SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB



          [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


                  For the quarterly period ended September 30, 2003


                         Commission file number 01-15109

                                CALA CORPORATION
              ----------------------------------------------------
             (
                               Oklahoma 73-1251800
                ------------------------------ ------------------
                                1314 Texas Ave.
                            Houston, Texas 77002
                      ------------------------------------

                                 (713) 302 8689
                              ---------------------



 Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days. Yes X_ No ___

     Indicate the number of shares outstanding of each of the issuer's
classes
of common stock, as of the latest practicable date.

         Common Stock                   48,568,637
       Par Value $0.005          Shares outstanding as of
           per share                September 30, 2003


Transitional Small Business Disclosure Format        Yes __    No _X_



                               <PAGE>






                                Cala Corporation
                              Balance Sheet (UNAUDITED)
                                September 30, 2003


<CAPTION>
<TABLE>

<S>                                           <C>
ASSETS

Current Assets
     Cash                                    $220
                                            ------
        Total current assets                  220
                                            ------

TOTAL ASSETS                                 $220
                                            ======


LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities:
     Accounts payable                       $49,550
     Accrued salary  Officer                140,000
     Loan Payable to Officer                250,291
                                            -------
         Total current liabilities          439,841

Stockholders' Deficit

     Common stocks                          274,250
     Additional paid-in capital           8,950,550
     Retained Earnings (deficit)         (9,470,697)
     Net loss                              (142,522)
         Less:  Treasury stock              (51,202)
                                             -------
         Total Stockholders' Equity        (439,621)
                                            --------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY     $220
                                             =======
</TABLE>


                                <PAGE>






                             Cala Corporation
                    Statements of Operations (UNAUDITED)
                    For the three months and nine months
                          ended September 30,2003

<CAPTION>
<TABLE>
                                Three Months       Nine Months
                              ---------------     -------------
<S>                                      <C>                <C>

Sales                            $       -        $       -

Operating ExpensesOfficer's salary   20,000              60,000
                                    --------            -------

Net loss from operation             (20,000)            (60,000)

Loss on disposal of discontinued
       Operation                       -                 (82,522)
                                    --------             --------
Net loss                          $ (20,000)           $(142,522)
                                     =======             =======
135:</TABLE>

137: <TABLE>
     <S>                                                                      <C>
Profit per share                                        $    0.0

Shares outstanding                                    48,568,637
141:</TABLE>

                                   <PAGE>







                              Cala Corporation
                   Statements of Cash Flows (UNAUDITED)
      For the three months and nine months ended September 30, 2003


<CAPTION>
<TABLE>
                                  Three Months      Nine Months
                                  ------------       -----------
<S>                                         <C>            <C>
Cash flows from operating activities
     Net loss                           $ (20,000)    $(142,522)
Adjustments to reconcile
     net income to net cash
  Provided by operating activities:
     Discontinued operation                    -         82,522
     Accrued salary  officer               20,000        60,000
     Loan payable to officer              (24,721)      (47,280)

                                           -------       -------
     Net cash used by operating activities (24,721)      (47,280)
                                            -------       -------

Cash flows from financing activities
     Sale of stocks                            -          47,500
                                            -------       -------
Net cash provided by financing activities      -          47,500
                                            -------       -------


Cash and cash equivalents at beginning of period 24,941        -
                                                -------       ----
Cash and cash equivalents at end of period    $     220     $ 220
                                                   ====       ====
</TABLE>

                                 <PAGE>





CALA CORPORATION
NOTES TO FINANCIAL STATEMENTS


Item 1.  Business:
In the opinion of the Company, the accompanying unaudited financial
statements contain the adjustments (consisting of normal recurring
accruals) necessary to present the financial position as of September
30, 2003 and the results of operations and statements of cash flows for
the nine months ended September 30, 2003 and it is not necessarily
indicative of the results to be expected for the full year.

