trabelsi
currently works for the Company on a part-time basis and their time and efforts are being provided to the Company without compensation.
Mr. Trabelsi expects to devote approximately 40 hours each per week to our business.  He is prepared to dedicate additional
time to our operations, as needed.  We believe that our operations are currently on a small scale that is manageable
by these individual.



The construction
professionals we plan to utilize will be considered independent sub-contractors.  We do not intend to enter into any
employment agreements with any of these professionals. Thus, these persons are not intended to be employees of our company.



Employment Agreements



There are currently
no employment agreements and none are anticipated to be entered into within the next six months.



Board Committees



The Company
has not yet implemented any board committees as of the date of this Report.



Directors



The maximum
number of directors the Company is authorized to have is nine. However, in no event may the Company have fewer than one
director. Although the Company anticipates appointing additional directors, as of the date of this Annual Report, it had not identified
any such person.



As of the date
of this Annual Report, we had one director: Nissim Trabelsi.



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Director Compensation



None.



Off-Balance Sheet Arrangements



We do not have
any off-balance sheet arrangements.



Recent Developments



Forward Stock Split



On February 4, 2015, Mazzal Holding
Corp. filed an amendment to its Articles of Incorporation (as amended to date) to effectuate a 10-for-1 share forward stock split.
All share totals listed in this Annual Report are given as post-stock-split totals, i.e. fully reflecting the effect of the stock
split.



Stock Option and Restricted Stock
Plan



On January 15, 2015
Mazzal Holding Corp. adopted the 2015 Stock Option and Restricted Stock Plan. In connection with adopting the Plan, the Voting
Shareholders also approved a resolution that up to 50,000,000 shares of our common stock may be issued under the terms and conditions
of the Plan. That is, at its discretion, the Board of Directors may elect to have issued to directors, employees and consultants
it deems deserving, up to 50,000,000 newly issued shares of our common stock, options to purchase our common stock, or some combination
thereof. If our Board of Directors decides to issue shares of common stock or options to purchase our common stock, the issuance
of such securities would not affect the rights of the holders of our currently outstanding common stock, except for affects incidental
to increasing the number of outstanding shares of our common stock, such as dilution of the earnings per share and voting rights
of current holders of common stock.



Amendment to the
Articles of Incorporation



On February 4, 2015
the Voting Stockholders approved a resolution amending our Articles of Incorporation to issue up to 500,000,000 shares of our Common
Stock from its previous total of 20,000,000.





ITEM 1A. RISK FACTORS



Not required for Smaller Reporting Companies.



ITEM 2. PROPERTIES



On June 18, 2014, the Company deposited
$25,000 into escrow, towards a standard purchase and sale agreement, signed on July 1, 2014, with the Heather Realty Trust, for
the purchase of vacant land more fully described as Lots 21 and 25, better known as 1625 VFW Parkway, West Roxbury, MA 02132 for
a purchase price of $800,000.



ITEM 3. LEGAL PROCEEDINGS.



None.



ITEM 4. MINE SAFETY DISCLOSURES.



Not applicable.



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PART II



ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED
STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.



MARKET FOR COMMON EQUITY AND RELATED
STOCKHOLDER MATTERS



Market Information



There is no established public trading market for our securities and a regular trading market may not develop, or if developed, may not
be sustained. A stockholder in all likelihood, therefore, will not be able to resell his or her securities should
he or he desire to do so when eligible for public resale. Furthermore, it is unlikely that a lending institution will accept our
securities as pledged collateral for loans unless a regular trading market develops. We have no plans, proposals, arrangements,
or understandings with any person with regard to the development of a trading market in any of our securities.



In 2013, the
Company filed a registration statement (the “Registration Statement”) to register the resale by certain selling shareholders
of shares of the Company’s common stock. The Registration Statement was declared effective in February 2014. That Registration
Statement was a step toward creating a public market for the Company’s common stock, which may enhance the liquidity
of the Company’s shares. However, there can be no assurance that a meaningful trading market will develop. The Company and
its management make no representation about the present or future value of the Company’s common stock.



As of March
17, 2015:



1. There
are no outstanding options or warrants to purchase, or other instruments convertible into, common equity of the Company; and



2. There were
200,000,000 shares of the Company’s common stock held by 47 shareholders, including of its President, Nissim Trabelsi.



At the present
time, the Company is not classified as a “shell company” under Rule 405 of the Securities Act. As such, all restricted
securities presently held by the founder and other officers or directors of the Company may be resold in reliance on Rule 144,
once all requirements set forth in that Rule have been met.



Penny Stock Considerations



Our shares
likely will be “penny stocks” as that term is generally defined in the Exchange Act and the rules and regulations promulgated
thereunder to mean equity securities with a price of less than $5.00. Our shares thus will be subject to rules that impose sales
practice and disclosure requirements on broker - dealers who engage in certain transactions involving a penny stock.



Under the penny
stock regulations, a broker-dealer selling a penny stock to anyone other than an established customer or accredited investor must
make a special suitability determination regarding the purchaser and must receive the purchaser’s written consent to the
transaction prior to the sale. Generally, an individual with a net worth in excess of $1,000,000 or annual income exceeding $200,000
individually or $300,000 together with his or her spouse is considered an accredited investor. In addition, under the penny stock
regulations the broker - dealer is required to:



|
|



|· | Deliver, prior to any transaction involving a penny stock, a disclosure schedule prepared by the SEC relating to the penny stock market, unless the broker-dealer or the transaction is otherwise exempt;                                        
|- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  |                                                                                                                                                                                                                                                  
|· | Disclose commissions payable to the broker-dealer and our registered representatives and current bid and offer quotations for the securities;                                                                                                    
|  |                                                                                                                                                                                                                                                  
|· | Send monthly statements disclosing recent price information pertaining to the penny stock held in a customer’s account, the account’s value and information regarding the limited market in penny stocks; and                                    
|  |                                                                                                                                                                                                                                                  
|· | Make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser’s written agreement to the transaction, prior to conducting any penny stock transaction in the customer’s account.



Because of
these regulations, broker-dealers may encounter difficulties in their attempt to sell shares of our Common Stock, which may
affect the ability of our stockholders to sell their shares in the secondary market and have the effect of reducing the level of
trading activity in the secondary market. These additional sales practice and disclosure requirements could impede the sale of
our securities, if our securities become publicly traded. In addition, the liquidity for our securities may be decreased, with
a corresponding decrease in the price of our securities. Our shares in all probability will be subject to

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such penny stock rules
and our stockholders will, in all likelihood, find it difficult to sell their securities.



Holders



As of the date
of this Report, we had 47 holders of record of our Common Stock.



Dividends



We have not
declared any cash dividends on our Common Stock since our inception and do not anticipate paying such dividends in the foreseeable
future. Any decisions as to future payments of dividends will depend on our earnings and financial position and such other facts,
as the Board of Directors deems relevant.



Securities Authorized for Issuance
under Equity Compensation Plans



On January 15, 2015
Mazzal Holding Corp. adopted the 2015 Stock Option and Restricted Stock Plan. In connection with adopting the Plan, the Voting
Shareholders also approved a resolution that up to 50,000,000 shares of our common stock may be issued under the terms and conditions
of the Plan. That is, at its discretion, the Board of Directors may elect to have issued to directors, employees and consultants
it deems deserving, up to 50,000,000 newly issued shares of our common stock, options to purchase our common stock, or some combination
thereof. If our Board of Directors decides to issue shares of common stock or options to purchase our common stock, the issuance
of such securities would not affect the rights of the holders of our currently outstanding common stock, except for affects incidental
to increasing the number of outstanding shares of our common stock, such as dilution of the earnings per share and voting rights
of current holders of common stock.



Finally, to accommodate
the future issuance of our Common Stock pursuant to the terms and conditions of the Plan, the Voting Stockholders approved a resolution
amending our Articles of Incorporation to issue up to 500,000,000 shares of our Common Stock from its previous total of 20,000,000.



To date, no shares
of our common stock have been issued pursuant to the Plan.



Recent Sales of Unregistered
Securities



None.



ITEM 6. SELECTED FINANCIAL DATA



Because the Company is a “Smaller Reporting Company,”
this information is not required to be provided.



ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS



You should
read the following discussion of our financial condition and results of operations together with the audited financial statements
and the notes to the audited financial statements included in this Annual Report on Form 10-K. This discussion contains forward-looking
statements that reflect our plans, estimates and beliefs. Our actual results may differ materially from those anticipated in these
forward- looking statements.



We are a development
stage company and have not started operations or generated or realized any revenues from our business operations.



Our auditors
have issued an explanatory note regarding our ability to continue as a going concern. This means that our auditors believe there
is substantial doubt that we can continue as an on - going business for the next 12 months. Our auditor's opinion is
based on our suffering initial losses, having no operations, and having a working capital deficiency. The opinion results
from the fact that we have not generated any revenues and no revenues are anticipated until we acquire the required licenses and
complete our initial development. Accordingly, we must raise cash from sources other than operations. Our only other
source for cash at this time is investments by others in our company. We must raise cash to implement our project and begin our
operations. The money we raise in this offering will last six months.



