The trailer for Simon Pegg's latest movie, "Absolutely Anything," has just been released. The movie, which will hit movie screens in August features Pegg as a character who is granted powers to make all his wishes come true.

The trailer for "Absolutely Anything" shows Pegg as a school teacher named Neil Clarke. Clarke is living a mediocre life, and he is unhappy about it. Suddenly, aliens give him the ability to make any of his wishes come true. Incidentally, the aliens are voiced by actors from "Monty Python," and they include John Cleese, Terry Gilliam, Eric Idle, Terry Jones, and Michael Palin.

The aliens' purpose in giving this power to Clarke in order for him to save the earth from total destruction. Of course, Pegg's character commits all sorts of mistakes upon being granted absolute power.

In a recent interview with Empire magazine, "Absolutely Anything," writer Terry Jones, who penned the movie said that the idea for the movie was inspired by a short story by H.G. Wells. In the "The Man Who Could Work Miracles," a character named McWhirter Fortheringay, unexpectedly gets limitless power to make anything happen while he is in deep discussion about the possibility of miracles an English pub with some friends.

In the course of the wielding of his powers, he causes the earth to stop moving and makes everything go awry. But he is able to save the earth using his last two miracles.

The movie "Absolutely Anything," follows H.G. Wells' plot closely, but science fiction and comedic elements have been thrown into the mix. There are even zombies in the story, as a nod to Pegg's popular movie "Shaun of the Dead."

Catch Simon Pegg and the "Monty Python" crew in "Absolutely Anything," when it hits theaters on August 14. In the meantime, watch the trailer here: