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To: Bidder who wrote (50398)6/8/2000 11:17:00 AM
From: allii  Respond to of 150070
 
Always seems to be case with CCAA. Wonder why there isn't alot of interest in them or at least so it seems...



To: Bidder who wrote (50398)6/8/2000 11:20:00 AM
From: Truman123  Respond to of 150070
 
Patience.



To: Bidder who wrote (50398)6/8/2000 11:27:00 AM
From: Jim Bishop  Read Replies (2) | Respond to of 150070
 
CCAA patience....and check this out!

OKLAHOMA CITY, June 8 /PRNewswire/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTC Bulletin Board: CCAA - news) today announced that
the Board of Directors has approved a corporate buy-back of up to one million shares of Cala Corporation common stock from the open market. The shares
purchased by Cala Corporation will be placed in the corporate treasury. The corporate buy-back of Cala Corporation stock will occur at management's discretion
over the course of the next calendar year.

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.

SOURCE: Cala Corporation



To: Bidder who wrote (50398)6/8/2000 11:39:00 AM
From: allii  Read Replies (1) | Respond to of 150070
 
CCAA...we spoke too soon!