----

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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 |   |   | 8      |   |
|                                                                                              |   |   |   |   |
|  Controls and Procedures                                                                     |   |   | 11     |   |
|                                                                                              |   |   |   |   |
|  Legal Proceedings                                                                           |   |   | 12     |   |
|                                                                                              |   |   |   |   |
|  Exhibits                                                                                    |   |   | 12     |   |
|                                                                                              |   |   |   |   |
|  Signatures                                                                                  |   |   | 13     |   |

----

|                                  |                                                                                                                                                                                                                   |                                        |   | September 30, 2010 |   |   | March 31, 2010 |       |
|---------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------|--------|--------------------|--------|--------|----------------|------------|
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |
|                                  |                                                                                                                                                                                                                   |                                        |   | $                  | -      |   |           | $          | - |   |
| ASSETS                                |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
| Current Assets                        |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |
|                                  | Cash                                                                                                                                                                                                                   |                                        |   | $                  | 667    |   |           | $          | 427 |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
| Total Current Assets                  |                                                                                                                                                                                                                   |                                        | 667    |               |   |   | 427            |       |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
|                                  | Total Assets                                                                                                                                                                                                           |                                        | $      | 667                |   |   | $              | 427        |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
| Current Liabilities                   |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |
|                                  | Accounts Payable                                                                                                                                                                                                       |                                        | $      | 6,000              |   |   | $              | 5,075      |   |
|                                  | Accrued Liabilities                                                                                                                                                                                                    |                                        |   | 1,169              |   |   |           | 1,169      |   |
|                                  | Notes Payable, net of unamortized discount of $0      and   $15,467                                                                                                       |                                        |   | 21,640             |   |   |           | 6,173      |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
| Total Liabilities                     |                                                                                                                                                                                                                   |                                        |   | 28,809             |   |   |           | 12,417     |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
| Stockholders' Deficit                 |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
|                                  | Preferred stock:                                                                                                                                                                                                       |                                        |   |               |   |   |           |       |   |
|                                  | Series A convertible preferred stock, $.00001 par,    130,000,000 shares authorized, 10,000 and 0 shares         issued and outstanding, respectively |                                        |   | -                  |   |   |           | -          |   |
|                                  | Series B convertible preferred stock, $.00001 par 70,000,000 shares authorized, 8,500 and 0 shares issued and outstanding, respectively                                                                                |                                        |   | -                  |   |   |           | -          |   |
|                                  | Series C convertible preferred stock, $.00001 par, 20,000,000 shares authorized, 0, and 0 shares issued and outstanding, respectively                                                                                  |                                        |   | -                  |   |   |           | -          |   |
|                                  | Common stock, $0.00001 par, 175,000,000                                                                                                                                                                                |                                        |   |               |   |   |           |       |   |
|                                  |    shares authorized, 130,519,822 shares                                                                                                                                                                |                                        |   |               |   |   |           |       |   |
|                                  |    issued and outstanding                                                                                                                                                                               |                                        |   | 1,305              |   |   |           | 1,305      |   |
|                                  | Additional paid-in capital                                                                                                                                                                                             |                                        |   | 5,115,402          |   |   |           | 5,100,252  |   |
|                                  | Deficit accumulated during the development stage                                                                                                                                                                       |                                        |   | (5,144,849         | )      |   |           | (5,113,547 |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
|                                  | Total Stockholders' Deficit                                                                                                                                                                                            |                                        |   | (28,142            | )      |   |           | (11,990    |   |
|                                  |                                                                                                                                                                                                                   |                                        |   |               |   |   |           |       |   |   |
|                                  |                                                                                                                                                                                                                   | Total Liabilities and Stockholders' Deficit |   | $                  | 667    |   |           | $          | 427 |   |

----

| WRITERS' GROUP FILM CORP.                      |
|------------------------------------------------|
| [A Development Stage Company]                  |
| CONSOLIDATED STATEMENTS OF EXPENSES(Unaudited) |

