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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (47275)	5/17/2000 3:49:00 PM
From: Laura E.	Respond to of 150070

since there is no bridge notice for WLDCE, will it still be going pink?

To: StocksDATsoar who wrote (47275)	5/17/2000 3:49:00 PM
From: Due Diligence	Read Replies (2) \| Respond to of 150070

CCAA Major news: (PR Wires) PRW: Cala Corporation Obtains Preliminary Approval to Purchase PRW: Cala Corporation Obtains Preliminary Approval to Purchase Costanzo Industries OKLAHOMA CITY, May 17 /PRNewswire/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTC Bulletin Board: CCAA) today announced that Cala Corporation has received preliminary approval to purchase Costanzo Industries of Italy. Costanzo Industries is the third largest builder of Italian resorts and hotels. Costanzo had previously partnered with Fiat in building high speed train facilities in Italy and is considered a major force in the Southern European construction industry. The acquisition, which is being overseen by the Italian ministry of Industry, was granted local approval by an Italian government trustee on May 15, 2000. The two-tier approval process will continue today in Rome, where Mr. Cala will seek a necessary final approval by the Italian Prefetto presiding over this acquisition. The management of Costanzo welcomed Cala Corporation's bid for acquisition. Costanzo has yearly revenues of several hundred million dollars and pending contracts valued at over $500 million. Cala Corporation has agreed to fulfill all pending contracts, should its acquisition of Costanzo be accepted. The accounting firm of Arthur Anderson has been assisting Costanzo to provide detailed financial information to Cala Corporation. Mr. Cala stated that the acquisition of Costanzo would serve several distinct purposes. To begin with, it would provide a necessary alliance to build the Undersea Resort and Casino project. Secondly, the purchase of Costanzo would present a means to building and acquiring other hotel properties. Finally, the commitment to honor Costanzo's pending contracts would provide Cala Corporation with an excellent revenue source. About Cala Corporation Cala Corporation is a developer of international hospitality businesses with a corporate emphasis on the ownership, operation and management of hotels, resorts and casinos. Cala Corporation is currently developing the Undersea Resort and Hotel project with proposed locations throughout the world. The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For further information on Cala Corporation, please contact (405) 235-4960 or e-mail info@calacorporation.com. /CONTACT: Cala Corporation, 405-235-4960, or info@calacorporation.com/ 15:26 EDT * end of story *

To: StocksDATsoar who wrote (47275)	5/17/2000 3:58:00 PM
From: y2kfree_radical	Read Replies (1) \| Respond to of 150070

200mph-u must b as confused as i on TRRA-LCOS since u won't answer me