Is it true that there will be a Cloverfield 2?

Is it true that there will be a Cloverfield 2?
Titan777

JJ - There is an idea that we are working on that I hope will come to fruition. We are playing with it right now. Obviously we don't want to commit to something we don't love and feel inspired by but we have a pretty cool idea we are playing with.

-- The Guardian Live Webchat with J.J. Abrams