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Re: mary777 post# 1694

Tuesday, 10/18/2016 11:17:11 AM

Tuesday, October 18, 2016 11:17:11 AM

Post# of 32923
Reading into this news, a couple of points pop out to me.

First:

Kali, Inc. ( OTC PINK : KALY ) announced today that it has identified two potential acquisition targets to expand its yacht maintenance operations.



Ok, they clearly mention TWO acquisition targets. Given their very honest PR history, I believe there are indeed two acquisitions taking place. We just heard about one:

Due to the increase in business, the Company is looking to purchase a yacht maintenance and repair facility/storage yard to accommodate the needs of its growing client list.



One is a boat repair/storage facility. This is great. Business is so good that they need to expand warehouse space. This is no different that a hard goods company needing more warehouse space for their products because of an increase in business. Assuming the facility is in Sarasota, we can look at up to four potential targets:

https://www.facebook.com/SarasotaBoatStorage

http://www.sarasotaboatstorage.com/

http://boatstorageofsarasota.com/

And a fourth with no website: Central Sarasota Boat Storage

I will continue to research these companies to see if I can find a connection.

I do want to add this nugget from the PR:

The acquisition of a maintenance and repair facility will prime us for increased revenue growth. With the additional services and projects that we will be able to accommodate, we are projecting an increase of revenue of $284,000 per month," stated Charles Yawn, President of Kali, Inc.



Now…there is the possibility of a second acquisition/buyout in the works It is clearly hinted at in the PR. What could it be? Any thoughts? I still like the possibility of a merger with Freedom Boat, given the employee crossover with Darrell Kee.

In the end, this adds to the growth we all know is happening behind the scenes at KALY.