Will they make a sequel for KI for the future?

Season 3 in my opinion should be the end of the traditional character seasons. After Season 3 I think Iron Galaxy should focus on things like Ultimates (which I made a whole thread about here), Stage Ultras, No Mercies, Humiliations, Classic Stages, a full physical release, collectors edition basically all the things people want. Then they should begin work on Killer Instinct 4 as a launch title for the next Xbox.