Kali, Inc. (OTC PINK: KALY) is pleased to announce that it has executed a letter of intent to acquire Florida Marine Power Company, a marine mechanical repair, maintenance and engine installation company. http://www.floridamarinepower.com/

Florida Marine Power is a well-known brand in the Florida marine industry and has become one of Sarasota and Manatee County's most recognized yacht service providers. It has a strong customer centric reputation and has built an extensive network of vendors and suppliers with long-standing contracts in place.

Due diligence is in its final stages and the definitive agreement is expected to be finalized in the next 7 days per the terms of the LOI.

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.