How do I Import projects from iMovie 11 to iMovie 08

Hi All,

yesterday I tried to transfer a project from imovie 11 to another mac with imovie 08. I have followed the procedure suggested for doing the opposite, such as from imovie 08 to imovie 11. As I'm writing here I did not succeed...

I can import imovie event folder and it was red from imovie 08 but when I'm pasting the project into the project folder of the computer with imovie 08 (copied previusly from the other computer with imovie 11) imovie 08 cannot see is it, and when I'm trying to import it from file>import an HD project it's seen from imovie 08 greyed out.

First of all: It is possible to do it?

Is that the right procedure to adopt?

hope it make sense and someone found already the issue so can answer me quickly

cheers