Yesterday, shares of GreenGold Ray Energies, Inc. (PINK:GRYE) were heavily traded and in the mean time the stock price dropped to $0.033 scoring a decline of of 5.71%. Nearly 30% of the 7 million traded shares was short volume.
The same day, the company management announced that it plans to take advantage of the European Union rules which define that 10% of the fuel sold must be bio-diesel by 2020. In this respect, the company has decided to expedite its land acquisition. Investors were hardly moved…