The Hollywood Reporter
http://www.hollywoodreporter.com/heat-vision/paramount-postpones-michael-bay-produced-677582
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Insiders say the release is being postponed to give Bay, who has been busy directing the mega-tentpole Transfomers: Age of Extinction, which opens June 24th, the opportunity to focus on the smaller movie.
Paramount is now mulling a new release date during the summer or fall.
The directorial debut of Dean Israelite, the film was written by Jason Pagan and Andrew Stark and stars Amy Landecker, Sofia Black-D’Elia, Ginny Gardner, Jonny Weston, Sir Maejor, Patrick Johnson, Gary Grubbs, Allen Evangelista, Anthony Reynolds, and Alexandra Bartee.
Synopsis
A group of friends discover classified military technical plans which they put together to build a device for jumping through time.