U. S. Securities and Exchange Commission
                     Washington, D. C.  20549

                            FORM 10-KSB

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

     For the fiscal year ended September 30, 2005

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

     For the transition period from _____________ to ____________

                   Commission File No. 000-49652
                   -----------------------------

                          ZALDIVA, INC.
                          -------------
          (Name of Small Business Issuer in its Charter)

            FLORIDA                                 65-0773383
            -------                                 ----------
(State or other jurisdiction of                (I.R.S. incorporation or
        organization)                             Employer I.D. No.)

                      2805 East Oakland Park Blvd. #376
                          Fort Lauderdale, FL 33306
                          -------------------------
                   (Address of Principal Executive Office)

Issuer's Telephone Number, including Area Code:  (877) 925-3482

                               N/A
                               ---
  (Former Name or Former Address, if changed since last Report)

Securities Registered under Section 12(b) of the Exchange Act: None
Name of Each Exchange on Which Registered: None

Securities Registered under Section 12(g) of the Exchange Act:

                    $0.001 par value common stock

     Check whether the Issuer (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 Company was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.

     (1)   Yes  X    No            (2)   Yes  X    No
               ---      ---                  ---      ---

     Check if there is no disclosure of delinquent files in response to Item
405 of Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of Company's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB or any amendment to this Form 10-KSB.  [ ]

     State Issuer's revenues for its most recent fiscal year: September 30,
2005 - $74,311.
     State the aggregate market value of the voting stock held by
non-affiliates computed by reference to the price at which the stock was sold,
or the average bid and asked prices of such stock, as of a specified date
within the past 60 days.

     December 23, 2005 - $1,588,412.10.  There are approximately 4,813,370
shares of common voting stock of the Registrant beneficially owned by
non-affiliates.  There is a limited public market for the common stock of the
Registrant, so this computation is based upon the bid price of $0.33 per share
of the Registrant's common stock on the OTC Bulletin Board.

                (ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                        DURING THE PAST FIVE YEARS)

                              Not Applicable.

                  (APPLICABLE ONLY TO CORPORATE ISSUERS)

     State the number of shares outstanding of each of the Registrant's
classes of common equity, as of the latest practicable date:

                           December 23, 2005

                               6,520,000

     Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).  Yes      No X
                                                ---     ---

                    DOCUMENTS INCORPORATED BY REFERENCE

     A description of "Documents Incorporated by Reference" is contained in
Part III, Item 13.

Transitional Small Business Issuer Format   Yes  X   No
                                                ---     ---
                              PART I

Item 1.  Description of Business.
         ------------------------

Business.
---------

     Zaldiva, Inc., a Florida corporation (the "Company," "we" or "us"), is in
the business of selling comic books and related collectible items and cigars
and accessories through our web site, Zaldiva.com.  We also offer web design
and hosting services.  Since fiscal 2003, we have focused our operations
increasingly on our online comic book and collectible retail operations, with
less emphasis on cigar sales and web design and hosting.  In the future, we
may also acquire other small companies offering similar services, although we
have no current plans in this regard.

     We sell Zaldiva cigars and accessories through our e-commerce web site
as well as through direct sales to establishments across the United States,
Germany, Australia and Japan.  We make our direct sales by attending trade
shows, where establishments buy our humidor system and stock it with our
cigars.  We also receive some referral business.  We advertise through trade
shows and some periodicals, although the bulk of our advertising is done on
the Internet.  In February, 2001, we decided to begin selling other luxury
items at our Zaldiva.com web site and only maintain the ZaldivaCigars.com site
for our cigar business sales.  This web site was launched and has been in
constant development since February of 2001, and we have constantly been
upgrading and expanding our Zaldiva.com web site since then.

     Comic Books and Related Collectibles.
     -------------------------------------

     Comic books have been around at least as long as movies have.  The
business of buying and selling comic books and related collectibles has been
an enterprise since the beginning of comic books.  Fond memories of growing up
with favorite comic book characters have fueled this industry.

     Comic books took their first steps in the beginning of the last century,
in the search for new ways of graphics and visual communication and
expression.  Credit for the first comic book ever created typically goes to
Richard Fenton Outcalt's creation, "The Yellow Kid," in 1896.  Outcalt
essentially synthesized what had been made before him and introduced a new
element, the balloon, a space where he wrote what the characters said, and
that pointed to their mouth with a kind of tail.

     From that point, the basis for a brand-new kind of art was set, and the
adventure began.  In the first decades of their life, comic books were
primarily for humor and fun, and this explains the name they carry today in
the English language.  Some of the original comic book creations can still be
read today, and are among the best stories in comic book history.  These
include "Little Nemo in Slumberland" by Winsor McCay; "Mutt & Jeff" by Bud
Fisher; "Popeye" by E. Segar; and "Krazy Kat" by George Herriman.

     Presently, the comic book industry is still going strong more than 100
years after its birth. With advances like computer generated images, today's
movie screens are filled with stories from comic books. In recent times, we
have experienced such blockbuster movie hits as the "Batman" saga; "Spawn,"
which had its own animated series on HBO; "Spider-Man"; "X-Men" and "X-Men 2";
"The Hulk"; "The League of Extraordinary Gentlemen"; "DareDevil"; "Hellboy,"
"The Punisher" and "Electra". Many television shows have also sprung from the
pages of comic books, most notably, "Smallville."

     This unlimited market transcends all barriers, including age, race and
gender, and also language, since most shows and movies are released in dubbed
versions world-wide.  Movies are released twice, first at the theater and then
again in DVD and/or VHS format.  The comic books themselves create a demand
for collectible items; and the movies and televisions shows create even more
of a demand.  A popular comic book can, and often does, spawn hundreds of
items to be collected and adored by its fans.  We are engaged in the business
of selling those items.

     Traditional marketing.
     ----------------------

     Through telemarketing relationships and more than two years of on-the-
road sales efforts, we have been able to place our Zaldiva cigars in many up-
scale bars and restaurants in the United States.  Our cigars can also be found
in shops on U.S. military bases in Germany, Australia and Japan.  In total,
our products are located in about 15 locations.

     In September, 2004, we purchased a retail location located at 331 East
Commercial Boulevard in Ft. Lauderdale, Florida.  Our operations will focus on
sales of higher-end collectibles.  We may also sell cigars and accessories at
this location, but this aspect will be secondary to our collectible sales.
See Part I, Item II for a more detailed discussion of this property.

     During the fourth quarter of our 2004 fiscal year, we sold 500,000 shares
of our newly-created class of preferred stock to three "accredited" investors
for gross proceeds of $500,000.  We used a portion of these proceeds to
purchase our retail location.  See Part I, Item 5 of this Annual Report.

Zaldiva.com
-----------

     Our On-Line Shopping Center features tens of thousands of products from
trusted retailers such as Hallmark, The Sports Authority, The Sharper Image,
Delta Airlines, Sony Music, Barnes & Noble, American Express, 1800Flowers.com,
CDNow.com, The Disney Store and Amazon.com.  We do this by exchanging links
with other sites and search engines.  Zaldiva is not responsible for insuring,
delivering or stocking these products.  These merchants use Zaldiva as a
marketing tool to sell their products.

     Our site promotes marketing through search engines, banner exchange
programs and opt-in e-mail activities.  Weekly specials and featured items are
regularly created to increase return traffic.  We also conduct research to
find out what services can be added at no additional cost to Zaldiva and our
customers.

     ZaldivaCigars.com
     ------------------

     ZaldivaCigars.com features our own brand of high quality cigars as well
as co-branded accessories such as t-shirts, golf shirts, clocks, mouse pads,
cigar cutters, lighters and mugs.  We obtain these accessories from various
manufacturers, using the manufacturer that has the lowest prices at that point
in time.  We do not have any contracts with any of these suppliers.

     The ZaldivaCigars.com site offers all of our products as well as monthly
specials.  Sales are handled over the Internet and the telephone and in person
at the many events that Zaldiva participates in (e.g., golfing tournaments,
benefits for the mentally retarded, the Fort Lauderdale Chamber of Commerce,
and various college alumni associations).

     Everything done for Zaldiva.com is also done for ZaldivaCigars.com, but
on a monthly rather than daily basis.  For example, our computer technician
checks on the Zaldiva.com web site daily to make sure that the links are
working and to check on the number of web site "hits."  Because the
ZaldivaCigars.com web site sells only cigars, management does not believe that
it is necessary to monitor the site on a daily basis.  Zaldiva offers monthly
specials, which are updated on the ZaldivaCigars.com site, sent out to opt-in
email list subscribers and faxed on an occasional basis.  Orders are taken
daily, or as they occur.  Credit card orders are processed through our
merchant account and then shipped to the customer once the money has been
collected.  There is a minimal amount of inventory, and bookkeeping work is
done on a daily basis.  Zaldiva handles the sales and shipping of its own
merchandise.

