This is The Last Bit of News We Heard From Universal Studios And Bryan Singer. Is There Something They Both Want to Confess to?

http://www.deadline.com/tag/battlestar-galactica/

And take note of the date of the last bit of news....

October 2011

So...When are we going to find out that Universal Studios and Bryan Singer have shelved this project (for no rational reason) again....for a third time?