Nothing with this company happens fast and most dates mentioned in press release and filings are never met.
The next reverse split is going to ruin any recent investor hopes as the stock will plummet after the reverse split due to more dilution and leave shareholders holding a small bag of of worthless shares. I would not buy until it bottoms out after the split and/or when they are closer to generating decent revenues. Which if you read the last set of PR's will be in the second half of 2017!