According to Entertainment Weekly, Michael Bay spoke the following thoughts:
When we were writing the script, I said to the writers, “I hate sequels that try to make it to the third movie. Pretend like we’re never having a third movie, so let’s go for broke on the second one. I hate those cliffhangers! Let’s just make this movie stand on its own.” I really feel this movie is not a forced sequel. I think the script is really good, and I think it’s got a lot of new stuff in it. There are a lot of rumors out there, but we’ve released a lot of fake stuff. We’ve done a really good job of keeping things secret.
This sounds like some good news for the next Transformers film, Revenge of the Fallen. It’s great to hear they’re working hard to not fall down the awful path that most sequels take. Along with the Transformers update, Michael Bay goes on to talk about his two other films, Friday the 13th and Ouija. Read the interview at EW.com.