Here is the way I see it:
Allan Klepfisz has been every where. Do your research. You can find that he has been at every major P2P conference since the misstep last January. You can find that he has been interviewed at almost every occasion.
In addition, he has been quoted as saying that he doesn't want to make the same mistake so he is trying to make their product the best and have all their ducks in a row before making a huge splash.
Why then, would he waste all his time being at these conferences and being on the guest lists if he wasn't planning on delivering? I don't deal with conjecture. I am only telling you facts that can be researched. He IS landing deals with major labels and extending the ones he already had.
Updates? If you do your research, you can see that he has commented in August, September, and October. That is better than most stocks hovering under a dime! You are in PennyLand here. He is a hardworking CEO with a real product. My money is riding on his hardwork!