SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 14C INFORMATION

Information Statement Pursuant to Section 14(c) of the
Securities Exchange Act of 1934


Check the appropriate box:

[X]	Preliminary Information Statement
[  ]	Confidential, for Use of the Commission Only (as permitted
by Rule 14c-5(d)(2))
[  ]	Definitive Information Statement


ACOLA CORP.
- -------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)


Payment of Filing Fee (Check the appropriate box)

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[   ]	Fee computed on table below per Exchange Act Rules 14c-5(g)
and 0-11.

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applies:
2)     Aggregate number of securities to which transaction applies:
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computed pursuant to Exchange Act
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calculated and state how it was determined):
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[   ]	Fee paid previously with preliminary materials.

[   ]	Check box if any part of the fee is offset as provided
by Exchange Act Rule 0-11(a)(2) and identify the filing for which
the offsetting fee was paid previously.  Identify the previous
filing by registration statement number, or the Form or Schedule and
the date of its filing.

1)     Amount Previously Paid:
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4)	 Date Filed:




















                    INFORMATION STATEMENT
                              OF
                          ACOLA CORP.
                    5503 BLOSSOM STREET
                    HOUSTON, TEXAS 77007



We Are Not Asking You For A Proxy And You Are Requested Not To Send Us
A Proxy.

This Information Statement is first being furnished on or about February 11,
2004 to the holders of record as of the close of business on February 1, 2004
of the common stock of Acola, Corp. ("Acola").

Acola's Board of Directors has approved, and three stockholders owning
1,940,000 shares and 31,514,198 shares respectively of the 2,000,000 shares
of Acola's Class B common stock and the 39,855,050 shares of Acola's
Class A common stock (sometimes referred to as the "Common Stock")
outstanding as of January 30, 2004, have consented in writing to the action
described below.  Such approval and consent constitute the approval and
consent of a majority of the total number of outstanding shares of each
Class of Common Stock and of the Common Stock as a whole and are sufficient
under the Delaware General Corporation Law and Acola's By-Laws to approve
the action.  Accordingly, the action will not be submitted to the other
stockholders of Acola for a vote, and this Information Statement is being
furnished to stockholders to provide them with certain information
concerning the action in accordance with the requirements of the Securities
Exchange Act of 1934 and the regulations promulgated thereunder, including
Regulation 14C, and Section 228(e) of the Delaware General Corporation Law.



                              ACTION BY BOARD OF DIRECTORS
                                          AND
                                 CONSENTING STOCKHOLDERS


GENERAL

Acola will pay all costs associated with the distribution of this
Information Statement, including the costs of printing and mailing.
Acola will reimburse brokerage firms and other custodians, nominees and
fiduciaries for reasonable expenses incurred by them in sending this
Information Statement to the beneficial owners of Acola's common stock.

Acola will only deliver one Information Statement to multiple security
holders sharing an address unless Acola has received contrary instructions
from one or more of the security holders.  Upon written or oral request,
Acola will promptly deliver a separate copy of this Information Statement
and any future annual reports and information statements to any security
holder at a shared address to which a single copy of this Information
Statement was delivered, or deliver a single copy of this Information
Statement and any future annual reports and information statements to
any security holder or holders sharing an address to which multiple
copies are now delivered.

You should direct any such requests to the following address:

                                   Acola Corp.
                                   ATT.: James N. Baxter
                                   5503 Blossom Street
                                   Houston, Texas 77007
                                   (281) 802-7659



