Yep, yet another knock-off of 'Cloverfield'. This is the last feature the two Polonia Bros. did together before the passing of the great John Polonia. It was announced that it would feature live-animal effects, but it appears that prop fx were incorporated instead. It's filmed in 'Blair Witch/ Cloverfield' style and features a four-legged 'Gorgo' looking monster. There see I told you he was making a comeback!!:
http://store.tempevideo.com/mm5/merchant.mvc?Screen=PROD&Store_Code=TV&Product_Code=FC-257 I think it looks fun, but definitely very cheesy.