Report on this link: http://www.polygon.com/2013/6/5/4398042/next-dragons-dogma-to-be-vita-only-and-free-to-play
It would be in 2D and a full-on RPG. This is kinda bumming me out a bit because I just started the game recently, I'm about 3 hours in and I'm enjoying my time in Gransys. Still, keeping my hopes up though.
As it turns out it would be a spin-off! Hurray!