Mysterious Lights spotted over Chicago (UPDATE)

(CBS) - An unusual sight was reported by some residents of Chicago's South Side Saturday night - mysterious lights flying over the city.

Nicole Dragozetich was driving when she noticed at least a dozen people stopped in their tracks, staring at the sky.

Dragozetich used her cell phone to shoot video of the UFOs and described the strange occurrence.

The lights which were orange and blinking in unison flew together. They traveled at first in a straight line and then made patterns, Dragozetich said.

UPDATE: The UFOs are now reportedly IFOs (identified flying objects). AOL News' Lee Speigel reports that the lights were sky lanterns released in honor of abuse victims by the Baby James Foundation.