Cala Corp. Buys Back 3 Million Shares.TITUSVILLE, Fla. -- Cala Corporation, trading under (Pink Sheets:CCAA CCAA Comunidades Autónomas CCAA China Center of Adoption Affairs CCAA Companies' Creditors Arrangement Act (Canada) CCAA California Collegiate Athletic Association CCAA Commercial Collection Agency Association ) and dba UnderSea Resort & Casino www.UnderSeaResort.com, is pleased to announce that the company has re-purchased 3 million shares both free trading and restricted soon to be matured. The shares are being returned to the transfer agent to be cancelled. The company used its operational profits, and a few assets, to re-purchase the shares. In addition, for the past two years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time company has drastically reduced the number of the free trade shares from 31 million to 24 million. The management feels strongly that the UnderSea Resort is making great progress; therefore, buying back its shares is the best investment at this time; it is similar to providing dividends to its shareholders. Mr. Cala, with the advice of Mr. Francis, has decided to go forward with the UnderSea's construction phase since the interest in the UnderSea Resort and Casino has been explosive. On a different note, the company has filed an 8-K with the SEC regarding sub-leasing its restaurants. The company wishes the new operators, Gabrielle Davanzante and Sergio Mirabelle, great success. The UnderSea Resort www.UnderSeaResort.com is the leading leisure oceanic undersea observatory observatory, scientific facility especially equipped to detect and record naturally occurring scientific phenomena. Although geological and meteorological observatories exist, the term is generally applied to astronomical observatories. , Resort, Spa, Casino, Full and Fractional Ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. , Private Club and Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into . The company plan is to have locations in major tourist and cosmopolitan destinations. |
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