SGD Holdings Ltd (SGDH)

[IBN4Profits]

could you please explain what has been delayed?

Huerfano County decided to start allowing extraction facilities to come into the county. When they did they spoke before they finished the regulations that would govern the facilities (did the same thing to grow facilities and had to change the regs 3 times). Once they announced they were going to accept applications for extraction they then realized there was more to it than just an announcement.

They then placed a moratorium on the issuance of licenses until they could finish the regulations. At the same time the County Planner and the County Building Inspector (the two people who would write the regs) moved on to other places and Huerfano County no longer had anyone to write the new regulations that would be the guidelines for how the facilities would have to operate.

Since they had no one to complete the new regs they place a moratorium on the applications. There is now a new County Planner and a new County Building Inspector and according to today's press Janovec has been in conversations with them and they have assured him that it will get done

hope this helps