If they were working on it, they would be shouting it from the rooftops--or from their PR agency, in any case.

And at least a year before release, they would start taking out ads, scheduling magazine interviews, and releasing screenshots and all those stupid little tidbits of useless internal information that please about 15 pre-teens. Show me an RPG in the last several years that hasn't received this treatment.
If it isn't being pushed, I strongly suspect it's because it's either not being made, or more than a year off in release.