What follows is actual excerpt of an actual convo with Jay Chandraskehar and Kevin Heffernan of Broken Lizard, the creators of Super Troopers and BeerFest:
We're hoping to make Super Troopers 2 as a group if we can work out a legal situation with Fox Searchlight. ...
We've written a script, we've handed it into them, they loved the script.
We have an issue with the first film and the accounting so if that can all be resolved, I think we'll end up making it.
To sum up -- Super Troopers 2 is a go, pending approval. Meanwhile:
We'll also probably make Potfest, which was a joke, but then Willie (Nelson) said he would do it, and Snoop Dogg and Cheech (Marin), they both said they would do it and we're like, "We can probably do this." You go into the TSA, that's the number one movie they ask for. I think there may be an audience for that.