SGD Holdings, Ltd. announced that on October 30, 2017, Harry Johansing stepped down as Chief Executive Officer, Director, and Secretary of the company and current member of the Board of Directors, Delmar Janovec, has been appointed as the new CEO and Secretary. Delmar Janovec will take over the day-to-day activities in Colorado as the company focuses on its entry into the Recreational Marijuana Industry, via the build-out of a Large Capacity Marijuana Extraction/Processing Facility, at the Buffalo Ranch in Huerfano County Colorado.