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PROJECT DEVELOPMENT COSTS
6 Months Ended
Jan. 31, 2021
Research and Development [Abstract]  
PROJECT DEVELOPMENT COSTS

7. PROJECT DEVELOPMENT COSTS

 

At January 31, 2021, the Company had one documentary film in development related to the Arpaio Agreement (see Note 6) and two feature films in development.

 

    Production              
          “Please                    
    “It’s     Baby                    
    Complicated”     Please”     “Mistress”     Interest     Total  
                               
Balance, July 31, 2020   $ 134,413     $     $     $     $ 134,413  
Additions     3,518       738,480       7,037       3,236       752,271  
Transferred to production costs                              
Charged to operations                              
Balance, October 31, 2020     137,931       738,480       7,037       3,236       886,684  
Additions     20,154       1,240,919       874,669       24,208       2,159,950  
Transferred to production costs                              
Charged to operations                              
Balance, January 31, 2021   $ 158,085     $ 1,979,399     $ 881,706     $ 27,444     $ 3,046,634  

 

During the three months and six months ended January 31, 2021, the Company paid producer fees to an officer of the Company aggregating $0 and $25,000, respectively, which are accounted for as project development costs in the accompanying consolidated balance sheet at January 31, 2021.