Chuck Norris, The Finisher (2015) What Happened To The Movie

Way back in 2014 Chuck Norris announced in an interview he would begin filming a new movie titled The Finisher, from all that I know Norris was to play a retired hitman. In the video below he mentions it, also he seems very keen on making the movie, so I am very curious to find out what actually happened, did Chuck pull out? Did funding fall through? If anyone knows please leave a comment, as I can find nothing on the subject of it getting cancelled online.
