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and nature of business &amp;#8211; &lt;/b&gt;Fulucai Productions Ltd. (identified in these footnotes as &amp;#8220;we&amp;#8221; or &amp;#8220;the Company&amp;#8221;)
is a Nevada corporation incorporated on March 26, 2010. The Company relocated its offices from Calgary, Alberta to New York, USA
concurrent with the appointment in April 2013 of a new officer and director. We intend to operate in the U.S. and Canada. Our fiscal
year end is April 30 for financial reporting purposes.&amp;#160;&amp;#160;Our website can be viewed at www.fulucai.tv.&lt;/p&gt;

&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;Currently, we are
a television and movie production company.&amp;#160;&amp;#160;&amp;#160;Our initial plan of operation was to develop reality-based show concepts
for sale to television and Internet production interests.&amp;#160;&amp;#160;This planned development was expected to include the production
of &amp;#8220;trailers&amp;#8221;. Trailers are short videos that demonstrate the concept to potential buyers.&amp;#160;&amp;#160;&amp;#160;We developed
our first reality show, however, we were unable to find a buyer and we determined to undertake production of a full-length feature
film which has been completed and is currently licensed as further described herein.&lt;/p&gt;

&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;In the current development
stage, we anticipate incurring operating losses as we implement our business plan.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>The entire disclosure for the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings).</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

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 -Publisher AICPA

 -Name Statement of Position (SOP)

 -Number 94-6

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&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basis of presentation
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&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Use of estimates
- &lt;/b&gt;The preparation of financial statements in conformity with generally accepted accounting principles requires management to
make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period.&amp;#160;&amp;#160;Actual
results could differ from those estimates.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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 -Publisher AICPA

 -Name Statement of Position (SOP)

 -Number 94-6

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&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash and cash
equivalents - &lt;/b&gt;For purposes of the statement of cash flows, we consider all cash in banks, money market funds, and certificates
of deposit with an original maturity of less than three months to be cash equivalents.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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 -Publisher FASB

 -Name Accounting Standards Codification

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 -Name Accounting Standards Codification

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 -Publisher SEC

 -Name Regulation S-X (SX)

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 -Publisher FASB

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 -Publisher AICPA

 -Name Technical Practice Aid (TPA)

 -Number 2110

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Reference 9: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 95

 -Paragraph 7, 8, 9, 10

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financial instruments and derivative financial instruments &lt;/b&gt;- The carrying amounts of cash and current liabilities approximate
fair value because of the short maturity of these items. These fair value estimates are subjective in nature and involve uncertainties
and matters of significant judgment, and, therefore, cannot be determined with precision.&amp;#160;&amp;#160;Changes in assumptions could
significantly affect these estimates.&amp;#160;&amp;#160;We do not hold or issue financial instruments for trading purposes, nor do we
utilize derivative instruments in the management of our foreign exchange, commodity price or interest rate market risks.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for determining the fair value of financial instruments.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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 -Publisher FASB

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 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 107

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&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed assets
- &lt;/b&gt;Property, plant and equipment is valued at cost less accumulated depreciation and impairment losses. If the costs of certain
components of an item of property, plant and equipment are significant in relation to the total cost of the item, they are accounted
for and depreciated separately. Depreciation expense is recognized using the straight-line method and is amortized over the estimated
useful life of the related asset. The following useful lives are assumed:&lt;/p&gt;

&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;Furniture &amp;#38;
office equipment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 - 5 years&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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 -Name Accounting Standards Codification

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 -Publisher FASB

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher AICPA

 -Name Accounting Principles Board Opinion (APB)

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 -Paragraph 12, 13

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Reference 4: http://www.xbrl.org/2003/role/presentationRef

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 -Name Accounting Research Bulletin (ARB)

 -Number 43

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

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services &amp;#8211;&amp;#160;&lt;/b&gt;The Company recognizes revenue for services using &lt;i&gt;the completed performance method,&lt;/i&gt; which is applied
when&lt;i&gt;&amp;#160;&lt;/i&gt;more than one act must be performed to complete a service, and when the final act is so significant to the entire
transaction taken as a whole, that performance cannot be considered to have taken place until the performance of that final act
occurs, at which time revenue in respect of the service will be recognized.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for revenue recognition for sales of a service. The entity also may disclose how it recognizes cost of sales for such a service transaction and its treatment of any unearned or deferred revenue that arises from the transaction.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 605

 -SubTopic 20

 -URI http://asc.fasb.org/subtopic&amp;trid=2197248



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Staff Accounting Bulletin (SAB)

 -Number Topic 13

 -Section B

 -Paragraph Question 1



Reference 4: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 605

 -SubTopic 10

 -Section S99

 -Paragraph 1

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 -URI http://asc.fasb.org/extlink&amp;oid=6600647&amp;loc=d3e214044-122780



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taxes&lt;/b&gt; - Deferred income taxes are reported for timing differences between items of income or expense reported in the financial
statements and those reported for income tax purposes in accordance with &lt;i&gt;ASC Topic 740&lt;/i&gt; regarding &lt;i&gt;Accounting for Income
Taxes&lt;/i&gt;, which requires the use of the asset/liability method of accounting for income taxes.&amp;#160;&amp;#160;Deferred income taxes
and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying
amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carryforwards.&amp;#160;&amp;#160;Deferred
tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those
temporary differences are expected to be recovered or settled.&amp;#160;&amp;#160;The Company provides deferred taxes for the estimated
future tax effects attributable to temporary differences and carryforwards when realization is more likely than not.&lt;/p&gt;

&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher AICPA

 -Name Accounting Principles Board Opinion (APB)

 -Number 4

 -Paragraph 11

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name FASB Interpretation (FIN)

 -Number 48

 -Paragraph 20

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

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 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 4: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 740

 -SubTopic 10

 -Section 45

 -Paragraph 25

 -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32247-109318



Reference 5: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 740

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 954

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 -URI http://asc.fasb.org/extlink&amp;oid=6491622&amp;loc=d3e9504-115650



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 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 740

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 -Publisher FASB

 -Name Accounting Standards Codification

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 -Publisher FASB

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 -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32280-109318



Reference 11: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 109

 -Paragraph 6-34, 43, 47, 49

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Federal Income Tax</Label></Row><Row FlagID="0"><Id>10</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and
requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the
diluted EPS computation.&amp;#160;&amp;#160;In the accompanying financial statements, basic earnings per share of common stock is computed
by dividing net income by the weighted average number of shares of common stock outstanding during the period.&lt;/p&gt;

&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 260

 -SubTopic 10

 -Section 50

 -Paragraph 1

 -Subparagraph (c)

 -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 260

 -SubTopic 10

 -URI http://asc.fasb.org/subtopic&amp;trid=2144384



Reference 4: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 128

 -Paragraph 40

 -Subparagraph a

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 5: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 260

 -SubTopic 10

 -Section 50

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 -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3630-109257



Reference 6: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 128

 -Paragraph 6, 8-16, 60

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="text-align: justify; text-indent: 0pt; margin: 0 0 0 18pt; font: 10pt Times New Roman, Times, Serif"&gt;The accompanying
financial statements have been prepared in accordance with ASC Topic 915 "Accounting and Reporting by Development Stage Enterprises".
A development stage enterprise is one in which planned principal operations have not commenced or if its operations have commenced,
there has been no significant revenue therefrom. Development stage companies report cumulative costs from the enterprise's inception.&lt;/p&gt;

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