IRVINE, CA and NEW YORK, NY / ACCESSWIRE / December 12, 2016 / Independent Film Development Corp. ("IFLM" - OTC PINK: IFLM), a
diversified, publicly-held hospitality and entertainment company, today announced that Chef Eddie G's Kitchen has generated it
largest month sales to date, exceeding the previous best month.
"This is a great announcement and it shows we are making real progress in our hospitality operation," said IFLM CEO Jeff
Ritchie. "I couldn't be more proud of Chef Eddie and his staff."
"We did almost 900 covers during November," said Celebrity Chef Eddie Gallagher. "Revenue was up more than 37% over October and
more than 50% better than September. What a way to celebrate our first year in business."
"The job done by Chef Eddie and his staff is just exceptional," said CEO Ritchie. "It's all part of our plan to create value for
our shareholders."
A New York native, Chef Eddie Gallagher has opened his first New York City eatery in East Harlem. 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.