                       INFORMATION ON CONSENTING STOCKHOLDERS

Pursuant to Acola's Bylaws and the Delaware General Corporation Act, a
vote by the holders of at least a majority of each class of Acola's
outstanding capital stock is required to effect the action described herein.
Acola's Certificate of Incorporation does not authorize cumulative voting.
As of the record date, Acola had 39,855,050 voting shares of Class A Common
Stock issued and outstanding of which 19,927,526 shares are required to
pass any stockholder resolutions; and as of the record date, Acola had
2,000,000 voting shares of Class B Common Stock issued and outstanding of
which 1,000,001 shares are required to pass any stockholder resolutions.
The consenting stockholders, who consist of three current stockholders of
Acola, are collectively the record and beneficial owners of 1,940,000
shares and 31,514,198 shares respectively of the 2,000,000 shares of
Acola's Class B Common stock and 39,855,050 shares of Acola's Class A
Common Stock outstanding as of January 30, 2004, which represents 97%
of the Class B Common Stock, 79.1% of the Class A Common Stock and 79.9%
of the issued and outstanding shares of Acola's aggregate Common Stock
of both Classes.  Pursuant to Section 228(a) of the Delaware General
Corporation Act, the consenting stockholders voted in favor of the
actions described herein in a joint written consent, dated February 2,
2004, attached hereto as Exhibit A.  No consideration was paid for
the consent.  The consenting stockholders' names, affiliations with
Acola, and their beneficial holdings are as follows:

Name              Affiliation         Shares Beneficially Held   Percentage
Donald E. Baxter     Director
                 Majority Shareholder    22,712,880 Class  A 	   57.0%
                                               Common
                                          1,400,000 Class B        70.0%
                                               Common


James N. Baxter   President, CEO          8,801,318 Class A        24.1%
                    & Director                  Common
                                           540,000 Class B         27.0%
                                                Common

Global Investment Record stockholder	28,523,400 [record only]   71.6%
Alliance Inc.     controlled by Donald       Class A Common
                    and James Baxter
                                         2,000,000 [record only]    100%
                                               Class B Common

Total Beneficially                       31,514,198 Class A        79.1%
      Owned                               1,940,000 Class B        97.0%


INTEREST OF CERTAIN PERSONS IN OR OPPOSITION TO MATTERS TO BE ACTED UPON

None


PROPOSALS BY SECURITY HOLDERS

None


DISSENTERS' RIGHT OF APPRAISAL

None

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth, as of January 30, 2004, certain information
regarding the ownership of Acola's capital stock by each director and
executive officer of Acola, each person who is known to Acola to be a
beneficial owner of more than 5% of any class of Acola's voting stock,
and by all officers and directors of Acola as a group.  Unless otherwise
indicated below, to Acola's knowledge, all persons listed below have sole
voting and investing power with respect to their shares of capital stock,
except to the extent authority is shared by spouses under applicable
community property laws. Beneficial ownership is determined in accordance
with the rules of the Securities and Exchange Commission and generally
includes voting or investment power with respect to securities.  Shares
of all classes of Acola common stock subject to options, warrants or
convertible securities exercisable or convertible within 60 days of
January 30, 2004 are deemed outstanding for computing the percentage of
the person or entity holding such options, warrants or convertible
securities but are not deemed outstanding for computing the percentage
of any other person, and is based on 2,000,000 and 39,855,050 shares
respectively of Class B Common Stock and the Common Stock issued and
outstanding on a fully diluted basis, as of January 30, 2004.


                   Name and Address           Amount and Nature     Percent
Title of                Of                     Of Beneficial          Of
Class            Beneficial Owners (1)         Ownership (3)       Class (2)

Class A Common    Donald E. Baxter              22,712,880            57.0%
Stock

Class A Common    James N. Baxter                9,657,020            24.2%
Stock

Class A Common   Hon. Jerry W. Baxter            1,500,000             3.8%
Stock


Class A Common   Richard A. Evans, MD              770,000             1.9%
Stock

Class A Common  All officers and directors as    34,639,900           86.9%
Stock            as a group (four (4)persons      Class A

Class B Common     Donald E. Baxter               1,400,000           70.0%
Stock

Class B Common     James N. Baxter		   600,000            30.0%
Stock

Class B Common    All officers and directors as   2,000,000 Class B   100%
Stock             a group (four (4) persons)


- ----------------
(1) Unless otherwise noted, the address for each of the named beneficial
owners is 5503 Blossom Street, Houston, Texas 77007.
(2) The number of outstanding shares of Class B Common Stock and the
Common Stock of Acola is based upon 2,000,000 and 39,855,050 shares
respectively.
(3) James N. Baxter's shares Include 855,702 shares of Class A and
60,000 shares of Class B Common Stock owned by his wife, Barbara
Brooks-Baxter, as to which he disclaims beneficial ownership.
Included in this table are 28,523,400 shares of Class A Common Stock
and 2,000,000 shares of Class B Common Stock  held of record by Global
Investment Alliance Inc., which is beneficially owned 70% by Donald E.
Baxter, MD, 27% by James N. Baxter and 3% by  Barbara Brooks-Baxter.

