The director of the original movie explains that he has been too busy to lock a script, but that he is constantly working on perfecting the sequel's storyline.
Here is what he said.
"Well, you are going to see it - we just don't know when [laughs]. At the moment we are talking about the story quite a lot. Drew Goddard, who wrote the original, is going to pen the sequel and J.J. Abrams is very much involved. However, the three of us have been so busy that getting the right idea together has been taking a long time."
About the sequel taking place in real time, and being shot fauxumentary-style, Matt Reeves had this to say.
"You see, that's a difficult part: we want it to be shot like the first but how can you continue that idea successfully for a second time? We have a lot of affection for the original and the sequel can't just be the same thing. But that is tricky when you need to have a monster destroying stuff once again."
Cloverfield 2 is in development .