I heard of something about a second final fantasy 7 game called Final Fantasy VII-2 heard squareenix is plannig on making the game my friend also said he read it somewhere aswell in a magazine well if it ever comes out I'll be the first one to get it also it's supposed to be kinda like the movie form what my friend was saying

Square-Enix is actually developing a series of FF games - the ones announced so far are Final Fantasy VII: Advent Children (a movie, not a game obviously - the direct sequel to FF7), Before Crisis, a mobile game starring the Turks that is a prequel to FF7, and Final Fantasy VII: Dirge of Cerberus, a Devil May Cry style actioner starring Vincent Valentine.

For more details of these games, check out the Final Fantasy VII forum.