     Zaldiva Web Solutions.
     ----------------------

     We currently provide hosting services for over 100 clients which produces
a residual income through their hosting renewals and maintenance of these
sites. We offer three different Web Site packages, an E-commerce package as
well as any custom work needed for a potential clients. In providing these
packages Zaldiva Web Solutions can meet the Web requirements of a small
company to a large corporation.

     Zaldiva Web Solutions has almost completed construction of its new web
site. Once completed, we will aggressively market the web development industry
through snail mail, on-line marketing within the top search engines and cross
marketing. In the near future we will be offering interactive web tools for
sale such as article and news manager, page publisher, listing manager, on-
line mall directories and more.

     We provide the following services:

     Web Development -

     *  Internet & Intranet web site development & design

     *  E-commerce solutions, such as shopping carts

     *  Secure & password protected applications

     *  Graphic & artistic design & digital art

     *  Corporate identity logo creation

     *  Web standards & privacy consultation services

     *  Web site reporting & visitor traffic analysis

     *  Web site hosting & maintenance

     Media and Marketing -

     *  Audio/video streaming & media conversion

     *  Interactive virtual tours

     *  Interactive CD authoring for education and training

     *  Digital music production

     *  CD duplication services

     *  Branded & co-branded email services

     *  Internet strategy development

     *  Professional writing & content creation

     *  Web-based marketing & promotion campaigns

Principal Products and Services.
--------------------------------

     Our principal products are the comic books and collectibles that we sell
through our web site.  We also sell cigars and accessories, but this currently
comprises less than ten percent of our business.  Zaldiva has maintained an e-
commerce web presence through Zaldiva.com since July of 1997.  Experience and
a very low overhead are Zaldiva's principal advantages in this area.  Our
Zaldiva.com web site features comics, collectibles, Zaldiva cigars and related
products.

     We also perform upscale web site development and hosting.  We have
developed and maintain web sites for approximately 100 clients.  Most of our
clients are businesses.  They are involved in many different industries and
are widely dispersed geographically.  We charge our clients on average $20 per
month for hosting services.  It has approximately one megabyte of bandwidth,
which is enough to support about 200 sites.  We do not believe we will need to
expand our bandwidth capability in the near future.

     In our comic books business, we sell pop-culture comic book related
collectibles, that primarily include action figures, dolls, statues, die-case
vehicles, T-shirts, books, magazines, posters and lithographs, video games and
accessories, household decor and decorative items, board and card games, caps
and hats, licensed advertisements, DVD and VHS cassettes, plush toys, sports
trading cards and reproductions of vintage toys, among others.

     The only services related to our comic book and related collectibles
business provided by us are those services regarding newsletter subscriptions
and/or free email accounts.

Distribution Methods of the Products or Services.
-------------------------------------------------

     All items sold in our comic book and related collectibles business are
sold in our online stores only at Zaldiva.com and ZaldivaComics.com.

     In November, 2003, we began accepting PayPal and eChecks from
Authorize.net as payment for our products.  This has allowed us to make non-U.
S. sales with ease, and these payment methods have proven beneficial to us.

Status of any Publicly Announced New Product or Service.
--------------------------------------------------------

     Other than our comic book and related collectibles business, Zaldiva does
not currently have any new product or service that has been publicly
announced.

Competitive Business Conditions.
--------------------------------

     The online retailing industry is intensely competitive.  Our competitors
include other online retailers of comics and collectibles and traditional
retailers such as comic book shops.  Many of these retailers have much greater
visibility, operating history and financial resources than Zaldiva has.  In
addition, as the online retailing industry continues to grow, other
competitors may begin competing in our market segment.  We do not believe that
our position in the online retailing industry will be significant in the
foreseeable future.

     In our comic book and related collectibles business, we believe that
there are no online stores that are set up as well or that offer as many
payment options as Zaldiva.com and ZaldivaComics.com.  We intend to focus on
keeping high demand items in stock and offering them at better prices than our
competition.  We use multiple shipping methods, at low rates and can ship
purchased products within two days.  We believe that these advantages will
allow us to effectively compete in this industry.

Sources and Availability of Raw Materials and Names of Principal Suppliers.
---------------------------------------------------------------------------

     Zaldiva does not use any raw materials in its operations.

Dependence on One or a Few Major Customers.
-------------------------------------------

     None; not applicable.

Patents, Trademarks, Licenses, Franchises, Concessions, Royalty Agreements or
Labor Contracts.
----------------

     We have obtained a trademark with the Florida Department of State for our
logo, the word "Zaldiva" and a design of a crest in an oval shape with two
birds, a star, leaves and a sunburst.  Under Florida law, the knowing or
willful forgery or counterfeiting of a Florida trademark constitutes the crime
of counterfeiting, which may be a felony or a misdemeanor, depending on the
circumstances.  Our trademark will expire on October 23, 2007, but it may be
renewed for a fee of $87.50.

     We have not applied for a registered trademark with the U.S. Patent and
Trademark Office.

Need for any Governmental Approval of Principal Products or Services.
---------------------------------------------------------------------

     None; not applicable.  However, see the caption "Effect of Existing or
Probable Governmental Regulations on Business," below.

Effect of Existing or Probable Governmental Regulations on Business.
--------------------------------------------------------------------

     Zaldiva is subject to general business laws, rules and regulations,
as well as laws, rules and regulations relating to the Internet and e-
commerce.  These regulations may cover issues such as privacy, taxation,
intellectual property, content, consumer protection and products liability.
Compliance with these regulations may be expensive and time consuming and may
reduce our profitability in the future.

     We do not currently collect sales taxes on goods that we sell.  The
United States Congress has enacted legislation limiting the ability of the
states to impose taxes on Internet access or to impose multiple or
discriminatory taxes on electronic commerce.  This legislation, known as the
Internet Tax Nondiscrimintation Act, imposed a moratorium , which commenced
November 1, 2003 and ends on November 1, 2007, on state and local taxes on
electronic commerce, where such taxes are discriminatory, and Internet access,
unless the taxes were generally imposed and actually enforced prior to October
1, 1998.  Failure to renew this legislation beyond November, 2007, will allow
various states to impose taxes on Internet-based commerce.  The imposition of
these taxes could seriously adversely affect Internet commerce.

     Sarbanes-Oxley Act.
     -------------------

     On July 30, 2002, President Bush signed into law the Sarbanes-Oxley Act
of 2002 (the "Sarbanes-Oxley Act").  The Sarbanes-Oxley Act imposes a wide
variety of new regulatory requirements on publicly-held companies and their
insiders.  Many of these requirements will affect us.  For example:

     *     Our chief executive officer and chief financial officer must
           now certify the accuracy of all of our periodic reports that
           contain financial statements;

     *     Our periodic reports must disclose our conclusions about the
           effectiveness of our disclosure controls and procedures; and

     *     We may not make any loan to any director or executive officer
           and we may not materially modify any existing loans.

     The Sarbanes-Oxley Act has required us to review our current procedures
and policies to determine whether they comply with the Sarbanes-Oxley Act and
the new regulations promulgated thereunder.  We will continue to monitor our
compliance with all future regulations that are adopted under the Sarbanes-
Oxley Act and will take whatever actions are necessary to ensure that we are
in compliance.

Research and Development.
-------------------------

     Zaldiva has not spent any money on research and development.  We do not
anticipate any need in the foreseeable future to spend resources on research
and development.

Cost and Effects of Compliance with Environmental Laws.
-------------------------------------------------------

     Since the nature of its business is retail sales and marketing, Zaldiva
does not believe that it will have any environmental compliance concerns.

Number of Employees.
--------------------

     As of September 30, 2005, Zaldiva had three full-time independent
contractors.  They are not part of any union, and we believe that our
relationships with them are good.

Item 2.  Description of Property.
         ------------------------

     In September, 2004, we purchased a property located at 331 East
Commercial Boulevard in Fort Lauderdale, Florida.  The property is situated in
a high-traffic commercial residential area.  We are currently renovating and
expanding the property, which will be used as a retail location for higher-end
collectibles.  We are also seeking a variance for parking.  The building was
not placed in service as of September 30, 2005. We expect that the property
will be able to open for business, in the third quarter of our 2006 fiscal
year.

     When completed, the property will consist of approximately 1500 to 1600
square feet.  We purchased the property for approximately $239,000 cash, using
the proceeds from our recent private placement of preferred stock.  See Part
II, Item 5 of this Annual Report.  We expect that the total cost of renovation
will be less than $100,000.  As of September 30, 2005, we have spent $59,241
to improve this building.

