Waddup concocters!
Here's the scoop on PRC 4.  I'm gonna wait a few months to get started.  I would like to see a few things transpire in the world of punk rock that will help the cause.  I don't know exactly when these will all happen but I'm watching closely to make sure that the timing is right.  Is this ambiguous enough for you?  Mwa ha ha ha!  In the meantime, everyone needs to keep practicing, keep playing shows, FIND A GOOD STUDIO to record in (I recommend Small City Studios in LA, tell Jon Dave sent you), and get that best song you ever wrote ready.  There are gonna be a lot of bands worthy of PRC 4 and I'm gonna have a panel pick the top 25 or so. 
 
Later,
Brewmaster Dave