Entertainment Weekly talked to Michael Bay who didn’t reveal much about Transformers: Revenge of the Fallen, but did say the following:
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.
He also commented on the films he’s producing, including Friday the 13th (he says “You’re just not going to believe the first 12 minutes! It’s a twist in itself.”), Nightmare on Elm Street and Ouija. You can read his quotes here.