CHANGE IN CONTROL

	Acola has entered into a letter of intent pursuant to which it
will issue to Teda Travel, Inc., a Florida corporation ("Teda"), an amount
of common stock equal to approximately 95.5% of the issued and outstanding
Acola common stock (the "Reverse Merger") after the actions to be taken
described in this Information Statement.  It is contemplated that Teda
will take over control of Acola upon consummation of the Reverse Merger.

NOTICE TO STOCKHOLDERS OF ACTION APPROVED BY CONSENTING
STOCKHOLDERS

The following action was taken based upon the unanimous recommendation of
Acola's Board of Directors (the "Board") and the written consent of the
consenting stockholders:

ACTION 1
REVERSE STOCK SPLIT

MATERIAL TERMS OF THE REVERSE SPLIT

The Board has unanimously adopted and the consenting stockholders have
approved a resolution, attached as Exhibit A hereto, to effect a
one-for-forty (1:40) reverse stock split of both the Class B Common Stock
and the Class A Common Stock of Acola (the  "Reverse Split").  The Board
and the consenting stockholders believe that the Reverse Split is in
Acola's best interests, principally because it will prepare Acola for the
Reverse Merger.  The resulting reduction in the number of issued and
outstanding shares of Acola common stock will provide it with the
necessary authorized but unissued shares to consummate the Reverse Merger.

The immediate effect of the Reverse Split will be to reduce the total
number of shares of Acola common stock from approximately 41,855,050
to approximately 1,046,376 presently issued and outstanding.  While the
Reverse Split is consummated principally in anticipation of the Reverse
Merger, there is no guarantee that the parties to the Reverse Merger
will actually consummate the Reverse Merger since the definitive
agreements have not been executed.

However, the Reverse Split will affect all of the holders of all classes
of Acola's common stock uniformly and will not affect any stockholder's
percentage ownership interest in Acola or proportionate voting power,
except for insignificant changes that will result from the exchange
of fractional shares for cash.

The Reverse Split is expected to become effective on or about March 1,
2004 (the  "Effective  Date").  The Reverse Split will take place on the
Effective Date without any action on the part of the holders of all classes
of Acola's common stock and without regard to current certificates
representing shares of all classes of Acola common stock being physically
surrendered for certificates representing the number of shares of all
classes of Acola common stock each stockholder is entitled to receive as a
result of the Reverse Split.  New certificates of Acola common stock will
not be issued.

No fractional shares will be issued in connection with the Reverse Split.
Stockholders who would otherwise be entitled to receive fractional shares
because they hold a number of shares of any class of Acola common stock that
is not evenly divisible by 40 will receive cash in lieu of any fractional
shares.

CERTAIN FEDERAL INCOME TAX CONSEQUENCES

The following summary of certain material federal income tax consequences
of the Reverse Split does not purport to be a complete discussion of all of
the possible federal income tax consequences and is included for general
information only.  Further, it does not address any state, local, foreign
or other income tax consequences, nor does it address the tax consequences
to stockholders that are subject to special tax rules, such as banks,
insurance companies, regulated investment companies, personal holding
companies, foreign entities, nonresident alien individuals, broker-dealers
and tax-exempt entities.  The discussion is based on the United States
federal income tax laws as of the date of this Information Statement.
Such laws are subject to change retroactively as well as prospectively.
This summary also assumes that the shares of Common Stock are held as
"capital assets," as defined in the Internal Revenue Code of 1986, as
amended.  The tax treatment of a stockholder may vary depending on the
facts and circumstances of such stockholder.

EACH STOCKHOLDER IS URGED TO CONSULT WITH SUCH STOCKHOLDER'S
TAX ADVISOR WITH RESPECT TO THE PARTICULAR TAX CONSEQUENCES OF THE
REVERSE SPLIT.

