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Pink Sheets: Cala Corp. (CCAA) news stock charts

Cala Corp. (CCAA/CCAA.PK) Penny Investment Summary:

Cala Corporation, a development stage company, develops an undersea resort and casino. It also plans to develop an undersea residence and a residence fractional ownership. The company, formerly known as Magnolia Foods, Inc., was founded in 1985 and is headquartered in Titusville, Florida.
www.undersearesort.com
Founded in 1985

CALA CORP (CCAA:OTC)

LAST $0.0028 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/3/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of CALA CORP (CCAA)

OPEN
$0.0028
PREVIOUS CLOSE
$0.0028
DAY HIGH
$0.0028
DAY LOW
$0.0028
52 WEEK HIGH
04/13/09 - $0.0050
52 WEEK LOW
06/1/09 - $0.0010
MARKET CAP
853.6K
AVERAGE VOLUME 10 D
0.0
EPS TTM
--
SHARES OUTSTANDING
304.9M
CCAA Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for CALA CORP (CCAA)

Cala To Raise Additional Capital

Cala Corporation filed its Form 10-Q with the Securities and Exchange Commission. The company intends to raise additional capital. The company stated: Our current cash flow will not be sufficient to maintain our capital requirements for the next twelve months. Accordingly, the Company will need to continue raising capital through either debt or equity instruments. The Company believes it will need to raise additional capital to continue executing the business plan. Whereas the Company has been successful in the past in raising capital, no assurance can be given that these sources of financing will continue to be available to us and/or that demand for our equity/debt instruments will be sufficient to meet our capital needs, or that financing will be available on terms favorable to the Company.

Cala Corp. Creates New Hospitality Management Division

Cala Corp. reported that the company has created a new hospitality management division. The new division will operate under the name of San Cataldo Inc. and its mission is to sign hospitality management contracts with independent owners. The hospitality division will receive up to 5% from the gross sales of signed hospitality entities.

Cala Corp. Auditor Raises 'Going Concern' Doubt

Cala Corp. filed its 10KSB on June 27, 2008 for the period ending December 31, 2007. In this report its auditor, De Joya Griffith & Company, LLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Cala Corp. financial resources

otc, otcbb, pinksheet, CCAA, ob Cala Corp.

CCAA Competitors

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Industry Analysis

Valuation CCAA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

CCAA

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CCAA transactions

Type
Date
Target
No transactions in the last 6 months.

Pink Sheets: More Recent Financial News About Cala Corp.

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