|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   | March 9, 2007  |       |
|-------------------------------------------|--------|--------------------|-------------|--------|--------------------|--------|------------|--------------------|--------|--------|--------------------|--------|--------|---------------------|------------|
|                                      |   | Three Months       |        |   | Three Months       |   |       | Six Months         |   |   | Six Months         |   |   | (inception)         |       |
|                                      |   |  Ended        |        |   |   Ended       |   |       |  Ended        |   |   |  Ended        |   |   |   through      |       |
|                                      |   | September 30, 2010 |        |   | September 30, 2009 |   |       | September 30, 2010 |   |   | September 30, 2009 |   |   | September 30, 2010  |       |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |
| Revenues                                  |   | $                  | -           |   |               | $      | - -   |               |   | $      | - -           |   |   | $                   | - -   |   |   | $ | 9,425 |   |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |   |   |   |   |   |
| General and administrative                |   |               | 15,326      |   |               |   | 225,990    |               |   |   | 15,835             |   |   |                | 235,062    |   |   |   | 5,121,045 |   |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |   |   |   |   |   |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |   |   |   |   |   |
| Interest expense                          |   |               | 5,760       |   |               |   | 86,080     |               |   |   | 15,467             |   |   |                | 86,080     |   |   |   | 33,229 |   |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |   |   |   |   |   |
| Net loss                                  |   | $                  | (21,086     | )      |               | $      | (312,070   | )                  |   | $      | (31,302            | )      |   | $                   | (321,142   | ) |   | $ | (5,144,849 | ) |
| Preferred stock dividend                  |   |               | (10,000     | )      |               |   | -          |               |   |   | (15,000            | )      |   |                | -          |   |   |   | (17,000 | ) |
| Net loss available to common shareholders |   | $                  | (31,086     | )      |               | $      | (312,070   | )                  |   | $      | (46,302            | )      |   | $                   | (321,142   | ) |   | $ | (5,161,849 | ) |
|                                      |   |               |        |   |               |   |       |               |   |   |               |   |   |                |       |   |   |   |   |   |
| Basic and diluted Net Loss per share      |   | $                  | (0.00       | )      |               | $      | (0.00      | )                  |   | $      | (0.00              | )      |   | $                   | (0.00      | ) |   |   | n/a |   |
| Weighted average common shares oustanding |   |               | 130,519,822 |   |               |   | 65,501,876 |               |   |   | 130,519,822        |   |   |                | 68,629,112 |   |   |   | n/a |   |

----

| WRITERS' GROUP FILM CORP.                        |
|--------------------------------------------------|
| [A Development Stage Company]                    |
| CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) |

|                                                                                 |   | Six Months Ended   |    |   | Six Months Ended   |   |     | March 9, 2007 (inception) through |   |
|--------------------------------------------------------------------------------------|--------|--------------------|---------|--------|--------------------|--------|----------|-----------------------------------|--------|
|                                                                                 |   | September 30, 2010 |    |   | September 30, 2009 |   |     | September 30, 2010                |   |
| CASH FLOWS FROM OPERATING                                                            |   |               |    |   |               |   |     |                              |   |
| ACTIVITIES                                                                           |   |               |    |   |               |   |     |                              |   |
| Net loss                                                                             |   | $                  | (31,302 | )      |               | $      | (321,142 | )                                 |   | $ | (5,144,849 | ) |
| Adjustments to reconcile                                                             |   |               |    |   |               |   |     |                              |   |   |   |   |
| net loss to cash used                                                                |   |               |    |   |               |   |     |                              |   |   |   |   |
| in operating activities:                                                             |   |               |    |   |               |   |     |                              |   |   |   |   |
| Stock issued for services                                                            |   |               |    |   |               |   | 210,000  |                              |   |   | 4,983,248 |   |
| Amortization of BCF Discount                                                         |   |               | 15,467  |   |               |   |     |                              |   |   | 32,000 |   |
| Change in fair value of derivative liabilities                                       |   |               |    |   |               |   | 86,080   |                              |   |   | 0 |   |
| Changes in:                                                                          |   |               |    |   |               |   |     |                              |   |   |   |   |
| Accounts Payable                                                                     |   |               | 925     |   |               |   | (857     | )                                 |   |   | 5,999 |   |
| Other Liabilities                                                                    |   |               | 0       |   |               |   |     |                              |   |   | 1,169 |   |
| Accounts Receivable                                                                  |   |               | 0       |   |               |   | 0        |                              |   |   | 0 |   |
| NET CASH USED IN OPERATING ACTIVITIES                                                |   |               | (14,910 | )      |               |   | (25,919  | )                                 |   |   | (122,433 | ) |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
| CASH FLOWS FROM FINANCING                                                            |   |               |    |   |               |   |     |                              |   |   |   |   |
| ACTIVITIES                                                                           |   |               |    |   |               |   |     |                              |   |   |   |   |
| Proceeds from convertible notes                                                      |   |               | -       |   |               |   | 22,000   |                              |   |   | 32,000 |   |
| Proceeds from subscriptions receivable                                               |   |               | -       |   |               |   | -        |                              |   |   | 13,500 |   |
| Capital contributions                                                                |   |               | 150     |   |               |   | 12,900   |                              |   |   | 22,350 |   |
| Preferred stock issued for cash                                                      |   |               | 15,000  |   |               |   | -        |                              |   |   | 17,000 |   |
| Stock issued for cash                                                                |   |               | -       |   |               |   | -        |                              |   |   | 38,250 |   |
| NET CASH PROVIDED BY FINANCING ACTIVITIES                                            |   |               | 15,150  |   |               |   | 34,900   |                              |   |   | 123,100 |   |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
| NET CHANGE IN CASH                                                                   |   |               | 240     |   |               |   | 8,981    |                              |   |   | 667 |   |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
| Cash balance, beginning                                                              |   |               | 427     |   |               |   | 1,136    |                              |   |   | - |   |
| Cash balance, ending                                                                 |   | $                  | 667     |   |               | $      | 10,117   |                              |   | $ | 667 |   |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
| CASH PAID FOR:                                                                       |   |               |    |   |               |   |     |                              |   |   |   |   |
| Interest                                                                             |   |               | -       |   |               |   | -        |                              |   |   | - |   |
| Income taxes                                                                         |   |               | -       |   |               |   | -        |                              |   |   | - |   |
|                                                                                 |   |               |    |   |               |   |     |                              |   |   |   |   |
| NON-CASH TRANSACTIONS                                                                |   |               |    |   |               |   |     |                              |   |   |   |   |
| Shares issued for conversion of debt                                                 |   |               | -       |   |               |   | -        |                              |   |   | 10,360 |   |
| Beneficial conversion feature on convertible  notes payable                |   |               | -       |   |               |   | 12,000   |                              |   |   | 22,000 |   |
| Beneficial conversion feature on convertible  notes payable- Related Party |   |               | -       |   |               |   | 10,000   |                              |   |   | 10,000 |   |
| Change in par value of common stock                                                  |   |               | -       |   |               |   | -        |                              |   |   | 63,875 |   |

