According to MetalTalk.net it looks like Ace Frehley might well be reforming his 1980s solo band Frehley's Comet. Guitarist/vocalist Tod Howarth recently posted on his Facebook page about how he has been in touch with bassist John Reagan.
"John Reagan and I spoke briefly yesterday. We talked about a lot of things concerning Ace and the Comet. There are some new developments that are brewing but that's all I can knowingly add here.
"I did learn a lot of things that might help, maybe get the ball rolling for the Comet so fingers are crossed for the fans."