Kali Inc (OTCMKTS:KALY) shares were up 7.59% on Wednesday as the company continued to carve its place in the boating lifestyle niche.

Small Cap Exclusive Article By Peter James Peters Published November 24, 2016

Republished By Wall Street Corner Report November 25, 2016

Kali Inc (OTCMKTS:KALY) shares were up 7.59% on Wednesday to $0.0390 and flat in after-hours trading. Share prices have been trading in a 52-week range of $0.02 to $0.25. The company has a market cap of $10.81 million at 50.25 million shares outstanding.

Kali Inc is a marketing and development company. Formerly known as VLOV Inc, it  focuses on small to medium size market capitalization companies. It is involved in trading and brokering of heavy fuel oils, occasionally consulting with other companies to determine the methods of removing contaminants from hydrocarbon products that have degenerated due to age or accidents, thereby returning the product to the original use or secondary markets.

The company has also made its investment in the $5 billion fragmented and underserved marina management market when it acquired Wave Marina & Yacht Services. It plans on adding complimentary business lines that will increase its overall revenue opportunity in addition to building an asset rich balance sheet.

Earlier this month, Kali Inc announced the appointment of JR Bott as Chief Operating Officer, who previously joined the company as its CEO and President of operating subsidiary Wave Marina & Yacht Services. Bott has over 40 years of boating expertise and a wealth of experience in sales, business development, and marketing, being a licensed and certified yacht broker in the state of Florida.

JR is an exceptional asset that I expect will contribute substantially to Kali’s ability to accelerate our marina services roll-up strategy,” said Charles Yawn, Kali Inc CEO. “At Wave he has demonstrated an in-depth industry knowledge and obvious overall management experience that can only come through years of senior management experience. Kali is ready from a management perspective to sail forward into a standout, leadership position within the marina management sector.”

A few days later, Kali Inc announced that it is registering for the International Marina & Boat Conference scheduled January 25-27, 2017 in Fort Lauderdale, Florida in order to advance its Marina Management strategic plan. This conference is the leading marina and boatyard conference, geared specifically toward marina and boatyard owners, operators, and managers, as well as dockmasters, harbormasters, boat builders and repairers, and industry consultants.

Kali Inc also published an online presentation providing a progress report on its ongoing execution of its strategic business plan to carve-out a niche in the High Net Worth Individuals (HNWI) population which is projected to reach a collective wealth of $100 trillion by 2025. According to the company’s industry analysis, there is no other firm that is tapping this market that is about to boom.

The potential to build upon where KALY has started is limited only by your imagination.  KALY’s balance sheet could also grow rapidly on the asset side with the future inclusion of owning marina real-estate.  The ancillary marina services from restaurants and cafes to concierge services of all sorts has the potential to outpace the core marina services revenue,” the presentation noted.

Among its updates is its exclusive agreement with SYS International to provide yacht brokerage services, thereby getting a stake in the secondary yacht market as well. The company has previously acquired Florida Marine Power Company, which is a boat service firm, as part of its roll-up targets.

DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.


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Original Article Republished By Wall Street Corner Report

Wall Street Corner Report
 
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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.
 
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