I wish there was good news, but all that I hear is that no one is interested in distributing the movie and now the production company is trying to find a way to get it out...
no one is interested in distributing the movie/dvd because, i guess, the plot is not interesting/marketable enough
look at "sunshine cleaning," it's an indie movie with no big names just like "waking madison," but "sunshine cleaning" got picked up by a distributor, but of course, "sunshine cleaning" got buzzed after it entered in a film festival (or maybe a bunch of film festivals)
film festivals are good routes for movies to get buzzed and get picked up by distributors all over the world, but it costs money (not just a couple of hundreds dollars) to enter a film festival