Independent Film Development Corp. (IFLM)

[amadeus]

Item 1.01 Entry into a Material Definitive Agreement

On September 21, 2015, Independent Film Development Corporation, a Nevada corporation (the “Company”) entered into a share purchase agreement (the “SPA”), by and among the Company, C2C Restaurant Group, Inc., a New York corporation (“C2C”), and the shareholders of C2C, pursuant to which the Company purchased all of the outstanding common stock of C2C in exchange for 20,000 shares of our Series F preferred stock, par value $0.0001 per share (the “Series F Preferred Stock”). C2C is a restaurant holding company owned and operated by world renowned chef Edward Gallagher. The first location for C2C’s flagship restaurant, Chef Eddie G's Kitchen, is to be located on Park Avenue in Manhattan and is slated to open on or about 15 October 2015.