A. Presentation of Prior Year Information:
For further discussions see form 10-KSB for December 31, 2002.

B. Accounting Policies:
During interim periods the Company follows the accounting policies set
forth in its consolidated financial statements included in its annual
report on Form 10-KSB. Reference should be made to such financial
statements for information on such accounting policies and further
financial details.

Item 2.  Management's Discussion and Analysis of Plan of Operations:
A. Operations:
The Company discontinued its restaurant operation at the beginning of
2003.

Item 4.  Submission of Matters to a Vote of Security Holders:
There were no matters submitted to a vote of a security holders in this
quarter.

Item 5.  Market for Registrants Common Stock and Related Stockholder
Matters:
The company repurchased and retired back to the treasury 1,000,000
shares from the open market.

Item 6. Management's Discussion and Analysis of Operations:
The company has multiple million dollar lawsuits pending against
IMOIL,Gisella Mancini, Querino Caparrelli and Merrill Lynch
regarding merger frauds.

Item 7.       Financial Statements:

The financial statements and schedules are unaudited.

Item 8.   Directors and Executive Officers of the Registrant:
The directors and officers of Cala Corporation as of March 31, 2002
are identified below. No family relationships exist between or among
any directors or officers of Cala Corporation.

<TABLE>
<S>                  <C>     <C>                <C>
Name                Age     Position            Since

Joseph Cala          43     CEO/Director         1999

Steven KO            53     Director             1999
</TABLE>

Joseph Cala, 42, is Chairman of the Board, and CEO of Cala Corporation.
Mr. Cala has been an International business owner most of his
professional life.

Steven KO, 52, formerly served as Executive Vice President at Bank of
America and is currently the CFO for a large trust investment company.

Item 9. Executive Compensation:
Joseph Cala's will accrue an annual salary of US$150,000.00 for the
year 2003.
Steven KO's will received 50,000 restricted shares annually.

                            <PAGE>




Part II  Other Information


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K
         --------------------------------

The following exhibits are included herein:

(a)The Company did not file any reports on Form 8-k during the
quarter.

31 Rule 13a-14(a)/15d-14(a) Certifications.
32 Certifications pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
By Joseph Cala, Chairman, Chief Executive Officer

Signatures
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
                                           CALA CORPORATION
Date: February 19,2004,                 By:/s/Joseph Cala
                                        -----------------
                                   Joseph Cala, Chairman and CEO

                                <PAGE>




Certification


I, Joseph Cala, certify that:
1. I have reviewed this quarterly report on Form 10-Q of Cala
Corporation;
2. Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to
the period covered by this quarterly report;
3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all
material respects the financial condition, results of operations and
cash flows of the registrant as of, and for, the periods presented in
this quarterly report;
4. I am responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules 13a-14 and
15d-14) for the registrant and I have:
a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities,
particularly during the period in which this quarterly report is being
prepared;
b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of
this quarterly report (the "Evaluation Date"); and
c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;
5. I have disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of registrant's board of
directors (or persons performing the equivalent function):
a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to
record, process, summarize and report financial data and have
identified for the
registrant's auditors any material weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's
internal controls; and
6. I have indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of our
most recent evaluation, including any corrective actions with regard to
significant deficiencies and material weaknesses.


Date: February 19, 2004
/s/Joseph Cala ,

Joseph Cala,
Chairman and Chief Executive Officer


                                <PAGE>




Exhibit 32

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO SECTION 906
OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of Cala
Corporation (the "Company") for the quarter ended September 30, 2003,
as filed with the Securities and Exchange Commission on the date hereof
(the "Report"), I, Joseph Cala, Chairman and Chief Executive Officer of
the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my
knowledge:
1. The Report fully complies with the requirements of section 13(a) or
15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or
78o(d); and
2. The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of
the Company.


Dated: February 19, 2004
/s/ Joseph Cala

Joseph Cala
Chairman and Chief Executive Officer