Though the gossip world has been buzzing like crazy about the impending birth of Ashlee Simpson and Pete Wentz's baby, Pete reports that it’s not time just yet.

The Fall Out Boy bassist was forced to skip the big MTV “Total Finale Live” last night, as Simpson had reportedly gone into labor. And as he phoned into the festivities, Wentz reported that they’re still waiting for little baby Simpson-Wentz to arrive.

He assured fans, “Nothing’s happened yet!” Pete also reported that they still haven’t decided on a baby name.

As for how he and his wife spent their weekend of waiting, Wentz joked, "I went to Chinatown, picked up a bootleg version of Twilight and watched it like, 72, times."

Gossip Girls