Trancers 2 on Bluray next?

I've heard Charles Band mention a couple times that Trancers 2 is getting a Bluray release next. I was wondering, were the Trancers sequels shot in 16X9 originally? I'm not sure why they would have been when at the time they were making them for direct-to-video to be viewed on square television screens. A lot of the framing in Trancers 2 is head on shots of actors, sometimes talking directly at camera, which is super clumsy filmmaking, even if 4X3 was their canvas. Just wondering if we're going to get more of the image in a bluray transfer or if it will just be closing into the image to do fake 16X9.