On December 28, 2015, Xalles Holdings Inc. approved the resignation received from Stefan Stojanovic as a Director on the company's Board of Directors. On December 28, 2015, the Company and the majority of its shareholders by written consent, appointed Mati Baumel as a Director. From 2012 to Present, Mr. Baumel is the Inventor and Founder at New Health Era S.A- Switzerland.

Mr. Baumel will serve as the Company's Director until his duly elected successor is appointed or he resigns.