Is Federico Alvarez' PANIC ATTACK headed to the big screen? Sam Raimi knows!

ATAQUE DE PANICO aka PANIC ATTACK, by burgeoning filmmaker/fx artist Fedirco Alvarez may be coming to the big screen.
In a story that mirrors Peter Jackson's snapping up Neil Blomkamp to remake and expand his short film ALIVE IN JOBURG, turning it into the hit feature DISTRICT 9, it seems that Sam Raimi and Ghost House Pictures have signed up Mr. Alvarez to make a sci-fi film with a 30-40 million dollar budget. Whether this film will indeed be an upgrade to Mr. Alvarez's acclaimed short (more of a set piece really, than anything with a clear narrative)  or something wholly original is not yet known.
The question being asked right now out there in cyberland among the geeks and fanboys is if PANIC ATTACK can indeed be expanded into something strong enough to support an entire feature. Since there really was no story in the original short, should it indeed be PANIC ATTACK they are making, the canvas is wide open.
I was floored by the original vision, with it's semi-retro look, staggering fx work, and slick editing. It's one big slab of serious eye candy. If the tone can be married to a story with some intelligence and originality, we could be in for one massively tasty cinematic treat. Here's hoping!

Check out PANIC ATTACK below if you missed here the other two times we ran it. yep, I posted it a second time accidentally, and ScreenAnarchy overlord Todd Brown said "Leave it! It deserves to be run twice!" Third times a charm eh? Enjoy.