And we know the name too!
But the biggest news is that the name of the series will be
Look at his shizz!
Even with his fake, gross teeth James Franco is still a bona fide hottie!
In this BRAND NEW clip the hottie shows off his gun and swag collection to Vanessa Hudgens and Ashley Benson.
We know absolutely nothing about the movie Spring Breakers, and yet we have a feeling it is going to be a rollicking good time.
Plus we're hearing that the film got a standing ovation at the Venice Film Festival, so there's that.
Ch-ch-check out the insane clip (above) and see Franco show off his designer shirts!