View some of their recent tweets below:
Dave Fuckin Debiak pic.twitter.com/pH4OLpTPVI— Mikey Way (@mikeyway) August 4, 2013
demos, demos & demos pic.twitter.com/N3sc6EN4UY— Mikey Way (@mikeyway) August 4, 2013
From the photos, it appears that both Dave Debiak (New London Fire) and Way are playing guitar during their current recording session.
Fans of MCR may recognize the name "New London Fire" as one that Way was credited with coming up with in the band's 2006 documentary Life On The Murder Scene. NLF were previously signed to MCR's first label, Eyeball Records.