Mary's Penny Picks

[mick]

i am ah reading mary, interesting re kaly

re;
WHY I BELIEVE KALY IS ABOUT TO MERGE WITH FREEDOM BOAT CLUB, A 30-MILLION DOLLAR PRIVATELY OWNED COMPANY.

I keep thinking about the last PR and this statement:

Golf has ClubCorp, a billion-dollar corporation that probably owns the golf club near you. Camping has REI, a 2 billion corporation where almost every camper is a member. Fitness has Lifetime and 24 Hour and Gold’s

Kaly wants to be associated with the boating industry in the same way the above companies are to Golf, Camping, and Fitness. How can they do this?

Freedom Boat Club is to boating what these companies are to their respective fields. Freedom Boat Club is based in the Sarasota area, but has over 100 locations across the USA.

KALY's dockmaster Darrel Kee shows Freedom Boat Club as his employer on Linked In. The KALY PR about Kee does not mention Freedom Boat Club, but mentions his other past employers.

KALY's Wave Marine Services and Freedom Boat Club share the same address in Sarasota--2 Marina Circle.

KALY just purchased a huge warehouse in Sarasota to house boats. Why would they do this unless they planned to BUY a lot of boats?

The PR'd relationship with SYS is key. They plan on buying/selling boats through them. Why would they do that if they were going to stay a maintenance company? Freedom Boat has strong relationships with boat manufacturers, and probably sells many of the vessels through SYS, another Sarasota company.

And lastly, a call into the company confirmed that KALY does do 'some business' with Freedom Boat. Could be that they simply clean and maintain their fleet. But given the above, I believe we are in for a surprise.

A HUGE reverse merge with Freedom Boat will enable the 30 million dollar company to go public without the expense of an IPO. They can then raise capital and grow their business much more quickly.

KALY IS A STRONG BUY BASED ON THE ABOVE.