SARASOTA, FL--(Marketwired - Aug 17, 2016) - Kali, Inc. (OTC PINK: KALY) reported today that it has achieved new business growth through its wholly owned subsidiaries, Wave Marine & Yacht Services and Florida Marine Power.
The Company implemented an aggressive acquisition strategy and successfully closed two key acquisitions over the past two months. The philosophy of both marine services companies acquired has been to drive profitability through customer referrals and grass roots marketing. Wave Marine & Yacht Services has reported quarter over quarter revenue growth, driven solely by repeat customers and referrals. The referrals not only include former customers, but nationally recognized marinas that have acknowledged Wave's value and quality of service.
"Utilizing our existing relationships has helped to quickly fuel our growth. With a strong network that includes contacts within our footprint and a marketing plan directed outside of our current areas of service, we will ensure continued quarter over quarter growth," stated JR Bott, CEO of Wave Marine & Yacht Services, Inc.
"We are currently finalizing our marketing campaigns for both subsidiaries. Our company has achieved growth with virtually no marketing except for word of mouth. This is a testament to our commitment and superior level of service. Once we execute our marketing plan, we believe we will surpass our projections. We are excited by the future and the dynamic opportunities that lie ahead," stated Charles Yawn, CEO of Kali, Inc.
About Kali, Inc.
Kali, Inc. is a marketing and development company focused on small to medium sized market cap companies. Wave Marine & Yacht Services. a wholly subsidiary, of Kali, Inc., is a full-service yacht maintenance company which provides solutions for all aspects of the recreational boating lifestyle.
Forward-Looking Statements - 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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Kali, Inc undertakes no obligation to update such statements.