Current Report Filing (8-k)
June 06 2013 - 9:21AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report (Date of earliest event
reported): June 5, 2013
INDEPENDENT FILM DEVELOPMENT CORPORATION
(Name of small business
issuer specified in its charter)
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Nevada |
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000-53103 |
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56-2676759 |
(State or other jurisdiction |
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(Commission File No.) |
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(I.R.S. Employer |
of incorporation) |
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Identification No.) |
9107 Wilshire Blvd. Suite 450
Beverly Hills, California 90210
(Address
of principal executive offices)
(310) 295-1711
(Registrant’s telephone number)
(Former name or former address, if
changed since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN
OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
Effective June 5, 2013, Jeff Ritchie resigned
as Chief Executive Officer of Independent Film Development Corporation, and was replaced by George Ivakhnik as Interim Chief Executive
Officer. Mr. Ritchie will stay on as Chief Operating Officer and director.
George Ivakhnik has served as the Chief
Executive Operator and Chief Investment Officer of 51/49 Group, Inc., a company which manages a private fund, since its
inception in April 2013. Since 2008, he has served as the Chief Executive Officer of Trust Deed Gallery, a company dealing in
real estate investments, the Chief Investment Officer of ARM Fund, a real estate based fund, the Chief Investment Officer of
Pacific Marilyn Fund, the Chief Executive Officer of and the Chief Executive Officer of LAREIT, a real estate investment
trust, and the Chief Executive Officer of Mobile Star Corp., a publicly held corporation. Mr. Ivakhnik’s experience
includes public and private company capital formation and management. His predominant responsibilities include portfolio
asset management, portfolio allocation, capital formation, limiting risk exposure and maximizing returns for investors.
Mr. Ivakhnik’s background includes service
as a registered representative of national investment banks, including Advanced Equities, where he performed financial services
for top Silicon Valley venture capitalist firms such as New Enterprise Associates, Keliner Perkins Caufield & Nyers, Benchmark
Capital and Sequoia Capital. Mr. Ivakhnik has over 10 years real estate capital markets experience as vice president of PRM Realty
Group, a $3 billion Chicago based exotic value-added real estate developer. Mr. Ivakhnik’s financial duties included launching
a capital markets division for the purpose of executing high-end development opportunities.
While at PRM and continuing thereafter, Mr.
Ivakhnik performed capital formation duties for west coast mortgage-backed pools and private money lenders. After working at Advanced
Equities, Mr. Ivakhnik registered with 1st Bridgehouse Securities, where he executed FDIC, DeNovo Banking IPO strategies.
More recently, he has spearheaded the acquisition and implementation of franchising opportunities of U.S. based socially responsible
companies.
Mr. Ivakhnik previously held a Series 7 and
66 securities license, and attended Metropolitan University of Denver.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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INDEPENDENT FILM DEVELOPMENT CORP.
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Date: June 6, 2013 |
By: /s/ Jeff Ritchie
Jeff Ritchie
Chief Operating Officer |
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