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We have one
officer, Nissim Trabelsi, President and Director. He is responsible for our managerial and organizational structure which will
include preparation of disclosure and accounting controls under the Sarbanes Oxley Act of 2 0 02. When these controls
are implemented, Mr. Trabelsi, together with any other executive officers in place at that time, will be responsible for the
administration of the controls. Should they not have sufficient experience, they may be incapable of creating and implementing
the controls which may cause us to be subject to sanctions and fines by the Securities and Exchange Commission which ultimately
could cause you to lose your investment.



We must raise
cash to implement our business plan. The amount of funds which the Company will need to raise that we feel will allow us to implement
our business strategy is approximately $800,000. We feel if we cannot raise at least $500,000, the Company will not be able
to accelerate the implementation of its business strategy and will be seriously curtailed. We will need to raise the funds through
private offerings of our securities or through other means, as we will receive no proceeds from the sales of shares by the Selling
Stockholders in this offering.



The Company
was incorporated on January 23, 2013, under the laws of the State of Nevada. The Company is a startup and has not yet realized
any revenues.  Our efforts have focused primarily on the development and implementation of our business plan.  No
development related expenses have been or will be paid to affiliates of the Company.



Generating
revenues in the next six to twelve months is important to support our planned ongoing operations. However, we cannot guarantee
that we will generate such growth.  If we do not generate sufficient cash flow to support our operations over the next
12 to 18 months, we may need to raise additional capital by issuing capital stock in exchange for cash in order to continue as
a going concern.  There are no formal or informal agreements to attain such financing.  We cannot assure you
that any financing can be obtained or, if obtained, that it will be on reasonable terms. Without realization of additional capital, it
would be unlikely for us to continue as a going concern.



Our management
does not anticipate the need to hire additional full or part- time employees over the next six months, as the services provided
by our officers and directors appears sufficient at this time.  We believe that our operations are currently on a small
scale that is manageable by a few individuals.  Our management's responsibilities are mainly administrative at this early
stage.  While we believe that the addition of employees is not required over the next six months, the professionals we
plan to utilize will be considered independent sub - contractors. We do not intend to enter into any employment agreements
with any of these professionals.  Thus, these persons are not intended to be employees of our company.



Our management
does not expect to incur research and development costs. We do not have any off-balance sheet arrangements.



We currently
do not own any significant plants or equipment that we would seek to sell in the near future.



We have not
paid for expenses on behalf of our director.  Additionally, we believe that this fact shall not materially change.



Plan of Operation



The Company’s
anticipated plan of operation is to construct multi - family dwellings in Massachusetts, both on the Property owned by
the Company, and on additional parcels of property which the Company may purchase in the future.



Under the Company’s
plan, each subdivision takes approximately 3 years to complete, from purchase of the land, through development of the property, through
construction of the units, and through sales of the units.



Management
anticipates that the Company will need to raise between $500,000 and $800,000 to start and begin construction of one
third of the units, approximately 15 units, which could be completed within approximately 12 months from start of construction . Once
the first units are completed, from each unit that is sold in the first year, the revenues will be used to finance construction
of the next phases and units. Management anticipates that at the end of the second year of operation, the Company will be able
to complete an additional 15 units. Finally, management anticipates that the remaining 17 units will be built on during the
third year, to meet the planned completion of 47 units in three years from commencement of construction.



Upon completing
this offering, we intend to commence development of our Property, provide infrastructure, and manage the process, within
the state of Massachusetts. To begin these developments we will need to acquire the correct licenses to begin

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producing our homes.  Mr.
Trabelsi currently has all licenses that would be required to successfully engage in all activities envisioned in our business
plan.



Management
anticipates that the average construction price for the town homes will be approximately $180,000 -$200,000, and the
average selling price will be approximately $250,000, although there can be no guarantee that the Company will be able to
construct all the town homes at this cost, or sell any or all of the town homes for the anticipated selling price.



As noted above,
third-party lenders generally provide consumer financing for multi - family dwelling purchases. Our sales will depend
in large part on the availability and cost of financing for multi-family home purchasers. The availability and cost of such financing
is further dependent on the number of financial institutions participating in the industry, the departure of financial institutions
from the industry, the financial institutions' lending practices, and the strength of the credit markets generally, governmental
policies and other conditions, all of which are beyond our control. If additional third - party financing for the
purchases of our Company’s homes does not become available, our operations could be negatively affected.



Management
anticipates that each unit will be approximately 1500 ft.2, and that the Company’s building cost is roughly $100 for
each square foot, for a total of $150,000 costs to build each unit. Additionally, the costs associated with the land are approximately
$32,000 for each lot. Also, Management anticipates approximately $18,000 in commissions and soft costs for an approximate
total cost of $200,000 to complete each unit. As noted above, the figures in the preceding sentences relating to construction
costs are only estimates made by management, and are not based on surveys, third - party valuations, or other outside
sources. These estimates are based on management’s prior history and experience in construction in Massachusetts, and there
can be no guarantee that the Company will be able to construct any of the units for the costs and amounts indicated.



The Company’s
ability to commence operations is entirely dependent upon its ability to raise additional capital, most likely through the sale
of additional shares of the Company’s common stock or other securities. As noted above, Management anticipates that the Company
will need approximately $500,000 - $800,000 over the next twelve months to implement the Company’s business plan and
commence construction of multi-family dwellings.



Management
believes that if the Company cannot raise the funds needed through equity offerings of the Company’s securities, the Company
likely will look to commercial or bank financing of its project for the capital needed. There can be no guarantee that the Company
will be able to obtain such bank or commercial financing on terms that are acceptable to the Company, or at all.



The realization
of revenues in the next twelve months is important in the execution of the plan of operations. However, if the Company cannot raise
additional capital by issuing capital stock in exchange for cash, or through obtaining commercial or bank financing, in order to
continue as a going concern, the Company may have to curtail or cease its operations. As of the date of this Report, there were
no formal or informal agreements to attain such financing. The Company cannot assure any investor that, if needed, sufficient financing
can be obtained or, if obtained, that it will be on reasonable terms. Without realization of additional capital, it would
be unlikely for operations to continue.



Forward Looking Statements.



Information
in this Annual Report on Form 1 0- K contains “forward looking statements” within the meaning of Rule 175
of the Securities Act of 1933 , as amended , and Rule 3b-6 of the Securities Act of 1934 , as
amended . When used in this Form 10-K , the words “expects,” “anticipates,” “believes,”
“plans,” “forecasts , ” “projects,” “intends,” “strategy,”
“may,” “will,” “will likely result , ” and similar expressions are intended to identify
forward-looking statements . These are statements that relate to future periods and include , but are not limited
to , statements regarding the adequacy of cash , expectations regarding net losses and cash flow , statements
regarding growth , the need for future financing , dependence on personnel , and operating expenses.



Forward-looking
statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected.
These forward-looking statements speak only as of the date hereof. The Company expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations
with regard thereto or any change in events , conditions or circumstances on which any such statement is based.



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Critical Accounting Policies



The  SEC  has  issued  Financial  Reporting  Release  No.  6 0 ,  “Cautionary  Advice  Regarding  Disclosure  About  Critical  Accounting Policies”
(“FRR 6 0 ”), suggesting companies provide additional disclosure and commentary on their most critical accounting
policies. In FRR 6 0 , the Commission has defined the most critical accounting policies as the ones that are
most important to the portrayal of a company’s financial condition and operating results, and require management to
make its most difficult and subjective judgments, often as a result of the need to make estimates of matters that are inherently
uncertain . Based on this definition, the Company’s most critical accounting policies include: (a) use of estimates;
(b) real estate assets; (c) impairment long lived assets; (d) Real Estate Assets Held for Sale and Discontinued Operations; and
(e) Share Based Payments. The methods, estimates and judgments the Company uses in applying these most critical accounting policies
have a significant impact on the results the Company reports in its financial statements.



(a) Use of Estimates



The preparation
of financial statements in conformity with accounting principles generally accepted in the United States 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 of the financial statements and the reported amounts or revenues and expenses during the reporting period.
Actual results could differ from those estimates .



(b) Real estate assets



Real estate
assets are stated at cost less accumulated depreciation and amortization. Costs directly related to the acquisition, development
and construction of properties are capitalized. Acquisition-related costs are expensed as incurred. Capitalized development and
construction costs include pre-construction costs essential to the development of the property, development and construction costs,
interest, property taxes, insurance, salaries and other project costs incurred during the period of development .



Ordinary repairs
and maintenance are expensed as incurred; major replacements and betterments, which improve or extend the life of the asset, are
capitalized and depreciated over their estimated useful lives. Fully-depreciated assets are removed from the accounts.



The Company
considers a construction project as substantially completed and held available for sale upon the completion of tenant improvements,
but no later than one year from cessation of major construction activity (as distinguished from activities such as routine maintenance
and cleanup).



