AceShowbiz -

Getting pissed off following Paramount/DreamWorks Pictures' announcement to become exclusive to HD DVD in releasing movies instead of launching them on both Blu-ray Disc and HD DVD, Michael Bay had expressed his disappointment by claiming he will not do a sequel to his summer blockbuster "Transformers."

"I want people to see my movies in the best formats possible. For them to deny people who have Blu-ray sucks!" so he wrote as posted on ShootfortheEdit.com. "They were progressive by having two formats. No Transformers 2 for me!"

But fear not Transformers fans, it turns out that Bay only got over reacted in responding to the companies' decision as the man has since come up with an explanation on his site describing why he ended up typing the shocking statement.

"Last night at dinner I was having dinner with three Blu-Ray owners, they were pissed about no Transformers Blu-Ray and I drank the kool aid hook line and sinker. So at 1:30 in the morning I posted - nothing good ever comes out of early am posts mind you - I over reacted," he admitted. "I heard where Paramount is coming from and the future of HD and players that will be close to the $200 mark which is the magic number. I like what I heard. As a director, I'm all about people seeing films in the best quality possible, and I saw and heard firsthand people upset about a corporate decision. So today I saw 300 on HD-DVD, it rocks! So I think I might be back on to do Transformers 2!"