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Microcap & Penny Stocks : CCAA - CALA CORPORATION - Undersea Resort Hotel.

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To: Due Diligence who wrote ()2/14/2000 5:31:00 PM
From: Skycat  Read Replies (1) of 106
 
I found the article from the Wall Street Journal that came out on Friday, Feb. 11th. It seems to me that the Wall Street Journal focuses on big board stocks and it would surprise me enough to see them devote an article to a BB stock....but to devote an article to a stock trading ON THE PINKS? Wow! I'm impressed, I hope this is just one implication of great things ahead! If so...I can take some of the profits from this one and spend the weekend watching Shamu from my hotel window!! LOL

Here's the article:

February 11, 2000

BY MICHELLE HIGGINS and JONATHAN B. WEINBACH
Staff Reporters of THE WALL STREET JOURNAL

Luxury Lodging Under the Sea

The luxury hotel is about to take a dive, literally.

A floating resort with at least 20 underwater rooms is on the drawing board at Wimberly Allison Tong & Goo, the Honolulu architectural firm that designed the Atlantis Resort in the Bahamas. Cala Corp. currently plans to build the resort about 300 feet off the shore of Maui in Hawaii. Features include large portholes and pressurized chambers to allow guests access to their subaqua environment -- "like a Jules Verne scene," says George Berean, Wimberly Allison senior vice president.

Meanwhile, U.S. Submarines Inc. and Poseidon Submarines have designed a 286-foot luxury submarine intended for two-day underwater cruises. Guest rooms are small, but include large portholes, outer-water lights and a button you can push to feed the fish. The cost of a deep-sea sleep? Room rates at the resort are expected to be $500 to $600, and the submarine cruise is estimated at $4,000 a person. But don't reach for your scuba gear just yet -- both projects are at least two years away



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