Unforgivable that we've never gotten an explanation

I remember seeing the trailer for this attached to "The Mist" way back in 2007. I was a senior in high school. Now, seven years later, I'm a soon-to-be grad student and this movie is still sitting somewhere on a shelf. What happened? Why haven't the producers/directors/writers/studios ever given anyone a proper explanation as to what happened to it? It's the only film I've ever known of in my lifetime that actually got as far as having trailers/posters make it to the cinema, but the film itself never making it.

Considering the fame of the Dowdle brothers (hell, they've got a movie in theaters right this second), it's inconceivable to me that this hasn't even made it to DVD/Blu-ray. Really though, I just want an explanation as to what happened and where the movie is, and I think someone should open their freaking mouth and just tell us what the deal is. For awhile I thought it was some elaborate marketing stunt to get the public to think "Oh my God, this must be a real snuff movie, and that's why they pulled the plug," but almost eight years down the road, I don't think that's the case.