Michael Gilio wrote untitled Universal script

Universal has acquired an untitled Michael Gilio script that the studio will develop as a potential directing vehicle for Gore Verbinski.

Gilio titled his script “Black Hole” when it was included on the Black List, an unofficial Hollywood tally of promising unmade scripts. Pic was set up under Verbinski’s Blind Wink Prods. banner. Verbinski will produce with Scott Aversano, the former head of Nickelodeon and MTV Films.

The drama focuses on a retired rancher who responds to a phone solicitation swindle that wipes out his savings. “The script taps into the shaken trust the public has toward once-trusted institutions and examines how the people behind these institutions are sometimes themselves as much victims of the same blind trust,” said Blind Wink senior veep Jonathan Krauss, who’ll be involved in a producing capacity.

Gilio is a Chicago-based actor who previously wrote, directed and starred in “Kwik Stop.”

Verbinski is at work with “Pirates of the Caribbean” cohort Johnny Depp on “Rango,” the John Logan-scripted animated film that Paramount will release in March 2011. Blind Wink is producing with Graham King and John Carls.

Blind Wink was formed at Universal after Verbinski made a deal with the studio to develop an adaptation of the Take-Two vidgame “Bioshock” to direct.

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