Depreciation
is calculated using the straight-line method over the estimated useful lives of the properties. The estimated useful lives are
as follows:



|Buildings and improvements           | 10 to 40 years
|------------------------------------ | --------------
|                                     |               
|Other building and land improvements | 20 years      
|                                     |               
|Furniture, fixtures and equipment    | 5 to 10 years 



(c) Impairment Long-Lived Assets



For purposes
of recognition and measurement of an impairment loss, a long-lived asset or assets are grouped with other assets and liabilities
at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities.
The Company assesses the impairment of long-lived assets (including identifiable intangible assets) annually or whenever events
or changes in circumstances indicate that the carrying value may not be recoverable.



When management
determines that the carrying value of long-lived assets may not be recoverable based upon the existence of one or more of the above
indicators of impairment, we test for any impairment based on a projected undiscounted cash flow method . Projected future
operating results and cash flows of the asset or asset group are used to establish the fair value used in evaluating the carrying
value of long- lived and intangible assets. The Company estimates the future cash flows of the long-lived assets using current
and long-term financial forecasts. The carrying amount of a long-lived asset is not recoverable

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if it exceeds the sum of the undiscounted
cash flows expected to result from the use and eventual disposition of the asset. If this were the case, an impairment loss would
be recognized. The impairment loss recognized is the amount by which the carrying amount exceeds the fair value.



(d) Real Estate Assets Held for
Sale and Discontinued Operations



The Company
periodically classifies real estate assets as held for sale. An asset is classified as held for sale after the approval of the
Company’s board of directors and after an active program to sell the asset has commenced. Upon the classification of a real
estate asset as held for sale, the carrying value of the asset is reduced to the lower of its net book value or its estimated fair
value, less costs to sell the asset. Subsequent to the classification of assets as held for sale, no further depreciation expense
is recorded. Real estate assets held for sale are stated separately on the accompanying balance sheets. Upon a decision to no longer
market an asset for sale, the asset is classified as an operating asset and depreciation expense is reinstated.



(e) Share based payments



The Company
accounts for the issuance of equity instruments to acquire goods and/or services based on the fair value of the goods and services
or the fair value of the equity instrument at the time of issuance, whichever is more readily determinable. The Company's accounting
policy for equity instruments issued to consultants and vendors in exchange for goods and services follows the provisions of standards
issued by the FASB. The measurement date for the fair value of the equity instruments issued is determined at the earlier of (i)
the date at which a commitment for performance by the consultant or vendor is reached or (ii) the date at which the consultant
or vendor's performance is complete. In the case of equity instruments issued to consultants, the fair value of the equity instrument
is recognized over the term of the consulting agreement.



JOBS Act



On April 5 , 2012,
the JOBS Act was signed into law. The JOBS Act contains provisions that, among other things, reduce certain reporting requirements
for qualifying public companies. As an “emerging growth company,” we have the option to delay adoption of new or revised
accounting standards until those standards would otherwise apply to private companies, until the earlier of the date that (i) we
are no longer an emerging growth company or (ii) we affirmatively and irrevocably opt out of the extended transition period for
complying with such new or revised accounting standards. We have elected to opt out of this extended transition period. As noted,
this election is irrevocable.



To date, we
have not earned any revenue from operations. Accordingly, our activities have been accounted for as those of a “Development
Stage Company” as set forth in Financial Accounting Standards Board ASC 915. Among the disclosures required by ASC 915 are
that the our financial statements be identified as those of a development stage company, and that the statements of operations,
stockholders’ equity and cash flows disclose activity since the date of our inception.



Our financial
statements and related public financial information are based on the application of accounting principles generally accepted in
the United States ("US GAAP"). US GAAP requires the use of estimates; assumptions, judgments and subjective interpretations
of accounting principles that have an impact on the assets, liabilities, revenues and expenses amounts reported. These estimates
can also affect supplemental information contained in our external disclosures including information regarding contingencies , risk
and financial condition. We believe our use of estimates and underlying accounting assumptions adhere to GAAP and are consistently
and conservatively applied. We base our estimates on historical experience and on various other assumptions that we believe to
be reasonable under the circumstances. Actual results may differ materially from these estimates under different assumptions or
conditions . We continue to monitor significant estimates made during the preparation of our financial statements.



We suggest
that our significant accounting policies, as described in our financial statements in the Summary of Significant Accounting Policies,
be read in conjunction with this Management's Discussion and Analysis of Financial Condition and Results of Operations.



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Recent Accounting Pronouncements



None.



Off-Balance Sheet Arrangements



None.



ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA



Audited financial statements as of and
for the period ended December 31, 2014 and for the period of inception (January 23, 2013) through December 31, 2014, are presented
in a separate section of this report following Item 15.

ITEM 9. CHANGES IN AND DISAGREEMENTS
WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE



None.



ITEM 9A. CONTROLS AND PROCEDURES



Management’s Report on Disclosure Controls and Procedures



We maintain disclosure controls and procedures
that are designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act
of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the Securities and
Exchange Commission's rules and forms, and that such information is accumulated and communicated to our management, to allow for
timely decisions regarding required disclosure.



As of December 31, 2014, the end of our fiscal
year covered by this report, we carried out an evaluation, under the supervision of our Chief Executive Officer and our principal financial
officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on the foregoing, we
concluded that our disclosure controls and procedures were ineffective as of the end of the period covered by this annual report.
Our board of directors has one member. We do not have a formal audit committee.



Management’s Report on Internal Control over Financial
Reporting



Our management is responsible for establishing
and maintaining adequate internal control over financial reporting (as defined in Rule 13a-15(f) under the Securities Exchange
Act, as amended). In fulfilling this responsibility, estimates and judgments by management are required to assess the expected
benefits and related costs of control procedures. The objectives of internal control include providing management with reasonable,
but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that transactions
are executed in accordance with management’s authorization and recorded properly to permit the preparation of consolidated
financial statements in conformity with accounting principles generally accepted in the United States. Our management assessed
the effectiveness of our internal control over financial reporting as of December 31, 2014. In making this assessment, our management
used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal
Control-Integrated Framework. Our management has concluded that, as of December 31, 2014, our internal control over financial
reporting is ineffective in providing reasonable assurance regarding the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance with US generally accepted accounting principles.



This annual report does not include an attestation
report of the Company’s registered public accounting firm regarding internal control over financial reporting. Management’s
report was not subject to attestation by the Company’s registered public accounting firm pursuant to temporary rules of the
Securities and Exchange Commission that permit the Company to provide only management’s report in this annual report.



Inherent limitations on effectiveness of controls



Internal control over financial reporting
has inherent limitations which include but is not limited to the use of independent professionals for advice and guidance,
interpretation of existing and/or changing rules and principles, segregation of management duties, scale of organization, and
personnel factors. Internal control over financial reporting is a process which involves human diligence and compliance and
is subject to lapses in judgment and breakdowns resulting from human failures. Internal control over financial reporting also
can be circumvented by collusion or improper management override. Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements on a timely basis, however these inherent limitations are known
features of the financial reporting process and it is possible to design into the process safeguards to reduce, though not
eliminate, this risk. Therefore, even those systems determined to be effective can provide only reasonable assurance with
respect to financial statement preparation and presentation. Projections of any evaluation of effectiveness to future periods
are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.



Changes in Internal Control over Financial Reporting



There have been no significant changes in our
internal controls over financial reporting that occurred during the year ended December 31, 2014 that have materially or are reasonably
likely to materially affect, our internal controls over financial reporting.





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ITEM 9B. OTHER ITEMS



Code of Ethics



As of the date of this Report, we had
not adopted a formal, written code of conduct (“Code of Ethics”) within the specific guidelines promulgated by
the SEC, although we intend to adopt a Code of Ethics during the second or third quarter of 2015.



PART III



ITEM 10.  DIRECTORS, EXECUTIVE
OFFICERS, AND CORPORATE GOVERNANCE DIRECTORS AND EXECUTIVE OFFICERS



Directors are elected by the stockholders
to a term of one year and serves until his or her successor is elected and qualified.  Each of the officers is appointed
by the Board of Directors to a term of one year and serves until her or her successor is duly elected and qualified, or until he
or she is removed from office.  The Board of Directors has no nominating, auditing or compensation committees.







Background of Directors, Executive
Officers



Nissim   Trabelsi,   President,   CEO,   CFO,   Director;   Age   52:Mr.
Trabelsi was born in Tiberias, Israel, and served in the Israeli Army in combat engineering services. He studied for two years
at a technical engineering school in Tel Aviv, Israel. In 1989, he began his own building company, Trabelsi Builders,
Inc., in Boston, Massachusetts. He holds an unrestricted supervisor building license, and has been building unique design and custom
built homes. Over the past five years, he has been active in the commercial and multi-family construction industries. Mr.
Trabelsi’s roles in these projects included being involved with architectural designs of the projects, as a manufacturer
and builder of the structures, and being project manager for the projects.



