Ascii Media Works has announced on the official website that the release of Ichigeki Sacchuu!! Hoihoi-san: Legacy
was canceled. Initially, the OVA had been scheduled to be released on April 1st and was later postponed until this June. However, Ascii concluded that there has been no prospect of completing the production of the title. Ascii has apologized to the fans of Hoihoi-san.
Source: Ascii Media Works