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One cannot successfully stand in front of an oncoming train and argue with it!
Why? Who is that Huge 0.0004 seller (with 90M shares at the ask)? Why selling so many shares at a single price? Wow, he owns nearly 20% of the Entire OS which is an Huge percentage ownership!
I bet he will dump those shares at 0.0002 as soon as tomorrow since the bid at 0.0003 is too weak --- mere 400K shares!
He might crash the price down to 0.0001 again! But I don't think IFLM will crash to "no bid at all" unless he has much much more shares (not just 90M shares) to sell...
Anyway I don't understand what caused the otcmarkets.com to assign the toxic "Caveat Emptor" label to IFLM? Why the company management did not appeal the decision to remove this very bad label?
Well, the MMs can always buy any stock (including all the "Caveat Emptor" stocks, such as IFLM) they want! For example, when the individual investors could not buy GME in the same time the MMs still could buy GME! It is unfair, but it is true!
Wow, 110M shares ask at 0.0004 today! What happened here? I bet that Huge seller (who asks 95M shares at 0.0004) will soon dump those shares at 0.0002!
So IFLM might crash down to 0.0001 again in the coming days/weeks...
LOL, that is not the reason to keep IFLM stay at such ridiculous low price levels $0.0010 ~ $0.0002 because all its "CE" peers exploded to $5M ~ $50M or even higher market value most recently v.s. this hidden gem only hit ridiculous low $0.58M MV at 52-week-high $0.0010! For example its peer (SNVP) did hit eye-popping high $37.82M MV --- from the Same All-Time-Low 0.000001 to the Record New high $0.025!
To match the Same market value with its peer SNVP (1,512,708,790 shares Huge OS) at $0.025, IFLM will create a New 52-week high $0.0646 which is 215.333 Times of its current ridiculous low price $0.0003!
So IFLM is Much Much Much Much Much Cheaper than SNVP now!
IFLM is CE.
I'm wondering after IFLM had already hit 0.0016 recently (see the second chart below) and 0.0010 most recently (see the first chart below) why someones are still selling Dirt Cheap shares at 0.0004 ~ 0.0003 or even 0.0002 now?
Do those idiot sellers know this hidden gem can Easily And Quickly surge to Multiple Pennies in order to match the Same Market Value with its peers?
Buying its peer MDCE (2.96B shares Huge OS) at today's high 0.0085 = buying IFLM at 0.0431 vs at mere New bottom 0.0002 now!
Buying its peer MNVN (3.5B shares Huge OS) at last-week's high 0.0050 = buying IFLM at 0.0299 vs at mere New bottom 0.0002 now!
So IFLM is Much Much Much Much Much Cheaper than MDCE and MNVN now!
How high this Diamond-In-Rough can go? I bet Multiple Pennies at least based on its peer's market value!
Do you know why IFLM ever crashed to 0.0001 or even 0.000001? Based on 585M shares Tiny OS count how could this hidden gem fall to below 0.0002 before? What happened then?
Note, the recent high was only 0.0016 (i.e. mere $937,387.776 or $0.9M MV) !
Buying its peer (MDCE: 2.96B shares Huge OS) at today's high 0.0079 = buying IFLM at 0.04 based on the Same MV matching!
Here is a old Good News for IFLM! IFLM inks Joint Venture Agreement with Executive Global Tours to develop original content
IRVINE, CA -- Independent Film Development Corp. ("IFLM" -- OTCPink: IFLM), a diversified, publicly-held hospitality and entertainment company, today announced that it has signed a joint venture agreement with the company Executive Global Tours to develop original content based on a travel and culinary theme.
“This is a crucial next step to take the travel/culinary concept to production,” said CEO Jeff Ritchie. “Partnering with Executive Global Tours gives us the ability to finance a show that will take the viewers to exotic destinations all over the world.”
Mr. Ritchie, who worked in the entertainment industry for nearly 20 years before taking the helm as CEO of IFLM is currently working on similar series and concepts for global distribution.
The show will take viewers on a culinary tour of distant lands, exploring the food, markets, vineyards, breweries and distilleries. It will then tie the show together with an interactive cooking lesson in front of a live audience.
About Independent Film Development Corp.:
Based in Irvine, California, Independent Film Development Corporation is developing a multi-pronged approach to hospitality management and original content creation.
For shareholder information, please contact:
C. David Pugh, CCO of IFLM
DaveP@IndyFilmCorp.com
Follow us on Twitter: @IFLMnewsfeed
https://www.otcmarkets.com/filing/html?id=12201027&guid=Mj0nUHNdAfTFLyh
Did anyone here try to contact the company to see what is going on?
IFLM is a perfect Custodianship-Taking-Over target! David Lazar must like it very much!
Independent Film Development Corp
2372 Morse Ave.
Suite 413
Irvine, CA 92614
www.indyfilmcorp.com
(310) 295-1711
Business Description:
The company's plan of operations has slowly shifted, seeking to synergize certain aspects of the new acquired hospitality division C2C Restaurant Group and its flagship location Chef Eddie G's Kitchen in New York City with IFLM's more traditional content creation background. IFLM is actively working to forge synergies into new content centered on food / cooking / culinary history. Additionally, IFLM continues to pursue more traditional content creation in the form of theatrically released feature film projects. IFLM is also seeking to acquire real estate assets, which present value creation potential due to the complexity or illiquidity of their existing ownership and / or capital structure. In such situations, IFLM will seek to actively work through the complexities, gain control of the asset, actively manage, recapitalize and thereby creating value.
https://www.otcmarkets.com/filing/html?id=13476302&guid=Mj0nUHNdAfTFLyh
Item 4.Purpose of Transaction.