Mr. Trabelsi has over 25 years’
experience in the construction industry. In the past five years, Mr. Trabelsi was involved in building residential and commercial
structures. With respect to commercial construction, he recently completed construction of a 10,000 - square-foot synagogue
in Newton, Massachusetts, in addition to a multi -family building with 7 units. Mr. Trabelsi is also certified engineer steel
structure disturber. Management anticipates that in connection with the construction of the initial and subsequent projects, Mr.
Trabelsi will directly manage the entire construction of the subdivision to completion. Management believes that Mr. Trabelsi’s
years of construction, contracting, and building experience make him an ideal officer and director of the Company.



Meetings of the Board of Directors



The Board of
Directors met monthly during 2014, and all Directors attended all of the meetings of the Board.



The Board of Directors and Committees



As of the date
of this Report, we had no independent directors. However, because we intend to list our stock for trading on the OTC Bulletin Board
or the OTC Markets, which do not require independent directors, we are not required to have independent directors. We anticipate
appointing independent directors as required in the future.



Audit Committee



As of the date
of this Report, we did not have a standing Audit Committee. We intend to establish an Audit Committee of the Board of Directors,
which will consist of independent directors, of which at least one director will qualify as a qualified financial expert as defined
in the regulations of the SEC.  The Audit Committee’s duties would be to recommend to our Board of Directors the
engagement of independent auditors to audit our consolidated financial statements and to review our accounting and auditing principles.  The
Audit Committee would review the scope, timing and fees for the annual audit and the results of audit examinations performed by
the internal auditors, if any, and independent public accountants, including their recommendations to improve the system of accounting
and internal control.  The Audit Committee would at all times be composed exclusively of directors who are, in the opinion
of our Board of Directors , free from any relationship that would interfere with the exercise of independent judgment
as a committee member and who possess an understanding of financial statements and generally accepted accounting principles.  As
of the date of this Report, we did not have an audit committee financial expert, in light of our size, although we intend to review
this issue as the Company grows, especially as the Company implements a standing Audit Committee.



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Compensation Committee



As of the date of this Report, we did
not have a standing Compensation Committee. We intend to establish a Compensation Committee of the Board of Directors.  The
Compensation Committee would review and approve our salary and benefits policies, including compensation of executive officers.  The
Compensation Committee would also administer any stock option plans that we may adopt and recommend and approve grants of stock
options under such plans.



Nominating and Corporate Governance
Committee



As of the date of this Report, we did
not have a standing Nominating and Corporate Governance Committee. We intend to establish a Nominating and Corporate Governance
Committee of the Board of Directors to assist in the selection of director nominees, approve director nominations to be presented
for stockholder approval at our annual meeting of stockholders and fill any vacancies on our Board of Directors, consider  any  nominations  of  director  candidates  validly  made  by  stockholders,  and  review  and  consider  developments  in  corporate
governance practices .





Code of Ethics



As of the date of this Report, we had
not adopted a formal, written code of conduct (“Code of Ethics”) within the specific guidelines promulgated by the
SEC, although we intend to adopt a Code of Ethics during the second or third quarter of 2015.



Corporate Governance



As of the date of this Annual Report,
we had one director and three officers. Once the Company is able to increase its number of directors and executive officers,
the Company intends to approve an Internal Control Manual so that management has an organizational guide for the purpose of establishing
policy toward Company-wide treatment of check writing and receiving, as well as the items relating to disclosure to shareholders
and regulators.



Indemnification



Under our Articles of Incorporation
and Bylaws, we may indemnify an officer or director who is made a party to any proceeding, including a lawsuit, because of his
position, if he acted in good faith and in a manner he reasonably believed to be in our best interest. We may advance expenses
incurred in defending a proceeding. To the extent that the officer or director is successful on the merits in a proceeding as to
which he is to be indemnified, we must indemnify him against all expenses incurred, including attorney's fees. With respect to
a derivative action, indemnity may be made only for expenses actually and reasonably incurred in defending the proceeding, and
if the officer or director is judged liable, only by a court order. The indemnification is intended to be to the fullest extent
permitted by the laws of the State of Nevada.



Regarding indemnification for liabilities
arising under the Securities Act which may be permitted to directors or officers under Nevada law, we are informed that, in the
opinion of the Securities and Exchange Commission, indemnification is against public policy, as expressed in the Securities Act
and is, therefore, unenforceable.



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ITEM 11. EXECUTIVE COMPENSATION



Executive Compensation



The Company was formed in January 2013.
No officer or director has received any compensation from the Company since the inception of the Company. Until the Company
acquires additional capital, it is not anticipated that any officer or director will receive compensation from the Company other
than reimbursement for out - of-pocket expenses incurred on behalf of the Company.



On January 15, 2015 the Company
adopted the 2015 Stock Option and Restricted Stock Plan. In connection with adopting the Plan, the Voting Shareholders also approved
a resolution that up to 50,000,000 shares of our common stock may be issued under the terms and conditions of the Plan. That is,
at its discretion, the Board of Directors may elect to have issued to directors, employees and consultants it deems deserving,
up to 50,000,000 newly issued shares of our common stock, options to purchase our common stock, or some combination thereof. If
our Board of Directors decides to issue shares of common stock or options to purchase our common stock, the issuance of such securities
would not affect the rights of the holders of our currently outstanding common stock, except for affects incidental to increasing
the number of outstanding shares of our common stock, such as dilution of the earnings per share and voting rights of current
holders of common stock.



We have no
employment agreements with our officers, although we may enter into such agreements following our receipt of additional capital.



The Company
does not have a standing compensation committee, audit committee, nomination committee, or committees performing similar functions.
We anticipate that we will form such committees of the Board of Directors once we have a full Board of Directors.



Directors' Compensation



Directors are
entitled to receive reimbursement of out-of-pocket expenses.



There are no
other formal or informal arrangements or agreements to compensate directors for services provided as directors.



Stock Option Grants



The Company has not granted any
stock options.



Employment Agreements



There are no employment agreements.



20


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ITEM 12.  SECURITY OWNERSHIP
OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS



SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT



The following table provides the names
and addresses of each person known to the Company to own more than 5% of the outstanding common stock as of March 17, 2014, and
by the Officers and Directors, individually and as a group. Except as otherwise indicated, all shares are owned directly.



|Title of Class                                     |  | Name and Address
        of Beneficial Owner |  | Amount of
        Beneficial Ownership |  | Percent of
        Class* |      
|-------------------------------------------------- |  | -------------------------------------------- |  | -------------------------------------- |  | ------------------------- | -----
|                                                   |  |                                              |  |                                        |  |                           |      
|Common Stock                                       |  | Nissim Trabelsi                              |  | 45,800,000 Shares                      |  |                           | 22.90
|                                                   |  | 1675 VFW Parkway Suite 189                   |  |                                        |  |                           |      
|                                                   |  | Chestnut Hill, MA 02467                      |  |                                        |  |                           |      
|                                                   |  |                                              |  |                                        |  |                           |      
|Common Stock                                       |  | Mazzal Trust                                 |  | 150,000,000 Shares                     |  |                           | 75.00
|                                                   |  | 20 Burrage Rd,                               |  |                                        |  |                           |      
|                                                   |  | Newton, MA 02459                             |  |                                        |  |                           |      
|                                                   |  |                                              |  |                                        |  |                           |      
|Officers and Directors as a Group (1 individual)** |  |                                              |  | 45,800,000 Shares                      |  |                           | 22.90



*The percent of class is based on
200,000,000 shares of common stock issued and outstanding as of March 17, 2015.

** Ms. Mazzal Ilooz, a prior director of the Company, resigned
from the Board on February 27, 2014. On August 13, 2014, Harold Fisher resigned as the Chairman of the Company to pursue other
interests



As noted above, on February 4, 2015, the Company effectuated
a forward stock split at a ratio of ten new shares for each one existing share (10:1). The share totals given throughout this Annual
Report reflect post-stock-split totals, i.e. fully reflecting the effect of the stock split.



ITEM 13. CERTAIN RELATIONSHIPS
AND RELATED TRANSACTIONS WITH RELATED PERSONS



As noted herein,
the Company’s President, Founder, and sole promoter, Nissim Trabelsi, received 478,000 shares of the Company’s common stock
in connection with his formation of the Company and for services provided to date.



Additionally,
Mazzal Ilooz, a former officer and director of the Company, is the Trustee of the Mazzal Trust, the entity which sold the Property
to the Company.



Nissim Trabelsi,
the President of the Company, is a second trustee of the Mazzal Trust.



The Company’s
property is located in the Green Pines Townhomes subdivision, and the subdivision is managed by the Green Pines Townhomes Condominium
Trust. The manager of the Green Pines Townhomes Condominium Trust is Green Pines, LLC, a shareholder of the Company, the manager
of which is Marty Trabelsi, the brother of Nissim Trabelsi, the Company’s President.



Banys LLC is
an entity controlled by Lizet Trabelsi, who has voting and dispositive control over the Company’s shares of common stock.
Lizet Trabelsi is the wife of Nissim Trabelsi.



Non Stop LLC
and Green Pines LLC are entities controlled by Marty Trabelsi, who has voting and dispositive control over the Company’s
shares of common stock. Marty Trabelsi is the brother of Nissim Trabelsi.



