The IESB reports that Paramount is asking both parties hired topen a "G.I. Joe" script to finish their drafts at the same time.

Script #1 is being penned by Skip Woods ("Swordfish"), is considered an 'origin story', and was reviewed poorly online not long ago.

Script #2 is by David Elliot and Paul Lovett ("Four Brothers") and is said to be more of a straight-up adaptation of the series. That was reviewed as well with a more positive result.

Woods is now expected to complete his version, whilst Elliot and Lovett will begin a third draft. The studio will then either make a choice or more likely combine elements of both.