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

To: Truman123 who wrote (47980)	5/23/2000 2:47:00 PM
From: SSP	Read Replies (1) \| Respond to of 150070

I heard Joseph will remain in Italy until the deal is done! May 22, 2000 /PRNewswire via COMTEX/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTC Bulletin Board: CCAA) today announced from Rome, Italy that negotiations are continuing in Cala Corporation's ongoing effort to purchase Costanzo Industries of Italy. Mr. Cala stated that he was confident that the meetings this week in Rome before Prefetto Santoro were both constructive and positive. Mr. Mauro Zaro, Senior Manager of KPMG Italy, has been retained by the Cala Corporation to assist with the Costanzo acquisition. After further review of information provided by Costanzo, the net value of pending contracts to be honored by Cala Corporation has been revised to $221 million.