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Re: MOMO post# 5190

Wednesday, 10/05/2016 9:18:31 AM

Wednesday, October 05, 2016 9:18:31 AM

Post# of 14167
IFLM CEO: "Chef Eddie G's Kitchen Obtains Alcohol Permit"

Wednesday, October 05 2016 9:01 AM, EST

IFLM CEO: "Chef Eddie G's Kitchen Obtains Alcohol Permit"

Baystreet.ca   "Standard Equities Feed"

IRVINE, CA and NEW YORK, NY / ACCESSWIRE / October 5, 2016 / Independent Film Development Corp. ("IFLM" -- OTCPink: IFLM), a diversified, publicly-held hospitality and entertainment company, today announced that Chef Eddie G's Kitchen has received its alcohol permit from the State of New York and is able to sell beer and wine on premises.

"We're thrilled to announce we've got our alcohol permits," said IFLM CEO Jeff Ritchie . "It's a great day for IFLM."

"It's terrific to finally have our beer and wine permits in hand," said Celebrity Chef Eddie Gallagher . "Our guests can now pair their dinner selections with the beer or wine of their choice. I love the sound of corks popping."

"By expanding the menu to include craft beers and fine wines, IFLM believes we can increase revenue at Chef Eddie's flagship location," said CEO Ritchie. "It's all part of our plan to create value for our shareholders."

A New York native, Chef Eddie Gallagher opened his first New York City eatery in East Harlem in December of 2015. Designed to feel a bit like home and a bit industrial, the stainless steel tables and exposed brick meld easily with neighboring East Harlem manufacturing zone. Chef Eddie G's Kitchen is located at 1664 Park Ave , New York, NY 10035. Dinner is served from 4pm- 12am . For reservations please call 646-524-6769.

About Independent Film Development Corp. :

Based in Irvine, California , Independent Film Development Corporation is developing a multi-pronged approach to hospitality management, digital content creation and commercial real estate acquisition. C2C Restaurant Group , the operator of Chef Eddie G's Kitchen , is a wholly owned subsidiary of IFLM.

Safe Harbor Statement

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission . Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For shareholder information, please contact:

C. David Pugh , CCO of IFLM 914-763-3229 DaveP@IndyFilmCorp.com

Follow us on Twitter: @IFLMnewsfeed

SOURCE: Independent Film Development Corp.