UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Rubinson, Mitchell
1000 Lincoln Road, Suite 200
Miami Beach, FL 33139
2. Issuer Name and Ticker or Trading Symbol
International Fast Food Corporation ("FOOD")
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
July, 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director (X) 10% Owner (X) Officer (give title below)
( ) Other (specify below)
President
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |7/14/97|J | | 23,338,589 |A |* Note 1 | 27,738,589 (See |D | Tenants by
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock | $.40 |5/92 | J | | 100,000 | |5/21/|5/20/| CS |100,000| | $.40 | | D | |
| | | | | | | 1992|/2002| | | | | | | |
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Common Stock | $.40 |2/93 | J | | 50,000 | |2/1/ |1/31/| CS | 50,000| | $.40 | | D | |
| | | | | | | 1993|/2003| | | | | | | |
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Explanation of Responses:
Note 1: Persuant to a Merger Agreement dated July 14, 1997, between International Fast Food Corporation ("IFFC"), a subidiary
of IFFC, Litigation Funding, Inc. and Reporting Person
Note 2: 80,000 outstanding shares of Common Stock presently owned by Mitchell and Edda Rubinson which are subject to an option
granted to Whale Securities Co., to purchase at any time until August 30, 1998 at a purchase price of $5.50 per share.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Mitchell Rubinson
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ---------------------------------
**Signature of Reporting Person
8/8/97
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Date
Note: File three copies of this Form, one of which must be manually signed.
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