Source: Variety

The Butterfly Effect poster

John Leonetti, who directed "Mortal Kombat: Annihilation," has been tapped to helm from a script being written by Michael Weiss.

The story will follow a new character who, like Kutcher in the first, finds he can travel through time. As he changes past events, though, they have unexpected consequences in the present.

The film is on a fast track, with casting set to start as soon as a script is delivered. Producers hope to start shooting by the fall. The Butterfly Effect was made for around $13 million and grossed $58 million domestic when it was released last January.

{mosgoogle}