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 March 31, 2002


                         Commission file number 01-15109

                                CALA CORPORATION
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)


                               Oklahoma 73-1251800
                ------------------------------ ------------------
                          (State of other jurisdiction
                               of (I.R.S. Employer
                                incorporation or
                          organization) Identification
                                      No.)


                                39 New Montgomery
                         San Francisco, California 94105
                      ------------------------------------
                    (Address of principal executive offices)

                                 (415) 495 5436
               --------------------------------------------------
              (Registrant's telephone number, including area code)



     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                                49,850,000
       Par Value $0.005                       Shares outstanding as of
           per share                            September 30, 2001


Transitional Small Business Disclosure Format        Yes __    No _X_



<PAGE>



                                Cala Corporation
                           Consolidated Balance Sheets
                               As of September 30, 2001


                                                                       Cala
                                                                    Corporation
ASSETS                                                                    --

Current Assets:
     Cash                                                             $ 25,000
     Accounts receivable
     Notes receivable                                                   50,000
     Other current assets                                                 --
                                                                      --------
         Total Current Assets                                           75,000

Property and Equipment (net)                                           105,000

Other Assets
                                                                      --------
TOTAL ASSETS                                                          $180,000
                                                                      ========


                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
     Accounts payable                                                  $    -
     Accrued expenses                                                       -
     Income taxes payable                                                   -
     Loan Payable to Officer                                           365,000
     Other current liabilities                                          35,000
                                                                    ----------
         Total current liabilities                                     400,000

Long-term debt


Stockholders' Equity

     Common stocks                                                     249,250
     Additional paid-in capital                                      8,347,194
     Retained Earnings (deficit)                                    (9,419,997)
         Less:  Treasury stock                                         (51,202)
                                                                     ---------
         Total Stockholders' Equity                                   (220,000)
                                                                     ---------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                           $ 180,000
                                                                     =========


<PAGE>



                                Cala Corporation
                             Statement of Operations
                    For the nine months ended March 31, 2002
                                    Unaudited




Sales                                                         $ 89,430
Cost of Sales                                                   29,030
                                                              --------

Gross Profit                                                    60,400

Operating Expenses                                              31,400
                                                              --------

Net Profit                                                      29,000

Discontineus operation:
  Income from operations of
  discontinued segments                                           -
Loss on disposal of discontinued
         segment                                                  -
                                                              ---------
Net Profit                                                    $ 29,000
                                                              =========

Profit per share                                              $    0.1


Weighted average shares outstanding                         49,850,000




<PAGE>



                                Cala Corporation
                           Statement of Cash Flows
                     For the nine months ended March 31, 2002
                                    Unaudited




Cash flows from operating activities                                  $ 29,000
     Net Profit
Adjustments to reconcile
     net income to net cash
  Provided by operating activities:
        Notes receivable                                                50,000
        Notes Payable                                                  (35,000)
          Loan Payable related party                                   365,000

                                                                    -----------
         Net cash used by operating activities                         409,000
                                                                    -----------
Cash flows from investing activities
      Acquisition of other investments                                   -
                                                                    -----------
         Net cash used by investing activities                           -
                                                                    -----------
Cash flows from financing activities
     Principal payments on long term debt                              400,000
     Issuance of stocks                                                  -
     Paid in capital                                                     -
                                                                      ---------
         Net cash provided by financing activities                     400,000
                                                                      ---------
Net decrease/increase in cash and cash equivalents                       9,000

Cash and cash equivalents at beginning of period                        34,000
                                                                    -----------
Cash and cash equivalents at end of period                          $   25,000
                                                                    ===========
<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 March 31, 2002 and the results of
operations and statements of cash flows for the nine months ended March 31, 2002
and it is not necessarily indicative of the results to be expected for the full
year.

A. Presentation of Prior Year Information:

   As of December 31, 2001, the Company owned and operated no businesses.

   For further discussions see form 10-KSB for December 31, 2001.

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 has acquired House of Shields, a San Francisco Landmark destination
since 1906, which is feature in the www.bestofsanfrancisco.com

Revenues for the first three months ending March 31, 2002 were US$89,000.
However the company revenue for the same period in 2001 was zero or (US$0.0) The
increase in sales reflects the opening of House of Shields operation in San
Francisco late February 2002. In addition the company quartely gross profits
were $29,000 for the quarter while last year the company losses were US$48,735
for the same quarter. The change was attributed to the company's focusing on the
restaurant industry.

Item 3.  Legal Proceedings

The company has settle one lawsuit and has additional lawsuit pending. The
company expect to settle this lawsuit shortly. Cala Corporation has instructed
the company lawyer to file suit against Querino Caparrelli, Gisella Mancini,
IMOIL S.r.l. of Itri, Italy and Merrill Lynch Brokerage who acted has their
advisors during the merger. The company is seeking a) the cancellation of the 10
million shares which were given to the above as good faith deposit to facilitate
the merger and b) the damages for the losses incurred by the company and its
shareholders.

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:

<PAGE>


As of March 31, 2002 the company has not issued additional stocks.

Item 6. Management's Discussion and Analysis of Operations:

During the year 2001, they was no company activities due to the Mancini & IMOIL
S.r.l. merger. However, starting this quarter the company will only focus on the
hospitality industry.

Item 7.       Financial Statements:

The financial statements and schedules are not included herewith.

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.

         Name                Age     Position            Since

         Joseph Cala          40     CEO/Director         1999

         Steven KO            50     Director             1999

Joseph Cala, 40, 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, 50, formely 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 salary is US$150,000 which the majority of the compensation is
paid in common stocks.

Steven KO compensation is 24,000 shares of common stock for his services

Part II  Other Information

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

The following exhibits are included herein:

(27)     Exhibit 27
(a)      The Company did not file any reports on Form 8-k during the quarter.


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: May 22, 2002                      By:   /s/  Joseph Cala
                                            -----------------
                                              Joseph Cala, Chairman and CEO