Michael Bay’s next isn’t Transformers 3
Based on a science fiction series about a “group of nine earthbound alien teens who escaped their planet just before it was destroyed by a hostile species”, according to Dark Horizons. I am Number Four will be produced by Michael Bay and again Steven Spielberg like they did for Transformers, with James Frey writing.
Source: Variety
I heard he was doing a “small” film a while back, but to be honest I want him to move on to Transformers 3 already.