UPDATE: Producers of the upcoming Spring Breakers sequel have taken James Franco to task for badmouthing their yet-to-be-shot film.

Speaking to Variety, Chris Hanley — who’s co-producing the project with Roberta Hanley and Jordan Gertner — isn’t mincing words about James’ comments, calling them hypocritical.

“Let’s see if I can remember all of the sequels James has done,” notes Chris. “[There’s] The Great and Mighty Oz, Spider-Man, Planet of the Apes… And he’s pushing hard to help set up the Pineapple Express sequel. I guess he thinks only ‘too big to fail studio films’ are the artistically valid ventures.”

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It’s probably safe to say that James Franco will not be appearing in Spring Breakers: The Second Coming, the proposed sequel to his 2012 cult hit that the production company Wild Bunch recently revealed was in development.

“It will be a terrible film, with a horrible reason d’être: to make money off someone else’s creativity,”; Franco wrote on his Instagram page today.

According to Franco, neither he nor the film’s writer/director Harmony Korine gave their consent for a sequel. “Can you imagine someone making the sequel to Taxi Driver without Scorsese and De Niro’s consents? Insanity! I’m speaking up for Harmony and his original vision and for any creative person who cares about preserving artistic integrity,” wrote the Rise of the Planet of the Apes and Oz: The Great and Powerful actor.

Spring Breakers: The Second Coming will be written by acclaimed Scottish novelist Irvine Welsh (Trainspotting) and directed by Jonas Akerlund (Spun). The plot will involve a group of hard-partying young women on spring break in Florida who square off against a group of militant Christians.