Brendon Trabelsi,
a shareholder, is the son of Nissim Trabelsi.



The Company is now a shareholder
in Command Control Center Corp., a new development stage company of which Mr. Trabelsi is the Founder and Chief Executive Officer.
Command Control Center Corp., plans to file an S-1 registration statement in the first quarter of 2015, and will offer a software
platform that provides users the ability to consolidate the services provided by multiple other websites into one service accessible
on the internet or through a desktop application. The software platform will offer the ability to streamline daily computer use
by managing multiple contact lists, hosting a home page with a personal and professional business profile, and providing an interface
to send, among other things, gifts, money, invoices, proposals, and invitations. Mazzal Holding Corp., owns 200,000,000 shares
of Command Control Center Corp., common stock.

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The Company is now a shareholder
in King David Hotels Corp., a new development stage company of which Mr. Trabelsi is the Founder and Chief Executive Officer.
King David Hotels Corp., plans to file an S-1 registration statement in the first quarter of 2015, will offer a luxury boutique
hotel catering to the local Jewish community as well as Jewish tourists. In addition to its 160 rooms spanning 50,000 square feet
and over three acres, the hotel will offer multiple commercial retail spaces, a large event room for rent, and a fine dining restaurant
and grill, most notably. To further the experience that guests will receive at the hotel, there will also be a Synagogue and a
supermarket in the building. Mazzal Holding Corp., owns 200,000,000 shares of King David Hotels Corp., common stock.

Other than
these, to the Company’s knowledge, no Selling Stockholder has, or had, any material relationship with our officers or directors.



Director Independence



As of the date
of this Report, we had no independent directors as defined by the rules of the SEC or any securities exchange or inter-dealer quotation
system.  Our stock has been accepted for trading on the OTC Bulletin Board or the OTC Markets, neither of which imposes
standards relating to director independence or the makeup of committees with independent directors, or provide definitions of independence.



SECTION 16(a) BENEFICIAL OWNERSHIP
REPORTING COMPLIANCE



The Company's executive officers, directors
and 10% stockholders are required under Section 16 of the Securities Exchange Act of 1934, as amended, to file reports of ownership
and changes in ownership with the Securities and Exchange Commission. Copies of these reports must also be furnished to the Company.



To the best of our knowledge based solely
on our review of the copies of the reports received by us and written representations from certain reporting persons, we note that
all of our directors, executive officers, and greater than 10 percent shareholders filed all required reports during or with respect
to the year ended December 31, 2014, on a timely basis.



ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES



Dov Weinstein & Co. C.P.A. (Isr),
an independent registered public accounting firm (“Weinstein”) is our independent registered public accounting firm.



Audit Fees



The aggregate fees billed or to be billed
by Weinstein for professional services rendered for the audit of our annual financial statements, review of our quarterly financial
statements or services that are normally provided in connection with statutory and regulatory filings were $4,000 for the
period ended December 31, 2014.



Audit Related Fees



There were no fees billed by Weinstein
for assurance and related services that are reasonably related to the performance of the audit or review of our financial statements
for the year ended December 31, 2014.





Tax Fees



There
were no fees billed by Weinstein for professional services for tax compliance, tax advice, tax planning for the year ended December
31,2014.



All Other Fees



There were no fees billed by Weinstein
for other products and services for the year ended December 31, 2014.





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PART IV



ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES



15(a)(1). Financial Statements.



The following financial statements, and related notes and
Report of Independent Registered Public Accounting Firm are filed as part of this Annual Report:









































MAZZAL HOLDING CORP

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS





|CONTENTS:                                                                                                                                     |    
|--------------------------------------------------------------------------------------------------------------------------------------------- | ---
|                                                                                                                                              |    
|Report of Independent Registered Public Accounting Firm                                                                                       | F-2
|                                                                                                                                              |    
|Consolidated Balance Sheets as of December 31, 2014 and 2013                                                                                  | F-3
|                                                                                                                                              |    
|Consolidated Statement of Operations for the year ended December 31, 2014 and from January 23, 2013 (date of inception) to December 31, 2014  | F-4
|                                                                                                                                              |    
|Consolidated Statements of Stockholders' Equity for the period from January 23, 2013 (date of inception) to December 31, 2014                 | F-5
|                                                                                                                                              |    
|Consolidated Statements of Cash Flows for the year ended December 31, 2014 and from January 23, 2013 (date of inception) to December 31, 2014 | F-6
|                                                                                                                                              |    
|Notes to Consolidated Financial Statements                                                                                                    | F-7









F-1


Table of Contents


REPORT OF THE INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM





To the Board of Directors and Stockholders
of

Mazzal Holding Corp



We have audited the accompanying consolidated
balance sheets of Mazzal Holding Corp (“the Company”) as of December 31, 2014 and 2013, the related consolidated statements
of operations, cash flows and changes in stockholders’ equity for the year ended December 31, 2014 and for the period from
January 23, 2013 (inception) through December 31, 2013. These consolidated financial statements are the responsibility of the Company’s
management. Our responsibility is to express an opinion on these financial statements based on our audits.



We conducted our audit in accordance
with 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 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. We believe that our audit provides
a reasonable basis for our opinion.



In our opinion, the consolidated financial
statements referred to above present fairly, in all material respects, the financial position of Mazzal Holding Corp as of December
31, 2014 and the results of its operations and cash flows for the periods described above in conformity with accounting principles
generally accepted in the United States of America.



The accompanying consolidated financial
statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial
statements, the Company has not established any source of revenue to cover its operating costs. As of December 31, 2014, the Company
has a working capital deficit and insufficient cash resources to meet its planned business objectives. These and other factors
raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plan regarding these
matters is also described in Note 2 to the consolidated financial statements. The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.





/s/ Dov Weinstein & Co. C.P.A.
(Isr)

www.wcpa.co.il

Jerusalem, Israel

February 18, 2015

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Table of Contents




MAZZAL HOLDING CORP

CONSOLIDATED BALANCE SHEETS

as of



|ASSETS                                                                                                                                  | December 31 2014 |  | December 31 2013
|--------------------------------------------------------------------------------------------------------------------------------------- | ---------------- |  | ----------------
|                                                                                                                                        | $                |  | $               
|Current assets:                                                                                                                         |                  |  |                 
|Cash and cash equivalents                                                                                                               | 3,000            |  | 4               
|Prepaid expenses                                                                                                                        | 300              |  | -               
|Total current assets                                                                                                                    | 3,300            |  | 4               
|                                                                                                                                        |                  |  |                 
|Real estate assets, at cost:                                                                                                            |                  |  |                 
|Land held for development                                                                                                               | 1,525,000        |  | 1,524,000       
|Total real estate assets                                                                                                                | 1,525,000        |  | 1,524,000       
|                                                                                                                                        |                  |  |                 
|Land deposit                                                                                                                            | 25,000           |  | -               
|                                                                                                                                        |                  |  |                 
|TOTAL ASSETS                                                                                                                            | 1,553,300        |  | 1,524,004       
|                                                                                                                                        |                  |  |                 
|                                                                                                                                        |                  |  |                 
|LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                    |                  |  |                 
|                                                                                                                                        |                  |  |                 
|Current liabilities:                                                                                                                    |                  |  |                 
|Bank overdrafts                                                                                                                         | -                |  | 2,623           
|Accounts payable and accrued liabilities                                                                                                | 17,929           |  | 6,500           
|Loan from related party                                                                                                                 | 37,172           |  | -               
|                                                                                                                                        |                  |  |                 
|Total Liabilities                                                                                                                       | 55,101           |  | 9,123           
|                                                                                                                                        |                  |  |                 
|Stockholders’ Equity                                                                                                                    |                  |  |                 
|Preferred stock, $0.0001 par value, 100,000,000 authorized shares; no shares issued and outstanding                                     | -                |  | -               
|Common stock, $0.0001 par value; 500,000,000 shares authorized; 200,000,000 shares issued and outstanding at December 31, 2014 and 2013 | 20,000           |  | 20,000          
|Additional paid-in capital                                                                                                              | 1,522,200        |  | 1,522,200       
|Accumulated deficit                                                                                                                     | (44,001)         |  | (27,319)        
|                                                                                                                                        |                  |  |                 
|Total Stockholders’ Equity                                                                                                              | 1,498,199        |  | 1,514,881       
|                                                                                                                                        |                  |  |                 
|TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                              | 1,553,300        |  | 1,524,004       





