Pretend it's 1997, and the buzz is that MGM wants to continue the adventures of Colonel O'Neill and company. However, Roland Emmerich and Dean Devlin aren't available, so MGM execs are looking for people to fill their shoes.
Now pretend you're a Hollywood writer with an interest in the original movie, and create a pitch for continuing the franchise. The format doesn't matter; it can be film, tv, comic book, whatever, and you can make the pitch as detailed or as vague as you want.
P.S.: This may or may not be the right forum for this kind of a thread, so move it if it's not.