Billy Bob Thornton I'm Out of the Loop On 'Bad Santa' SEQUEL

8/8/2011 5:45 AM PDT

Billy Bob: I'm Out of the Loop on 'Bad Santa SEQUEL'

It's not a good sign for "Bad Santa" fans hoping for a sequel when Billy Bob Thornton says he doesn't "know much" about the TWO scripts that are reportedly in the works.

Then again, after "The Hangover 2" ... maybe we don't need a sequel.