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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