V Confidential: Men In Black 3 Greenlit?

VIBE hears that Sony will move forward with the third installment in their billion dollar franchise Men In Black 3. The big question is whether Will Smith is going to be cashing in on another extraterrestrial check. No word yet on Will’s involvement, but he  better make up his mind fast. The script is being written by Ethan Cohen who wrote Tropic Thunder–we wouldn’t want Robert Downey Jr. swiping Big Willie’s spot.