While at the Cannes Film Festival for the premiere of his new film, Wall Street: Money Never Sleeps, Shia LaBeouf spoke a bit about the third installment in the Transformers franchise and stated that Transformers 3 will improve on the second film because it will restores the human element that got lost in it’s predecessor, Transformers: Revenge of the Fallen.

LaBeouf told the AP,

“When I saw the second movie, I wasn’t impressed with what we did,” LaBeouf said. “There were some really wild stunts in it, but the heart was gone.”

On the second movie, “we got lost. We tried to get bigger. It’s what happens to sequels. It’s like, how do you top the first one? You’ve got to go bigger,” LaBeouf said. “Mike went so big that it became too big, and I think you lost the anchor of the movie. … You lost a bit of the relationships. Unless you have those relationships, then the movie doesn’t matter. Then it’s just a bunch of robots fighting each other.”

With “Transformers 3,” the toll of the robot war will be grave for our planet, LaBeouf said. “There’s going to be a lot of death, human death. This time, they’re targeting humans,” LaBeouf said. “It’s going to be the craziest action movie ever made, or we failed.”

Transformers 3 is slated to hit theaters on July 1st, 2011.