Replies to post #23 on EREX-"The Dragonfly" (fka EREX)

[futrcash]

Nitetrade:
Good report.Do you have any idea if this proposed,and I might add needed financing,is to be in exchange for stock?And if so under what terms?It would seem to me that 15 million dollars at today's market prices would create a huge dilution,like more than doubling the amount of outstanding shares.
Obviously EREX can't go on without these funds,and I could use some information as to how they intend to do it.
Thanks for shedding some light on this subject.

futrcash