     Based on the experience of similar retailers, we believe that having a
"bricks and mortar" retail location may double or triple our total sales of
collectibles.  Having such a location will also give us greater access to
higher-end collectibles, since some sources of these products will not sell to
businesses that have online operations only.

     In addition to our new retail location, Zaldiva currently owns or leases
the following properties:

     *    Two servers for which the bandwidth leased is sufficient to meet our
          needs and our customers' needs well into the future.

     *    Inventory owned in corporate name having an approximate value of
          $85,658.  This property is not subject to any liens.

     Because virtually all of our retail activities are currently conducted
over the Internet, we do not currently maintain any executive offices.  Our
directors and executive officers and our web designer and computer engineer,
have personal computers on which they are able to oversee and maintain our web
site.  Our principal address is a post office box.  This arrangement helps us
to keep our overhead very low.  Once our Ft. Lauderdale store is open, we will
use that as our principal address.

Item 3.  Legal Proceedings.
         ------------------

     Zaldiva is not a party to any pending legal proceeding.  To the best of
our knowledge, no federal, state or local governmental agency is presently
contemplating any proceeding against us.  No director, executive officer or
affiliate of Zaldiva or owner of record or beneficially of more than five
percent of our common stock is a party adverse to Zaldiva or has a
material interest adverse to us in any proceeding.

Item 4.  Submission of Matters to a Vote of Security Holders.
         ----------------------------------------------------
     No matter was submitted to a vote of our stockholders during the
fourth quarter of the fiscal year covered by this Annual Report.

                                  PART II
Item 5.  Market for Common Equity, Related Stockholder Matters and Small
Business Issuer Purchases of Equity Securities.
-----------------------------------------------

Market Information.
-------------------

     Our common stock is quoted on the OTC Bulletin Board of the National
Association of Securities Dealers, Inc. (the "NASD") under the symbol
"ZLDV", with quotations that commenced in April, 2003; however, the market
for shares of our common stock is extremely limited.  No assurance can be
given that the present limited market for our common stock will continue or
will be maintained, and the sale of the our common stock pursuant to Rule 144
of the Securities and Exchange Commission by Robert B. Lees, our President and
Director, or John A. Palmer, Jr., our Secretary/Treasurer and Director, and
Jeremy Van Coller, Director, and other principal stockholders, may have a
substantial adverse impact on any such public market.  The shares held by
Messrs. Lees and Palmer became eligible for resale under Rule 144 on July 1,
2002.

     The high and low closing bid prices for shares of our common stock of for
each quarter within the last two fiscal years, or the applicable
period when there were quotations are as follows:

                                        Bid
Quarter ending:             High                   Low
---------------             ----                   ---

October 1, 2003
through
December 31, 2003           $1.65                  $0.185

January 1, 2004
through
March 31, 2004              $1.93                  $0.45

April 1, 2004
through
June 30, 2004               $0.80                  $0.30

July 1, 2004
through
September 30, 2004          $0.45                  $0.25

October 1, 2004
through
December 31, 2004           $0.45                  $0.21

January 1, 2005
through
March 31, 2005              $0.74                  $0.28

April 1, 2005
through
June 30, 2005               $0.37                  $0.21

July 1, 2005
through
September 30, 2005          $0.54                  $0.26

     These bid prices were obtained from the National Quotation Bureau, LLC
("NQB") and do not necessarily reflect actual transactions, retail markups,
mark downs or commissions.

     No assurance can be given that any "established public market" will
develop in the common stock of the Company, or if any such market does
develop, that it will continue or be sustained for any period of time.

Restricted Securities.
---------------------

     There are currently 6,520,000 outstanding shares of Zaldiva common
stock, 4,189,500 of which are designated as "restricted securities."  Of these
4,189,500 shares, all but 300,000 have satisfied the one year holding period
of Rule 144, and may be publicly sold in accordance with this Rule.  Zaldiva
will have "current public information" available for resale of "restricted
securities," so long as it has filed all required periodic reports with the
Securities and Exchange Commission.  Any sales of these "restricted
securities" could have an adverse affect on the current or any future public
market for our common stock.

Holders.
--------

     The number of record holders of our common stock as of the date of this
Annual Report is approximately 154.

Dividends.
----------

     Zaldiva has not declared any cash dividends with respect to its common
stock, and does not intend to declare dividends in the foreseeable future.
There are no material restrictions limiting, or that are likely to limit, our
ability to pay dividends on our securities.

     Our Preferred Stock holders are entitled to received dividends at a rate
to 4% of the Liquidation Preference per share per annum, payable quarterly on
January 1, April 1, July 1, and October 1.  Any dividends that are not paid
within three trading days following the date payable, shall continue to accrue
and shall entail a late fee at the rate of 18% per annum.  As of September 30,
2005, we had paid $15,000 in dividends with none in arrears.  All dividends
were paid in cash except for $9,000, which was paid "in-kind" with our
inventory.

Recent Sales of Unregistered Securities.
----------------------------------------

     During the past three years, we have sold the following securities
without registering them under the Securities Act of 1933, as amended:

Name of Person      Date      Number of Shares    Consideration
--------------      ----      ----------------    -------------

Four "accredited"   1/04        (1)                $152,500
investors

Three "accredited"  9/04        (2)                $500,000
investors

     (1) We sold 1,220,000 Units at a price of $0.125 per Unit.  Each Unit
consisted of one "unregistered" and "restricted" share of common stock and one
warrant to purchase an additional "unregistered" and "restricted" share of
common stock for $0.25, exercisable for five years.

     (2) We sold 500,000 "unregistered" and "restricted" shares of our Series
A 4% Convertible Preferred Stock (the "Preferred Stock").  On September 17,
2004, we filed with the Securities and Exchange Commission a Current Report on
Form 8-K disclosing the rights and preferences of the Preferred Stock.

     We believe that the offer and sale of these securities was exempt from
the registration requirements of the Securities Act, pursuant to Sections 4(2)
and 4(6) thereof, and Regulation D of the Securities and Exchange Commission.

Item 6.  Management's Discussion and Analysis or Plan of Operation.
         ----------------------------------------------------------

Results of Operations.
----------------------

     For the years ended September 30, 2005 and 2004, we had revenues of
$74,311, and $490,188, respectively.  During the period ended September 30,
2005, approximately 81.2% of our revenues were derived from retail sales of
comics and collectibles and cigars and accessories, with the remaining 18.2%
coming from our internet services.  In the fiscal year ended September 30,
2004, these percentages were 98.8% and 1.2%, respectively.

     Cost of goods sold decreased to $42,121 in the fiscal year ended
September 30, 2005, from $150,208 in the prior fiscal year.  As a percentage
of revenues, cost of goods sold increased from approximately 30% to
approximately 56.7%.

     Due to the prior establishment of our web site, web site development
costs decreased from $2,421 in 2004, to $372 in 2005.

       Our selling, general and administrative expenses decreased to $288,809
in fiscal 2005, from $302,192, in fiscal 2004.  Net loss totaled $266,541 for
the year ended September 30, 2005, and net income totaled $36,208 for the year
ended September 30, 2004.

Liquidity.
----------

     Zaldiva had cash on hand of $435,367 at September 30, 2005.

     We had a loss of $266,541 in September 30, 2005, and an income $36,208
for September 30, 2004, we have now commenced our planned principal operations
and are no longer in the development stage.
     During the fiscal year ended September 30, 2005, a portion of the
Company's liquidity came from stock that was issued for cash.  If we are not
able to sustain an operating profit, we expect that we will have to raise
money again by selling shares of common stock or through loans.  Financing for
the Company's activities to date has been primarily provided by issuance of
common stock for cash and for services.  The Company's ability to achieve a
level of profitable operations and/or additional financing may affect the
Company's ability to continue as a going concern.

     Forward-Looking Information.
     ----------------------------

     Statements made in this Annual Report which are not purely historical are
forward-looking statements with respect to the goals, plan objectives,
intentions, expectations, financial condition, results of operations, future
performance and business of Zaldiva, including, without limitation, (i)
our ability to gain a larger share of the market in our industry, our ability
to continue to market products acceptable to consumers, and our ability to
retain relationships with suppliers, and (ii) statements preceded by, followed
by or that include the words "may", "would", "could", "should", "expects",
"projects", "anticipates", "believes", "estimates", "plans", "intends",
"targets" or similar expressions.

