It's over. The creator of the show and the writers are already moving on to other projects as are the cast. Friedman - who controls the show as its Executive Producer - has said they were only going to go to Fox and since Fox said no the show is over. I'm glad you liked the show so much, I really am, but now its just getting a bit sad. Terminator is terminated. The show is over and its not coming back.
You are being quite silly now. The decision if the show continued or not was not his. He had no say in the matter.
The rights holders and Fox were the negotiating parties. Josh Friedman was there to make it happen. Now the rights holders still are there, Fox isn't. This simply means the show is now looking for a new home.