Golden Valley Development, Inc. (PINK:GVDI) started to roll downhill at the end of last week. On Friday, the stock plummeted by 75% and finished at $0.0065 per share. Trading volume jumped to more than 10 million shares, 15% of which were short sales.
Unfortunately, there have been no PR news which can give more details about the decline in the stock price. Recently it turned out that the website of the company, which was indicated by the OTC Markets website, returned an error message saying that…