Sly is set to star in a new movie with Jason Statham, according to Variety:

Sylvester Stallone is set to star in and helm “The Expendables” for Nu Image/Millennium Films.

Stallone, who also penned the script, will be joined onscreen by Jason Statham, while Jet Li is in final negotiations to join the actioner.

Pic follows a team of mercenaries on a mission to overthrow a South American dictator. Lensing starts in February in Costa Rica and Louisiana.

I still like Stallone, and you have to tip your cap to a guy who is still doing what he loves when he’s over 60.  The blurb from Variety isn’t very informative, but it tells us at least the premise of the movie.  And also when “lensing” starts.  What the hell is lensing?  Is that like bukkake when the girl wears goggles?  I think it might mean filming, but I’m gonna stick with my definition.