Apparently Tim Story has his hands full working on Fantastic Four, or so he said on his blog. Here is what Tim has to say about the progress of Fantastic Four 2:
I've been going crazy prepping this thing. Just got back from Vancouver, which is of course where we will be filming the movie, and things are shaping up. It's the hard part of the phase where I have to make the ..'s work. Even with 100+ mil, there's never enough money. Looking at the plan for the new Baxter Building interior and it's going to be hot. We're going more high tech and we're giving Reed Richards and the gang more gadgets this time around. The "4" logo will be everywhere as we are used to seeing it. They are a corporation now.
I'm going to use some looks that have been inspired from more recent comics, like in "The Ulimate Exstinction" and a little from the "Ultimate Fan Four" series. I know what you're thinking "Kirby, Kirby, Kirby!" There will be much props given to Kirby throughout the movie. What I'm really excited about is the Fantasticar. It's coming guys in all it's glory. Wait until you see it. It's going to split in pieces and all that. Johnny and Ben fight over who should fly it. All the fun you expect.
Anyway, I'm jumping off. My kid's bday is today and I gotta set up a jumper and blow up balloons. Can't get in trouble. Sorry I haven't been giving you guys more info on a regular basis. I will. Undersatnd there's always so much secrecy with this stuff but I'm going to continue to share in every way I can. Hopefully I'll be able to show some pictures in the near future. I want to keep you guys close to this process. It's going to be fun.
The sequel to Marvels comic adaptation "Fantastic Four" will also be directed by Tim Story who helmed the first part. No story has been confirmed yet, but Jessica Alba, Michael Chiklis, Chris Evans and Ioan Gruffudd will reprise their roles as the "Fantastic Four".