Untitled G.I. Joe movie

In 2003 Don Murphy and Hasbro planned to adapt G.I. Joe into a movie.

Plot
Unknown.

Why It Was Cancelled

 * 1) The U.S. invaded Iraq and Hasbro thought the movie would be seen as war propaganda.
 * 2) Hasbro decided to do Transformers instead.

Result

 * The film was cancelled.
 * G.I. Joe got later got a film adaptation.
 * Transformers replaced G.I. Joe.