Will Smith, Jada Pinkett Smith and Tom Cruise leave a meeting at Saddle Ranch Chop House in West Hollywood - July, 2010

*Based on several online reports, Tom Cruise was among a celeb-packed table read held recently for a new film project from Will Smith’s Overbrook Entertainment.

The all-star table read took place earlier this week for “Paper Wings,” about a bull rider who falls for an upcoming country singer.

Reese Witherspoon is reportedly set to play the country singer, while Gabriele Muccino (“Seven Pounds”) has been approached about directing, reports Dark Horizons.

Spotted attending the table read at West Hollywood’s Saddle Ranch Chop House restaurant were Will and Jada Pinkett Smith, Anna Kendrick, Milo Ventimiglia, Eric Dane, Chad Michael Murray, Tate Donovan, Tom Skerritt, Tom Arnold, Johnny Galecki and Jenna Elfman, according to reports.

A rep for Overbrook told Access Hollywood that “any actor’s presence at this table read does not mean that they have officially signed onto this project.”

Amusingly much of the initial press surrounding the event mistook it for some sort of Scientology seminar.