OTCBB Volume Leaders for Wednesday September 29 Include Wellstar International Inc. (WLSI), Kraig Biocraft Laboratories, Inc. (KBLB), EGPI Firecreek Inc. (EFIR) and Trey Resources, Inc. (TYRIA)
Backed by news that the publication of “Advances of Skin and Wound Care” medical journal has approved the manuscript submitted and will be publishing the results of the Duke Study, Wellstar International, Inc. (OTCBB: WLSI) enjoyed a heavy day of trading on Wednesday with more than 116 million shares moving, surpassing its volume average of just over 71 million shares. The share price settled at 0.0002 for the day, even with its 50-day moving average.
Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB) also experienced a heavy trading day with nearly 52 million shares trading hands, a significant spike from its average volume of 13.9 million. The jump came following Wednesday’s joint press release that announced the research and development effort by the University of Notre Dame, the University of Wyoming, and Kraig Biocraft Laboratories, Inc. has succeeded in producing transgenic silkworms capable of spinning artificial spider silks. Shares closed at 0.1474 on the day, above its 50-day moving average of 0.0508 and 200-day moving average of 0.0217.
Following their announcement that they had completed all final documentation for the acquisition of Terra Telecom, LLC (“Terra”) EGPI Firecreek, Inc. (OTCBB: EFIR) saw their volume move from its average of just over 37.6 million to more than 38 million. Shares closed at 0.0007 on the day, below its 50-day moving average of 0.0019 and its 200-day moving average of 0.0180.
Trey Resources, Inc. (OTCBB: TYRIA) saw volume jump more than seven times its average as more than 28 million shares moved hands. The business consultant, and value-added reseller and developer of financial accounting software recently released their 10-K which revealed a decrease in revenue and gross profit for the quarter compared to the same period last year.
Also seeing heavy volume on the day were Electric Car Company, Inc. (ELCR) with more than 123 million shares trading, Zevotek, Inc. (ZVTK) passing the 120 million mark, Artfest International, Inc. (ARTS) passing the 58 million mark and International Building Technologies Group, Inc. (INBG) trading more than 54 million shares.
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