It has been revealed that Dimension Films has purchased the rights to a sci-fi script called "The Greys". From the official press release:
"Dimension Films has preemptively purchased the spec script THE GREYS from writer Adam Cohen and from producing partners Sean and Bryan Furst. F. Javier Gutierrez (TRES DIAS aka BEFORE THE FALL) is set to direct the film. The announcement was made today by Bob Weinstein, co-chairman of The Weinstein Company (TWC). The logline of the sci-fi thriller is currently being kept under wraps."
While no plot details have been released, we're going to assume that the title is referring to the nickname given to the common depiction of extraterrestrials.