Deathgasm 2 in the works?

Screen Daily is reporting that UK’s Grimmfest is launching its own production company with Deathgasm Part 2 on its roster.
“Rounding out the slate are Jason Lei Howden’s Deathgasm (Heavy Metal Apocalypse) Part 2, a sequel to his 2015 Deathgasm which premiered at SXSW.”