Independent Film Development Corp. (IFLM)

[Doe 3]

Correct me if I'm wrong, but didn't he also participate on this board a few years ago?

The lawsuit joins as a party plaintiff, Imperia Entertainment, Inc., (Pink Sheets:IMPN) who also employed Ivakhnik as its Vice President. Imperia Entertainment alleges that Ivakhnik ran up over $60,000 in leased equipment bills and then attempted to convert the equipment to his own use, and solicited company shareholders while still the Vice President of Imperia and after, to divest their interests in Imperia and invest in Hollywood Intermediate, both personally and by advertising his personal telephone number on an investor bulletin board.