KALY - Kali Inc To Expand Caribbean Operations On Foundation Of First $10 Million Caribbean Marina Project
January 05 2017 - 9:21AM
InvestorsHub NewsWire
Sarasota, Florida – January 5 - InvestorsHub NewsWire - , 2017
Kali, Inc. (KALY) today announced plans for this
January to initiate business development activities direct toward
expanding marina management operations in the Caribbean.
KALY announced last month a $10 million contract
with Harbormaster Development to manage the development of a new
marina slated for a specific property in Puerto Rico.
KALY and Harbormaster management will meet in
Puerto Rico later this month to initiate the development project.
The two Companies plan to visit additional prospective new harbor
sites in the Caribbean in conjunction with Puerto Rico
meetings. The two Companies are actively engaged in
negotiations regarding three additional potential marina
development projects.
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.
SEE KALY’s STRATEGIC OVERVIEW AND MARKET EXPANSION
UPDATES
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
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