This movie took so long to produce that by the time it was released, Chaos Comics - the company that had given permission for this movie to be made - had gone out of business in the intervening time due to bankruptcy.
According to the director, a sequel was in mind if this was a huge success. He stated it would have either been another direct to video movie or even a TV series.
Even though it wasn't clear how long it took Lady Death to master the ways of the sword, according to the director he always envisioned it as being over a course of seven years.
If there was a sequel there would have been an extended story on the clans that the various demon generals were part of.
When Brian Pulido was approached to make a screenplay for this movie, he was asked what he would change from the original "The Reckoning" comic story for the origins of Lady Death and this movie is the result.