In a move already being touted as the final nail in the coffin of his career, Steve Guttenberg announced that he is to direct himself in a film, which he has written, about himself.
Most dangerously, due to limited finance opportunities, Guttenberg has been forced to bankroll the film himself. The sale of his home in order to do so, has caused Guttenberg to currently reside in the basement of the home of Ted Danson.
Announcing the move at the Sundance Film Festival at a deserted press conference, Guttenberg described the idea as "canny" and that he believes "this film will show the film going public a side to me that they were not aware of".
A film executive who wished to remain anonomous suggested "This proves how bad things are for Steve. Ever since Cocoon:The Return, Steve has lost more and more perspective on filmmaking and this is be the last chance saloon for him"
Guttenberg, 50, is most famous for his role in the 1987 smash hit "Three Men and a Baby", as cartoonist Michael Kellam. Guttenberg famously described himself as "shocked, shocked and appalled" when his performance in the film was overlooked in the 1988 Oscars.
Filming begins in Mexico in June.