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| Large accelerated filer  o                                    |   | Accelerated filer                     o |
|----------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated filer    o(Do not check if a smaller reporting company) |   | Smaller reporting company  x                                                                                                      |

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|                                                                                        |   |
|---------------------------------------------------------------------------------------------|--------|
| Unaudited Financial Statements                                                              | 3      |
| Management’s Discussion and Analysis of Financial Condition and Results of Operations | 7      |
| Controls and Procedures                                                                     | 10     |
| Legal Proceedings                                                                           | 11     |
| Exhibits                                                                                    | 11     |
| Signatures                                                                                  | 11     |

----

|                                        |                                                   |   | June 30, 2009 |     |   | March 31, 2009 |   |
|---------------------------------------------|--------------------------------------------------------|--------|---------------|----------|--------|----------------|--------|
| ASSETS                                      |                                                   |   |          |     |   |           |   |
|                                        |                                                   |   |          |     |   |           |   |
| Current Assets                              |                                                   |   |          |     |   |           |
|                                        | Cash                                                   | $      | 4,334         |     |   | $              | 1,136  |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Total Current Assets                        |                                                   |   | 4,334         |     |   |           | 1,136  |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Total Assets                                |                                                   | $      | 4,334         |     |   | $              | 1,136  |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT       |                                                   |   |          |     |   |           |   |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Current Liabilities                    |                                                   |   |          |     |   |           |   |   |
|                                        | Accounts Payable                                       |   | $             | 5,257    |   |           | $      | 4,887 |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Total Liabilities                      |                                                   |   | 5,257         |     |   |           | 4,887  |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Stockholders' Deficit                       |                                                   |   |          |     |   |           |   |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
|                                        | Common stock, $0.001 par, 175,000,000                  |   |          |     |   |           |
|                                        |    shares authorized, 64,519,822 shares |   |          |     |   |           |   |   |   |
|                                        |    issued and outstanding, respectively |   |          | 64,520   |   |           |   | 64,520 |   |
|                                        | Additional paid-in capital                             |   |          | 92,928   |   |           |   | 81,028 |   |
|                                        | Deficit accumulated during the development stage       |   |          | (158,371 | )      |           |   | (149,299 | ) |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Total Stockholders' Deficit                 |                                                   |   | (923          | )        |   |           | (3,751 | ) |
|                                        |                                                   |   |          |     |   |           |   |   |   |
| Total Liabilities and Stockholders' Deficit |                                                   | $      | 4,334         |     |   | $              | 1,136  |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
|                                        |                                                   |   |          |     |   |           |   |   |   |
|                                        |                                                   |

----

| WRITERS' GROUP FILM CORP.                               |   |
|---------------------------------------------------------|--------|
| [A Development Stage Company]                           |   |
| CONSOLIDATED STATEMENTS OF EXPENSES                     |   |
| (Unaudited)                                             |   |
|                                                    |   |   |   |   |   |   |   |   |   |
|                                                    |   | Three Months Ended |   |   | March 9, 2007 (inception) through |   |
|                                                    |   | June 30, 2009 |   |   | June 30, 2008 |   |   | June 30, 2009 |   |
|                                                    |   |   |   |   |   |   |   |   |   |
| Revenues                                                |   | $ | - |   |   | $ | - |   |   | $ | 9,425 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative                              |   |   | 9,072 |   |   |   | 7,255 |   |   |   | 167,736 |   |
| Interest expense                                        |   |   |   |   |   |   | 0 |   |   |   | 60 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                |   | $ | (9,072 | ) |   | $ | (7,255 | ) |   | $ | (158,371 | ) |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted                                       |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss per share                                      |   | $ | - |   |   | $ | - |   |   |   | n/a |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average common                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| shares outstanding                                      |   |   | 64,519,822 |   |   |   | 62,682,822 |   |   |   | n/a |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |
|   See Notes to unaudited financial statements |   |

