Kali Inc Anticipates Puerto Rico Marina Management Project To Triple To $30 Million
February 23 2017 - 8:58AM
InvestorsHub NewsWire
Sarasota, Florida -- February 23, 2017 -- InvestorsHub
NewWire -- 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:
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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