Re: Iris Quest (developed by Dahr and Xaljio)
Going by this and his last post : Iris and Genie are only friends so far, she isn't a mad slut (yet), Genie is more of a slave driver than "wtf am I doing sending Jasmine to some shady school where they turn her into a whore".
IQ will be after PT:G, even though it's "parallel universe" shenanigan. I'd say they will use the same setting/Genie+Iris/some part of PT:G story and branch way off into something completely left field (Shantae mini-game might point into some kind of harem/girl collector mode).
Hopefully his promise of "early summer" demo/1st part of game will be upheld.