Kali Inc. Announces Yachting Industry Expert JR Bott as Chief Operating Officer

SARASOTA, FL / ACCESSWIRE / November 18, 2016 / Kali Inc. (OTC PINK: KALY) today announced the appointment of JR Bott as Chief Operating Officer (COO). Mr. Bott joined Kali earlier this year as the CEO and President of Kali’s operating subsidiary, Wave Marina & Yacht Services. Mr. Bott continues in his role as the CEO and President of Wave in addition to assuming the new responsibility of Corporate COO.

JR Bott has over 40 years of boating expertise and a wealth of experience in sales, business development, and marketing. He is also the owner/operator of a 100′ megayacht and held a Master 200-Ton Captain’s License, as well as being a licensed/certified yacht broker in the state of Florida. Prior to joining Wave, Mr. Bott owned and operated a precious metals business where he drove the company’s annual gross revenue to $20M. He has also served over 15 years in management with various public utility companies, holding AVP and GM titles.

“JR is an exceptional asset that I expect will contribute substantially to Kali’s ability to accelerate our marina services roll-up strategy,” said Charles Yawn, Kali CEO. “At Wave he has demonstrated an in-depth industry knowledge and obvious overall management experience that can only come through years of senior management experience. Kali is ready from a management perspective to sail forward into a standout, leadership position within the marina management sector.”

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.

Yesterday, 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.

CLICK
HERE TO SEE THE FULL ONLINE PRESENTATION

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.

CONTACT:

Kali, Inc.

941.444.6994

management@wavemarineservices.com

SOURCE: Kali Inc.

ReleaseID: 449306