Call of Duty MMO or Future Warfare?

With Modern Warfare 2 breaking world records, Activision has brought in a third developer for a future Call of Duty project. It’s not Infinity Ward’s Modern Warfare series or Treyarch’s World at War games; It’s something new.

Activision has made it public that they are no considering a Call of Duty MMO, but could it be a third series of Call of Duty games based in the future? Call of Duty: Future Warfare?

Or are they moving forward with Call of Duty Online?