The horror story falls under the first-look deal between Myriad and Studio 407 and is being directed by Ernie Barbarash. Myriad is handling worldwide sales and is pre-selling at the EFM next week.
Peter Kwong wrote the screenplay and also wrote the comic book, which is currently in its fourth edition. A graphic novel is set to arrive in spring.
Myriad Pictures president and CEO Kirk D'Amico and Studio 407's managing director Alex Leung are producing the story of vacationing students on a fishing vessel who fall prey to a toxic avenger. Casting is underway.
Myriad's slate includes Last Stop 174, Not Forgotten, The Cry Of The Owl, Uncertainty and Dino Mom.