On August 17, 2012, Roger Janssen was replaced as president of Royal Quantum Group, Inc. Roger Janssen shall remain as chairman of the board of Directors, treasurer and the secretary of the company. His replacement in the president role was not due to any disagreement with the company, or its officers. On August 17, 2012, Guy Peckham was appointed as a director of the corporation until the next annual general meeting of the shareholders and until his respective successor is elected or until his earlier resignation or removal.

On August 17, 2012, Guy Peckham was appointed as a chief executive officer and president of the corporation to serve until he is replaced or resigns. Mr. Peckham, age 49, has been an entrepreneur and business consultant for the past 20 years. Structuring, developing and financing early stage companies with both private and public equity.

During the past 7 years, Mr. Peckham has been working in China as an independent consultant and executive for boutique venture capital firms. Mr. Peckham was former president and director from December 11, 2006 through April 8, 2010 of Green Energy Renewable Solutions, Inc.