Independent Film Development Corp. (IFLM)

[Doe 3]

BUYER BEWARE MASSIVE DILUTION IN PROGRESS!


On March 2, 2015, the Company agreed to convert a certain outstanding debt of the Company in the amount of $15,000 into 1,500,000,000 shares of common stock of the Company. No solicitation was made and no underwriting discounts were given or paid in connection with this transaction. The Company believes that the issuance of shares pursuant to the Agreement was exempt from registration with the Securities and Exchange Commission pursuant to Section 4(2) of the Securities Act of 1933.