Replies to post #4875 on CLX Medical, Inc (fka CLXM)

[teddyone]

Here is some earlier news I found think the possibility for an upswing is still there, I will tell more after you tell what you think,
By Ekaterina Zelenkova
May 11, 2011 Promotional Truck Tugs CLX Medical, Inc. (PINK:CLXM) Stock Again Like in a good old times, CLX Medical, Inc. (PINK:CLXM) stock built value and provided return for its shareholders again.

Yesterday, though the Doji of investor uncertainty was formed on the price chart of CLXM, investor finally had the chance to bank gains. Company's shares surged 20% between trading sessions to close at $0.0012.

This was also the opening price of CLXM, “delivered” during the first day of the stock promotion this Monday. The same day, two stock promoters were involved to attract investors' attention.

According disclosures with details about the stock promotional campaign, an unknown third party will cover a promotional budget of not less than $40K. As disclosed, the great opportunity for some investor to join the CLXM rally will be opened up to the end of the next week.

Even today, a huge promotional truck still carries “hazardous materials”, made by one more stock promoter. Looks, two boosters from previous days were not enough. The shipments as expected are stock alerts, presenting CLXM which “made a current business acquisition that will generate $3 to $3.5 million in additional revenue annually.”

Unfortunately, as of today in company's SEC files there is no any factual information, which may confirm the deal. The last SEC filing done by CLX Medical, Inc. is from this February and it refers only to the appointment of Daniel Honig as a Director and as a Vice President of Operations of the company.

The last official, not just released information about CLXM's plans for acquisitions is from April, not the past month, but since April last year.

Than CLX Medical, Inc.

signed a letter of intent with Stealth Trucking, Inc. (Stealth). According it, Stealth's CEO and 25% owner- Jose Chavez, became the company’s sole officer, director and majority shareholder.

It is truth, that Stealth and CLXM agreed to pursue a merger or similar transaction, but the only thing which was done in those days was the change in control in CLXM. Than, Mr. Jose Chavez, not his son Michael Chavez, obtained voting control of 51% of the company’s voting securities and a voting control over the company.

As a result of the agreement, Mr. Chavez, the son, became the largest creditor of CLXM, holding a convertible Promissory Note in the company.

Oppose to the statement of CLX Medical last year, that “The Company has not finalized the terms of and/or affected the Merger to date.” and “The Company plans to file a Form 8-K describing the terms and conditions of the final Merger transaction, if and/or when affected.” there is no such a filing as of yesterday.

At the same time, the promotional truck tugs CLX Medical, Inc. stock again. Although the ongoing stock promotional campaign does not look as strong as it was in March, wile some investor are waiting the news on the pending merger, the others will just get the opportunity to bank short term gains.