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                                                                     Exhibit 2.3


                             PLAN OF REORGANIZATION
                                       OF
                                   ELECKTRYON

         The plan of reorganization of Elecktryon, a Nevada corporation
("Transferor"), relating to the transaction contemplated by the Asset
Acquisition Agreement (the "Agreement") to be entered into, by and between
Electryon and Solo Energy Corporation (the "Acquiror") is as follows:

         1.       Electryon shall enter into the Agreement.

         2.       Electryon shall transfer its properties to Acquiror in
                  accordance with the terms of the Agreement.

         3.       Following the closing under the Agreement (the "Closing"),
                  Transferor shall not engage in business and shall proceed to
                  wind up its affairs as expeditiously as possible.

         4.       No later than five days prior to the first anniversary of the
                  Closing, Transferor shall transfer to one or more trusts that
                  qualify as liquidating trusts under Treasury Regulations
                  section 301.7701-4(d) all of Transferor's remaining assets,
                  including shares of Acquiror and warrants and other rights
                  with respect to shares of Acquiror.



Dated:   April 16, 2001