Kalytera Therapeutics Appoints Pini Ben-Elazar to Board of Directors
Press Release | 03/17/2017
VANCOUVER, British Columbia, March 17, 2017 (GLOBE NEWSWIRE) -- Kalytera Therapeutics, Inc. (TSXV:KALY) today announced that Mr. Pini Ben-Elazar has been appointed to Kalytera’s Board of Directors.
In connection with Kalytera’s recent acquisition of Talent Biotechs, Ltd., the selling shareholders of Talent had the right to nominate a person to join Kalytera’s Board of Directors. The selling shareholders nominated Mr. Ben-Elazar.
Mr. Ben-Elazar is the Chief Executive Officer of Mor Research Applications (“Mor”), a wholly-owned subsidiary of Clalit Health Services (“Clalit”), the largest HMO in Israel. Mor serves as the technology transfer arm for all inventions created by Clalit professional staff and provides tools to develop ideas into applicative research. Mor’s commercialization portfolio includes a number of successful startups in the medical, pharmaceutical, and biotechnology fields, and 60+ projects in various stages of development.
https://www.otcmarkets.com/stock/KALY/news/Kalytera-Therapeutics-Appoints-Pini-Ben-Elazar-to-Board-of-Directors?id=153623
Kali Inc. Considers Cannabis Sector Opportunity Separate From Kalytera
SARASOTA, FL / ACCESSWIRE / February 23, 2017 /Kali, Inc. (OTC-PINK:KALY) today issued news to clarify potential confusion in regards to the Kali, Inc. ticker symbol and the Kalytera Therapeutics, Inc. (TSX-V:KALY) ticker symbol. Both companies have the same symbol but on different quotation systems. Kalytera is quoted on the OTC Markets, but not under the symbol "KALY." On the OTC Markets system, Kalytera's symbol is "QUEZF." Kalytera news has been mistakenly indexed under Kali, Inc. by a handful of financial news services. Kali, Inc. management is working to address the mistaken indexing.
"We actually looked at cannabis industry asset acquisition opportunities during our recent site visit to Puerto Rico and the industry is so hot, we can't help but consider a potential cannabis strategy," said Charles Yawn, Kali CEO. "But we are a completely different company from Kalytera, which is in the cannabis sector today as their primary business. Stay tuned to hear more form us at Kali, Inc. in regard to our thoughts on cannabis ventures."
Kali Inc.Anticipates Puerto Rico Marina Management Project to Triple to $30 Million
Earlier today, Kali, Inc. ("KALY") released highlights 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.
Learn more about KALY: wavemarineservices.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward-looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance, and the perceived opportunities in the market. The company's actual performance, results, and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
http://www.nasdaq.com/press-release/kali-inc-considers-cannabis-sector-opportunity-separate-from-kalytera-20170223-01198#ixzz4eVYNXY75
Kali Inc Anticipates Puerto Rico Marina Management Project to Triple to $30 Million
SARASOTA, Florida, February 23, 2017 /PRNewswire/ --
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.
Learn more about KALY: www.wavemarineservices.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
Kali, Inc.'s Subsidiary, Wave Marine & Yacht Services, Appoints Senior Yacht Captain
SARASOTA, FL -- (Marketwired) -- 09/20/16 -- Kali, Inc. (OTC PINK: KALY) is pleased to announce that Darrell Kee has been appointed Senior Yacht Captain of its subsidiary, Wave Marine & Yacht Services.
Kee joins Wave Marine with an extensive background in the marine industry. He started his career in the Navy where he served as a Helicopter rescue swimmer. He has spent over 26 years as a Dockmaster at various establishments including Seafood Shack Marina, Galati Marine and Longboat Key Moorings. He has been a licensed yacht captain for 28 years and holds a 100 ton Master certification. Kee has also served as Captain for a 110' 300 passenger boat for over 5 years and has also utilized his skills as a boat club instructor. He has worked the gulf coast markets.
"We are thrilled to have such an experienced, knowledgeable Captain join our team and lead our yacht delivery department. His background is a tremendous asset for Wave Marine and his work ethic and commitment to safety are in line with our corporate philosophy," stated JR Bott, CEO of Wave Marine & Yacht Services
Kali, Inc. Achieves New Business Growth in 2016
Referrals Drive Revenue Growth
SARASOTA, FL--(Marketwired - Aug 17, 2016) - Kali, Inc. (OTC PINK: KALY) reported today that it has achieved new business growth through its wholly owned subsidiaries, Wave Marine & Yacht Services and Florida Marine Power.
The Company implemented an aggressive acquisition strategy and successfully closed two key acquisitions over the past two months. The philosophy of both marine services companies acquired has been to drive profitability through customer referrals and grass roots marketing. Wave Marine & Yacht Services has reported quarter over quarter revenue growth, driven solely by repeat customers and referrals. The referrals not only include former customers, but nationally recognized marinas that have acknowledged Wave's value and quality of service.
"Utilizing our existing relationships has helped to quickly fuel our growth. With a strong network that includes contacts within our footprint and a marketing plan directed outside of our current areas of service, we will ensure continued quarter over quarter growth," stated JR Bott, CEO of Wave Marine & Yacht Services, Inc.
"We are currently finalizing our marketing campaigns for both subsidiaries. Our company has achieved growth with virtually no marketing except for word of mouth. This is a testament to our commitment and superior level of service. Once we execute our marketing plan, we believe we will surpass our projections. We are excited by the future and the dynamic opportunities that lie ahead," stated Charles Yawn, CEO of Kali, Inc.