----

|  Proceeds from convertible notes issued since inception        |   | $      | 32,000  |   |
|--------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|
|  Notes converted into common stock since inception                            |   |   | (10,360 | )      |
|  Less unamortized debt discount                                                    |   |   |    |   |
|  Convertible notes outstanding on September 30, 2010                |   | $      | 21,640  |   |

----

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----

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| ·   | December, 2010 – February, 2011: Raise $150,000 through private and public stock offerings. |
|--------------------|---------------------------------------------------------------------------------------------------|

| ·   | February – April, 2011: Identify, approach, negotiate and sign an agreement with a well-known actor to have him or her appear in the film. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | April - July, 2011: Identify studios, distributors, large production companies and other financiers who may finance the remainder of the film’s budget, submit applications and secure financing. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | July - August, 2011: Complete development and pre-production on the film. |
|--------------------|---------------------------------------------------------------------------|

----

| ·   | April – September, 2011: Conduct market research on cost, and on answering the questions identified above. Develop comprehensive web strategy. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | September – October, 2011: Develop ideas and scripts for either a) for-profit web content; or b) sketches and vignettes for marketing purposes only. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | October – December, 2011: 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 necessary funds, 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 and directors, to participate in our web-based projects without significant financial incentives. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | December, 2011 – March, 2012: Produce either for-profit web content or the video sketches and vignettes for marketing purposes only. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | March – April, 2012: Distribute the material that we produced. |
|--------------------|----------------------------------------------------------------------|

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| * Rule 15d-14(a) Certifications   | Exhibit (31)(i)and(ii) |
|---------------------------------------------|------------------------|
|                                        |                   |
| * Section 1350 Certification           | Exhibit (32)           |

----

|                                            | WRITERS’ GROUP FILM CORP. |                                                 |
|-------------------------------------------------|---------------------------------|------------------------------------------------------|
|                                            |                            |                                                 |   |
| November 22, 2010           | By:                             | /s/ Tal L. Kapelner                                  |   |
|                                            |                            | Name: Tal L. Kapelner,                          |   |
|                                            |                            | Title: President and Chairman                   |   |
|                                            |                            |                                                 |   |
|                                            |                            |                                                 |   |
| November 22, 2010      | By:                             | /s/ Ariella Kapelner                                 |   |
|                                            |                            | Name: Ariella Kapelner,                         |   |
|                                            |                            | Title: Principal Financial Officer and Director |   |

----