This story is not about that movie. It's about another project called The Hole, one that screenwriter Mark L. Smith (of the rather underrated Vacancy) just sold to the production companies known as Bold and Benderspink. According to Variety, the plot is about two brothers who discover a mysterious hole in their basement -- only to realize that the hole leads somewhere decidedly horrific. Cool.
No word yet on who'll be starring, directing or even distributing -- but given how much I dug the old-school vibe of Vacancy (arriving on DVD August 14), I'll be keeping an eye out for The Hole. (Although I bet you the title changes before the movie hits the streets.)