Does anyone have REAL info on KOTOR 3?

I know its coming and i know its a MMO but i don't know to much else about. By the way what does MMO stand for i'm kinda new to PC games so thats not a term i've really used. ThanksDoes anyone have REAL info on KOTOR 3?
MMO stands for Massive Multi-player Online, I think. and no, I haven't heard anything about it yet. :(Does anyone have REAL info on KOTOR 3?
MMO, massive multiplayer online. So what's gonna happen is that you have to pay a few bucks each month to be able to play.
Ever since completing both of the games I've been trying to track KOTOR 3 with limited success, there are lots of rumours on the net that it was axed or was axed and then brought back etc etc. What I do know, is that BioWare have recently pulled together a team of incredible game producing experience (including a lot of members from the KOTOR projects) to work on a new game which is possibly an MMO. Whether or not it's KOTOR 3 I don't really know but as BioWare know the demand the game will cause I imagine looking around their website for updates on the project is a pretty good idea and looking from the team they've amassed I reckon KOTOR 3 is a good bet, although I can't help but think how similar it would be to Star Wars: Galaxies.