After Mike Flanagan's masterful release of Absentia--which won best feature film at LA's 2011 Shriekfest and was distributed by Phase 4 films earlier this year--his Oculus franchise was picked up by Trevor Macy and Marc D. Evans of Intrepid Pictures for the major Feature treatment. (The original Oculus short is a cult classic that was made for $1500, garnered a 9.5 from MFM when it came out, and used a single room, a single actor, and a cowled mirror to strike fear in the heart of viewers everywhere.) Intrepid is a production company that seems to be taking a page from the origins of New Line and focusing on films that have very targeted audiences. While they're most recently known for producing James McTeigue's (V for Vendetta) film, Raven, starring John Cusack, they've also produced or presented such varied works as The Cold Light of Day, Crush, and Balls of Fury.