SARASOTA, FL / ACCESSWIRE / December 2, 2016 / Kali, Inc. (KALY) (OTC PINK: KALY) today released an update to the Company's online strategic plan originally published on November 16, 2016. At that time, KALY detailed 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. A second Roll-up target, Florida Marine Power Company, was subsequently acquired and more acquisition targets are actively in the works.
The original overview highlighted a second complimentary market sector, yacht sales, that was added through an exclusive contract with SYS International, a yacht brokerage firm, bringing the combined market opportunity from just the $5 billion marine management sector to over $40 billion with adding the $35 billion luxury yacht sales market.
KALY's $56 Billion Market Opportunity
The update today is to reveal three additional sectors that are also complimentary to the marina management sector and combined amount to over $16 billion in additional market opportunity. Between the $5 billion marine management sector, the $35 billion yacht sales sector, and the three sectors added today with an additional $16 billion in value, KALY's total market sector opportunity encompasses over $56 billion.
CapRock Research Initiates Independent Analyst Coverage On Company Roll-Up
Earlier this week, the Company announced engaging CapRock Research to initiate independent analyst coverage with a first research report that is expected to include near and long-term stock price target recommendations anticipated to be published within the next two weeks. Industry analysis indicates that no dominant player currently exists in the marina management market. With no dominant player, KALY management considered engaging analyst coverage as an important step in communicating the value of KALY's efforts within an industry as of yet receiving little attention.
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.