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

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Table of Contents


MAZZAL HOLDING CORP

CONSOLIDATED STATEMENT OF OPERATIONS



|                                                       |  |  | Year Ended        |  | Period from January 23, 2013 (Inception) to
|------------------------------------------------------ |  |  | ----------------- |  | -------------------------------------------
|                                                       |  |  | December 31, 2014 |  | December 31, 2013                          
|                                                       |  |  | $                 |  | $                                          
|                                                       |  |  |                   |  |                                            
|Revenue                                                |  |  | -                 |  | -                                          
|                                                       |  |  |                   |  |                                            
|Operating expenses:                                    |  |  |                   |  |                                            
|General and administrative:-                           |  |  |                   |  |                                            
|Filing fees                                            |  |  | -                 |  | 458                                        
|Management fees                                        |  |  | -                 |  | 3,000                                      
|Other costs                                            |  |  | 2,249             |  | 7,661                                      
|Professional fees                                      |  |  |                   |  |                                            
|Auditors fees                                          |  |  | 10,500            |  | 6,500                                      
|Legal fees                                             |  |  | 3,000             |  | 2,840                                      
|Setup costs                                            |  |  | 942               |  | 6,864                                      
|                                                       |  |  |                   |  |                                            
|Total operating expenses                               |  |  | (16,691)          |  | (27,323)                                   
|                                                       |  |  |                   |  |                                            
|Loss from operations                                   |  |  | (16,691)          |  | (27,323)                                   
|                                                       |  |  |                   |  |                                            
|Other income                                           |  |  |                   |  |                                            
|Interest income                                        |  |  | 9                 |  | 4                                          
|                                                       |  |  |                   |  |                                            
|Net loss                                               |  |  | (16,682)          |  | (27,319)                                   
|                                                       |  |  |                   |  |                                            
|                                                       |  |  |                   |  |                                            
|                                                       |  |  |                   |  |                                            
|Net loss per common share - basic and diluted:         |  |  |                   |  |                                            
|                                                       |  |  |                   |  |                                            
|Net loss per share attributable to common stockholders |  |  | -                 |  | -                                          
|                                                       |  |  |                   |  |                                            
|Weighted-average number of common shares outstanding   |  |  | 200,000,000       |  | 178,274,490                                





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



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MAZZAL HOLDING CORP

CONSOLIDATED STATEMENT OF STOCKHOLDERS'
EQUITY

for the period of JANUARY 23, 2013
(INCEPTION) to DECEMBER 31, 2014



|                                                                                    | Common Stock | Additional Paid-in Capital | Accumulated Deficit | Total Stockholders’ Equity
|----------------------------------------------------------------------------------- | ------------ | -------------------------- | ------------------- | --------------------------
|                                                                                    | Shares       | Amount                     |                     |                           
|                                                                                    |              | $                          | $                   | $                         
|                                                                                    |              |                            |                     |                           
|Inception (January 23, 2013)                                                        | -            | -                          | -                   | -                         
|                                                                                    |              |                            |                     |                           
|Common stock issued for cash at $0.00042 per share                                  | 47,800,000   | 4,780                      | 15,420              | -                         
|                                                                                    |              |                            |                     |                           
|Common stock issued for cash at $0.01 per share                                     | 2,200,000    | 220                        | 21,780              | -                         
|                                                                                    |              |                            |                     |                           
|Common stock issued at $0.01 per share, for acquisition of 175 Hart Street property | 150,000,000  | 15,000                     | 1,485,000           | -                         
|                                                                                    |              |                            |                     |                           
|Loss for the period                                                                 | -            | -                          | -                   | (27,319)                  
|                                                                                    |              |                            |                     |                           
|Balance at December 31, 2013                                                        | 200,000,000  | 20,000                     | 1,522,200           | (27,319)                  
|                                                                                    |              |                            |                     |                           
|Loss for the year                                                                   | -            | -                          | -                   | (16,682)                  
|                                                                                    |              |                            |                     |                           
|Balance at December 31, 2014                                                        | 200,000,000  | 20,000                     | 1,522,200           | (44,001)                  













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



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MAZZAL
HOLDING CORP

CONSOLIDATED STATEMENT OF CASH FLOWS



|                                                     |  |  | Year Ended        |  | Period from January 23, 2013 (Inception) to | 
|---------------------------------------------------- |  |  | ----------------- |  | ------------------------------------------- | 
|                                                     |  |  | December 31, 2014 |  | December 31, 2013                          
|                                                     |  |  | $                 |  | $                                          
|Cash Flows from Operating Activities                 |  |  |                   |  |                                            
|                                                     |  |  |                   |  |                                            
|Net loss                                             |  |  | (16,682)          |  | (27,319)                                   
|                                                     |  |  |                   |  |                                            
|Changes in operating assets and liabilities:         |  |  |                   |  |                                            
|                                                     |  |  | (300)             |  | -                                          
|Accounts payable and accrued expenses                |  |  | 11,429            |  | 6,500                                      
|                                                     |  |  |                   |  |                                            
|Net cash used in operating activities                |  |  | (5,553)           |  | (20,819)                                   
|                                                     |  |  |                   |  |                                            
|                                                     |  |  |                   |  |                                            
|Cash Flows from Investing Activities                 |  |  |                   |  |                                            
|Land deposit                                         |  |  | (25,000)          |  | -                                          
|Development and capital improvements                 |  |  | (1,000)           |  | (24,000)                                   
|Net cash used in investing activities                |  |  | (26,000)          |  | (24,000)                                   
|                                                     |  |  |                   |  |                                            
|                                                     |  |  |                   |  |                                            
|Cash Flows from Financing Activities                 |  |  |                   |  |                                            
|Proceeds from overdraft facilities                   |  |  | (2,623)           |  | 2,623                                      
|Proceeds from issuance of common stock               |  |  | -                 |  | 42,200                                     
|Proceeds from loan from related party                |  |  | 37,172            |  | -                                          
|Net cash provided by financing activities            |  |  | 34,549            |  | 44,823                                     
|                                                     |  |  |                   |  |                                            
|                                                     |  |  |                   |  |                                            
|Increase in cash and cash equivalents                |  |  | 2,996             |  | 4                                          
|                                                     |  |  |                   |  |                                            
|Cash and cash equivalents at beginning of the period |  |  | 4                 |  | -                                          
|                                                     |  |  |                   |  |                                            
|Cash and cash equivalents at end of the period       |  |  | 3,000             |  | 4                                          
|                                                     |  |  |                   |  |                                             | 



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

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Table of Contents


MAZZAL HOLDING CORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



NOTE 1 – NATURE OF BUSINESS
AND BASIS OF PRESENTATION



Mazzal Holding Corp (formerly Boston
Investment and Development Corp.) is a Nevada corporation (the “Company”), incorporated under the laws of the State
of Nevada on January 23, 2013. The business plan of the Company is the construction and management of multi-family home developments
and the subsequent sale thereof.



On October 23, 2014 the Company incorporated
two companies; King David Hotels Corp and Command Control Center Corp as wholley owned subsidiaries. The subsidiaries plan to establish
a luxury boutique hotel catering to the local religious community and religious tourists in Boston and to create a multi-use software
platform which can manage every aspect of a users online profile respectively.



Basis of Presentation

The Company maintains its accounting
records on an accrual basis in accordance with generally accepted accounting principles in the United States of America (“U.S.
GAAP”).



These financial statements are presented
in US dollars.





NOTE 2 – SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES

The principal accounting policies
are set out below, these policies have been consistently applied to the period presented, unless otherwise stated:



Fiscal Year End

The Corporation has adopted a fiscal
year end of December 31.



Use of Estimates

The preparation of financial statements
in conformity with accounting principles generally accepted in the United States 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 of the
financial statements and the reported amounts or revenues and expenses during the reporting period. Actual results could differ
from those estimates.



Going concern

The accompanying consolidated financial
statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of
assets and the liquidation of liabilities in the normal course of business. As at December 31, 2014, the Company has a working
capital deficit of $51,801, insufficient cash resources to meet its planned business objectives and accumulated losses from operations
of $44,001. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its
capital expenditures, working capital and other cash requirements for the year ending December 31, 2015.



The Company is dependent upon, among
other things, obtaining additional financing to continue operations, and development of its business plan. In response to these
problems, management intends to raise additional funds through public or private placement offerings.



These factors, among others, raise substantial
doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not
include any adjustments that might result from the outcome of this uncertainty.



Cash and cash equivalents

Cash and equivalents include investments
with initial maturities of three months or less. The Company maintains its cash balances at credit-worthy financial institutions
that are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000.



Real estate assets

Real estate assets are stated at cost
less accumulated depreciation and amortization. Costs directly related to the acquisition, development and construction of properties
are capitalized. Acquisition-related costs are expensed as incurred. Capitalized development and construction costs include pre-construction
costs essential to the development of the property, development and construction costs, interest, property taxes, insurance, salaries
and other project costs incurred during the period of development.



Ordinary repairs and maintenance are
expensed as incurred; major replacements and betterments, which improve or extend the life of the asset, are capitalized and depreciated
over their estimated useful lives. Fully-depreciated assets are removed from the accounts.



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Table of Contents




The Company considers a construction
project as substantially completed and held available for sale upon the completion of tenant improvements, but no later than one
year from cessation of major construction activity (as distinguished from activities such as routine maintenance and cleanup).



