The project, which has been through several incarnations, is being shut down in the face of casting, script and budget issues. The production offices in Vancouver are being closed, with below-the-line talent and crew told to stop working. “Everybody is being sent home,” according to an insider.
Hardly a surprise. The whole idea is just harebrained.
A full length American Akira would probably be more entertaining.
Edit: looks like the project is still alive.