PANAMA CITY BEACH, Fla.,
May 13, 2013 /PRNewswire/
-- Today, Leone Asset Management, subsidiary to Sloud, Inc.,
(Pink Sheets: SLOU) announced corporate expansion and new
initiatives in Sierra Leone.
Company President, Tony Khodadad
stated, "As I watch the news each day, I see global unrest, high
unemployment and relatively no growth or growth prospects in the
developed world. Each day, I become more energized to be
operating in Sierra Leone. We
are working in the trenches in a country that I believe, in the
very near future, will be experiencing near double digit GDP growth
annually and will sustain that rate for the next decade. As a
company, we are currently operating in sectors and are identifying
potential areas of expansion that will help fuel that growth for
the country.
Building the company and shareholder value is my primary focus,
and to do that, I am excited to say we are boldly moving forward as
a government contractor and consultant to assist in the growth and
expansion of several sectors in Sierra
Leone. We have identified several potential areas of
opportunity to improve infrastructure, government sponsored
programs, job creation and overall stability and financial growth
and sustainability.
We are currently offering potential solutions and expansion
tools to the appropriate agencies and are seeking Memorandums of
Understanding and contracts to facilitate projects within sectors
that will greatly improve the quality of life for the people,
dramatically improve revenues to the country and increase our
shareholder value."
About Sloud
Sloud, Inc., is a U.S. corporation with offices in
Panama City Beach, FL., and
San Diego, CA. Sierra Leone subsidiary, Leone Asset
Management operates as a Government contractor as well as owning
and operating a group of diversified subsidiaries that provide
financial advice on individual wealth management, mergers,
acquisitions, restructurings, financing, real estate and
development, and capital raises to a global client base including
individuals, corporations, partnerships, institutions and
governments. For additional information, visit:
www.leoneasset.com.
Forward-Looking Statements Disclosure

This press release may contain "forward-looking statements" within
the meaning of the federal securities laws. In this context,
forward-looking statements may address the Company's expected
future business and financial performance, and often contain words
such as "anticipates," "believes," "estimates," "expects,"
"intends," "plans," "seeks," "will," and other terms with similar
meaning. These forward-looking statements by their nature address
matters that are, to different degrees, uncertain. Although the
Company believes that the assumptions upon which its
forward-looking statements are based are reasonable, it can provide
no assurances that these assumptions will prove to be correct. All
forward-looking statements in this press release are expressly
qualified by such cautionary statements, risks, and uncertainties,
and by reference to the underlying assumptions.
SOURCE Sloud, Inc.