OK, whoever doesn't have a hand in the air can skip down to the next Cinematical article, because guess what -- yup, Sony's churning out another one! It will, of course, go directly to video shelves, and should you want to track down the second sequel in what's generally known as the worst horror franchise since (oh, let's say) Leprechaun, the title of the flick will be I'll Always Know What You Did Last Summer. And I think the "always" kinda implies that this will be the last chapter. (The only way to top it would be I'll Infinity Times Two Know What You Did Last Summer.)
IMDb informs us that I Know Yadda 3 will be directed by Sylvain White, and the guy really fits the bill: His last movie was Trois 3: The Escort, which means he must have this "Part 3" thing down pat. The writer is a guy called Michael Weiss, yes, the man who brought you Octopus, Crocodile, and Octopus 2: Calamari Safari. None of the original cast members will be returning, which clearly indicates the budget level we're dealing with here. (If you can't afford to cast Jennifer Love Hewitt these days, you're really working with limited funds.) The cast includes names like K.C. Clyde (who played a waiter in Something New AND Friends With Money), Torrey DeVitto (whose dad plays drums for Billy Joel!), and Star LaPoint, which is not a name that I just made up.
Anyway, I'll Always Know What You Did Last Summer hits DVD on August 1st, as does a three-flick box-set that should make for perfectly good landfill.