Depreciation is calculated using the
straight-line method over the estimated useful lives of the

properties. The estimated useful lives
are as follows:



Buildings and improvements	- 10 to
40 years

Other building and land improvements	-
20 years

Furniture, fixtures and equipment	-
5 to 10 years





Impairment Long-Lived Assets

For purposes of recognition and measurement
of an impairment loss, a long-lived asset or assets are grouped with other assets and liabilities at the lowest level for which
identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The Company assesses the impairment
of long-lived assets (including identifiable intangible assets) annually or whenever events or changes in circumstances indicate
that the carrying value may not be recoverable.



When management determines that the
carrying value of long-lived assets may not be recoverable based upon the existence of one or more of the above indicators of impairment,
we test for any impairment based on a projected undiscounted cash flow method. Projected future operating results and cash flows
of the asset or asset group are used to establish the fair value used in evaluating the carrying value of long-lived and intangible
assets. The Company estimates the future cash flows of the long-lived assets using current and long-term financial forecasts. The
carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result
from the use and eventual disposition of the asset. If this were the case, an impairment loss would be recognized. The impairment
loss recognized is the amount by which the carrying amount exceeds the fair value.



Real Estate Assets Held for Sale
and Discontinued Operations

The Company periodically classifies
real estate assets as held for sale. An asset is classified as held for sale after the approval of the Company’s board of
directors and after an active program to sell the asset has commenced. Upon the classification of a real estate asset as held for
sale, the carrying value of the asset is reduced to the lower of its net book value or its estimated fair value, less costs to
sell the asset. Subsequent to the classification of assets as held for sale, no further depreciation expense is recorded. Real
estate assets held for sale are stated separately on the accompanying balance sheets. Upon a decision to no longer market an asset
for sale, the asset is classified as an operating asset and depreciation expense is reinstated.



Accounts payable and accrued expenses

Accounts payable and accrued expenses
are carried at amortized cost and represent liabilities for goods and services provided to the Company prior to the end of the
financial year that are unpaid and arise when the Company becomes obliged to make future payments in respect of the purchase of
these goods and services.



Earnings per share

The Company computes net loss per share
in accordance with ASC 260, "Earnings Per Share" ASC 260 requires presentation of both basic and diluted earnings per
share (“EPS”) on the face of the income statement. Basic EPS is calculated by dividing the profit or loss attributable
to common shareholders of the Company by the weighted average number of common shares outstanding during the period. Diluted EPS
is determined by adjusting the profit or loss attributable to common shareholders and the weighted average number of common shares
outstanding for the effects of all potential dilutive common shares, which comprise options granted to employees. As at December
31, 2014, the Company had no potentially dilutive shares.



Segment Reporting

The Company reports as three operating
segments with the Chief Executive Officer (“CEO”) acting as the Company’s chief operating decision maker. The
Company defined three reportable segments as each segment is managed separately because they manufacture and distribute distinct
products with different production processes.



Fair Value of Financial Instruments

The Company measures assets and liabilities
at fair value based on an expected exit price as defined by the authoritative guidance on fair value measurements, which represents
the amount that would be received on the sale of an asset or paid to transfer a liability, as the case may be, in an orderly transaction
between market participants. As such, fair value may be based on assumptions that market participants would use in pricing an asset
or liability. The authoritative guidance on fair value measurements establishes a consistent framework for measuring fair value
on either a recurring or nonrecurring basis whereby inputs, used in valuation techniques, are assigned a hierarchical level.



The following are the hierarchical levels
of inputs to measure fair value:

Level 1: Quoted prices in active markets
for identical instruments;

Level 2: Other significant observable
inputs (including quoted prices in active markets for similar instruments);

Level 3: Significant unobservable inputs
(including assumptions in determining the fair value of certain investments).



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Share-Based Payments

ASC Topic 718, “Stock Compensation,”
requires companies to estimate the fair value of equity-based payment awards on the date of grant using an option-pricing model.
The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service
periods in the Company’s consolidated income statements.



The Company recognizes compensation
expense for the value of its awards on a straight-line basis over the requisite service period of each of the awards, net of estimated
forfeitures. Estimated forfeitures are based on actual historical pre-vesting forfeitures. Topic 718 requires forfeitures to be
estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.



The Company estimates the fair value
of stock options granted using the Black-Scholes option-pricing model. The option-pricing model requires a number of assumptions,
of which the most significant are the expected stock price volatility and the expected option term. Expected volatility was calculated
based upon comparable companies in the industry in the absence of historical data of the Company. The expected term of options
granted represents the period of time that options granted are expected to be outstanding. The risk-free interest rate is based
on annual risk free rates yield rates of non-indexed linked U.S. Federal Reserve treasury bonds with an equivalent term. The Company
has historically not paid dividends and has no foreseeable plans to pay dividends.

The Company applies ASC Topic 505-50,
“Equity Based Payments to Non Employees,” with respect to options issued to non-employees.



The Company accounts for the issuance
of equity instruments to acquire goods and/or services based on the fair value of the goods and services or the fair value of the
equity instrument at the time of issuance, whichever is more readily determinable. The Company's accounting policy for equity instruments
issued to consultants and vendors in exchange for goods and services follows the provisions of standards issued by the FASB. The
measurement date for the fair value of the equity instruments issued is determined at the earlier of (i) the date at which a commitment
for performance by the consultant or vendor is reached or (ii) the date at which the consultant or vendor's performance is complete.
In the case of equity instruments issued to consultants, the fair value of the equity instrument is recognized over the term of
the consulting agreement.



Income taxes

Income taxes are accounted for in accordance
with ASC Topic 740, “Income Taxes.” Under the asset and liability method, deferred tax assets and liabilities are recognized
for the future consequences of differences between the financial statement carrying amounts of existing assets and liabilities
and their respective tax bases (temporary differences). Deferred tax assets and liabilities are measured using tax rates expected
to apply to taxable income in the years in which those temporary differences are recovered or settled. Valuation allowances for
deferred tax assets are established when it is more likely than not that some portion or all of the deferred tax assets will not
be realized.



Recently Issued Accounting Pronouncements

On June 10, 2014, the Financial Accounting
Standards Board (FASB) issued Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain
Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation ("ASUE
2014-10"). The guidance is intended to reduce the overall cost and complexity associated with financial reporting for development
stage entities without reducing the availability of relevant information. The Board also believes the changes will simplify the
consolidation accounting guidance by removing the differential accounting requirements for development stage entities. As a result
of these changes, there no longer will be any accounting or reporting differences in GAAP between development stage entities and
other operating entities. For organizations defined as public business entities the presentation and disclosure requirements in
Topic 915 will no longer be required starting with the first annual period beginning after December 15, 2014, including interim
periods therein. Early application is permitted for any annual reporting period or interim period for which the entity's financial
statements have not yet been issued (public business entities) or made available for issuance (other entities).





NOTE 3 - RECENTLY ADOPTED ACCOUNTING
PRONOUNCEMENTS



For the period ended December 31, 2014,
the Company has elected to early adopt Accounting Standards Update (“ASU”) No. 2014-10, Development Stage Entities
(Topic 915): Elimination of Certain Financial Reporting Requirements. The adoption of this ASU allows the Company to remove the
inception to date information and all references to development stage.





NOTE 4 – LAND HELD FOR DEVELOPMENT



On March 13, 2013, the Company entered
into a standard Land Purchase and Sale Agreement with the Mazzal Trust for the acquisition of land and buildings know as 171 Hart
Street, Taunton, MA, 02780 for the purchase price of one hundred and fifty million shares of common stock in the Company.



F-10


Table of Contents




The property title was transferred on
May 29, 2013, in accordance with the Land Purchase and Sale Agreement. This property has been classified as land held for development.
Land under development includes costs attributable to the development activities; such as land, architect, engineering and construction
costs. Architecture, Engineer and Construction fees amounting to $25,000 have been capitalized to the cost of the property.





NOTE 5 – LAND DEPOSIT

On June 18th, the Company deposited
$25,000 into escrow, towards a standard purchase and sale agreement, signed on July 1, 2014, with the Heather Realty Trust, for
the purchase of vacant land more fully described as Lots 21 and 25, better known as 1625 VFW Parkway, West Roxbury, MA 02132 for
a purchase price of $800,000.





NOTE 6 – LOAN FROM RELATED
PARTY

|                                                                                                                    | December 31 |  | December 31
|------------------------------------------------------------------------------------------------------------------- | ----------- |  | -----------
|                                                                                                                    | 2014        |  | 2013       
|                                                                                                                    | $           |  | $          
|                                                                                                                    |             |  |            
|Loan from related party                                                                                             | 37,172      |  | -          
|                                                                                                                    |             |  |            
|The above loan is unsecured, bears no interest and has no set terms of repayment. This loan is repayable on demand. |             |  |            





NOTE 7 – STOCKHOLDERS’
EQUITY



Common Stock

On January 13, 2013, the Company issued
47,800,000 shares of common stock to the director and officer of the Company at a price of $0.00042 per share for cash, for $20,200.



Between February 28, 2013, and March
13, 2013, the Company issued 2,200,000 shares to a total of 44 various individuals at a price of $0.01 per share for cash, for
$22,000.



