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

To: Due Diligence who wrote (52218)	6/22/2000 3:23:00 PM
From: Patricia Meaney	Respond to of 150070

PENC looking good again today!

To: Due Diligence who wrote (52218)	6/22/2000 3:27:00 PM
From: Jim Bishop	Respond to of 150070

CCAA I got 5K at .33 before they moved it.

To: Due Diligence who wrote (52218)	6/23/2000 10:03:00 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

CCAA news OKLAHOMA CITY, June 23 /PRNewswire/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTCBB: CCAA) today announced that the Company is pursuing franchises for its Panioteca Modaferri Bakery/Cafe concept. The first franchise has been accepted in Italy by Cala Corporation and up to ten others are currently slated for development. The Panioteca Modaferri Bakery/Cafe will feature the unique "farina" flour formulation produced by the famed San Giuseppe Mills. The "farina" flour formulation is a blend of the highest quality grains from Argentina, Canada, and The United States. The San Giuseppe Mills, located in the area of San Cataldo, Italy, has operated continuously for over fifty years. Panioteca Modaferri will use this specially crafted "farina" to make exquisite bakery goods. These products will be sold in Old World, barrista type cafe settings, designed by the prestigious Italian design firm 3G Arredamenti, also of San Cataldo, Italy. The elegant interiors will mirror similar operations found in Italy and throughout Europe. Mr. Cala stated that the Panioteca Modaferri Bakery/Cafe represents an exciting franchise expansion vehicle for Cala Corporation both in Italy and The United States. Franchisees in Italy are able to apply for equipment loan guarantees through Italian "sabatini" laws. These laws make special provision for companies that utilize equipment manufactured in Italy. A preview of Panioteca Modaferri's interior design can be viewed at the (PR NEWSWIRE) Cala Corporation Announces the Arrival of Panioteca Modaferri Cala Corporation Announces the Arrival of Panioteca Modaferri OKLAHOMA CITY, June 23 /PRNewswire/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTCBB: CCAA) today announced that the Company is pursuing franchises for its Panioteca Modaferri Bakery/Cafe concept. The first franchise has been accepted in Italy by Cala Corporation and up to ten others are currently slated for development. The Panioteca Modaferri Bakery/Cafe will feature the unique "farina" flour formulation produced by the famed San Giuseppe Mills. The "farina" flour formulation is a blend of the highest quality grains from Argentina, Canada, and The United States. The San Giuseppe Mills, located in the area of San Cataldo, Italy, has operated continuously for over fifty years. Panioteca Modaferri will use this specially crafted "farina" to make exquisite bakery goods. These products will be sold in Old World, barrista type cafe settings, designed by the prestigious Italian design firm 3G Arredamenti, also of San Cataldo, Italy. The elegant interiors will mirror similar operations found in Italy and throughout Europe. Mr. Cala stated that the Panioteca Modaferri Bakery/Cafe represents an exciting franchise expansion vehicle for Cala Corporation both in Italy and The United States. Franchisees in Italy are able to apply for equipment loan guarantees through Italian "sabatini" laws. These laws make special provision for companies that utilize equipment manufactured in Italy. A preview of Panioteca Modaferri's interior design can be viewed at the Cala Corporation website, at www.calacorporation.com . The office of Geometra Vicenzo Cala will be responsible for overseeing architectural, electrical, and mechanical design for the prototype of Panioteca Modaferri. 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, 405-235-4960, or email, info@calacorporation.com . SOURCE Cala Corporation -0- 06/23/2000 /CONTACT: Cala Corporation, 405-235-4960, or info@calacorporation.com/ /Web site: calacorporation.com (CCAA) CO: Cala Corporation ST: Oklahoma IN: LEI RST SU: PDT