     Forward-looking statements involve inherent risks and uncertainties, and
important factors (many of which are beyond our control) that could cause
actual results to differ materially from those set forth in the
forward-looking statements, including the following, in addition to those
contained in our reports on file with the Securities and Exchange Commission:
general economic or industry conditions, nationally and/or in the communities
in which Zaldiva conducts business, changes in the interest rate environment,
legislation or regulatory requirements, conditions of the securities markets,
changes in the internet retailing industry, the development of products that
may be superior to the products that we offer, competition, changes in the
quality or composition of our products, our ability to develop new products,
our ability to raise capital, changes in accounting principals, policies or
guidelines, financial or political instability, acts of war or terrorism,
other economic, competitive, governmental, regulatory and technical factors
affecting our operations, products, services and prices.

     Accordingly, results actually achieved may differ materially from
expected results in these statements.  Forward-looking statements speak only
as of the date they are made.  Zaldiva does not undertake, and specifically
disclaims, any obligation to update any forward-looking statements to reflect
events or circumstances occurring after the date of such statements.

Item 7.  Financial Statements.
         ---------------------

<PAGE>
                          ZALDIVA, INC.

                       FINANCIAL STATEMENTS

                        September 30, 2005

  [WITH REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM]
<PAGE>
                         ZALDIVA, INC.

                       Table of Contents




                                                                Page


Report of Independent Registered Public Accounting Firm          1


Balance Sheet - September 30, 2005                               2

Statements of Operations for the years ended September 30,
2003, and 2004                                                   3


Statements of Stockholders' Equity for the years ended
September 30, 2005 and 2004                                      4


Statements of Cash Flows for the years ended September 30,
2005 and 2004                                                    5


Notes to Financial Statements                                 6-14

<PAGE>

Report of Independent Registered Public Accounting Firm


Board of Directors and Stockholders
Zaldiva, Inc.
Ft. Lauderdale, Florida

We have audited the accompanying balance sheet of Zaldiva, Inc. as of
September 30, 2005, and the related statements of operations, stockholders'
equity, and cash flows for the years ended September 30, 2005 and 2004.  These
financial statements are the responsibility of the Company's management.  Our
responsibility is to express an opinion on these financial statements based on
our audit.

We conducted our audit in accordance with the standards of the Public Company
Accounting Oversight Board (United States).  Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. The Company is not
required to have, nor were we engaged to perform, an audit of its internal
control over financial reporting.  Our audit included consideration of
internal control over financial reporting as a basis for designing audit
procedures that are appropriate in the circumstances, but not for the purpose
of expressing an opinion on the effectiveness of the Company's internal
control over financial reporting. Accordingly, we express no such opinion. An
audit 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 financial statements referred to above present fairly, in
all material respects, the financial position of Zaldiva, Inc. as of September
30, 2005, and the results of operations and cash flows for the years ended
September 30, 2005 and 2004, in conformity with accounting principles
generally accepted in the United States of America.

/s/Mantyla, McReynolds, LLC
November 15, 2005
Salt Lake City, Utah
<PAGE>
                          ZALDIVA, INC.
                          Balance Sheet
                        September 30, 2005

ASSETS
  Current Assets
    Cash - Note A                                       $   435,367
    Accounts Receivable - Note A                              1,265
    Inventory - Note A                                       85,658
                                                        -----------
      Total Current Assets                                  522,290

  Property, and Equipment, net-Notes A & D                  313,719

  Other Assets
    Prepaid Taxes                                               640
                                                        -----------
TOTAL ASSETS                                            $   836,649
                                                        ===========

LIABILITIES AND STOCKHOLDERS' EQUITY
  Current Liabilities:
    Accounts Payable                                    $     6,057
    Accrued Liabilities-Note H                               48,000
    Deferred Revenue - Note A                                   785
                                                        -----------
      Total Current Liabilities                              54,842
                                                        -----------
        Total Liabilities                                    54,842

Stockholders' Equity-Note B
  Preferred Stock $.001 par value
    authorized 20,000,000; 800,000 issued;
    liquidation value of $1.00 per share                        800
  Common Stock $.001 par value
    authorized 50,000,000 shares; issued
    and outstanding 6,220,000                                 6,220
  Additional Paid-in Capital                              1,044,480
  Accumulated Deficit                                      (269,693)
                                                          ---------
    Total Stockholders' Equity                              781,807
                                                          ---------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                $ 836,649
                                                          =========


          See accompanying notes to financial statements
                               F-2
<PAGE>
                         ZALDIVA, INC.
                    Statements of Operations
        For the years ended September 30, 2005 and 2004

                                            2005             2004
Revenues
Product Sales                           $   60,356         $  484,312
Internet Services                           13,955              5,876
                                        ----------         ----------
Total Revenues                              74,311            490,188
Cost of Goods Sold                          42,121            150,208
                                        ----------         ----------
Gross Profit                                32,190            339,980

Web Site Development Costs                     372              2,421
Selling, General, and Administrative
Expenses                                   288,809            302,192
                                        ----------         ----------
Net Income (Loss) from Operations         (256,991)            35,367

Other Income
Interest Income                              5,450                841
                                        ----------         ----------
Total Other Income                           5,450                841

Net Income (Loss) Before Income Taxes     (251,541)            36,208

Provision for Income Taxes-Notes A & C           0                  0
                                        ----------         ----------
Net Income (Loss)                         (251,541)            36,208
Dividends on Preferred Stocks              (15,000)                 0
                                        ----------         ----------
Net Income Available to Common
Shareholders                            $ (266,541)        $   36,208
                                        ==========         ==========
Basic & Diluted Earnings/(Loss) Per
Common Share                            $    (0.04)        $     0.01
                                        ==========         ==========
Weighted Average Common Shares
Outstanding                              6,220,000          5,866,667
                                         =========          =========


         See accompanying notes to financial statements
                               F-3
<PAGE>
                          ZALDIVA, INC.
                Statements of Stockholders' Equity
              For the years ended September 30, 2005

                              Number of    Number of
                                Shares      Shares        Common    Preferred
                                Common     Preferred       Stock      Stock
Balance, September 30, 2003   5,000,000                    5,000
Net Income for 2004
Stock Issuance                1,220,000      500,000       1,220        500
                              ---------   ----------     -------    -------
Balance, September 30, 2004   6,220,000      500,000       6,220        500
Net Loss for 2005
Additional Capital for
Inventory
Preferred Dividends
Stock Issuance                        -      300,000           -        300
                              ---------   ----------     -------    -------
Balance, September 30, 2005   6,220,000      800,000     $ 6,220    $   800
                              =========   ==========     =======    =======

[CONTINUED]
                          ZALDIVA, INC.
                Statements of Stockholders' Equity
              For the years ended September 30, 2005
                                                                    Total
                                     Additional    Accumulated   Stockholders'
                                  Paid-in Capital     Deficit       Equity
Balance, September 30, 2003             85,000       (39,360)        50,640
Net Income for 2004                                   36,208         36,208
Stock Issuance                         650,780                      652,500
                                  ------------     ---------      ---------
Balance, September 30, 2004            735,780        (3,152)       739,348
Net Loss for 2005                                   (251,541)      (251,541)
Additional Capital for
Inventory                                9,000                        9,000
Preferred Dividends                                  (15,000)       (15,000)
Stock Issuance                         299,700             -        300,000
                                  ------------     ---------      ---------
Balance, September 30, 2005       $  1,044,480     $(269,693)     $ 781,807
                                  ============     =========      =========



          See accompanying notes to financial statements
                               F-4
<PAGE>
                          ZALDIVA, INC.
                     Statements of Cash Flows
         For the years ended September 30, 2005 and 2004

                                             2005               2004
Cash Flows From Operating Activities
Net Loss                                    $(251,541)        $ 36,208
Adjustments to reconcile net loss to net
cash flows from operating activities:
  Depreciation                                  5,491            5,710
  Increase in Accounts Receivable              (1,265)               -
  Increase in Inventory                       (44,045)         (35,280)
  (Increase)/Decrease in Prepaid Expenses        (640)          14,583
  Increase/(Decrease) in Current Liabilities   47,498              (90)
                                            ---------         --------
Net Cash Provided by (Used in)
 Operating Activities                        (244,502)          21,131

Cash Flows Used in Investing Activities
Purchase of Assets                            (59,240)        (239,116)
                                            ---------         --------
Net Cash Used in Investing Activities         (59,240)        (239,116)

Cash Flows Provided From Financing Activities
Preferred Dividends                            (6,000)               -
Issued Stock for Cash                         300,000          652,500
                                            ---------         --------
Net Cash Provided by Financing Activities     294,000          652,500

Net Increase (Decrease) in Cash                (9,742)         434,515
Beginning Cash Balance                        445,109           10,594
                                            ---------         --------
Ending Cash Balance                         $ 435,367         $445,109
                                            =========         ========

Supplemental Disclosure Information
Cash paid during the year for interest      $       -         $      -
Cash paid during the year for income taxes  $       -         $      -
Contributed Inventory                       $   9,000         $      -
Inventory Given in lieu of Cash on
Preferred Dividends                         $  (9,000)        $      -

          See accompanying notes to financial statements
                               F-5
<PAGE>
                          ZALDIVA, INC.
                  Notes to Financial Statements
                        September 30, 2005

NOTE A    Summary of Significant Accounting Policies

     Company Background

     The Company incorporated under the laws of the State of Florida on
     August 11, 1997 as Zaldiva Cigarz & Newz.  In October 2001 the Company
     amended its Articles of Incorporation to change its name to Zaldiva,
     Inc. and to change its authorized capital.

