Kali Inc. (KALY)

[dabonenose]

Mebee this is why,,,lol...News Out!

Kali Inc Anticipates Puerto Rico Marina Management Project to Triple to $30 Million

8:51 am ET February 23, 2017 (PR Newswire) Print
Kali, Inc. (USOTC: KALY) released highlights today from the Company's Puerto Rico site visit conducted in conjunction with the recently announced $10 million contract with Harbormaster Development. Management from the two companies met in Puerto Rico to walk the targeted marina site and to prospect additional potential projects. The site visits and local potential partner meetings presented an even more attractive opportunity than originally contemplated. Harbor Master and KALY have begun drawing up plans for two additional locations in Puerto Rico, one of which would include a hotel. The anticipated expansion is preliminarily expected to increase the original contract agreement between Harbormaster and KALY to $30 million. Photos from the visit have been posted to the Company's strategic plan news site and a more detailed trip report is planned for release next week.

KALY's $56 Billion Market Opportunity

Last year, KALY announced its entry into the $5 billion fragmented and underserved marina management market sector with the acquisition of Wave Marine & Yacht Services as the first acquisition in a comprehensive roll-up strategy. Since KALY's initial entry into the marina management sector, the Company has subsequently announced expanding into additional market sectors complimentary to marina management. Between the marina management sector and the complimentary sectors, KALY's total market sector opportunity encompasses over $56 billion.