Kali Inc. (KALY)

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.

CONTACT:

Kali, Inc. 941.444.6994 management@wavemarineservices.com

SOURCE: Kali, Inc.

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.

SARASOTA, FL--(Marketwired - Oct 18, 2016) - Kali, Inc. (OTC PINK: KALY) announced today that it has identified two potential acquisition targets to expand its yacht maintenance operations. 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.

JR Bott, the President of Wave Marine & Yacht Services, a subsidiary of Kali Inc., is leading this effort and has visited two facilities that meet the Company's requirements. "Our plan is to become a lifestyle company that offers services and amenities to best serve the boating community. We are growing at an accelerated pace and are thrilled by our expanding client list. We are moving into the due diligence phase with plans of closing on a facility to support our growth within the next sixty days." 

The outlook for the marine market continues to be positive. According to the Marine Fabricator 2016 State of the Industry report, 2016 boat production is expected to grow 8.8 percent compared to 2015. In 2015, the United States continued on the path to sustained economic improvement, realizing a greatly improved job market, increased consumer confidence and consumer spending over two percent. It has been reported that more people in the U.S. are taking to the water with 90 million people participating in recreational boating at least once in 2015. 

"The Boat Dealership and Repair Industry alone has a market size of $20 billion in revenue with no clear dominate players. As disposable income continues to increase, industry revenue is expected to rise. We are working aggressively to position Kali, Inc. as a leading player in this market. 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.