A quick internet search led me to countingdown.com, where this is listed as TBA. There’s only one comment posted, where the person states that Elmore is 78 years old now - so I’m suggesting this is quite an old snippet.
It also states that Gene Hackman will be starring; again which is strange, as he appears to have stopped acting. I seem to remember reading, a couple of years ago, an interview where he said that he had no scripts lined up and would be retiring. That said, someone please tell me if I’m wrong - you tend to get a little out of touch with things here - the news and reports being very insular.
At best, I think the content on the site was pure speculation.