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OTC WIZARDS Best Of The OTC Markets
IFLMIndependent Film Development Corp
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stockseekerok
Wednesday, August 15, 2012 12:02:54 PM
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IFLM
Independent Film Development Corp
IFLM Security Details
Share Structure
Market Value1 $1,273,550 a/o Aug 14, 2012
Shares Outstanding 25,470,991 a/o May 18, 2012
Float Not Available
Authorized Shares 500,000,000 a/o Mar 31, 2010
Website:
http://www.ifilmsinc.com
Independent Film Development Corporation (IFLM) is an all-in-one resource for independent filmmakers. IFLM acquires, develops, produces, sells and distributes independent films and works to create partnerships with major and mini-major film studios as well as cable and broadcast properties worldwide. Independent Film (IFLM) drills down on the three most important factors in the industry 1) financing 2) production services 3) sales and distribution.
? IFLM helps producers finance development costs through IndieBackers.com, a donation-based crowdfunding platform for independent film producers. This helps the producer by providing much needed development money.
? IFLM works to aid producers in film development. We work with filmmakers at every stage of the development process:
o The beginning stages ? the genesis of the concept of script or adaption of a book etc.;
o The intermediate level ? attaching key personnel such as the director and lead actors;
o The production phase ? IFLM can actually produce the film itself on a production for hire basis, with little to no financial risk.
? Lastly, our sales division actually sells and distributes the final product through the multiple distribution points both domestically and internationally. Foreign sales account for at least 50% of all income for U.S. made films.
? IFLM also operates HollywoodIndy.com, a social networking and production resources portal for like-minded professionals, where they can collaborate and source all aspects of independent film production and distribution.
The Problem and Solution:
The vast majority of the world?s 185,000 independent filmmakers is that they simply don?t have necessary expertise in all three areas of independent filmmaking ? finance, production, and sales - to succeed. Most filmmakers are only good at one of the three, typically production. IFLM provides a service offering help to these producers to fulfill the increasing worldwide demand for new and innovative content across all delivery platforms. We leverage these best of breed services, cross-pollinating the entire Indy film ecosystem.
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