SAN DIEGO, July 10, 2012 /PRNewswire/ -- Sloud, Inc., (Pink
Sheets: SLOU) announced today that the company has engaged
Silberstein Ungar, PLLC to complete the company's audit. Once
completed, the company will have better access to capital and will
also allow the company to apply to become listed on the more
prominent financial markets such as the OTC BB or Nasdaq. The
company expects the audit to commence in early July and it should
take between 3-6 months to complete.
Tony Khodadad, CEO of Sloud, Inc.
states, "This is an important step for us to take as an
organization as we move forward. Having fully audited
financial statements will give us better access to investment
capital and business opportunities throughout the global
community. As we operate in highly regulated industries, such
as energy, mineral exploration and financial inclusion, organized
financial statements and corporate infrastructure are essential to
our continued expansion and will give perspective investors an
accurate view of our present position as well as our history."
About Sloud, Inc.
Headquartered in San Diego, CA,
Sloud, Inc. is an international holding company that seeks to build
value through the development and support of its subsidiaries and
license agreements with product and service providers that coincide
with their overall business model. Currently, Sloud is
focusing on holdings in the alternative energy, mining, and
financial industries. We currently operate two subsidiaries, Leone
Asset Management and SouthWest Bio Fuels.
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.