Cloverfield 2 Viral Video Tease? No

For whatever reason, multiple websites are running the below video suggesting it may be a teaser for Cloverfield 2. I don't know where that conclusion came from, I guess because they mimicked the filming and editing style of the movie to a degree with an ugly creature (or insect close-up) at the end. To my knowledge JJ Abrams has not begun any work on Cloverfield 2 and there currently is no script either.