Robert Sanchez from The Movie Reporter.com posted this on January 6th:
Sly Stallone and his brother Frank showed up at last nights VW shindig and we had to ask what was going on with these two [Rocky and Rambo – Craig] long rumored projects. To my surprise Stallone mentioned that he had meetings that same day regarding Rambo and that both projects are in the works.
For the full report click HERE.
Thanks to Jamie Eade for the tip! – Craig