IFLM Shareholder Letter Showcases Move to Theme Resort Properties
September 10 2013 - 10:30AM
Marketwired
Independent Film Development Corporation (OTCQB: IFLM), a
development stage producer and distributor of digital content to
the multibillion dollar Independent Film Industry, is pleased to
announce that it has issued a letter from IFLM interim CEO George
Ivakhnik, to update shareholders on the status of the Company.
Full text of Ivakhnik's letter to our shareholders is available
here:
http://www.indyfilmcorp.com/shareholder_04_sep_2013.html
"This letter gives us the opportunity to highlight IFLM's
movement into the theme park / resort space and to demonstrate how
we believe the past year's hard work and many accomplishments can
transform our corporate goals into long-term growth and shareholder
value," said Ivakhnik.
At its heart, the themed resort tentatively named Hilltop Manor
is a place where guests can experience extraordinary things; things
like ghosts in a European Castle or mysterious creatures moving
beneath a lake's surface. Hilltop Manor guests can experience all
of these exhilarating feelings and more, all in the safety and
security of a modern, 21st Century resort. In short, it is a place
where we collectively celebrate things that go bump in the
night.
Highlights from the Letter The letter
recaps recent advancements made in IFLM's business, including:
- The launch of a real estate development division
- The signing of a memorandum of understanding with an existing
resort to develop a theme park and production studio
- An overview of the park's functional business units and revenue
streams
- An overview of some of the park's restaurants and rides
About the Independent Film Development
Corp.:
Based in Los Angeles, California, Independent Film Development
Corporation has developed a business plan of operations of
developing genre themed studio style resorts, film sales and
distribution, film development, and an Internet social networking
and resourcing website, for independent film and television
development, production, and distribution.
Forward-Looking Statements:
This press release includes forward-looking statements
concerning the future performance of our business, its operations
and its financial performance and condition, and also includes
selected operating results presented without the context of
accompanying financial results. These forward-looking statements
include, among others, statements with respect to our objectives
and strategies to achieve those objectives, as well as statements
with respect to our beliefs, plans, expectations, anticipations,
estimates or intentions. These forward-looking statements are based
on our current expectations. We caution that all forward-looking
information is inherently uncertain and actual results may differ
materially from the assumptions, estimates or expectations
reflected or contained in the forward-looking information, and that
actual future performance will be affected by a number of factors,
including economic conditions, technological change, regulatory
change and competitive factors, many of which are beyond our
control. Therefore, future events and results may vary
significantly from what we currently foresee. We are under no
obligation (and we expressly disclaim any such obligation) to
update or alter the forward-looking statements whether as a result
of new information, future events or otherwise.
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Corporate Contact: C. David Pugh 914.763.3229 Email Contact
Investor Contacts: Benchmark Advisory Partners Timothy Connor (858)
568-7059 Email Contact
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