By Staff (media@latinospost.com) | First Posted: Apr 18, 2015 05:53 AM EDT

Here are the latest updates on the upcoming "Power Rangers" movie reboot!

Comic Book earlier had the chance to talk to Green Ranger Jason David Frank. In the interview, Frank was asked about the upcoming "Power Rangers" movie.

When asked whether the movie officially have Dean Israelite as its director, Frank said that negotiations are still ongoing.

"I don't know if he's 100%. I know they're looking at him, but I don't think it's a done deal. I know they're in talks with him right now. They're still negotiating a deal. We'll see see who ends up directing this thing," Frank told Comic Book.

He also admitted that he does not have much knowledge about the upcoming movie and that he does not even know when it would come out in cinemas. "It's pretty secretive, man. It's a big Lionsgate project, so I'm sure I'm the last guy they're gonna tell because I have a huge social media fanbase," he was quoted as saying.

Master Herald earlier reported that Lionsgate and Saban Brands are planning to tap Dean Israelite to be the director of the much-awaited "Mighty Morphin Power Rangers" Reboot Movie. The news outlet also revealed that Israelite who is known for his work "Project Almanac" is a "huge fan" of the franchise.

The news outlet also revealed that Lionsgate and Saban initially eyed Roberto Orci to be the director of the movie but he quit in November as he reportedly accepted the directorial job for "Star Trek 3."

The upcoming "Power Rangers" movie reboot is reportedly set to hit theaters in July 2016. Screen Rant said the movie is produced by Brian Casentini, Allison Shearmur, and Haim Saban and the script is being written by Ashley Miller and Zack Stentz, who both earlier worked on "Thor" and "X-Men: First Class."

According to the movie synopsis provided by Screen Rant, the upcoming movie is "a modern reinvention of the Mighty Morphin Power Rangers, a group of ordinary high school kids who find themselves infused with extraterrestrial powers and must harness those powers as a team to save the world."

To date, no cast list has been revealed but Movie Pilot earlier listed some possible actors which included Morgan Freeman as Zordon; Lena Headey as Rita Repulsa; Emma Watson as Kimberly Hart; Freddie Highmore as Billy Cranston; Malese Jow as Trini Kwan; Ray Fischer as Zack Taylor; Jack O'Connell as Jason Lee Scott; and Luke Pasqualino as Tommy Oliver.

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