| Nevada                                                         | 20-8600068                           |
|----------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |

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

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| PART I - FINANCIAL INFORMATION |
|--------------------------------|
|                           |   | Page |
|                           |   |   |
| Item 1.                        | Financial Statements | 3 |
| Item 2.                        | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 9 |
| Item 3.                        | Quantitative and Qualitative Disclosures About Market Risk | 11 |
| Item 4.                        | Controls and Procedures | 11 |
|                           |   |   |
| PART II - OTHER INFORMATION    |
|                           |
| Item 1.                        | Legal Proceedings | 13 |
| Item 1A.                       | Risk Factors | 13 |
| Item 2.                        | Unregistered Sales of Equity Securities and Use of Proceeds | 13 |
| Item 3.                        | Defaults Upon Senior Securities | 13 |
| Item 4.                        | Submission of Matters to a Vote of Security Holders | 13 |
| Item 5.                        | Other Information | 13 |
| Item 6.                        | Exhibits and Reports on Form 8-K | 13 |
|                           | SIGNATURES | 14 |

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| PART I - FINANCIAL INFORMATION Item 1. Financial Statements ROYAL UNION HOLDING CORPORATION(A DEVELOPMENT STAGE COMPANY) FINANCIAL STATEMENTS(UNAUDITED) June 30, 2010   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Our unaudited financial statements included in this Form 10-Q are as follows:                                                                                                                                                                                                                                                                                                                                                                                                                              |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |
| F-1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Condensed Balance Sheets (Unaudited) as of June 30, 2010 and December 31, 2009; |
| F-2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Condensed Statements of Operations (Unaudited) for the three and six months ended June 30, 2010, the three and six months ended June 30, 2009, and for the Period from Inception (March 7, 2007) to June 30, 2010; |
| F-3                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Condensed Statements of Cash Flows (Unaudited) for the six months ended June 30, 2010, the six months ended June 30, 2009 and for the Period from Inception to June 30, 2010; |
| F-4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Notes to the Unaudited Condensed Interim Financial Statements; |
|   These unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the SEC instructions to Form 10-Q. In the opinion of management, all adjustments considered necessary for a fair presentation have been included. Operating results for the interim period ended June 30, 2010 are not necessarily indicative of the results that can be expected for the full year. |

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| ROYAL UNION HOLDING CORPORATION(formerly: Zion Nevada Corporation)(A Development Stage Company) Condensed Balance sheets(Unaudited) |   |
|------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                     |   |   |   |   |   |   |
|                                                                                                                                     |   |   |   |   |   |   |
| ASSETS                                                                                                                                   |   | June 30, 2010 |   |   | December 31, 2009 |   |
|                                                                                                                                     |   |   |   |   |   |   |
| Current assets:                                                                                                                          |   |   |   |   |   |   |
|   Cash and cash equivalents                                                                                                    |   | $ | 62 |   |   | $ | 324 |   |
|   Prepaid expense                                                                                                              |   |   | - |   |   |   | 600 |   |
|      Total current assets                                                                                       |   |   | 62 |   |   |   | 924 |   |
|                                                                                                                                     |   |   |   |   |   |   |   |   |
| Total Assets                                                                                                                             |   | $ | 62 |   |   | $ | 924 |   |
|                                                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                                                     |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' (DEFICIT)                                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                                                     |   |   |   |   |   |   |   |   |
| Current liabilities:                                                                                                                     |   |   |   |   |   |   |   |   |
| Accounts payable and accrued expenses                                                                                                    |   | $ | 8,953 |   |   | $ | 952 |   |
| Advances from related parties                                                                                                            |   |   | 59,564 |   |   |   | 49,074 |   |
|      Total current liabilities                                                                                  |   |   | 68,517 |   |   |   | 50,026 |   |
| Commitments and contingencies                                                                                                            |   |   | - |   |   |   | - |   |
|                                                                                                                                     |   |   |   |   |   |   |   |   |
| Stockholders' (deficit)                                                                                                                  |   |   |   |   |   |   |   |   |
|   Preferred stock; $.001 par value, 50,000,000 shares                                                                          |   |   |   |   |   |   |   |   |
| authorized, zero shares issued and outstanding                                                                                           |   |   | - |   |   |   | - |   |
|   Common stock; $.001 par value, 900,000,000 shares authorized;                                                                |   |   |   |   |   |   |   |   |
| 12,225,000 and 12,225,000 shares issued and outstanding                                                                                  |   |   |   |   |   |   |   |   |
| as of June 30, 2010 and December 31, 2009, respectively                                                                                  |   |   | 12,225 |   |   |   | 12,225 |   |
|   Additional paid-in-capital                                                                                                   |   |   | 12,525 |   |   |   | 12,525 |   |
|   Accumulated (deficit) during the development stage                                                                           |   |   | (140,405 | ) |   |   | (121,052 | ) |
|   Stock issuable                                                                                                               |   |   | 50,000 |   |   |   | 50,000 |   |
|   Less: Stock issued for receivable                                                                                            |   |   | (2,800 | ) |   |   | (2,800 | ) |
| Total stockholders' (deficit)                                                                                                            |   |   | (68,455 | ) |   |   | (49,102 | ) |
|                                                                                                                                     |   |   |   |   |   |   |   |   |
| Total Liabilities and Stockholders' (Deficit)                                                                                            |   | $ | 62 |   |   | $ | 924 |   |

