We showed the teaser trailer for Tim and Eric’s Billion Dollar Movie. Like most teasers, it offered very little in the way of details, but we did know it contained #shrim. We didn’t have to wait long as IGN just premiered the red band trailer. Highlights include Will Ferrell yelling “tequila!” while shooting a gun, Will Forte double fisting middle fingers, Zach Galifianakis in complete and utter shock, Chef Goldblum, John C Reilly eating fingers, and Robert Loggia chopping off fingers and hungering for human hearts. Though the budget isn’t a billion dollars, it definitely looks significantly better than one of their regular episodes. Check it out after the jump.

Well, what does the most expensive movie ever made look like? We get just the slightest taste / whiff with this teaser trailer for Tim & Eric’s Billion Dollar Movie. It was already one of the most anticipated movies of 2012, but now it very well could be the most WTF cinematic adventure of all-time. What do we learn from the trailer? Other than somehow some way it will be available on demand in late January, a full month before it hits theaters on March 2nd. Oh, and also, #shrim. See what we mean after the jump.

Last week there was a rumor going around that Tim & Eric are producing a feature film starring John C. Reilly called Tim and Eric’s Billion Dollar Movie. The rumor has been confirmed by Eric via Twitter saying the film is in pre-production. Great job! Check out a video produced by the duo while they were in film school after the jump!

Another gut-buster from Adult Swim’s Tim and Eric’s Awesome Show Great Job!, this one features Dr. Reid Tamaranda from the American Bones Institute. He desperately needs your spare bones!…Why? Check out the whole episode here if you jonzing for some context.… Click to read more