     Zaldiva operates an "on-line shopping center" known as Zaldiva.com which
     features products from retailers through the Internet.  The Company does
     not purchase or stock merchant products. The majority of customer
     service issues are handled through individual affiliate partners, who
     are large online retailers with links from the Company's website to
     their own.   These affiliates use Zaldiva as a marketing source.  As
     customers purchase products as a result of a referral, the Company earns
     a commission on the sale.

     The Company has inventory of collectibles and other memorabilia which is
     available for sale over the Internet.  The Company also promotes and
     sells its own brand of cigars and accessories.  The cigars are made by
     outside entities and are sold through e-commerce or through independent
     direct sales establishments.

     The financial statements of the Company have been prepared in accordance
     with U. S. generally accepted accounting principles.  The following
     summarizes the more significant of such policies:

     Statement of Cash Flows

     Cash is comprised of cash on hand or on deposit in banks.  The Company
     has $435,367 as of September 30, 2005.

     Inventory

     Inventory is recorded at the lower of cost or market (net realizable
     value) using the first-in, first-out (FIFO) method.  The Company
     maintains little or no inventory of cigars which are generally shipped
     from the supplier directly to the customer.  The inventory on hand as of
     September 30, 2005 consists of collectibles and memorabilia recorded at
     a cost of $85,658.  This inventory is listed and described on the
     Company's web site where it is available for sale.

     Income Taxes

     The Company applies Statement of Financial Accounting Standard (SFAS)
     No. 109, "Accounting For Income Taxes," which requires the asset and
     liability method of accounting for income taxes.  The asset and
     liability method requires that the current or deferred tax consequences
     of all events recognized in the financial statements are measured by
     applying the provisions of enacted tax laws to determine the amount of
     taxes payable or refundable currently or in future years.  (See Note C
     below).

                               F-6
<PAGE>
                          ZALDIVA, INC.
                  Notes to Financial Statements
                        September 30, 2005


NOTE A    Summary of Significant Accounting Policies[continued]

     Net Income (Loss) Per Common Share

     Net Income (loss) per common share is based on the Net Income (loss)
     less preferred dividends divided by weighted average number of common
     shares outstanding.

     Diluted earnings per share is computed using weighted average number of
     common shares plus dilutive common share equivalents outstanding during
     the period using the treasury stock method.  As the Company has a
     loss for the year ended September 30, 2005 the potentially dilutive
     shares are antidilutive and are thus not added into the earnings per
     share calculation.

     As of the year ended September 30, 2005 there were 1,220,000 potential
     dilutive shares resulting from the issuances of warrants.  Of the 800,000
     shares of Series A Preferred Stock there were 500,000 which were
     potentially dilutive since they had reached the passage of 12 months.
     (See Note B.)

     Revenue Recognition

     The Company recognizes revenues in accordance with the Securities and
     Exchange Commission, Staff Accounting Bulletin (SAB) number 104,
     "Revenue Recognition."  SAB 104 clarifies application of U. S. generally
     accepted accounting principles to revenue transactions.

     Revenue on cigar and accessory sales is recognized as products are
     delivered to the customer or retailer.  The Company records accounts
     receivable for sales which have been delivered but for which money has
     not been collected.  The balance uncollected as of September 30, 2005
     was $1,265.  For customer purchases paid in advance, the Company records
     a liability until products are shipped.  There was no outstanding
     unearned revenue from product sales as of September 30, 2005.
     Revenue is also recognized from web site development and maintenance
     after services have been rendered.  For these services, contracts are
     established with each customer.  Fees for development of web sites are
     negotiated based on the level of detail and features desired by the
     customer.  Half of the fee is generally charged when the contract is
     entered.  The remaining fee is due upon completion of the customers
     working web site.  There were no unfinished projects in progress as of
     September 30, 2005.  Historically, maintenance work and the associated
     costs have been minimal.  Typically, future services involve upgrades or
     enhancements which are services which generate new fee arrangements.
     Hosting agreements are offered to customers for service periods of three,
     six, and twelve months.  As of September 30, 2005, the Company has
    deferred $785 for hosting services to be provided over the next twelve
    months.

     There has been no revenue from commissions on sales through the on-line
     shopping center and the Company is still developing this revenue
     process.  Contract terms contain a variety of durations and commission
     percentages based on dollar sales and volume of referrals.

                               F-7
<PAGE>
                          ZALDIVA, INC.
                  Notes to Financial Statements
                        September 30, 2005


NOTE A    Summary of Significant Accounting Policies [continued]

     The Company established and published a policy which allows customers to
     return most purchased items within 15 days of order for a full refund.
     All returns or exchanges must be accompanied by an original invoice or
     sales receipt.  The Company will pay for return shipping costs if the
     return is a result of Company error.  As of September 30, 2005, the
     Company had transactions totaling $2,163 within the 15 day return
     period.  No allowance for returns has been recorded as of September 30,
     2005.

     Accounts Receivable

     Accounts receivable are stated at amounts owed to the Company from
     customers.  Accounts which are determined to be uncollectible are
     immediately written off.  The Company estimates an allowance for bad debt
     based on historical experience and any other appropriate factors.  As of
     the balance sheet date, the allowance is considered to be $0.

     Use of Estimates in Preparation of Financial Statements

     The preparation of financial statements in conformity with U. S.
     generally accepted accounting principles 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 of revenues
     and expenses during the reporting period.  Actual results could differ
     from those estimates.

     Property

     Property and equipment are stated at cost.  Depreciation is provided
     using the straight-line and the declining balance methods over the
     useful lives of the related assets. See Note D.  Expenditures for
     maintenance and repairs are charged to expense as incurred.  The Company
     currently leases two servers under operating lease.  The Company pays
     $625 on a month-to-month basis.

     The Company has acquired permits and registered a trademark with the
     Florida Department of State which relate to its cigar operations.
     Amounts paid for registration have not been significant and have been
     charged to expense as incurred.

     Software/Web Site Costs

     Costs incurred in the development of software products for in-house use
     are to be capitalized and amortized over its useful life.  Costs related
     to planning, implementation or operating activities are expensed as
     incurred.  The cost of web site development and maintenance has been
     expensed as incurred as part of the Company=s ongoing operations.

     Stock Based Compensation

     The Company has adopted only the disclosure provisions of Statement of
     Financial Accounting Standards No. 123, "Accounting for Stock Based
     Compensation," and applies APB Opinion 25, "Accounting for Stock Issued
     to Employees," to stock options granted.  Currently, there are no stock-
     based compensation or option plans in place.


                               F-8
<PAGE>
                          ZALDIVA, INC.
                  Notes to Financial Statements
                        September 30, 2005


NOTE A    Summary of Significant Accounting Policies [continued]

     Selling, General and Administrative Expense

     Selling general and administrative expenses consist of the following
     major components:


            Description                            2005            2004
            Advertising and Promotion           $ 22,419        $ 40,830
            Consulting and Professional Fees     167,970         137,561
            Office and Telephone                  42,614          28,326
            Other Expenses                        55,806          95,475
                                               ---------        --------
              Total Expenses                   $ 288,809        $302,192

      Impact of New Accounting Pronouncements

     Share-Based Payment: On December 16, 2004, the FASB issued Statement No.
     123 (revised 2004), Share-Based Payment, which is a revision of
     Statement 123. Statement 123(R) supersedes Opinion 25, and amends FASB
     Statement No. 95, Statement of Cash Flows. Generally, the approach in
     Statement 123(R) is similar to the approach described in Statement 123.
     However, Statement 123(R) generally requires share-based payments to
     employees, including grants of employee stock options and purchases
     under employee stock purchase plans, to be recognized in the statement
     of operations based on their fair values. Pro forma disclosure of fair
     value recognition will no longer be an alternative.

