PROJECT DEVELOPMENT COSTS

9 Months Ended

Apr. 30, 2021

Research and Development [Abstract]

PROJECT DEVELOPMENT COSTS

7. PROJECT DEVELOPMENT COSTS

At April 30, 2021, the Company had one documentary film entitled “It’s Complicated” related to the life of former Arizona Sheriff Joseph M. Arpaio, two feature films and one television show in development.

	Production
			“Please
	“It’s		Baby
	Complicated”		Please”		“Mistress”		“Storyland”		Total
Balance, July 31, 2020	$	134,413	$	—	$	—	$	—	$	134,413
Additions		3,518		738,480		7,037		—		749,035
Capitalized interest		—		3,236		—		—		3,236
Transferred to production costs		—		—		—		—		—
Charged to operations		—		—		—		—		—
Balance, October 31, 2020		137,931		741,716		7,037		—		886,684
Additions		20,154		1,240,919		874,669		—		2,135,742
Capitalized interest		—		24,208		—		—		24,208
Transferred to production costs		—		—		—		—		—
Charged to operations		—		—		—		—		—
Balance, January 31, 2021		158,085		2,006,843		881,706		—		3,046,634
Additions		—		111,021		142,769		12,250		266,040
Capitalized interest		—		24,722		—		—		24,722
Transferred to production costs		—		—		—		—		—
Charged to operations		—		—		—		—		—
Balance, April 30, 2021	$	158,085	$	2,142,586	$	1,024,475	$	12,250	$	3,337,396

During the nine months ended April 30, 2021, the Company paid producer fees to an officer of the Company of $25,000, which are accounted for as project development costs in the accompanying consolidated balance sheet at April 30, 2021.