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Just days after Marvel announced that they had pushed back the release of Thor to 2011 and The Avengers to 2012, Paramount announces an official July 1st, 2011 release date for Michael Bay's Transformers 3. However, the studio is not confirming that Bay will be back or that this is even an indication that they're moving forward on a sequel (even though we know that this totally is a good indication). The first Transformers hit theaters on July 3rd of 2007, and the sequel is set to arrive this summer on June 24th. Paramount and Michael Bay are obviously keeping everything on a tight-knit two year schedule.