"Cube 3" and a prequel on the boil?

Bloody Disgusting reports that a third film in the "Cube" series looks like going ahead. According to a scooper for the site, "Lions Gate Films (who bought the rights for the Cube sequel from The Feature Film Project in Canada) are holding all rights to Cube sequels as well as all Cube prequels. As I work in the film industry myself I can only tell how mazingly stupid it would be to buy the rights for a project and then never use that opportunity. The chances of seeing Cube 3, and as a prequel, are therefore incredibly huge".