Eller Industries (dba Qenex) (fka ELRI)

[dl starcity]

I have been hoping ELRI would do something for awhile and now that they have merged with INNX I think it will. I would really like to see more information on what their direction with ELRI will be though.

[wireliner]

here is a good deal for every INNX share you get 7 shares of this but you have to be the holder of the shares closing on the 23rd

[Tammy_Kat]

Nothing new on this subject?

I am very interested in this company. I keep hearing things about it and I'm so nervous to buy shares.

[Ryan Industries]

Anyone following the ELRI/INNX transaction?

Eller Industries, Inc. Announces Infinite Networks Corporation as a New Key Investor
Wednesday July 12, 8:15 am ET


LONGMONT, Colo.--(BUSINESS WIRE)--July 12, 2006--Eller Industries, Inc. (Pink Sheets:ELRI - News) announced today that Infinite Networks Corporation (Pink Sheets:INNX - News) has become a significant shareholder of Eller Industries.
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In an interview with the CEO of Eller Industries, Inc., Mr. Olson, stated, "Eller completed a shareholder vote that approved Infinite Networks Corporation acquiring a significant share of Eller Industries. Infinite is providing additional capitalization that will provide Eller with the ability to complete an industry roll up. Infinite has assembled a group of companies that can provide an array of products and services in the communication industry."

Shareholders of Eller Industries, Inc. as of June 30, 2006 will receive shares of Infinite Networks Corp. Shareholders do not need to do anything, as the transfer agent of Infinite will issue the shares based on the shareholder records of Eller. Shareholders will now have both Eller and Infinite stock. Eller will continue to operate as a separate company and will move forward with its current business and will add the roll up strategy with the companies that Infinite has assembled. Eller will continue to trade under the symbol ELRI.