No gain or loss should be recognized by a stockholder as a result of the
Reverse Split; provided however, any amounts received in lieu of fractional
shares may result in a taxable gain or loss.  The aggregate tax basis of
the shares received in the Reverse Split will be the same as the
stockholder's aggregate tax basis in the shares exchanged.  The
stockholder's holding period for the shares received in the
Reverse Split will include the period during which the stockholder held
the shares surrendered as a result of the Reverse  Split.  Acola's views
regarding the tax consequences of the Reverse Split are not
binding upon the Internal Revenue Service or the courts, and there is no a
ssurance that the Internal Revenue Service or the courts would accept the
positions expressed above. The state and local tax consequences of the
Reverse Split may vary significantly as to each stockholder, depending on
the state in which such stockholder resides.


ACTION 2
CONVERSION AND ELIMINATION OF THE
CLASS B COMMON STOCK

The Board has unanimously adopted and the consenting stockholders have
approved a resolution to effect a reclassification of the Class B Common
Stock into the Common Stock (the "Reclassification").  The effect of this
reclassification is to eliminate the special rights provided to holders of
the Class B Common Stock and to have just one class of common stock.  The
Class B Common Stock is currently entitled to 100 votes per share on all
matters to be voted on by Acola stockholders.  The 2,000,000 shares
of Class B Common Stock currently issued and outstanding, upon the
Effective Date, will be reclassified to 2,000,000 shares of Common Stock,
which will be entitled to only one vote per share and  which will also
be subject to the Reverse Split.  Thus, the 2,000,000 shares of Class B
Common Stock currently issued and outstanding will ultimately become
50,000 shares of Acola Common Stock.

Before this action the authorized capital stock of Acola consisted of
100,000,000 shares of Common Stock, 5,000,000 shares of which were
classified as Class B Common Stock, and 5,000,000 shares of Preferred
Stock, par value $.001 per share.  As a result of this action, as of the
Effective Date, the total number of shares which the Corporation shall
have authority to issue will be 105,000,000
shares of
capital stock, which shall be divided into 100,000,000 shares of Common
Stock, par value $.001 per share, and 5,000,000 shares of Preferred
Stock, par value $.001 per share.

The Board and the consenting stockholders believe that the Reclassification
is in Acola's best interests, principally because it will prepare Acola for
the Reverse Merger.  While the Reclassification is consummated principally
in anticipation of the Reverse Merger, there is no guarantee that the
parties to the Reverse Merger will actually consummate the Reverse Merger
since the definitive agreements have not been executed.

There are no arrears in dividend or defaults with respect to the Class B
Common Stock.



These two actions are not intended to have any anti-takeover effect and is
not part of any series of anti-takeover measures contained in any debt
instruments or the Certificate of Incorporation or the Bylaws of Acola
in effect on the date of this Information Statement.  However, Acola
stockholders should note that the availability of additional authorized
and unissued shares of common stock could make any attempt to gain
control of Acola or the Board more difficult or time consuming and that
the availability of additional authorized and unissued shares might make
it more difficult to remove management.  Although the Board currently has
no intention of doing so, shares of common stock could be issued by the
Board to dilute the percentage of common stock owned by a significant
stockholder and increase the cost of, or the number of, voting shares
necessary to acquire control of the Board or to meet the voting requirements
imposed by Delaware law with respect to a merger or other business
combination involving Acola.  Acola, however, is anticipating a take over
of Acola pursuant to the Reverse Merger.


                             EXHIBIT A


                        JOINT WRITTEN CONSENT
                             OF THE
                        BOARD OF DIRECTORS
                              AND
                 MAJORITY STOCKHOLDERS
OF
ACOLA CORP.
a Delaware Corporation



The undersigned, being all of the members of the Board of Directors and
the holders of at least a majority of the outstanding capital stock and a
majority of each class of outstanding capital stock of Acola, Corp., a
Delaware corporation (the "Corporation"), acting pursuant to the
authority granted by Sections 228 and 141(f) of the Delaware General
Corporation Law, and the By-Laws of the Corporation, do hereby adopt
the following resolutions by written consent as of February 1, 2004:

       AMENDMENT TO CERTIFICATE OF INCORPORATION
(1 FOR 40 STOCK SPLIT & RECLASSIFICATION OF CLASS B COMMON STOCK)

WHEREAS, it is proposed that the Corporation amend its Certificate of
Incorporation, substantially in the form of Exhibit A attached hereto
(the "Certificate of Amendment") to effect a 1 for 40 stock split and
to reclassify the Class B Common Stock into the Common Stock;

WHEREAS, the Board has approved in advance that this action may be taken
by written consent of the stockholders in lieu of a special meeting of
the stockholders.