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| ROYAL UNION HOLDING CORPORATION(formerly: Zion Nevada Corporation)(A Development Stage Company) Condensed Statements of operations(Unaudited) |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                               |   | For the threemonths endedJune 30, 2010 |   |   | RestatedFor the threemonths endedJune 30, 2009 |   |   | For the sixmonths endedJune 30, 2010 |   |   | RestatedFor the sixmonths endedJune 30, 2009 |   |   | March 7, 2007(date of inception)throughJune 30, 2010 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenues                                                                                                                                           |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General administrative                                                                                                                             |   |   | 15,671 |   |   |   | 7,768 |   |   |   | 19,353 |   |   |   | 13,957 |   |   |   | 90,530 |   |
| General administrative - related-party                                                                                                             |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 49,875 |   |
| Total operating expenses                                                                                                                           |   |   | 15,671 |   |   |   | 7,768 |   |   |   | 19,353 |   |   |   | 13,957 |   |   |   | 140,405 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Loss) from operations                                                                                                                             |   |   | (15,671 | ) |   |   | (7,768 | ) |   |   | (19,353 | ) |   |   | (13,957 | ) |   |   | (140,405 | ) |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Loss) before provision for income taxes                                                                                                           |   |   | (15,671 | ) |   |   | (7,768 | ) |   |   | (19,353 | ) |   |   | (13,957 | ) |   |   | (140,405 | ) |
| Provision for Income Taxes                                                                                                                         |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Net (loss)                                                                                                                                         |   | $ | (15,671 | ) |   | $ | (7,768 | ) |   | $ | (19,353 | ) |   | $ | (13,957 | ) |   | $ | (140,405 | ) |
| Basic and diluted loss per common share                                                                                                            |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   |   |   |   |
| Basic and diluted weighted average                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common shares outstanding                                                                                                                          |   |   | 12,225,000 |   |   |   | 12,225,000 |   |   |   | 12,225,000 |   |   |   | 12,225,000 |   |   |   |   |   |

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| ROYAL UNION HOLDING CORPORATION(formerly: Zion Nevada Corporation)(A Development Stage Company) Condensed Statements of cash flows(Unaudited) |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |
|                                                                                                                                               |   |   |   |   | Restated |   |   | March 7, 2007 |   |
|                                                                                                                                               |   | For the six |   |   | For the six |   |   | (date of inception) |   |
|                                                                                                                                               |   | months ended |   |   | months ended |   |   | through |   |
|                                                                                                                                               |   | June 30, 2010 |   |   | June 30, 2009 |   |   | June 30, 2010 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |
| Operating activities:                                                                                                                              |   |   |   |   |   |   |   |   |   |
|   Net loss                                                                                                                               |   | $ | (19,353 | ) |   | $ | (13,957 | ) |   | $ | (140,405 | ) |
|   Adjustments to reconcile net loss to                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| net cash used in operating activities:                                                                                                             |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock issued for services                                                                                                                          |   |   | - |   |   |   | - |   |   |   | 5,000 |   |
|   Changes in operating assets and liabilities:                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Decrease in prepaid expense                                                                                                                        |   |   | 600 |   |   |   | - |   |   |   | - |   |
| Expenses paid on company behalf by related parties                                                                                                 |   |   | 7,700 |   |   |   | 750 |   |   |   | 8,450 |   |
| Increase in accounts payable                                                                                                                       |   |   | 8,001 |   |   |   | - |   |   |   | 8,953 |   |
| Increase in accrued expenses                                                                                                                       |   |   | - |   |   |   | - |   |   |   | - |   |
| Net cash (used in) operating activities                                                                                                            |   |   | (3,052 | ) |   |   | (13,207 | ) |   |   | (118,002 | ) |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| Financing activities:                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
|  Advances from related parties                                                                                                                |   |   | 3,700 |   |   |   | 10,000 |   |   |   | 52,024 |   |
| Payments to related parties                                                                                                                        |   |   | (910 | ) |   |   | - |   |   |   | (910 | ) |
|  Net proceeds from issuance of common stock                                                                                                   |   |   | - |   |   |   | - |   |   |   | 66,950 |   |
| Net cash provided by financing activities                                                                                                          |   |   | 2,790 |   |   |   | 10,000 |   |   |   | 118,064 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| Net change in cash                                                                                                                                 |   |   | (262 | ) |   |   | (3,207 | ) |   |   | 62 |   |
| Cash, beginning of period                                                                                                                          |   |   | 324 |   |   |   | 4,332 |   |   |   | - |   |
| Cash, ending of period                                                                                                                             |   | $ | 62 |   |   | $ | 1,125 |   |   | $ | 62 |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| Non Cash Investing and Financing Activities:                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance of Common Stock for Services                                                                                                              |   | $ | - |   |   | $ | - |   |   | $ | 5,000 |   |

