At the time the $400,000 promotion for Greenway Design Group, Inc. (PINK:GDGI) started, the share price of the stock was shot up to $0.90. GDGI has now again more than doubled in value over the last two trading sessions and this time there are only two new promotional e-mails but no news behind that new jump. 
GDGI closed the last trading session almost 22% higher at $0.25 for a share on high trading activity of 326,760 traded shares. Most of the increase in the share price and the volume was gained shortly before the market closed yesterday, and also at that time the last two promotions for GDGI came into our database. The disclaimers show they are from the promoters that led the $400,000 campaign in the middle of September, and according to our database the compensation now is $60,000.
If at the beginning of the previous campaign GDGI had issued promising news, this time no press release has occurred yet. However, the company published its quarter report for the three and nine months ended September 30, 2011 on Friday last week. The balance sheet shows barely any change in the financial condition for the first nine months of the year and GDGI still has a huge working capital deficit, while the debts have increased to nearly $3 million.
Sales and net loss have also increased, and just in the three months ended September 2011 certain convertible notes were converted into 20 million new shares of GDGI common stock. Such information explains the downtrend of the stock price and suggests that GDGI could fall even further down than it did after the September promotion.
