Ladies, cheer up! Bret is still on the market!

Despite rumors going around, rocker Bret Michaels has confirmed that he isn’t ready to walk down the aisle with his longtime girlfriend Kristi Lynn Gibson just yet. The former Poison front-man took to the CBS Early Show this morning to clear up all of the engagement rubbish.

“No, we are not engaged yet, it’s a work in progress. She has a beautiful promise ring — it’s a promise ring, or a friendship ring, with benefits. That’s what we call it. But, yes, is it a work in progress? Absolutely.”

The couple have been dating on and off for 16 years and have two daughters together. We feel you though Bret, no need to rush things!