NOW, THEREFORE, BE IT RESOLVED, that the Certificate of Incorporation
of the Corporation be amended as set forth in the Certificate of Amendment;

RESOLVED FURTHER, that the Certificate of Amendment be, and hereby is,
approved and adopted in all material respects;

RESOLVED FURTHER, that any officer of the Corporation, acting alone, be
and hereby is authorized, empowered and directed, for and on behalf of
the Corporation, to execute and file with the Securities and Exchange
Commission a Schedule 14C Information Statement (the "Schedule 14C")
informing the stockholders of the Corporation who are not signatory
hereto of the action taken hereby;

RESOLVED FURTHER, that, upon effectiveness of the Schedule 14C, any
officer of the Corporation, acting alone, be and hereby is authorized,
empowered and directed, for
and on behalf of the Corporation, to execute and file with the Secretary
of State of the State of Delaware the Certificate of Amendment, in
accordance with applicable law;

RESOLVED FURTHER, that any officer of the Corporation, acting alone, be
and hereby is authorized, empowered and directed, for and on behalf of
the Corporation, to take such further action and execute and deliver any
additional agreements, instruments, certificates, filings or other
documents and to take any additional steps as any such officer deems
necessary or appropriate to effectuate the purposes of the foregoing
resolutions;

RESOLVED FURTHER, that any action or actions heretofore taken by any
officer of the Corporation for and on behalf of the Corporation in
connection with the foregoing resolutions are hereby ratified and
approved as the actions of the Corporation.



[REMAINDER OF PAGE LEFT BLANK INTENTIONALLY]

This Joint Written Consent shall be added to the corporate records of
this Corporation and made a part thereof, and the resolutions set forth
above shall have the same force and effect as if adopted at a meeting
duly noticed and held by the Board of Directors and the stockholders
of this Corporation.  This Joint Written Consent may be executed in
counterparts and with facsimile signatures with the effect as if all
parties hereto had executed the same document.  All counterparts shall
be construed together and shall constitute a single Joint Written Consent.

					DIRECTORS:


					/s/ Donald E. Baxter, MD
					____________________________________
					Donald E. Baxter, MD


					/s/ James N. Baxter
					____________________________________
					James N. Baxter

                                       /s/ Jerry W. Baxter
					__________________________________
					Jerry W. Baxter

           				 /s/ Richard A. Evans, MD
               			        _______________________
				        Richard A. Evans, MD


	                                  STOCKHOLDERS:

					Global Investment Alliance, Inc.
				        By: /s/ James N. Baxter
					_____________________
					James N. Baxter
                                        President
					[Record holder]:
					Common Shares:	28,523,400
					Class B Shares:	2,000,000

                                        /s/ Donald E. Baxter, MD
					____________________________________
					Donald E. Baxter, MD

					Common Shares: 22,712,880
					Class B Common Shares: 1,400,000


					/s/ James N. Baxter
					____________________________________
					James N. Baxter
					Common Shares: 8,801,318
					Class B Common Shares: 540,000








                                          EXHIBIT A TO THE
                                     JOINT WRITTEN CONSENT OF THE
                                      BOARD OF DIRECTORS AND
                                 MAJORITY STOCKHOLDERS OF ACOLA CORP.

                                    CERTIFICATE OF AMENDMENT

                                         STATE of DELAWARE
                                    CERTIFICATE of AMENDMENT of
                                    CERTIFICATE of INCORPORATION
                                        of ACOLA CORP.


