It appears that they are making progress toward making the movie.
Gray State was conceived in November of 2010 by David Crowley and Danny Mason. The scale and nature of the material indicated that not only did they have an obligation to craft a human story out of the morass, but they had an obligation to tell it properly, far from the typical financial hangups that have become the convention for independent film. They began the process by first developing the narrative through months of slow revisions, and then in the summer of 2011, forged ahead with shooting a concept trailer.
Many films that have particular visuals or unique plotlines first invest in concept material that can be used as a tool to gather funding from interested parties. Gray State is no different. What WAS different was the unanticipated explosion of interest Gray State gathered from the local film community who participated in the shoot. This buzz spawned throughout the area via word of mouth, steam-rolling into an unprecedented movement of interest that has already reached national attention in some circuits, and this was before the concept trailer was even released.
The filmmakers have barely been able to control the hype, and now, over a year since the shoot, they are finally ready to release the trailer and begin the national campaign to gather the funding they need to push this extremely popular concept into a brilliant and commercially viable feature film.
Gray State Official Website