Independent Film Development Corp. (IFLM)

[Owlwho]

Jeff Ritchie should go PRIVATE and get rid of the lead ball and chain and pursue his dream that way - and answer to no one but himself. He has the connections and the plan and the ability and someone is selling his stock at the bid price in secret in any event. It could be the guy they are involved in the lawsuit with who is selling or it could not be. I'm inclined to believe not.

What's the purpose of being public? Stock can be used to raise capital? (not here), prestige? (not here). The cost and regulation (for good reason) makes it impossible. A $30,000 minimum audit for a company not really doing business, attorney fees. This isn't a sexy a deal to raise folks eye brows.