1. Place Pepsi and butter in tall sided sauce pot. Bring to a boil. 2. Add the salt and the flour all at once time, beating together over medium heat until the mixture pulls away from the sides of the pot smoothly 3. Transfer to an electric mixer with the paddle attachment, beating in the eggs added one at a time, adding each one only after the last has been incorporated. Batter should be stiff enough to hold stiff peaks. 4. Place the batter into a piping bag or small bowl. 5. Heat 4" oil for frying (peanut oil works the best, but Canola is also satisfactory), in a high sided pot or deep fryer to 360F. 6. CAREFULLY drop ½"x 2" lengths or small quenelles (oblong balls) into the hot oil. Fry until a deep gold brown. Generally, the dough will be fully cooked 3-4 minutes after having risen to the surface of the oil. 7. Scoop out the cooked Pepsi, draining excess oil, dust liberally with powdered sugar and deep fried pepsi is ready to be served.