Bloody-Disgusting is reporting that the official title for After Dark Films upcoming sequel BUTTERFLY EFFECT 3 will now be BUTTERFLY EFFECT: REVELATION. On top of that, the article also claims that After Dark Films is in final negotiations with director Anthony Leonardi the III to helm the movie. (Leonardi directed the acclaimed short film EXISTENCE)

From our previous post, the new BUTTERFLY EFFECT "centers on a young man discovers he has inherited the powers of "The Butterfly Effect" and attempts to solve the mystery of his high school girlfriend's death using his newfound ability, only to unwittingly unleash a vicious serial killer."

Rumor has it that the 8 FILMS TO DIE FOR has been pushed from November 2008 to January 2009. We'll keep you posted!