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Re: USMC1950 post# 20385

Monday, 07/02/2007 1:52:17 PM

Monday, July 02, 2007 1:52:17 PM

Post# of 28061
Greetings to all. A few misconceptions need to be cleared up. One, we have what looks like a very good gas field in Mesa with a potential for up to 50 additional wells. Also, remember EDEX has two other prospects west of Mesa with 30,000 acres that have very similar PIP readings to Mesa. EDEX now has a solid double with only one well drilled but has a chance for a bases loaded home run if the additional wells prove out. Yes this is a potential company maker with up to 150 wells on the three leases. EDEX has a 33%W.I. in Mesa but will have more in the Taiban and Ft Sumner leases. EDEX is paid up on the cost over-runs on Mesa. Two, EDEX has a 6% W.I. in the ND well and paid cash for its position. The well could give EDEX a very large cash flow within 90 days. It has the potential to be over $50,000 per month from a $50,000 investment. There are dozens of additional drill sites identified in ND. The reason EDEX is in that well in the first place is that I personally put up 1.1 million shares of my stock for an option for EDEX to participate in this well and others to follow. EDEX may be in for a larger % on future wells. Three, EDEX has sold 3,300,000 shares for an average price of 3.3 cents for our share of Mesa and North Dakota costs. I also exchanged some of my preferred shares for common which I have given some to my wife, sons and brother for estate purposes. That may be where the 10,000,000 share bump in outstanding shares came from. All of my families shares are still in my desk. Four, EDEX does have some very big pockets waiting on results on both the Mesa and ND wells, so you should see we want these wells done as fast as anyone. Five, am I worth a salary of $15,000 a month and stock? I could do all of this by myself without being public and I wouldn't have to listen to Harshwords BS. If I perform and make EDEX a successful company I am worth it. If EDEX fails, so have I and my stock is worth the same as everyone else's----Zero. My hopes for EDEX are a lot bigger than we have been able to show so far, but we are very close to a breakout. We can give out news only when we have real facts, not just our best guess and am trying to be as clear of the Pump and Dump crowd as I can. Last,I have never lied to Harshwords but he has taken phrases out of context and used it for his own interpretation. I can be reached by phone always for questions. Except for Harshwords. Tom Laurance (949) 916-0680

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