You're going to have to get those new glasses out to watch Russell Mulcahy's new project. According to The Hollywood Reporter, Mulcahy has signed on to write and direct Bait.

The film centers on a sudden tsunami that tears into a coastal town and leaves a group of people stranded in a grocery store with an armed gunman and also a group of tiger sharks that have been washed into the building.

The film will be a 3-D action/adventure, with filming set to start on the Gold Coast sometime later this year.