NOTE PAYABLE	3 Months Ended
Mar. 31, 2013
Notes to Financial Statements
NOTE 4 - NOTE PAYABLE	In January 2007, the Company issued a note for $60,000 bearing interest at 10% on the principal and accrued interest compounding monthly. As of March 31, 2013 and December 31, 2012, the outstanding principal balance of the note was $60,000 and $60,000 and had accrued interest of $57,726 and $54,590, respectively. The note, including principal and interest, is in default and still outstanding. Additionally, in June 2009, the Company received $2,000 in other advances to meet the day to day expenses of the Company. Such advances are non-interest bearing and due on demand. As of March 31, 2013 and December 31, 2012, the outstanding balance in advances was $2,000 and $2,000, respectively.

NOTE PAYABLE

3 Months Ended

Mar. 31, 2013

In January 2007, the Company issued a note for $60,000 bearing interest at 10% on the principal and accrued interest compounding monthly. As of March 31, 2013 and December 31, 2012, the outstanding principal balance of the note was $60,000 and $60,000 and had accrued interest of $57,726 and $54,590, respectively. The note, including principal and interest, is in default and still outstanding.

Additionally, in June 2009, the Company received $2,000 in other advances to meet the day to day expenses of the Company. Such advances are non-interest bearing and due on demand. As of March 31, 2013 and December 31, 2012, the outstanding balance in advances was $2,000 and $2,000, respectively.

CALA CORP 10-Q