I decided to try this process out of curiosity and i sent one exor to the elix address, when i checked my account i got one elix, is that how it is should be; have i missed something or i have messed things up ?
Whats you address? I'll send you 1 EXOR. To create batches of EXOR, you can send any amount from one address to another. I suggest sending 0.001 EXOR to your parent address.
Also, take into account that you will loose 1 of the 10 chances to generate/mine EXOR when you transfer from child to parent. Based on time the amount you receive with this process differ; the more you wait, the more you get.