Arnold Schwarzenegger is in talks to co-star in Steve Pink’s remake/reboot of “The Toxic Avenger”.
The action-comedy will follow a 17 year-old high school student who gets dunked in toxic waste by a corrupt chemical company. He survives with the ability to transform into a monster with superhuman strength and becomes an unlikely hero.
Schwarzenegger is in negotiations to play the character of “The Exterminator,” a former black ops agent who trains the protagonist to use his powers for good.
This movie will be a comedy so expect lots or at least a few nods or throwbacks to the Terminator franchise.
As always we stress that the next Terminator movie should not portray Schwarzenegger or the Terminator character in a comedic or lighthearted fashion. T3 gave us too much of it and the sickening taste of one-liners and stupid out of character performance and dialogue will not be accepted by fans a second time around.

When exploring his options for a 3rd Terminator movie Arnold was unhappy with early scripts due to lack of “one-liners”.
Comedy Arnold + Terminator = FAIL
Comedy Arnold + The Toxic Avenger = A possible success