Got my info from Ain't It Cool. Believed that the dude who worked on the games and wrote some books connected to the era is working on a script. That's All. Grain of Salt should be taken. And Harry made a good point that no matter if possible developement is going on for a KOTOR project or any Star Wars related project, Episode 7 is top priority. So even if this idea were true your not gonna see it for many many years, if it all. Stuff like this can get shelved easy.