You are absolutely right. At best, Evolving Pictures is some bodies pipe dream and nothing more. There is no WAY in the WORLD that they will secure financing...
Their website for the film is ran with all of the technical skill you would expect from the days of PRODIGY...
There are even FUCKING BIBLICAL REFERENCES!
It would almost be funny if it wasn't sad. I am certain that Harry K. and Co. will never be in live action unless someone does an unofficial fan film.