Here's what the deal is... You need to save the clips that where made within the project to the camera roll...
Move recorded video to the Camera Roll
You can move video that you recorded directly into an iMovie project to the Camera Roll, which allows you to use the video in other iMovie projects.
From the help section...
*To move recorded video to the Camera Roll:
Open the project that contains the video you want to move to the Camera Roll.
Tap the Video button below the Media Library.
NOTE: If your iPad is in portrait mode, first tap the Media Library button in the upper-left corner of the screen, and tap the Video button at the bottom of the Media Library that appears.
Tap Edit in the top-left corner of the screen.
Tap the blue File button on the left end of each video clip you want to move.
Tap Done.
After you move recorded video to the Camera Roll, the video appears in the iMovie Video browser and is available to use in any project.*
I knew there had to also be away to use these videos clips in another project.
Take a look at the help section... It's not to long a could be read in less than 30 minutes.
Message was edited by: David M Brewer