     Statement 123(R) permits public companies to adopt its requirements
     using one of two methods:

     Modified prospective method: Compensation cost is recognized beginning
     with the effective date of adoption (a) based on the requirements of
     Statement 123(R) for all share-based payments granted after the
     effective date of adoption and (b) based on the requirements of
     Statement 123 for all awards granted to employees prior to the effective
     date of adoption that remain unvested on the date of adoption.

     Modified retrospective method: Includes the requirements of the modified
     prospective method described above, but also permits restatement using
     amounts previously disclosed under the pro forma provisions of Statement
     123 either for (a) all prior periods presented or (b) prior interim
     periods of the year of adoption.

     On April 14, 2005, the Securities and Exchange Commission announced that
     the Statement 123(R) effective transition date will be extended to
     annual periods beginning after December 15, 2005.

     Statement 123(R) also requires the benefits of tax deductions in excess
     of recognized compensation expense to be reported as a financing cash
     flow, rather than as an operating cash flow as prescribed under current
     accounting rules. This requirement will reduce net operating cash flows
     and increase net financing cash flows in periods after adoption. Total
     cash flow will remain unchanged from cash flow as it would have been
     reported under prior accounting rules.

     Although the adoption of Statement 123(R)'s fair value method will have
     no adverse impact on our balance sheet or total cash flows, it may
     affect our net income and diluted earnings per share. The actual effects
     of adopting Statement 123(R) will depend on numerous factors including
     the amounts of share-based payments granted in the future, the valuation
     model we use to value future share-based payments to employees and
     estimated forfeiture rates.

     Exchanges of Nonmonetary Assets: On December 16, 2004, the FASB issued
     Statement No. 153, Exchanges of Nonmonetary Assets, an amendment of APB
     Opinion No. 29, Accounting for Nonmonetary Transactions. Statement 153
     addresses the measurement of exchanges of nonmonetary assets and
     redefines the scope of transactions that should be measured based on the
     fair value of the assets exchanged. Statement 153 is effective for
     nonmonetary asset exchanges occurring in fiscal periods beginning after
     June 15, 2005.  The adoption of Statement 153 has not had a material
     effect on our financial position, results of operations or cash flows.

     Accounting Changes and Error Corrections:  On June 7, 2005, the FASB
     issued Statement No. 154, Accounting Changes and Error Corrections, a
     replacement of APB Opinion No. 20, Accounting Changes, and Statement No.
     3, Reporting Accounting Changes in Interim Financial Statements.
     Statement 154 changes the requirements for the accounting for and
     reporting of a change in accounting principle. Previously, most
     voluntary changes in accounting principles were required recognition via
     a cumulative effect adjustment within net income of the period of the
     change. Statement 154 requires retrospective application to prior
     periods' financial statements, unless it is impracticable to determine
     either the period-specific effects or the cumulative effect of the
     change. Statement 154 is effective for accounting changes made in fiscal
     years beginning after December 15, 2005; however, the Statement does not
     change the transition provisions of any existing accounting
     pronouncements. We do not believe adoption of Statement 154 will have a
     material effect on our financial position, results of operations or cash
     flows.

     NOTE B    Issuance of Common and Preferred Shares

     During the quarter ended March 31, 2004, the Company raised $152,500
     from the sale of 1,220,000 Units to four "accredited" investors at a
     price of $0.125 per Unit.  Each Unit consists of one "unregistered" and
     "restricted" share of common stock and one warrant to purchase an
     additional share of common stock for $0.25, exercisable for five years.

     On September 22, 2004, the Company issued 500,000 shares of Series A 4%
     Preferred Stock having a par value of one mill ($0.001) per share, in
     consideration of gross proceeds of $500,000.  On August 24, 2005 the
     Company issued 300,000 shares of Series A 4% Preferred Stock having a
     par value of one mill ($0.001) per share, in consideration of gross
     proceeds of $300,000.  The shares have the following rights:

     *    Voting rights:  The holders of the Series A Preferred Stock shall
          not be entitled to vote separately on any matter submitted to a
          vote of the stockholders of the Company.
     *    Liquidation: Upon any liquation, Series A Preferred Stockholders
          are entitled to distribution or payment before any other class of
          stock.  The per share liquidation value on any date is equal to
          $1.00.
     *    Dividends:  The holders are entitled to receive dividends at a
          rate equal to 4% of the Liquidation Preference per share per
          annum, payable quarterly on January 1, April 1, July 1, and
          October 1.  Any dividends that are not paid within three trading
          days following the date payable, shall continue to accrue and
          shall entail a late fee at the rate of 18% per annum.
     *    Conversion:  Subject to the passage of 12 months from stock
          issuance, the holder may convert the preferred shares into the
          Company's common shares at a price equal to 85% of the average
          closing bid price of the common shares for the five trading days
          immediately preceding the conversion date.
     *    Redemption:  The Company is permitted to redeem any and all shares
          of the Series A Preferred Stock at a price of $1.00 per share.  In
          addition to the redemption price of $1.00, the Company shall issue
          one warrant to purchase one share of common stock at a price of
          $0.50 per share, exercisable for a period of five years.

     According to the dividend rights, the Company paid dividends valued at
     $15,000 during the year.  No dividends are in arrears as of the balance
     sheet date.  All dividends were paid in cash except for $9,000, which
     was paid "in-kind" with the Company's inventory.  In-kind dividends were
     accounted for using fair-market values on the dates of transfer.

                                    F-9
     <PAGE>
                               ZALDIVA, INC.
                       Notes to Financial Statements
                             September 30, 2005


     NOTE C    Accounting for Income Taxes

     No provision has been made in the financial statements for income taxes
     because the Company has accumulated losses from operations since
     inception.  Any deferred tax benefit arising from the operating loss
     carried forward is offset entirely by a valuation allowance since it is
     currently not likely that the Company will be significantly profitable
     in the near future to take advantage of the losses.

           Deferred Tax Assets                       Balance     Tax     Rate
          Loss Carryforward (expires through 2024) (251,541) $(88,039)  15%
          Valuation Allowance                                  88,039
                                                             --------
            Deferred Tax Asset                               $      -

      The valuation allowance has decreased $87,828 from $211 as of September
      30, 2004.

      Income tax expense differs from amounts computed by applying the
      statutory Federal rate to pretax income as follows:

                                        Years ended September 30,
                                              2005                  2004
          Federal statutory rate             35%                   15%
            Effect of:
             State income taxes              0.0%                  0.0%
              Change in valuation allowance,
              Federal and State; and other    -35%                  -15%
                                             -----                 -----
            Effective tax rate                0.0%                  0.0%
                                             =====                 =====

     NOTE D    Property

     During September 2004, the Company purchased a building for $239,116.
     $59,241 has been applied to improving this building.  The building was
     not placed in service as of September 30, 2005, and therefore, no
     depreciation is recorded for this asset in the current year.

     The major classes of assets as of the balance sheet date are as follows:

                                       Accumulated
        Asset Class          Cost       Depr/Amort     Net Book  Method/Life
        Building Improvements $ 59,241    $        0     $ 59,241      n/a
        Building               239,116             0      239,115      n/a
        Cigar Equipment          3,000        (1,641)       1,359     SL/5
        Computer Equipment      10,588        (6,582)       4,006     SL/5
        Display Equipment       19,995        (9,998)       9,997     SL/7
                              --------    ----------     --------
        Total                 $331,940    $  (18,221)    $313,719
                              ========    ==========     ========

     Depreciation expense was $5,491 and $5,710, for the years ended
     September 30, 2003 and 2004, respectively.

                                    F-10
     <PAGE>
                               ZALDIVA, INC.
                       Notes to Financial Statements
                             September 30, 2005

     NOTE E    Segment Information

     Statement of Financial Accounting Standard (SFAS) No. 131, "Disclosures
     about Segments of an Enterprise and Related Information," requires that
     the Company disclose information about its operating segments.  Zaldiva
     has two strategic business units, one which sells cigars, accessories
     and other goods and one that offers Internet products and facilitates
     On-line shopping.  Currently the Company accounts for the two lines of
     business in separate accounts but within one set of financial
     statements.  Evaluation procedures are preformed on the Company as a
     whole.  The Company anticipates that with future growth, there will be
     additional SFAS 131 data to report.

     NOTE F    Significant Concentrations

     The Company maintained checking and savings and certificates of deposits
     at one bank institution  as of September 30, 2005, which exceeded the
     Federal  Depository Insurance Corporation insured limit of $100,000 per
     financial institution by $230,145. The Company's management does not
     believe that this involves any significant risk.

     NOTE G    Related Party Transactions

     During the current year, the Company paid a shareholder, who also
     operates a radio program, approximately $18,000 for advertising and
     promotion.  There are no outstanding balances due to or from this party
     as of September 30, 2005.