The Reporting Person purchased the Shares with a purpose or effect of changing or influencing control of the Issuer. Specifically, the Reporting Person believes the Issuer has been mismanaged by the Issuer's board of directors and management, and also presently lacks a meaningful business plan, all of which disproportionately impairs the interests of the Issuer's common shareholders and unfairly advantages other stakeholders, specially the Issuer's board of directors, management, and preferred shareholders, some of whom have been paid, in the Reporting person's opinion, inflated salaries.
The Reporting Person does not intend to support the Issuer?s current board of directors or management, and intends to engage counsel to protect the Reporting Person?s interests, along with the Reporting Person?s plans to request that other common shareholders participate in changing or influencing positive control of the Issuer.
Depending on overall market conditions, other investment opportunities available to the Reporting Person, and the availability of securities of the Issuer at prices that would make the purchase or sale of such securities desirable, the Reporting Person may seek to (i) increase or decrease his position in the Issuer through, among other things, the purchase or sale of securities of the Issuer on the open market or in private transactions or otherwise on such terms and at such times as the Reporting Person may deem advisable and/or (ii) enter into transactions that increase or hedge the Reporting Person's economic exposure to the Shares without affecting the Reporting Person's beneficial ownership of the Shares and/or (iii) engage in an extraordinary transaction, such as a merger, reorganization or liquidation, involving the Issuer or any its subsidiaries, and/or (iv) reconstitute the Issuer?s present board of directors and officers with such individuals having the necessary market experience to implement and execute a meaningful business plan.
The Reporting Person has no present plan or proposal that would relate to or result in any of the matters set forth in subparagraphs (a)-(j) of Item 4 of Schedule 13D, except as set forth herein or as would occur upon or in connection with completion or, or following, any of the actions discussed herein.
The Reporting Person may take positions regarding or make proposals with respect to, or with respect to potential changes in, the Issuer's operations, management, certificate of incorporation and bylaws, composition of the board of directors, ownership, capital or corporate structure, dividend policy, potential acquisitions or sales, business or assets, strategy and/or plans of the Issuers as a means of enhancing stockholder value.
The Reporting Person may change his intention with respect to any and all matters referred to in Item 4.
The Reporting Person intends to review his investment in the Issuer on an ongoing basis and may from time to time in the future express his view to and/or meet with management the Issuer's board of directors, other stockholders or third parties, including potential acquirers, service providers and financing sources, and/or may formulate plans or proposals regarding the Issuer, its assets or its securities. Such possible plans or proposals may include one or more plans or proposals that relate to or would result in one or more of the changes referred to herein, or any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D.
Wow, he owns over 51% of Entire OS now! So he had already taken over the company legally! I bet he will implement an huge Reverse-Merger deal very soon...
I'll hold all my shares for the coming inevitable Penny Land while adding as many shares as I could at Dirt Cheap price levels 0.0002 ~ 0.0010!
Who is "Noch"? 51% for what? Based on the FIXED Tiny SS alone this hidden gem can Easily And Quickly surge to the Penny Land...
Did you hear anything about possible Custodianship-Taking-Over for IFLM? If that is a on-going deal then we should see Multiple Pennies easily based on its 585,867,360 shares Tiny OS count and its peer's market value at peak!
Why IFLM ever stuck at 0.000001 ~ 0.0001 for nearly one year based on its Small OS count? Will it hit 0.0001 again in the coming days/weeks? It needs strong slapping actions at 0.0004 in order to confirm a New bottom 0.0002!
Buying its peer VGTL at $0.0066 = buying IFLM at $0.0058 which is 19.33 Times of current price $0.0003!
Buying IFLM at $0.0010 = buying its peer MWWC at $0.01474 which is 14.74 Times of current price $0.0010!
So IFLM is Much Much Much Cheaper than VGTL now though it is Much Much Much More Expensive than MWWC currently!
Anyway even IFLM surges to 0.0017 its market value is still less than $1M which is ridiculous low nowadays!
Yes, totally over 100M shares dumped at 0.0002 since IFLM crashed from 0.0010! Why did those Huge Sell-Off at New bottom 0.0002? Why? Will it further declined to previous New bottom 0.0001 again since the bid at 0.0002 is weak?
13.362M-0.0002 x 27.9M-0.0004 now. Huge asking shares at 0.0004 today!
Very soon I may be able to steal 100M shares at 0.0001 before this Diamond-In-Rough surges over most recent high 0.0010!
At the minimal target 0.0017 the market value of IFLM is still less than $1M!
Wow, IFLM only hit joke low 52-week-high 0.0010 back to February with mere 585M shares of the FIXED Small OS! Why it didn't hit the Penny Land based on the market value (MV) of the majority of its 0.0001-Bottom OTC peers or at least hit 0.0058 in order to match the Same MV with its Very-Similar-OS peer (VGTL)?
So buying VGTL at 52-week-high 0.0066 = buying IFLM at 0.0058 which is 29 Times of current ridiculous low price 0.0002!
Buying VGTL at this-week-high 0.0021 = buying IFLM at 0.0019 which is 9.5 Times of current ridiculous low price 0.0002!
Thus IFLM is Much Much Much Cheaper than VGTL now!
Even at 0.0017 the MV of IFLM is still less than $1M which is ridiculous low!
Can I steal previous bottom shares at 0.0001 (back to January from the chart below) very soon before it breaks up current top or ceiling 0.0010?
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