5KBLB_chart.pngKraig Biocraft Laboratories Inc (PINK:KBLB) was featured in a number of newsletters over the weekend. All of them disclosed they had been compensated for promotional services before, but those campaigns have expired and there is no new compensation disclosed.

On Friday, KBLB closed up 0.9% at $0.101. The volume generated, however, was much more impressive and reached 1.26 million shares – two times the average.[BANNER]

This seems to have been one of the focal points of the newsletters – KBLB has been trying to form something of a pattern, and volume generation has been a part of it. If it follows that pattern, the stock could provide an opportunity for profitable day trading.

However, traders should keep in mind KBLB still hasn’t provided the anticipated results from the insertions. Instead, on Oct. 28 the company entered into an agreement with the University of Notre Dame for exclusive and non-exclusive rights to certain spider silk technologies.

4KBLB_logo.gifPursuant to the agreement, KBLB agreed to issue to the university 2.2 million shares of common stock and to pay a 2% royalty of net sales.

The announcement of the results from the two rounds of insertions could have a massive market response, provided the results are satisfactory. For now, pressure to get them out is just building up which, if nothing else, makes KBLB an opportunity for quick small profits for those who know how to play it.