On March 13, 2013, the Company issued
150,000,000 shares of common stock at $0.01 each to The Mazzal Trust for the purchase of Land and Buildings as described in Note
4.



On March 24, 2014, the Board authorized
a 10 new for 1 old forward stock split. All share and per share data in the accompanying financial statements and footnotes has
been adjusted retrospectively for the effects of the stock split.



On January 23, 2015, the Company increased
its authorised shares of common stock to 500,000,000.



On January 26, 2015, the Board authorized
a 10 new for 1 old forward stock split. All share and per share data in the accompanying financial statements and footnotes has
been adjusted retrospectively for the effects of the stock split.





NOTE 8 – RELATED PARTY TRANSACTIONS



Balances and transactions between the
Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed
in this note.



The following entities have been identified
as related parties :



Mr. Nissim Trabelsi	- Director and
stockholder

The Mazzal Living Trust	- Common
director/trustee and majority stockholder

King David Hotels Corp	- Wholly owned
subsidiary

Command Control Center Corp	- Wholly
owned subsidiary



|                                                                                                                                                                                         | December 31 |  | December 31
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------- |  | -----------
|                                                                                                                                                                                         | 2014        |  | 2013       
|                                                                                                                                                                                         | $           |  | $          
|The following transactions were carried out with related parties:                                                                                                                        |             |  |            
|                                                                                                                                                                                         |             |  |            
|Balance sheets:                                                                                                                                                                          |             |  |            
|Loan from related party - director                                                                                                                                                       | 37,172      |  | -          
|                                                                                                                                                                                         |             |  |            
|From time to time, the director and stockholder of the Company provides advances to the Company for its working capital purposes. These advances bear no interest and are due on demand. |             |  |            



F-11


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NOTE 9 – INCOME TAXES



|The provision (benefit) for income taxes for the periods ended December 31, 2014 and 2013 was as follows (assuming a 15% effective tax rate):                                                                                               |             |  |            
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------- |  | -----------
|                                                                                                                                                                                                                                            | December 31 |  | December 31
|                                                                                                                                                                                                                                            | 2014        |  | 2013       
|                                                                                                                                                                                                                                            | $           |  | $          
|                                                                                                                                                                                                                                            |             |  |            
|Current Tax Provision                                                                                                                                                                                                                       |             |  |            
|Federal-                                                                                                                                                                                                                                    |             |  |            
|Taxable income                                                                                                                                                                                                                              |             |  |            
|Total current tax provision                                                                                                                                                                                                                 | -           |  | -          
|                                                                                                                                                                                                                                            | -           |  | -          
|                                                                                                                                                                                                                                            |             |  |            
|Deferred Tax Provision                                                                                                                                                                                                                      |             |  |            
|Federal-                                                                                                                                                                                                                                    |             |  |            
|Loss carry forwards                                                                                                                                                                                                                         | 2,502       |  | 4,098      
|Change in valuation allowance                                                                                                                                                                                                               | (2,502)     |  | (4,098)    
|Total deferred tax provision                                                                                                                                                                                                                | -           |  | -          
|                                                                                                                                                                                                                                            |             |  |            
|The Company had deferred income tax assets as of December 31, 2014 and 2013 as follows:                                                                                                                                                     |             |  |            
|                                                                                                                                                                                                                                            |             |  |            
|Loss carry forwards                                                                                                                                                                                                                         | 6,600       |  | 4,098      
|Less - Valuation allowance                                                                                                                                                                                                                  | (6,600)     |  | (4,098)    
|                                                                                                                                                                                                                                            | -           |  | -          
|                                                                                                                                                                                                                                            |             |  |            
|The Company provided a valuation allowance equal to the deferred income tax assets for period ended December 31, 2014 because it is not presently known whether future taxable income will be sufficient to utilize the loss carryforwards. |             |  |            
|                                                                                                                                                                                                                                            |             |  |            
|As of December 31, 2014, the Company had approximately $44,001 in tax loss carryforwards that can be utilized future periods to reduce taxable income, and expire by the year 2033.                                                         |             |  |            
|                                                                                                                                                                                                                                            |             |  |            
|The Company did not identify any material uncertain tax positions.  The Company did not recognize any interest or penalties for unrecognized tax benefits.                                                                                  |             |  |            
|                                                                                                                                                                                                                                            |             |  |            
|The federal income tax returns of the Company are subject to examination by the IRS, generally for three years after they are filed.                                                                                                        |             |  |            





NOTE 10 – COMMITMENTS AND CONTINGENCIES



On October 20, 2014, the Company entered
into an agreement with Securities Compliance Group (“SCG”). Under the agreement, SCG agreed to provide to each subsidiary,
attorney services to assist the companies with their initial public offering. For the services to be rendered under the agreement,
the subsidiaries are each required to pay $1,250 upon execution of the agreement; $2,500 upon filing of the S-1 registration statements;
$1,250 upon the Securities and Exchange Commission declaring the S-1's effective; and $8,750 payable in each subsidiaries common
stock, valued at 50% of the price stated in the Company's S-1 registration statement.





NOTE 11 – SEGMENT REPORTING



The Company operates in three segments:
development and sale of multi-family homes, development and rental of a luxury boutique hotel for religious tourists and development
and sale of a multi-use software platform. All segments are located in the Boston area.



The Company evaluates performance and
allocates resources based on profit or loss from operations before income taxes. The accounting policies of the reportable segments
are the same as those described in the summary of significant accounting policies.



The Company’s reportable segments
are business units that offer different products. The reportable segments are each managed separately because they are distinct
products with different development processes.



F-12


Table of Contents




The financial information for each business
segment reflects that information which is specifically identifiable or which is allocated based on an internal allocation method.  Results
of operations and selected financial information by operating segment are as follows:



|                   | For the year ended December 31, 2014
|------------------ | ------------------------------------
|                   | Multi-family homes                  
|                   |                                     
|Operating loss     | (13,691)                            
|Interest revenue   | 9                                   
|                   |                                     
|Real estate assets | 1,525,000                           
|Land deposit       | 25,000                              
|Total assets       | 1,551,000                           





NOTE 12 – SUBSEQUENT EVENTS



2015 Stock Option Plan

On January 15, 2015, the Company adopted
an Employee Stock Option Plan that is intended to attract and retain key employees of the Company and its subsidiaries by the grant
of options and stock appreciation rights. This plan covers up to 50,000,000 shares of common stock. The exercise price of each
option will not be less that the market price of the Company's stock on the date of grant and the maximum term of each option is
ten years.



In accordance with ASC 855-10, Company
management reviewed all material events through the date of this report and determined that there are no additional material subsequent
events to report.





15(a)(2). Financial Statement Schedules.



None.



F-13


Table of Contents




15(a)(3). Exhibits.



|Exhibit No. | Description                                                                                                                                                        
|----------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |                                                                                                                                                                    
|3.1         | Articles of Incorporation for BIDC (previously filed as an exhibit to the Company’s registration statement on Form S-1, filed with the Commission on June 10, 2013)
|            |                                                                                                                                                                    
|3.2         | By laws of BIDC (previously filed as an exhibit to the Company’s registration statement on Form       S-1, filed with the Commission on June 10, 2013)             
|            |                                                                                                                                                                    
|10.1        | Standard Land Purchase and Sale Agreement with the Heathery Realty Trust dated July 1, 2014                                                                        
|            |                                                                                                                                                                    
|31          | Certification of the Chief Executive Officer/Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a).                                                 
|            |                                                                                                                                                                    
|32          | Certification of CEO and CFO pursuant to 18 U.S.C. §1350 as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002.                                            
|            |                                                                                                                                                                    
|101 INS     | XBRL Instance Document*                                                                                                                                            
|            |                                                                                                                                                                    
|101 SCH     | XBRL Schema Document*                                                                                                                                              
|            |                                                                                                                                                                    
|101 CAL     | XBRL Calculation Linkbase Document*                                                                                                                                
|            |                                                                                                                                                                    
|101 DEF     | XBRL Definition Linkbase Document*                                                                                                                                 
|            |                                                                                                                                                                    
|101 LAB     | XBRL Labels Linkbase Document*                                                                                                                                     
|            |                                                                                                                                                                    
|101 PRE     | XBRL Presentation Linkbase Document*                                                                                                                               



*           The
XBRL related information in Exhibit 101 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended, or otherwise subject to liability of that section and shall not be incorporated by reference into any
filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific
reference in such filing or document.





























































23


Table of Contents


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.





MAZZAL HOLDING CORP.:





By: /s/ Nissim Trabelsi

Nissim Trabelsi

President, CEO, CFO, Director

(Principal Executive Officer, Principal Financial
Officer)





Date:  October 21, 2015



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.







|Dated:
    October 21, 2015 | By: /s/ Nissim Trabelsi                                   
|--------------------------- | ----------------------------------------------------------
|                            | Nissim Trabelsi                                           
|                            | President, CEO, CFO, Director                             
|                            | (Principal Executive Officer, Principal Financial Officer)
|                            |