Where there’s smoke there’s fire, but none of us really know what the deal is between Guillermo del Toro and Legendary/Warner Bros. Pictures regarding the Pacific Rim franchise.

Warner Bros. isn’t exactly getting behind the sequel publicly, which is a bit odd considering they’re already planning multiple King Kong and Godzilla films, and even a matchup between the two. And Legendary now has a deal with Universal, where del Toro’s Crimson Peak underwhelmed at the box office.

So, will there be a Pacific Rim sequel?

All reports as of late seem to indicate its imminent death, which is news to del Toro. The director recently turned in a new draft of the script and adjusted the budget accordingly, but was that just the studio spinning wheels?

None of us know what’s really going on, but del Toro is assuring us all that Pacific Rim lives and that he’s going to remain with it one way or another. What does that mean? If I’m reading into this tweet, it makes me think someone else is directing it. But let’s not be rash and read into anything posted on Twitter.

Personally, I don’t think Pacific Rim is very good, anyways. Neither is Crimson Peak, or “The Strain” for that matter. Oh, hell, neither is Hellboy II. Someone help me here…

Pac Rim 2 cancelled? Don't believe everything you read. It's still going and I'll remain w it in one way or another!

— Guillermo del Toro (@RealGDT) January 11, 2016