CLX Medical, Inc (fka CLXM)

[EarnestDD]

the 80% discount to market price was in the company's 8K filed in March 2010.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7207495

On or around March 5, 2010, the Company entered into a Convertible Promissory Note with Michael Chavez, the son of Jose Chavez, in the amount of $190,000, which replaced and superseded a previous promissory note dated December 19, 2005 (the “ Note ”). The Note is payable on December 31, 2010, bears interest at the rate of 8% per annum, and is convertible at the option of the holder at a conversion price equal to 20% of the average closing price of the Company’s common stock on the Pinksheets.com for the five trading days prior to any notice to convert such Note, ...

jmo