     The Company paid a shareholder consulting fees throughout the year in
     the amount of $60,000.  There are no outstanding balances due to or from
     this party as of September 30, 2005.

     The Company paid a shareholder for the utilization and rental of office
     space, which is personally owned by the shareholder, in the amount of
     $500 per month.  There are no outstanding balances due to or from this
     party as of September 30, 2005.

     Our President, Robert B. Lees, is a director, executive officer and
     stockholder of Rainmaker Products and Consulting, which represents
     Zaldiva's products to the U. S. military and Native American groups.
     Rainmaker receives a commission of $1.00 per cigar and 10% on Company
     accessories that it sells to these purchasers.  For the current fiscal
     year, total commissions paid to Rainmaker have been less than $60,000.

     During the current year, a stockholder contributed inventory to the
     Company, valued at $9,000.  The Company valued these contributions using
     fair-market values on the dates of transfer.  No amounts are due to this
     stockholder as of the balance sheet date.

                                    F-11
     <PAGE>
                               ZALDIVA, INC.
                       Notes to Financial Statements
                             September 30, 2005


     NOTE H    Subsequent Events

     In December 2005 the Company issued 300,000 shares of its unregistered
     restricted common stock to an individual.  Fifty percent of these shares
     were issued for services performed during the year ended September 30,
     2005 and fifty percent of these shares were issued for services to be
     rendered in the fiscal year ending September 30, 2006.  Management
     valued these shares at the fair-market value on the date of the Board's
     resolution, amounting to $0.32 per share, or $96,000.  This compensation
     expense will be recognized in the period that the services are rendered.
     Specifically, $48,000 has been accrued for as of the balance sheet date
     and recognized as general and administrative expense for the services
     performed during fiscal year 2005, and $48,000 will be recognized during
     the fiscal year 2006.
                                    F-12
     <PAGE>

     Item 8.  Changes in and Disagreements with Accountants on Accounting and
     Financial Disclosure.
     ---------------------

          There are have been no changes in our independent accountants
     during the past two fiscal years or any disagreements with independent
     accountants on accounting and financial disclosure.

     Item 8(a).  Controls and Procedures.
     ------------------------------------

          As of the end of the period covered by this Annual Report, we
     carried out an evaluation, under the supervision and with the
     participation of our President and Treasurer, of the effectiveness of
     our disclosure controls and procedures.  Based on this evaluation, our
     President and Treasurer concluded that our disclosure controls and
     procedures are effective in timely alerting them to material information
     required to be included in our periodic Securities and Exchange
     Commission reports.  It should be noted that the design of any system of
     controls is based in part upon certain assumptions about the likelihood
     of future events, and there can be no assurance that any design will
     succeed in achieving its stated goals under all potential future
     conditions, regardless of how remote.  In addition, we reviewed our
     internal controls over financial reporting, and there have been no
     changes in our internal controls or in other factors in the last fiscal
     quarter that has materially affected or is reasonably likely to
     materially affect our internal control over financial reporting.

     Item 8(b).  Other Information.
     ------------------------------

          In December 2005 the Company issued 300,000 shares of its
     unregistered restricted common stock to an individual.  Fifty percent of
     these shares were issued for services performed during the year ended
     September 30, 2005 and fifty percent of these shares were issued for
     services to be rendered in the fiscal year ending September 30, 2006.
     Management valued these shares at the fair-market value on the date of
     the Board's resolution, amounting to $0.32 per share, or $96,000.  This
     compensation expense will be recognized in the period that the services
     are rendered.  Specifically, $48,000 has been accrued for as of the
     balance sheet date and recognized as general and administrative expense
     for the services performed during fiscal year 2005, and $48,000 will be
     recognized during the fiscal year 2006.  The recipient of these shares
     is the wife of Jeremy I. Van Coller; however, Mr. Van Coller disclaims
     all beneficial interest in these shares.

                                      PART III

     Item 9.  Directors, Executive Officers, Promoters and Control Persons;
     Compliance with Section 16(a) of the Exchange Act.
     --------------------------------------------------

     Identification of Directors and Executive Officers.
     ---------------------------------------------------

          The following table sets forth the names of all of our current
     directors and executive officers.  These persons will serve until the
     next annual meeting of the stockholders or until their successors are
     elected or appointed and qualified, or their prior resignations or
     terminations.

                                              Date of         Date of
                               Positions      Election or     Termination
     Name                      Held           Designation     or Resignation
     ----                      ----           -----------     --------------

     Robert B. Lees            President,     12/24/97         *
                               Chairman,      12/24/97         *
                               CEO            12/24/97         *
                               and Director   12/24/97         *

     John A. Palmer, Jr.       Secretary       2/15/98         *
                               and Director   12/24/97         *

     Jeremy I. Van Coller      Director       12/24/97         *
                               Secretary      12/24/97         2/15/98

               * These persons presently serve in the capacities indicated.

     Business Experience.
     --------------------

          Robert B. Lees.  Mr. Lees, age 57, is a graduate of the U.S. Naval
     Academy.  He served as an Officer in the Marine Corps, both overseas and
     domestically.  After transferring to the active Reserves, he joined the
     DuPont Company, where he managed the Southeastern Region.  He took the
     region from last to first in the acrylic sheet division for sales and
     service.  He then became part owner and general manager of a wood
     laminating operation in Orlando, Florida.  Upon the sale of the
     business, he joined Merrill Lynch in the Private Client Group and became
     an assistant Vice President.  He has since consulted to a Florida-based
     investor relations firm, and served as President and Chief Operating
     Officer of two start-up companies, as well as his current position.

          John A. Palmer, Jr.  Mr. Palmer is 66 years old.  He is a graduate
     of the University of Wisconsin, where he received a BS in Mathematics
     and Physics and an MS in Education and Counseling.  He has continued his
     education throughout his life and has completed multiple workshops in
     Electromechanical Automation, Electromechanical Systems, Vacuum
     Technology, Vacuum and RF Power and Semiconductor Manufacturing
     Processes.  He was a presenter for Basic Troubleshooting and
     Electromechanical Devices at the Intel/MATEC Summer Institute, Arizona
     as well as for the transducers Workshop in Orlando, Florida and the
     Rockwell automation PLC Workshop in Michigan.  Since 1969, Mr. Palmer
     has served as a Professor of Electricity, Industrial Electronics,
     Manufacturing Electronics and Mathematics at the Central Arizona College
     in Coolidge, Arizona.  In addition, he has been involved in Summer
     Faculty Internships at Motorola and Intel, both in Phoenix, Arizona.

          Jeremy I. Van Coller.  Mr. Van Coller, age 25, is a graduate of
     Kloof High School (Kwa Zulu Natal, Kloof, South Africa) where his line
     of studies included Technical Drawing (architectural renderings),
     Biology, Advanced Mathematics, English and Afrikaans.  He continued his
     education by attending the Academy of Learning (Kwa Zulu Natal,
     Pinetown, South Africa) where he studied Marketing, Management and
     Computer Science for approximately one year prior to moving to the
     United States.  Mr. Van Coller worked as a computer sales person in
     South Africa during and after attending the Academy.  Over the past two
     years, he served as an Assistant to the Network Administrator for
     various South Florida Internet service providers, where he handled
     domain name servers, mail servers, BSDI and Cobalt servers.  Mr. Van
     Coller currently serves as a Computer Technician Consultant handling
     personal computer repair and construction, hardware and software
     troubleshooting and some web design, in addition to being the current
     Network Administrator for Zaldiva, Inc.  He is fluent in both English
     and Afrikaans and understands Dutch, Zulu and French.

     Significant Employees.
     ----------------------

          Zaldiva has no significant employees who are not executive
     officers.

     Family Relationships.
     ---------------------

          None.

     Involvement in Certain Legal Proceedings.
     -----------------------------------------

          During the past five years, none of our present directors,
     executive officers, persons nominated to become directors or executive
     officers or promoters or founders:

         (1)  Filed a petition under the federal bankruptcy laws or any state
     insolvency law, nor had a receiver, fiscal agent or similar officer
     appointed by a court for the business or property of such person, or any
     partnership in which he was a general partner at or within two years
     before the time of such filing, or any corporation or business
     association of which he was an executive officer at or within two years
     before the time of such filing;

         (2)  Was convicted in a criminal proceeding or named subject of a
     pending criminal proceeding (excluding traffic violations and other
     minor offenses);

         (3)  Was the subject of any order, judgment or decree, not
     subsequently reversed, suspended or vacated, of any court of competent
     jurisdiction, permanently or temporarily enjoining him or her from or
     otherwise limiting his involvement in any type of business, securities
     or banking activities;

        (4)  Was found by a court of competent jurisdiction in a civil
     action, by the Securities and Exchange Commission  or the Commodity
     Futures Trading Commission to have violated any federal or state
     securities law, and the judgment in such civil action or finding by the
     Securities and Exchange Commission has not been subsequently reversed,
     suspended, or vacated.

