International Guild of Hospitality & Restaurant Managers

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Cala 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 BBQ restaurants.

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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Disclaimer:
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.