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Alias Born 02/11/2007

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Friday, 02/16/2007 12:04:58 AM

Friday, February 16, 2007 12:04:58 AM

Post# of 28
convert the debt of $440,000 to 488,889 shares of restricted common stock in today's news

Which is $440,000/488889=$0.90

The stock is traded at 0.68 today

Promotora Valle Hermoso Announces Agreement On Debt for Equity Swap

http://biz.yahoo.com/pz/070215/113816.html

ORLANDO, Fla., Feb. 15, 2007 (PRIME NEWSWIRE) -- Promotora Valle Hermoso (OTC BB:PVLH.OB - News), one of the leading providers of housing solutions in Ecuador, today announced that it will convert the debt of $440,000 (four hundred forty thousand USD) to a related party to 488,889 shares of restricted common stock of Promotora Valle Hermoso.

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