On Monday, it was widely /transformers-4-and-5-could-shoot-back-to-back-with-jason-statham-starring/reported that Paramount Pictures and Hasbro are looking to shoot Transfomers 4 and it's sequel Transformers 5 back-to-back, and that Hasbro was in talks with both executive producer Steven Spielberg and director Michael Bay to come back for the further adventures of the Autobots and Decepticons.
Last night, Michael Bay jumped on his own personal forum to offer an update, claiming that these reports are false. That he is not 'in talks' to direct Transfomers 4, and that he is instead focusing on the low budget crime thriller Pain and Gain. He is also weighing other possibilities. His only current involvement with the Transformers franchise is that he is putting the finishing touches on a 3 disc trilogy set for the home market.
Here is his direct quote.
"I am currently not talking to Paramount on T4 and T5 despite reports. I'm looking at a lot of possibilities coming my way right now weighing options. Most likely going to be doing the low budget Pain and Gain, a true story crime thriller. It's a very quick shoot and quite funny. Also just finishing the 3 disc set of the Transformers trilogy."