An annonymous e-mailer has written in stating that the new TMNT movie that was to film in Vancouver this summer/fall for a Christmas 2013 release has, apparently, been shut down.
The e-mailer, who works in the Vancouver film industry, states that this went down suddenly just yesterday, apparently due to the massive amounts of negative backlash that followed Michael Bay's revelation that the story was to be spaced-based and that the Turtles would now be aliens.
However, although the current production has been halted, there will likely be (yet) another script written for an eventual movie. Maybe...
Ain't It Cool is also now reporting this news.