Cala Signs Agreement with the Most Prestigious Yard in the Industry to Construct the First Waterfront Undersea Resort

January 27, 2011 at 01:00 pm EST

MarketScreener.com By

Cala Corp (OTC Pink:CCAA) announced today that it will expand its Undersea Resort in response to the $1 Trillion global market demands. The Undersea Resort (www.undersearesort.com) has signed a Non-Disclosure Agreement with the most prestigious yard in the industry STX Europe (www.stxeurope.com), for future waterfront construction of the following various possible uses:

Lavishly-appointed Suites - 330, ranging from 1,100 to 12,000 square feet each.

Spa and Ageless Treatment Clinic - 500,000 square feet

Convention Center and Executive Meeting space - 1,200,000 square feet

CasinoResort, Family Gaming Arcade and Water Park - 1.000,000 square feet

Class A Exhibit and Concert Hall space - 13,000 seats

Professional Sport Stadium - 20,000 seats

Undersea Natural Aquarium - 5,000,000 square feet

Class A Tower Office - 1,000,000 square feet

University or Hospital Campus - From 500,000 to 1,200,000 square feet

The global market demand is endless because the waterfront undeveloped properties represent almost 75% of the earth's traditional real estate. The product line is especially attractive to industry because the Undersea Resort has the added benefit of being environmentally safe, with almost zero emission. The actual development cost per location is from $500M to $1.5 billion. Each development location will be funded directly by the actual owner of the project. The owners are classified as the largest pension system funds or REIT.

The company is filing its 10K for 2009. In addition, the 10Qs and the 10K for 2010 will be filed as soon as possible. The Undersea Resort takes this opportunity to express our deep appreciation of, and thanks to, Mssrs. Arnaud Le Joncour, Eric Chapuis, Xavier Laurent and Jean-Marc Auriault.

About Us: A Master development company for waterfront, onshore and offshore properties. Focus in leisure lifestyle. Resort with suites below and above sea. Ageless Spas. Natural Aquariums. Convention and Shopping Centers. Floating parking garages. Casinos. Concert and Exhibit Halls. Office Tower, Spas and Professional Sport Stadium.