Unfortunately some times when a horror series is starting (or in some cases ending) its downward spiral, the studio for what ever reason will end up changing venues for where it releases the latest sequel for that particular horror movie franchise!
One of these it looks like it will be, Lake Placid: The Final Chapter!
Starring: Robert Englund (A Nightmare On Elm Street), Elisabeth Röhm (Angel) and Yancy Butler (Drop Zone). Currently there is no official plot for the movie, but considering the talent that is attached to the project! This is sure to be a fun one!