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Company Profile for Cala Corporation.


Cala Corporation is in the progress of creating three new sectors of the hospitality/leisure industries: The UnderSea Resort, the UnderSea Club & Spa, and the UnderSea Residence.

The UnderSea Resort will offer between 250 to 300 luxurious suites with a direct view of the undersea as well as sea level. The resort will offer only all inclusive prices for the most discriminating dis·crim·i·nat·ing  
adj.
1.
a. Able to recognize or draw fine distinctions; perceptive.

b. Showing careful judgment or fine taste:
 travelers.

The UnderSea Club & Spa will be 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.  vacation VACATION. That period of time between the end of one term and beginning of another. During vacation, rules and orders are made in such cases as are urgent, by a judge at his chambers.  residences with ultra-prevention spas, cutting-edge medicine, a luxe luxe  
n.
1. The condition of being elegantly sumptuous.

2. Something luxurious; a luxury.



[French, luxury, from Latin luxus.
 setting plus 250 resident estates of four or more bedrooms that range in size from 4,000 to 6,000 square feet. Initial membership will be $500,000.00, with an annual maintenance fee of $20,000.00. A fractional fractional

size expressed as a relative part of a unit.


fractional catabolic rate
the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time.
 membership will entitle en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 the owner to a period from 3 weeks to one month per year for their lifetime.

The UnderSea Residence will be an ultra-luxurious sea residence for the most discriminating owners. The average residence will range in size from 2,000 to 10,000 square feet. All are priced from $3,000,000 to $12,000,000. The residence owners will enjoy the concierge life -- where five-star resort service meets maintenance-free living. The homeowners at UnderSea Residences will simply need to bring a toothbrush toothbrush,
n a handheld device with an arrangement of bristles at one end, and a handle designed to reach effectively all exposed surfaces of the teeth and gingiva.
. Every other detail, from ordering furniture and appliances to fully stocking the kitchen is taken care of through the residence's endless service program.

The company objective is to become the biggest real estate and lodging Lodging or holiday accommodation is a type of accommodation. People who travel and stay away from home for more than a day need lodging mainly for sleeping. Other purposes are safety, shelter from cold and rain, having a place to store luggage and being able to take a  holder in history, if the company is successful in securing the funds for the first development.
Company:                Cala Corporation

   Headquarters Address:   1314 Texas Avenue
                           Suite 410
                           Houston, Texas 77002

   Main Telephone:         713-302-8689

   Website:                www.undersearesort.com

   Ticker:                 (OTCBB:CCAA)

   Type of Organization:   Public

   Industry:               Travel: Lodging

   Earnings Release Dates: 1st Quarter: March 31, 2004
                           2nd Quarter: September 30, 2004
                           3rd Quarter: June 30, 2004
                           4th Quarter: December 31, 2004

   Key Executives:         Chairman: Joseph Cala
                           President: Ray Francis
                           Vice President: Mike Windeguth

   Public Relations
     Contact:              Joseph Cala
     Phone:                713-302-8689
     Email:                cala@undersearesort.com

   Investor Relations
     Contact:              Mike Windeguth
     Phone:                512-809-0366
     Email:                windeguth@undersearesort.com

COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:4EUUK
Date:Oct 15, 2004
Words:344
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