Instead of regurgitating the story on this, I'll direct you to Tambay's thorough post, which details it all right HERE.
VMI Worldwide has brought the horror/western movie Gallowwalkers, which stars Wesley Snipes, out from the hiding, and Wrekin Hill Entertainment picked up USA release rights from VMI Worldwide, to the film, with plans to release this year - although no exact date yet.
Wrekin Hill Entertainment is a young Los Angeles-based production and distribution company, founded by the former Newmarket Films team of Chris Ball and Rene Cogan. While at Newmarket, Ball and Cogan oversaw production and distribution of indie films like Memento, Donnie Darko, Whale Rider, Monster, and The Passion Of The Christ - all films that were both critical and commercial successes.
The company plans to distribute 4 - 5 films theatrically annually, in addition to its home market releases via its recently announced a multi-year US home entertainment distribution deal with Lionsgate.
A brand-new release trailer has been released and it's embedded below: