Independent Film Development Corp. (IFLM)

[Advocate]

They were most likely advised to file in order to avoid suspension, which they were most likely notified was looming as they have been delinquent for coming close to the threshold that the SEC uses to pull the plug. The issue here that no one is noticing is this. If someone was to want to breath life into this corpse they would have to come ready to invest in something like 2Ks, and multiple Qs, a lot of time and money. Then this would be buyer would have to look forward to the convertible debt and various notes Jeff racked up. Or they could simply buy a fully reporting entity and get going. Those are the options.