Arnie & Arnold Heading For "TRUE LIES 2"?

Tom Arnold has said that there is a completed script by Jame Cameron and Jeff Eastin, who's the creator of a TV show called "White Collar".
Tom Arnold has spoken to Arnie and they are both excited to do a sequel. He did though confirm that James Cameron wouldn't be directing it, he'd most likely be producing it. Arnold and Arnie have both read the script that will hopefully make it to the BIG-screen very soon.