Why the movie producer's stop making the next movie City Of Ashes?"

I don't know why the movie producer's postponed on making the next movie of The Mortal Instrument's series, it really suck's and it's stupid they just barley made $34 million dollar's for making that movie and now they say they have to wait at least two years to make the $60 million dollar budget?! That is the lamest and stupidst excuse that i have ever heard in my life, everyday it's excuse after excuse news flash not everybody is to be that happy of waiting that for that movie to come out in the year of 2015 some people like it and most don't like it, well guess what? It's there loss and it's not my problem if they don't like "The City Of Bones" movie.