SARASOTA, Florida, November 17, 2016 /PRNewswire/ --
Kali Inc (KALY) published an online presentation providing a progress report on the Company's ongoing execution of its strategic business plan to carve-out a niche in the High Net Worth Individuals (HNWI) population anticipated by Capgemini to reach a collective wealth of over $100 trillion by 2025. Specifically, KALY is pursuing the HNWI boating hobby and lifestyle niche.
KALY entered the $5 billion fragmented and underserved marina management market sector earlier this year when it acquired Wave Marine & Yacht Services as the first acquisition in a comprehensive roll-up strategy. Industry analysis indicates that no dominant player currently exists in the marina management market. KALY's plan is to build upon the $5 billion marina management market opportunity by adding complimentary business lines that will increase the Company's overall revenue opportunity in addition to building an asset rich balance sheet.
Management plans to update the online strategic progress presentation on a regular basis. Check back frequently for the latest.
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.
SOURCE Kali Inc.