Summary of ADINO ENERGY CORP

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ADNY.OB > SEC Filings for ADNY.OB > Form 8-K on 4-Aug-2008

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Form 8-K for ADINO ENERGY CORP

4-Aug-2008

Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement

On July 30, 2008, Adino's wholly owned subsidiary, Intercontinental Fuels LLC ("IFL"), exercised its option to purchase the IFL fuel terminal from 17617 Aldine Westfield LLC. IFL has been leasing the terminal since March 2007. The purchase price for the terminal is $3.55 million.

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