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NOTES

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|                                             |   | THREE MONTHS ENDED JUNE 30, 2009 |   |
|--------------------------------------------------|--------|----------------------------------|--------|
|                                             |   |                             |   |   |   |   |   |   |   |
| OPERATING EXPENSES                               |   | ORIGINAL                         |   |   | CHANGE |   |   | RESTATED |   |
|                                             |   |                             |   |   |   |   |   |   |   |
|   General administrative               |   | $                                | 7,018  |   |   | $ | 750 |   |   | $ | 7,768 |   |
|                                             |   |                             |   |   |   |   |   |   |   |   |   |   |
|     Total Operating Expenses |   |                             | 7,018  |   |   |   | 750 |   |   |   | 7,768 |   |

|                                             |   | SIX MONTHS ENDED JUNE 30, 2009 |   |
|--------------------------------------------------|--------|--------------------------------|--------|
|                                             |   |                           |   |   |   |   |   |   |   |
| OPERATING EXPENSES                               |   | ORIGINAL                       |   |   | CHANGE |   |   | RESTATED |   |
|                                             |   |                           |   |   |   |   |   |   |   |
|   General administrative               |   | $                              | 13,207 |   |   | $ | 750 |   |   | $ | 13,957 |   |
|                                             |   |                           |   |   |   |   |   |   |   |   |   |   |
|     Total Operating Expenses |   |                           | 13,207 |   |   |   | 750 |   |   |   | 13,957 |   |

----

Item

|   | 1. | Formation of the Company; |
|--------|----|---------------------------|

|   | 2. | Development of the Royal Union, Corporation business plan; |
|--------|----|------------------------------------------------------------|

|   | 3. | Registering with the Securities and Exchange Commission |
|--------|----|---------------------------------------------------------|

|   | 4. | Listing on a public market or exchange |
|--------|----|----------------------------------------|

|   | 5. | Securing DTC eligibility |
|--------|----|--------------------------|

|   | 6. | Due diligence and research potential design and the construction of residential and commercial real estate projects with emphasis on value and quality. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7. | Identifying alternative capital resources; |
|--------|----|--------------------------------------------|

|   | 8. | Due diligence and research on potential acquisition properties that will provide a current positive cash flow and portfolio for possible long-term appreciation. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 9. | Establishing policies and procedures for either long-term leasing or short-term sale. |
|--------|----|---------------------------------------------------------------------------------------|

|   | 10. | Diversification strategies to expand geographic reach. |
|--------|-----|--------------------------------------------------------|

----

|   | 1. | Internal and external demographic and marketing studies; |
|--------|----|----------------------------------------------------------|

|   | 2. | Financial and legal reviews as to the feasibility of the proposed project; |
|--------|----|----------------------------------------------------------------------------|

|   | 3. | The ability to secure necessary financing and obtain required government approvals and |
|--------|----|----------------------------------------------------------------------------------------|

|   | entitlements; |
|--------|---------------|

|   | 4. | Environmental due diligence; |
|--------|----|------------------------------|

|   | 5. | Management’s judgment as to the real estate market economic trends; and |
|--------|----|-------------------------------------------------------------------------------|

|   | 6. | Our experience in a particular market. |
|--------|----|----------------------------------------|

