Friday, July 18, 2008 8:25:18 AM
I apologize for the delay in responding, after routine maintenance, I found your mail "spam-trapped," and have corrected the issue.
Of course, once a decision is made on purchase of the Houston terminal, material information such as that would need to be disseminated publicly - this is the hardest part of my job.
However, As recently as this week, after speaking with management, I remain steadfast that I expect management to do what is says and execute the option to purchase. Although nothing is certain until documents are executed, I can relay that nothing has changed with management's plan to secure the terminal.
I further believe that management will continue to be careful stewards of our equity. My impression of their style is to explore options thoroughly and dig for opportunities that best maintain and grow shareholder value.
Although no one can ever guarantee results, I can guarantee exemplary management - for what that is worth.
I also look forward to discussing earnings for the second quarter between August 15 - 20.
Feel free to contact me as needed as this story continues to unfold.
Regards,
--Steve Haag
investor relations
Adino Energy Corporation
(281) 209-9800 office
(832) 201-9830 fax
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