Are you ready for the second biggest party of all time? Project X's performance at the box office this past weekend has ensured that a sequel is in the works. Though it didn't make a lot of money by Will Smith needs an 11-story motor-home standards, it did do pretty well for a found footage film.

It's unknown whether or not the film would revolve around the original trio of nerds or if producers Todd Phillips and Joel Silver will find brand new people we've never seen before in our lives. Co-writer Michael Bacall is already at work for a treatment on the sequel which likely reads like so... "Guys drink beer... hot girls kiss one another on neck... lasers... Skrillex..." Sounds like a go picture to me. (THR)