PR Newswire
SARASOTA, Florida, February 23, 2017
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.
CONTACT:
Kali, Inc.
941.444.6994
[email protected]
SOURCE Kali Inc.