Victor:
I wasnt talking about the current PAKFA-program being shelved. Read again please, I said that the idea of a PAKFA-family of two aircraft, a light and a medium/heavy one, was shelved. I can dig up an official statement by one of the developers to this effect, but it was quite some time ago, at least three years. What he said was effectively that development of the single-engine variant was postponed indefinitely, which means "cancelled" in Russian vocabulary.
As far as MiG is concerned, their Projekt 1.42 or whatever we want to call it, was revealed a long time ago, and basically they did the same back then as Sukhoi with the S-37. They used whatever R&D they had left from Soviet times and funding and poured it into a demonstration of what they are capable of, IF there would be a future domestic contract. It was a competition of some sorts, since both aircraft showed comparable mission roles (similar weight class and capabilities) in the face of the fledgling PAKFA-ideas. But if the Russians ever considered giving both companies a go individually, this certainly changed with the lack of success of MiG in exports, while Sukhoi did very well overall, generating some hard cash for future projects.
Now I can certainly understand why any director of MiG wants to point out that the company still produces top-notch technology. But from the lack of hard facts, no timeframes given, no financial details and so on, its also clear that they are basically shouting out loud in order to communicate "we are still here", nothing more. They do not have solid domestic funding, that much is obvious, and even purchases by the Russian Air Force are symbolic in nature (like their bail-out buy of the flawed Algerian units). Again this is in stark contrast to what treatment Sukhoi is getting in the last couple of years. If MiG fails to secure a signifcant foreign order for the Mig-35, their troubles will just get worse.