On his twitter account, Roger Corman, had this to say regarding the film.
Thanks to Deadline Hollywood:
“– Spent half am hour discussing what a sharktopus should look like, how many mouths it should have and how it should kill. That’s my job! 11:42 AM Feb 10th from web
— Just got off the phone with the legendary Roger Corman who’s doing a new movie for us this year. Yes, it’s the long-rumored SHARKTOPUS! 11:41 AM Feb 10th from web
— So – if you were making a movie called SHARKTOPUS – half shark, half octopus – what cool stunts would you like to see the creature do? 1:01 PM Jan 11th from web”
Corman has created some pretty cool cheap Sci-fi films before, such as Super gator, Dino croc, and Dinoshark. Sure, they sound very stupid, but are just fun to watch.
The idea of a half-shark, half-octopus once again sounds stupid, but at the same time sounds really cool.
I expect to see the same cheap specail effects, bad dialogue, and ridiculous storyline from this.