Re: Will there be a Mass Effect 4 and if there will be one will it have Shepard?

This is what we know:

There will be a new Mass Effect game.

It will likely not be called Mass Effect 4.

Shepard is not in the game.

Shepard's squadmates are very likely not in the game.

The story will have no relation to the Mass Effect Trilogy.

The game runs on the Frostbite 3 Engine.

The game is being developed by BioWare Montreal, who previously contributed to ME2 and ME3 by making DLC and the multiplayer mode.

It's going to be a third person shooter / RPG hybrid like the first three games.

That's pretty much all we know right now.