A diaper-wearing kid falls asleep, and dreams of something called Balloon Land, which amounts to some gigantic balloons in a pedophile's warehouse/ garage. There is a bit of piano music hear in these scenes, but the piano music is clearly being performed live, by someone sitting behind the camera, as it is obviously live, and drowning in echo. Someone is blowing bubbles on the audio tracks, crew members can clearly be seen moving the balloons around, and the end of the so-called stage can frequently be seen, along with a bit of lighting equipment, before the film pads out its run time with footage of an unidentified parade filled with gigantic balloons, and an unidentified female narrator, who can't seem to decide if she is narrating a kid's movie, or doing a porn flick. It frequently shows the audience reacting to the balloons in this parade, and they look as bored and confused as the few people who have ever seen this probably looked.
How was this ever made, and by who? Was it ever screened publicly, and if it was, how many people saw it, and what was their response to it? Its production history is a complete mystery, no cast or crew received any screen credit. Aside from its title, and 1965 copyright date, nothing is known of its origins.
In reality, this was most likely done by Gigantic Balloon co, Inc., just to promote themselves, and make use of some leftover balloons, the original footage was probably filmed in one morning, and on one take, with the parade footage filmed the same evening, and on absolutely zero budget, guerrilla-style, and the people who made this are likely in prison.