The Sly Stallone death hoax wasn't funny guys…I seriously thought another Expendable movie was never going to be made again — let's hope for at least 5 more.

But thanks to miracles (not talking about Sly's hair) Sylvester Stallone is still walking the earth… but maybe not as we expected.

Last night, we ran into Sly, his wifey Jennifer Flavin and his big homie Frankie Avalon at Madeo Ristorante in BH and he was quick to tell us — "actually it's true, I am not here, I am with the Walking Dead cast."

Zombie Sly is as cool as the human one.