On November 13th Jason Frazier posted the trailer for the Peter Panzerfaust motion comic. I asked a question, he replied:
"To my knowledge, it's been fully produced and completed - as far as this animated motion comic - but the production companies involved are still deciding exactly how they want to approach the final presentation (platforms, timing) of the project. Regarding the live-action series that was in development, I haven't heard anything yet to the contrary, so I assume that still might be happening. Hopefully we'll ALL know more soon! Jason"
Not sure if it means anything that one of the actors has posted the trailer for it on their channel, but it was nice to get some information. My question and his reply are in the comment section.