ACOLA CORP. (the "Corporation") a corporation organized and existing under
and by virtue of the Delaware General Corporation Law ("DGCL") does hereby
certify:

FIRST:    That the Board of Directors of the Corporation, by the
unanimous written consent of its members, filed with the minutes of the
Board, adopted a resolution proposing and declaring advisable the
following amendment to the Certificate of Incorporation of the Corporation:

RESOLVED, that, to effectuate the Reverse Stock Split and Reclassification
of Class B Common Stock, Article V of the Certificate of Incorporation, as
amended and in effect on the date hereof (the "Certificate of
Incorporation"), be amended by adding the following paragraphs thereto:

Upon this Certificate of Amendment to the Certificate of Incorporation of
the Corporation becoming effective in accordance with the General
Corporation Law of the State of Delaware (the "Effective Date"), each
forty (40) shares of Common Stock, par value $.001 per share ("Old Common
Stock"), of the Corporation issued and outstanding immediately prior to the
Effective Date shall be, without any action of the holder thereof,
automatically reclassified as and converted into one (1) share
of Common Stock, par value $.001 per share ("New Common Stock"), of the
Corporation. Each share of New Common Stock shall be entitled to one vote.

Upon this Certificate of Amendment to the Certificate of Incorporation of
the Corporation becoming effective in accordance with the General
Corporation Law of the State of Delaware, each forty (40) share of Class B
Common Stock, par value $.001 per share ("Old Class B Common Stock"), of
the Corporation issued and outstanding
immediately prior to the Effective Date shall be, without any action of
the holder thereof, automatically reclassified as and converted into one
(1) share of Common Stock, par value $.001 per share ("New Common Stock"),
of the Corporation. Each share of New Common Stock shall be entitled to one
vote.

Notwithstanding the immediately preceding paragraph, no fractional shares
of New Common Stock shall be issued to the holders of record of Old Common
Stock or Old Class B Common Stock in connection with the foregoing
reclassification of shares of Old Common Stock and Old Class B Common
Stock, and no certificates or scrip representing any such fractional shares
shall be issued. In lieu of such fraction of a share, and upon surrender of
the certificate or certificates representing the Old Common Stock
and Old Class B Common Stock as provided below, any holder of Old Common
Stock and Old Class B Common Stock who would otherwise be entitled to
receive a fraction of a share of New Common Stock, after aggregating all
fractional shares of New Common Stock to which any such holder would
otherwise be entitled, shall be entitled to receive cash in lieu of any
fractional shares.

Each stock certificate that, immediately prior to the Effective Date,
represented shares of Old Common Stock or Old Class B Common Stock shall,
from and after the Effective Date, automatically and without the necessity
of presenting the same for exchange, represent that number of whole shares
of New Common Stock into
which the shares of Old Common Stock or Old Class B Common Stock represented
by such certificate shall have been reclassified. A letter of transmittal
will provide the means by which each holder of record of a certificate
that represented shares of Old Common Stock and Old Class B Common Stock
shall receive, upon surrender of such certificate, a new certificate
representing the number of whole shares of New Common Stock into which
the shares of Old Common Stock or Old Class B Common Stock
represented by such certificate shall have been reclassified. Each
stockholder who owns fewer than 40 shares of record immediately prior
to the Effective Date will not have any rights with respect to the New
Common Stock and will only have the right to receive cash in lieu of the
fractional shares to which the stockholder would otherwise be entitled.

As of the Effective Date, the total number of shares which the Corporation
shall have authority to issue is 105,000,000 shares of Capital Stock,
which shall be divided into 100,000,000 shares of Common Stock, par
value $.001 per share, and 5,000,000 shares of Preferred Stock, par value
$.001 per share.

SECOND:    That in lieu of a meeting and vote of the stockholders of the
Corporation, a majority of the holders of the Corporation's Common Stock,
voting as a class, and a majority of the holders of the Corporation's
Class B Common Stock, voting as a class, have given their written
consent to said amendment in accordance with the provisions of Section 228
of the DGCL, and written notice of the adoption of the amendment has been
given as provided in Section 228 of the DGCL to every stockholder entitled
to such notice.

THIRD:    That the foregoing amendment of the Certificate of Incorporation
was duly adopted in accordance with the provisions of Section 242 of the DGCL.




[Remainder of Page Intentionally Left Blank. Signature Page Follows.]




IN WITNESS WHEREOF, the Corporation has caused this Certificate of Amendment to
be executed on this __ day of February, 2004.

      ACOLA, CORP.

By:
       _________________
	James N. Baxter
	President