     Item 10. Executive Compensation.
              -----------------------

          The following table sets forth the aggregate compensation paid by
     the Zaldiva for services rendered during the periods indicated:

                         SUMMARY COMPENSATION TABLE


                                Long Term Compensation
                         Annual Compensation   Awards  Payouts

     (a)             (b)   (c)   (d)   (e)   (f)   (g)   (h)    (i)

                                                   Secur-
                                      Other        ities        All
     Name and   Year or               Annual Rest- Under- LTIP  Other
     Principal  Period   Salary Bonus Compen-rictedlying  Pay- Comp-
     Position   Ended      ($)   ($)  sation Stock Optionsouts ensat'n
     -----------------------------------------------------------------
     Robert B.
     Lees,
     President,   9/30/05    0     0     0     0      0     0   0
     Chairman,    9/30/04    0     0     0     0      0     0   0
     CEO and      9/30/03    0     0     0     0      0     0   0
     Director

     John A.
     Palmer, Jr.  9/30/05    0     0     0     0      0     0   0
     Secretary    9/30/04    0     0     0     0      0     0   0
     and Director 9/30/03    0     0     0     0      0     0   0

     Jeremy Van   9/30/05    0     0     0     0      0     0   0
     Coller,      9/30/04    0     0     0     0      0     0   0
     Director     9/30/03    0     0     0     0      0     0   0


          No cash compensation, deferred compensation or long-term incentive
     plan awards were issued or granted to Zaldiva's management during the
     fiscal years indicated above.  Further, no member of management has been
     granted any option or stock appreciation rights; accordingly, no tables
     relating to such items have been included within this Item.

     Compensation of Directors.
     --------------------------

          There are no standard arrangements pursuant to which our directors
     are compensated for any services provided as director.  No additional
     amounts are payable to our directors for committee participation or
     special assignments.

     Employment Contracts and Termination of Employment and Change-in-Control
     Arrangements.
     -------------

          There are no employment contracts, compensatory plans or
     arrangements, including payments to be received from us, with respect to
     any director or executive officer of Zaldiva which would in any way
     result in payments to any such person because of his or her resignation,
     retirement or other termination of employment with Zaldiva or its
     subsidiaries, any change in control of Zaldiva, or a change in the
     person's responsibilities following a change in control of Zaldiva.

     Parents of the Issuer.
     ----------------------

          Zaldiva has no parents.

     Compliance with Section 16(a) of the Exchange Act.
     --------------------------------------------------

          To our knowledge, during our past fiscal year and since then, all
     filings required to be made by members of management or others pursuant
     to Section 16(a) of the Exchange Act have been duly filed with the
     Securities and Exchange Commission.

     Item 11. Security Ownership of Certain Beneficial Owners and Management.
              ---------------------------------------------------------------

          The following tables set forth the share holdings of our directors
     and executive officers and those persons who own more than five percent
     of our common stock as of the date of the Annual Report:

                          DIRECTORS AND EXECUTIVE OFFICERS
                          --------------------------------

                                       Number of Shares      Percentage of
     Name and Address                 Beneficially Owned        of Class
     ----------------                 ------------------        --------
     Robert B. Lees                     500,000                   7.7%
     110 Wood Lane
     Delray Beach, Florida 33444

     John A. Palmer, Jr.                607,000                   9.3%
     3422 E. Randolph Road
     Coolidge, Arizona 85222

     Jeremy Van Coller                  599,630                   9.2%
     1709 NE 8th Avenue
     Ft. Lauderdale, Florida 33305    ---------                -------

     Directors and executive          1,706,630                  26.2%
     officers as a group (3 persons)

                              FIVE PERCENT STOCKHOLDERS
                              -------------------------

                                 Number of Shares               Percentage
     Name and Address           Beneficially Owned               of Class

     ----------------           ------------------               --------

     Robert B. Lees                 500,000                        7.7%
     110 Wood Lane
     Delray Beach, Florida 33444

     John A. Palmer, Jr.            607,000                        9.3%
     3422 E. Randolph Road
     Coolidge, Arizona 85222

     Jeremy Van Coller              599,630                        9.2%
     1709 NE 8th Avenue
     Ft. Lauderdale, Florida 33305

     Changes in Control.
     -------------------

          There are no present arrangements or pledges of our securities
     which may result in a change in control of Zaldiva.

     Item 12. Certain Relationships and Related Transactions.
              -----------------------------------------------

          The following are the only material transactions between Zaldiva
     and any director, executive officer, five percent stockholder or
     promoter or founder of Zaldiva:

          During the current year, the Company paid a shareholder, who also
     operates a radio program, approximately $18,000 for advertising and
     promotion for each year.  There are no outstanding balances due to or
     from this party as of September 30, 2005.

          The Company paid a shareholder consulting fees throughout the year
     in the amount of $60,000.  There are no outstanding balances due to or
     from this party as of September 30, 2005.

          The Company paid a shareholder for the utilization and rental of
     office space, which is personally owned by the shareholder, in the
     amount of $500 per month.  There are no outstanding balances due to or
     from this party as of September 30, 2005.

          Our President, Robert B. Lees, is a director, executive officer and
     stockholder of Rainmaker Products and Consulting, which represents
     Zaldiva's products to the U. S. military and Native American groups.
     Rainmaker receives a commission of $1.00 per cigar and 10% on Company
     accessories that it sells to these purchasers.  For the current fiscal
     year, total commissions paid to Rainmaker have been less than $60,000.

          During the current year, a stockholder contributed inventory to the
     Company, valued at $9,000.  The Company valued these contributions using
     fair-market values on the dates of transfer.  No amounts are due to this
     stockholder as of the balance sheet date.

     Item 13. Exhibits and Reports on Form 8-K.
              ---------------------------------

     Reports on Form 8-K.
     --------------------

          8-K Current Report dated September 10, 2004, and filed with the
     Securities and Exchange Commission on September 17, 2004.

     Exhibits.*
     ----------

     Exhibit
     Number               Description
     ------               -----------

     31.1                 302 Certification of Robert B. Lees

     31.2                 302 Certification of John Palmer

     32                   906 Certification

               *    Summaries of all exhibits contained within this
                    Annual Report are modified in their entirety by reference
                    to these Exhibits.

     Item 14.  Principal Accountant Fees and Services.
               ---------------------------------------

          The following is a summary of the fees billed to the Company by its
     principal accountants during the calendar years ended September 30,
     2005, and September 30, 2004:

          Fee category                      2005           2004
          ------------                      ----           ----

          Audit fees                        $19,514        $16,105

          Audit-related fees                $     0        $ 4,487

          Tax fees                          $   794        $   425

          All other fees                    $     0        $   375

          Total fees                        $20,308        $21,392

          Audit fees.  Consists of fees for professional services rendered by
     our principal accountants for the audit of our annual financial
     statements and the review of financial statements included in our Forms
     10-QSB or services that are normally provided by our principal
     accountants in connection with statutory and regulatory filings or
     engagements.

          Audit-related fees.  Consists of fees for assurance and related
     services by our principal accountants that are reasonably related to the
     performance of the audit or review of our financial statements and are
     not reported under "Audit fees."
          Tax fees.  Consists of fees for professional services rendered by
     our principal accountants for tax compliance, tax advice and tax
     planning.

          All other fees.  Consists of fees for products and services
     provided by our principal accountants, other than the services reported
     under "Audit fees," "Audit-related fees" and "Tax fees" above.

                                SIGNATURES

          In accordance with Section 13 or 15(d) of the Exchange Act, the
     registrant caused this report to be signed on its behalf by the
     undersigned, thereunto duly authorized.
                                              ZALDIVA, INC.


     Date:   12/28/05                         By: /s/ Robert B. Lees
             --------                             ------------------------
                                                   Robert B. Lees, Director
                                                   and President


          In accordance with the Exchange Act, this Annual Report has been
     signed below by the following persons on behalf of the Registrant and in
     the capacities and on the dates indicated.

     Date:    12/28/05                             /s/ Robert B. Lees
             ---------                             ------------------------
                                                   Robert B. Lees, Director
                                                   and President


     Date:    12/27/05                             /s/ John A. Palmer Jr.
             ---------                             ------------------------
                                                   John A. Palmer, Jr.,
                                                   Director, Secretary and
                                                   Treasurer