American Ninja Apprentice
It looks like there's another sequel in the works:
http://www.imdb.com/title/tt5046636/
https://www.facebook.com/americanninjaapprentice/info?tab=page_info
When an evil crime syndicate threatens to destroy the American energy market, an elite band of American Ninjas are called in. But after their humiliating defeat, the two remaining Ninja Masters must track down their former student to complete her training so she can become the American Ninja Apprentice, and together they can defeat the crime syndicate once and for all.
What I found the most surprising is that on their facebook page they listed "Cannon Films Ltd" as one of the studios. Since Cannon no longer exists, I figured this must have been their way of doing a "Based on the characters created by Cannon..." sort of credit, but then I did some Google-ing and discovered that Cannon Films has been reborn apparently: https://twitter.com/CannonFilmsLtd
Or at least the name has been, since reportedly Richard Albiston in England purchased the Cannon Films name from Menahem Golan before he died. Interesting...
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