Over at the site known as Moviehole, the individual known as "mink" stopped by to do an interview concerning the third Mortal Kombat film. mink is the current attached director to the project. While not much new was given concerning the movie, he did confirm it was still in the planning stages, though nowhere near a production state yet. From the article:

The status of the film, as of today, is that "...the Producers are working out their deals with the studio and arranging their financing", says the director, who helmed Steven Seagal's "Into the Sun".

mink says the project isn't so much a sequel as it is a "re-envisioning(if that is a word) of the Mortal Kombat franchise from top to bottom. Todays audience is a savvy involved group so the film must be A plus plus in every area in order to capture the magic of the first film. It is taking the entire concept to the next level across the board in every area visual design, story, cast, FX, photography and most importantly the fighting scenes. The original Mortal Kombat game was born a child of many visual loves by the creators at midway so this latest version borrows heavily from that pioneering spirit and must be thought out and executed at the highest level in order for it succeed in today's market place. This is no overnight task."

...

Though Drew McWeeny and Scott Swan wrote the original draft of the script, "the writing has been handled by the Producers and their writers at Threshold Studios in conjunction with Midway, of course."

Meanwhile, at our network site, the Unofficial MK3 Movie Page, Shinnokxz reports that while Drew McWeeny was mentioned in the interview as having written the original script, he has stated via the website Ain't It Cool News (at which he works) that he has had no recent involvement with the movie.

I haven’t had any contact with these producers for years now, and I have no idea what forward progress is being made or what script they’re using. I’ll know when everyone else does.

To read the original Moviehole article, click here. To read Drew McWeeny's report on AICN, click here.

Our thanks to Clint at Moviehole and for letting us know about this new article!