They got their Kickstarter funded with a whole day left till the funding deadline, and sponsors are still signing up. It all means better resources for the production, (including the shouldn't-be-underestimated need for hot chocolate in Iceland during principle photography!).
So the film shoot is ON - and it appears we'll start seeing results of this new Icelandic/Viking Beauty and the Beast, as early as October this year. (Wow.)
In celebration, I've added some more
If you'd like to be part of helping make this project a success you can still contribute to the Kickstarter HERE with any amount from $1 up. For $30, however, you are guaranteed your very own copy of the film. (Since distribution for theaters and ultimately for DVD and Blu-ray aren't yet known, this is one way to make sure you actually see it - and soon.)
Bring on the Beast!