We all know how this market works, or most of us do, and sometimes you just have to laugh when you read some of these press releases. Today's CCAA release ranks right up there with one of the fluffiest I have seen in quite some time.
To say there is a $1 TRILLION dollar demand for anything is quite a statement. To put what CCAA is stating into perspective, Royal Caribbean Cruise Lines, one of the biggest resorts on the sea has revenue of $8 billion. Carnival Cruise Lines has revenue of $14 billion. These are immensely popular vacation choices yet one would be hard pressed to characterize the demand for these to be anywhere close to what CCAA, a penny stock is claiming their underwater resort has. Carnival Cruise Lines and Roayal Cairbbean Cruise lines actually move through the water and head to different destinations. People get out at destinations and snorkel to see fish and underwater sites. Whose going to pay all this money to go no where?
It looks like a regular Cruise ship to me, except it doesn't go anywhere. So there are windows on this resort ship at its lowest floors, usually reserved for the service staff on a normal cruise ship. Those are the bowels of the resort. When people go on vacation they want to be in the warm sun, not the cold water. But hey maybe I'm wrong, looking at fish for a week or two could be pretty exciting. Maybe there is $1 TRILLION in demand for an underwater resort. Could it be that this endeavor is being penciled into the next stimulus package? The first underwater luxury resort could be donned the QE3. Its construction will create thousands of jobs and our very own Ben Bernacke will christen it the day it slides into the ocean. And it would be so fitting because like QE1 and QE2, QE3 isn't likely to do much of anything except line the pockets of those at the top.
It's fun to dream, especially when you supposedly have $1 trillion in demand.
I say why stop there! Make the thing fly too. Heck outfit it with some rockets and send it to the moon, mars, and the entire solar system. Now that would be something. And if they were able to do that I would be hard pressed to argue with them stating they have $1 trillion in demand for this resort.
CalaSignsAgreementwiththe Most Prestigious Yard in the Industryto Construct the FirstWaterfront Undersea Resort Business Wire "Press Releases - English"
Various Uses Include an Ultra-Luxurious Resort , Spa, Casino, ConventionCenter, Shopping Center, Concert and Exhibit Hall, Office Tower and an Undersea Natural Aquarium
NEW YORK --(BUSINESS WIRE)-- Cala Corp (OTC Pink:CCAA) announced today that it will expand its Undersea Resort in response to the$1 Trillionglobal 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 demandis endless because thewaterfrontundeveloped propertiesrepresentalmost75% of the earth'straditional 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 companyis filing its 10Kfor 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 .
Cala Corp Joseph Cal, 011-39-380-77-56-200 cala@undersearesort.com via skype - joseph_cala
Source: Cala Corp
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