|                                     |   | For the threemonths endedJune 30, 2010 |    |   | RestatedFor the threemonths endedJune 30, 2009 |   |   | For the sixmonths endedJune 30, 2010 |   |   | RestatedFor the sixmonths endedJune 30, 2009 |   |   | March 7, 2007(date of inception)throughJune 30, 2010 |    |
|------------------------------------------|--------|----------------------------------------|---------|--------|------------------------------------------------|--------|--------|--------------------------------------|--------|--------|----------------------------------------------|--------|--------|------------------------------------------------------|---------|
|                                     |   |                                   |    |   |                                           |   |   |                                 |   |   |                                         |   |   |                                                 |    |   |   |   |   |   |
| Revenues                                 |   | $                                      | -       |   |                                           | $      | -      |                                 |   | $      | -                                            |   |   | $                                                    | -       |   |   | $ | - |   |
|                                     |   |                                   |    |   |                                           |   |   |                                 |   |   |                                         |   |   |                                                 |    |   |   |   |   |   |
| Operating expenses                       |   |                                   |    |   |                                           |   |   |                                 |   |   |                                         |   |   |                                                 |    |   |   |   |   |   |
| General administrative                   |   |                                   | 15,671  |   |                                           |   | 7,768  |                                 |   |   | 19,353                                       |   |   |                                                 | 13,957  |   |   |   | 90,530 |   |
| General administrative - related-party   |   |                                   | -       |   |                                           |   | -      |                                 |   |   | -                                            |   |   |                                                 | -       |   |   |   | 49,875 |   |
| Total operating expenses                 |   |                                   | 15,671  |   |                                           |   | 7,768  |                                 |   |   | 19,353                                       |   |   |                                                 | 13,957  |   |   |   | 140,405 |   |
|                                     |   |                                   |    |   |                                           |   |   |                                 |   |   |                                         |   |   |                                                 |    |   |   |   |   |   |
| (Loss) from operations                   |   |                                   | (15,671 | )      |                                           |   | (7,768 | )                                    |   |   | (19,353                                      | )      |   |                                                 | (13,957 | ) |   |   | (140,405 | ) |
|                                     |   |                                   |    |   |                                           |   |   |                                 |   |   |                                         |   |   |                                                 |    |   |   |   |   |   |
| (Loss) before provision for income taxes |   |                                   | (15,671 | )      |                                           |   | (7,768 | )                                    |   |   | (19,353                                      | )      |   |                                                 | (13,957 | ) |   |   | (140,405 | ) |
| Provision for Income Taxes               |   |                                   | -       |   |                                           |   | -      |                                 |   |   | -                                            |   |   |                                                 | -       |   |   |   | - |   |
| Net (loss)                               |   | $                                      | (15,671 | )      |                                           | $      | (7,768 | )                                    |   | $      | (19,353                                      | )      |   | $                                                    | (13,957 | ) |   | $ | (140,405 | ) |

----

| ASSETS                                                  |   | June 30, 2010 |   |   | December 31, 2009 |   |
|---------------------------------------------------------|--------|---------------|--------|--------|-------------------|--------|
|                                                    |   |          |   |   |              |   |
| Current assets:                                         |   |          |   |   |              |   |
|   Cash and cash equivalents                   |   | $             | 62     |   |              | $      | 324 |   |
|   Prepaid expense                             |   |          | -      |   |              |   | 600 |   |
|      Total current assets      |   |          | 62     |   |              |   | 924 |   |
|                                                    |   |          |   |   |              |   |   |   |
| Total Assets                                            |   | $             | 62     |   |              | $      | 924 |   |
|                                                    |   |          |   |   |              |   |   |   |
|                                                    |   |          |   |   |              |   |   |   |
| LIABILITIES AND STOCKHOLDERS' (DEFICIT)                 |   |          |   |   |              |   |   |   |
|                                                    |   |          |   |   |              |   |   |   |
| Current liabilities:                                    |   |          |   |   |              |   |   |   |
| Accounts payable and accrued expenses                   |   | $             | 8,953  |   |              | $      | 952 |   |
| Advances from related parties                           |   |          | 59,564 |   |              |   | 49,074 |   |
|      Total current liabilities |   |          | 68,517 |   |              |   | 50,026 |   |

|                          |   | June 30, 2010 |   |   | December 31, 2009 |    |
|-------------------------------|--------|---------------|--------|--------|-------------------|---------|
| Advances from related parties |   |  $       | 59,564 |   |              |  $ | 49,074 |   |

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SIGNATURES

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