Is there a sequel to Malevolent? I have read the readme and it stated it had a cliffhanger ending.
As side note is there a patch that rebalances the armor for FCOM?

No to both, actually. I would't worry to much about balance with FCOM, don't know how far you are in the mod, but when you get far enough you're probably going to finish the mod.

Simyaz seems to have given up on modding... which is a huge dissapointment because i really loved his quest mods