Some background info about the film at the above link, including the following:
Keith Sweeney, a producer for Dalliance Films, a Charlotte, N.C. indie film company, spoke with AfterElton.com confirming that Timing is currently in development with pre-production scheduled to start in late winter/early spring. The budget is slated at approximately three million dollars.
Both Ferguson and Maher have signed letters of intent for the project, but offers won't officially be extended until later in the process with hopes that both actors' schedules will allow their participation to take place as planned.
Fingers crossed!!! :D