Cala Corporation (fka CCAA)

[value235]

Another trend that I would expect to continue is the elimination of debt. The following shows how Mr. Cala has worked at eliminating debt, while at the same working to build revenue.

End of 1999 showed Notes Payable was (893,535)
End of 1st quarter of 2000 was (414,783)
End of 2nd quarter of 2000 was (163,376)

Now read how is adding revenue to the company at the same time:
http://biz.yahoo.com/bw/000926/ok_cala.html
"Mr. Cala reported that this acquisition will generate $2.5 million in revenues starting in the fourth quarter of 2000. Future contracts booked by Pedana Costrufer of Italy are estimated at $10 million."
http://www.prnewswire.com/cgi-bin/micro_stories.pl?ACCT=147564&TICK=CCAA&STORY=/www/story/06-06-2000/0001236308&EDATE=Jun+6,+2000
" This acquisition is expected to bring immediate revenue to Cala Corporation. Annual system-wide sales for the mill and eight retail locations exceed $5 million."

Again Mr. Cala stated in a recent interview that he has all but eliminated debt. He also stated how revenue was growing on a monthly basis.
http://www.wallstreetreporter.com/interviews/sept/11/Cala.htm

By looking at these trends in earnings and debt we are able to see how this company has risen from the ashes. Mr. Cala has ran this company for one year and in that time he has gotten it off the pinks, eliminated debts, raised earnings, completed several acquisitions, built a shareholder base and has now retired over 1 millions shares of stock. Now these are just a few of the reasons to be excited about the future of this company and why at this trading level Cala offers very little downside imo.