Kali Inc. (KALY)

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Kali, Inc. Provides Shareholder Update

Sarasota, Florida, June 28, 2018 (GLOBE NEWSWIRE) -- Kali, Inc. (USOTC: KALY) issued the following shareholder update today from its Chairman and CEO, Charles Yawn:

Dear Shareholders,

I am pleased to share with you today an update on recent corporate developments and our vision for the future of Kali, Inc. First, I wish to take this opportunity to thank all our shareholders for your continued support and commitment. We have been quiet recently as we have been focused on evaluating opportunities to drive growth in our current $5 billion fragmented and underserved marina market sector. Our primary focus is on achieving profitability and driving shareholder value.

We are well-aligned to continue our growth in the marina services industry but as we view the landscape of our existing business line, we believe that we can achieve accelerated revenue growth by expanding our business operations through the numerous growth opportunities available to us. To that end, we have been analyzing further opportunities relating to marine asset acquisitions, marina management, and a spinoff marine canvas division. We are evaluating each possibility for fit and value and look forward to reporting progress as we proceed.

We have recently filed our annual report with the state of Nevada and are working to become compliant with OTC Markets for a current pink sheet listing. We are also working on a new corporate website which we are hoping to publish in the near future.

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
[e-mail]
Source: Kali, Inc.
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