SOURCE: Kali, Inc.

August 04, 2016 16:00 ET

Kali, Inc.'s Subsidiary, Wave Marine & Yacht Services, Appoints JR Bott as President and CEO

SARASOTA, FL--(Marketwired - Aug 4, 2016) - Kali, Inc. (OTC PINK: KALY) is pleased to announce that JR Bott has been appointed President and CEO of its subsidiary, Wave Marine & Yacht Services. 

Bott joins Wave Marine with over 40 years of boating expertise and a strong depth of sales, business development and marketing experience. He is the owner operator of a 100' mega yacht and held a Master 200 ton Captain's license. He is also a certified boat broker in the state of Florida. Prior to joining Wave, Bott owned and operated a precious metals business where he drove the company's annual gross revenue to $20mm. He served over 15 years in management with various public utility companies where he held AVP and GM titles. 

"I am pleased to assume the helm at such an exciting time for Wave Marine. Boating is my passion and I am committed to the exponential growth of this business," stated Bott.

"We are excited to have experienced leaders on board. JR Bott brings with him a wealth of knowledge and a strong network in the marine industry across multi markets. We are projecting $500,000 in Wave Marine revenue for this year and believe that JR is the right leader to achieve our goal. Our newest acquisition, Florida Marine Power, had over $400,000 in sales last year and we believe that with strong leaders these companies have the ability to cross market to drive accelerated sales. We welcome JR and look forward to a dynamic year," 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.

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