Yeah with a '$' sign instead of an 'S'. It was first an award-winning Australian horror/comedy short film from 2007 about a giant squid in the Brisbane river. Now it is becoming a feature-length film version and it sounds hilarious. Here's a little more details including that original short in full: http://twitchfilm.net/site/view/beware-the-giant-river-dwelling-cephalopod-here-comes-the-squid#extended
and here's the official website: www.squidmovie.com
All I wanna know is if they keep the same basic plot from the short....does the squid finally get his damn money??