Ryan Reynolds is a Transvestite?

You know, you could tell us that and we'd believe you, but it's just a rumor about his next movie.

Working Title is employing Alan Loeb to pen the next Ryan Reynolds comedy vehicle. The project, as of yet untitled, is a "dude-in-drag romantic comedy, with Reynolds playing a jilted lover who must disguise himself as a woman and befriend his ex in order to win her back."

Well, I guess it has been a while since we've had a good cross-dressing comedy. No, I'm not counting White Chicks...

With Reynolds busy with several other high-profile projects, one has to wonder where on the totem pole this project lies.

Working Title has a first look deal with Universal.