At this point pretty much everyone knows that Gearbox Software is working on Borderlands 3 or at least a new installment in the series that might end up with another name. It is not a well-kept secret. It does not have to be but the developer is certainly acting like it should.

While hosting a panel at PAX West over the weekend, founder and CEO Randy Pitchford teased (via DualShockers) that 90 percent of the studio is currently busy “working on the thing I think most of you guys want us to be working on.” This was shortly after he mentioned that majority of the audience members are likely to be great fans of the role-playing franchise.

However, he refrained from mentioning Borderlands 3 by name. He backed it up by stating that “a product does not exist until it’s announced” and as we all know, Borderlands 3 is yet to be officially announced.

There have already been multiple leaks about the development team. Scott Kester, art director of Battleborn, is said to be working on Borderlands 3 in the same capacity and Mikey Neumann, lead writer on the series, is said to have returned for the new installment.

Last year, parent company Take-Two Interactive revealed that it is expecting a major game to release between April 1, 2018 and March 31, 2019 from Gearbox Software. Many have taken that timeline as an indication for Borderlands 3.

Borderlands 2 is undoubtedly the best installment in the series and one of the best action role-playing first-person shooters around. It took home a number of accolades, majorly for its amazingly hilarious script and memorable characters. Borderlands: The Pre-Sequel arrived in its wake and was met with mixed reviews. There were those who found it as another great installment, which it probably is, but others saw it as just another clone of its predecessor with nothing more to add.