Dread Central is reporting exclusively that Phantasm 5 is a reality. According to the article, an extremely reliable source close to Dread confirmed that not only is Phantasm 5 fully scripted but it will begin filming this year. Dread also went on to say that "We would NOT tell you guys that Phantasm 5 is happening and happening soon unless we were at least 95% sure of the news."
So with such a bold statement it certain looks as if the news is legit! Fingers crossed on this way!
Stay tuned for more details on the breaking story.