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International Guild of Hospitality & Restaurant
Corporation engages in the hospitality business. The Company was formerly known
as Creative Restaurant Concepts, Inc., which has been engaged in the business of
owning, operating, licensing and joint venturing restaurants. On October 6,
1999, Joseph Cala, an international developer and operator of hospitality
businesses, secured the rights to purchase 90 % of the common stock of 10 of the
largest shareholders of Creative Restaurant Concepts, Inc. In November 1999,
Creative Restaurant Concepts, Inc. changed its name to Cala Corporation.
The Company will concentrate its resources in the hospitality industry. The
Company's business strategy includes the development of the worlds first
Undersea Hotel/Casino, the development of Extended Care Facilities in
conjunction with golf courses, plus the development of a chain of Italian style
restaurant/coffee shops called Caffe L' Italiano. The Company will also actively
seek hospitality-related businesses for acquisitions.
As of January 1, 1999, the Company owned and operated three Ground Floor Cafes
located in Oklahoma City, Oklahoma and two Crocketts Smokehouse BBQ restaurants
also located in Oklahoma City. In February 1999, the Company closed one Ground
Floor Cafe and in September 1999, the Company sold its two Crocketts Smokehouse
In November 1999, the Company acquired the rights to the Cascina Italian
Restaurant from Joseph Cala and Gary Modafferi, which is under construction in
the Radisson Hotel on Beach Street at Fisherman's Wharf in San Francisco,
California. On December 31, 1999, the Company operated two Ground Floor Café
Restaurants in Oklahoma City and had one Cascina Italian Restaurant under
construction in San Francisco.
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1999-2000 International Guild of Hospitality and Restaurant Managers
Inc. All rights reserved.
The data included within the Financial section is solely for information
and does not construe a recommendation and/or endorsement by IGHRM or its
members to invest funds with any of the companies listed. You are strongly urged
to obtain professional advice with qualified individuals or corporations for any
investments of funds.