Micronauts as well as a fourth Transformers film were listed as priorities during a Hasbro earnings conference call.
For a bit of background on Micronauts (which also became the subject of an anime series), here's what Wikipedia has to say about the franchise: "Micronauts is the North American name for the Microman toy line created by Japanese toy company Takara (later absorbed by TOMY). First released in Japan in 1974, Microman toys were imported to the United States by the Mego Corporation in 1976, under the "Micronauts" name. The line consisted of 3.75-inch-tall (9.5 cm) action figures, vehicles, robots, play sets, and accessories which used a universal, 5-millimetre (0.20 in) inter-connective design. Although the line was commercially successful, Mego cancelled it in 1980." Hasbro eventually gained the rights to the property.
There has also been a number of comics on the subject. Again, turning to Wikipedia: "The Micronauts began life as comic book characters thanks to a Christmas 1977 fortuitous accident. Marvel Comics writer Bill Mantlo's son Adam opened a new present, a line of the Mego Corporation's Micronauts action figures. Seeing the toys, Bill Mantlo was instantly struck by inspiration to write their adventures. Convincing then-editor-in-chief Jim Shooter to get the comics license for these toys, Mantlo was hired to script their series.
The first series of the Micronauts ran from January 1979 to August 1984 and included 59 issues and two Annuals. The series was written by Bill Mantlo and featured art by Michael Golden, Howard Chaykin, Pat Broderick, Gil Kane, Butch Guice and others. As of #38, the series was no longer available from newsstands and was sold via direct distribution only.
"In the United Kingdom, The Micronauts was first included as a supporting strip in Marvel UK's Star Wars Weekly comic in January 1979 for several months and then in the first nine issues of Star Heroes Pocketbook (alongside Battlestar Galactica) before joining new Future Tense reprint anthology. Unlike the U.S. version, these strips were printed in black and white. From 1983 to 1984, a Special Edition series was published (#1-#5) that reprinted issues #1-#12 and a back-up feature from #25. In 1984, a four part miniseries featuring the Micronauts and the X-Men was published, co-written by Mantlo and Chris Claremont and drawn by Butch Guice.
"The second volume of Micronauts, subtitled The New Voyages, was published from October 1984 to May 1986 and was numbered from #1 - 20. The series was written by Peter Gillis and featured early-career artwork by Kelley Jones. After this series the Marvel-owned license lapsed. From the late 1990s the characters Marionette, Arcturus Rann and Bug (all Marvel properties) have appeared in various Marvel titles (without referencing the Micronauts label). Bug has appeared in a solo one-shot and together with cosmic hero Star-Lord, is part of a new incarnation of the Guardians of the Galaxy.
"In 2002, a new series by Image Comics was published that ran for eleven issues before its cancellation in 2003. The same year saw a four-issue limited series featuring Baron Karza's origin and his relationship with the Time Traveler entity.
"In 2004, a new series was launched by Devil's Due Publishing, mixing new characters with those based on the toy line. The series ran for three issues and featured art by former Micronauts artist Pat Broderick. More issues were solicited, but never appeared on shelves despite some cover art being released.
"Kinetic Underground, Inc along with its affiliated company Kinetic Komicz started development on a new Micronauts comic series which was stalled by Takara Tomy Co., Ltd . The new Micronauts comic series was going to establish the new worlds, stories and characters that would eventually lead up to Emmett/Furla Films and Gale Anne Hurd’s version of the Micronauts. In 2006 Micronauts and Capcoms Killer 7 were going to be the launch titles for Kinetic Komicz digital comic platform ComicCasting.com and ComicCasts.com."