The Official Site asks and answers the question if there is any work on Episode III being done right now:
No work is currently being done in the art department for Episode III. Although during the concept phase of Episode II we designed some environments that may be used for Episode III.
Rebelscum Breast Cancer Awareness Charity Patch Posted By Philip on November 25, 2014: Thanks to everybody that ordered patches. I sent a check for $1,600.00 to the National Breast Cancer Foundation on Monday. While it's not as much as I hoped for, it's still very much appreciated. They will remain for sale in the store for anybody that still wishes to purchase them. Details after the jump.