Subject: File No. 4-500
From: J. Joseph Cala'
Affiliation: Cala Corporation dba UnderSea Resort

May 2, 2005

Dear Sir/Madam:

We need the rule 3360 to be activate for Pinksheets and OTC as it is in NASDAQ & NYSE. Lets make our securities market fair and balanced on behalf to the shareholders.

Regards, Joseph Cala, CEO
Cala Corporation, Symbol CCAA

Request for rulemaking under the Securities Exchange Act of 1934 to amend Rule 3360 of the Rules of Fair Practice of the National Association of Securities Dealers, Inc., regarding member records of "short" positions and reporting and public dissemination of aggregate positions by security

Submitted by: R. Cromwell Coulson, Pink Sheets LLC

J. Joseph Cala'
Cala Corporation dba UnderSea Resort
1314 Texas Avenue, Suite 410
Houston, Texas 77002
Ph. 713 302 8689
www.UnderSeaResort.com

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