ENGLEWOOD, FL--(MARKET WIRE)--Sep 13, 2007 -- SinoFresh HealthCare, Inc. (OTC BB:SFSH.OB - News), a marketer of patented over-the-counter nasal spray that kills bacteria and fungi, today announced it has taken what is anticipated to be the first of several steps intending to restructure and reduce the debt currently on its books. An investment group has purchased 80% of the outstanding senior secured debt of the company, or approximately $666,750, and has converted such debt into shares of SinoFresh common stock at the rate of $0.20 per share.