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Eat Sleep Play’s David Jaffe’s cooled bubbling talk that the company’s project is to be announced at E3 next week.

“I’ll say it right now, because some people are speculating: we’re absolutely not going to be at E3,” said the developer, speaking in the video update you can see after the break.

“I will be there, and Scott Campbell may be there… but we’re not showing anything.”

E3 2010 should be a different story, however.

“Next year, I fully expect us to be on the showfloor,” Jaffe added. “Part of me would love to announce at E3, so you walk into the Sony booth and bam, there’s our game.”

What is it? Twisted Metal, probably. Watch the full thing.