----

| WRITERS' GROUP FILM CORP.                                    |   |
|--------------------------------------------------------------|--------|
| [a development stage company]                                |   |
| CONSOLIDATED STATEMENTS OF CASH FLOWS                        |   |
| (Unaudited)                                                  |   |
|                                                         |   |   |   |   |   |   |   |   |   |
|                                                         |   |   |   |   |   |   |   |   |   |
|                                                         |   | Three Months Ended June 30, |   |   | March 9, 2007 (inception) through |   |
|                                                         |   | 2009 |   |   | 2008 |   |   | June 30, 2009 |   |
| CASH FLOWS FROM OPERATING                                    |   |   |   |   |   |   |   |   |   |
| ACTIVITIES                                                   |   |   |   |   |   |   |   |   |   |
| Net loss                                                     |   | $ | (9,072 | ) |   | $ | (7,255 | ) |   | $ | (158,371 | ) |
| Adjustments to reconcile                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| net loss to cash used                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| in operating activities:                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock issued for services                                    |   |   | - |   |   |   | - |   |   |   | 84,498 |   |
| Bad debt expense                                             |   |   |   |   |   |   |   |   |   |   | - |   |
| Changes in:     Accounts receivable |   |   |   |   |   |   |  424 |   |   |   |   |   |
| Accounts payable                                             |   |   | 370 |   |   |   | 3,720 |   |   |   | 5,257 |   |
| NET CASH USED IN OPERATING ACTIVITIES                        |   |   | (8,702 | ) |   |   | (3,111 | ) |   |   | (68,616 | ) |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM FINANCING                                    |   |   |   |   |   |   |   |   |   |   |   |   |
| ACTIVITIES                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Proceeds from subscriptions receivable                       |   |   | - |   |   |   | - |   |   |   | 13,500 |   |
| Capital contributions                                        |   |   | 11,900 |   |   |   | 3,000 |   |   |   | 21,200 |   |
| Stock issued for cash                                        |   |   | - |   |   |   | - |   |   |   | 38,250 |   |
| NET CASH PROVIDED BY FINANCING ACTIVITIES                    |   |   | 11,900 |   |   |   | 3,000 |   |   |   | 72,950 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| NET CHANGE IN CASH                                           |   |   | 3,198 |   |   |   | (111 | ) |   |   | 4,334 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash balance, beginning                                      |   |   | 1,136 |   |   |   | 576 |   |   |   | - |   |
| Cash balance, ending                                         |   | $ | 4,334 |   |   | $ | 465 |   |   | $ | 4,334 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| CASH PAID FOR:                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                                                     |   |   | - |   |   |   | - |   |   |   | - |   |
| Income taxes                                                 |   |   | - |   |   |   | - |   |   |   | - |   |

----

----

----

| ·   | May – September, 2009: Raise $150,000 through private and public stock offerings. |
|--------------------|-----------------------------------------------------------------------------------------|

| ·   | September – December, 2009: Identify, approach, negotiate and sign an agreement with a well-known actor to have him or her appear in the film. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | December, 2009 – March, 2010: Identify studios, distributors, large production companies and other financiers who may finance the remainder of the film’s budget, submit applications and secure financing. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | March – April, 2010: Complete development and pre-production on the film. |
|--------------------|---------------------------------------------------------------------------------|

----

----

| ·   | April – September, 2009: Conduct market research on cost, and on answering the questions identified above. Develop comprehensive web strategy. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | September – October, 2009: Develop ideas and scripts for either a) for-profit web content; or b) sketches and vignettes for marketing purposes only. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | October – December, 2009: Raise financing through registered offerings or private placements. If we are financing for-profit web content, financing needs may be anywhere from $30,000 to almost $100,000, as noted above. Since inception, we have not successfully raised $100,000 in cash, and at this time have no special ideas to raise the necessaryfunds, other than approaching venture capitalists and other private equity firms who invest in entertainment projects. While subject to the results of our web strategies research, we do not intend at this time to offer any profit participation or other significant financial incentives to entice well-known actors or directors to participate in these productions, although we may nevertheless approach well-known actors, directors, or in the case of our proposed “Flagged” production, professional sportsfigures, to participate in our web-based projects without significant financial incentives. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | December, 2009 – March, 2010: Produce either for-profit web content or the video sketches and vignettes for marketing purposes only. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | March – April, 2010: Distribute the material that we produced. |
|--------------------|----------------------------------------------------------------------|

----

|                                                                                     |   |                                                              |
|------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|
| * Certificate of Incorporation                                                 |   | [incorporated by reference to Form 10-K filed on July 10, 2009]   |
| * Certificate of Amendment of Certificate of Incorporation                |   | [incorporated by reference to Form S-1 filed on January 21, 2009] |
| * By-laws                                                                      |   | [incorporated by reference to Form 10-K filed on July 10, 2009]   |
| * Instruments defining rights of security holders                    |   | [see By-laws]                                                     |
| * Rule 15d-14(a) Certifications                                                |   | Exhibit (31)(i)                                                   |
| * Section 1350 Certification           |   | Exhibit (32)                                                      |

|                  | Company Name |                                    |
|-----------------------|--------------|-----------------------------------------|
|                  |         |                                    |   |
| August 19, 2009  | By:          | /s/                                |   |
|                  |         | Tal L. Kapelner, President and Chairman |   |
|                  |         |                                    |   |
|                  |         |                                    |   |

|                        |   |                                                       |
|-----------------------------|--------|------------------------------------------------------------|
|                        |   |                                                       |   |
| August 19, 2009   | By:    | /s/ Ariella Kapelner                                       |   |
|                        |   | Ariella Kapelner, Principal Financial Officer and Director |   |
|                        |   |                                                       |   |
|                        |   |                                                       |   |

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