The thing most encouraging about that -- in the sense that there is a glimmer of hope -- is that the latest order by the Board, allowing the suspension, has new wording, namely, that the next time the deadline comes around, the Plaintiff (Ilegal Mezcal) must show actual proof of progress in the settlement negotiations.
My guess is that up until now, there has been NO "negotiation for settlement" going on at all. Illegal Brands IP has probably told Ilegal Mezcal to 'get stuffed and go away,' because it knows it has the upper hand. If Ilegal Mezcal had the stronger case, it likely would have already gone to a more serious step in the opposition-to-a-trademark process.
But, as 'they say,' we'll have to wait and see.