Untitled third Aliens vs. Predator film

Alien Vs Predator 3 was proposed sequel to AVPR(Aliens Vs Predator:Requiem).It was cancelled due to AVPR's commercial and critical failure.

Plot
In future on space station Alien and Predator face off.The film would have introduced Alien King and Giant Predator.

Why it was cancelled
AVPR flopped at box office and was panned by critics.

Result
AVP 3 is permanently cancelled.

Both AVP And AVPR were removed from alien canon by Prometheus,but were still canon in Predator movie timeline