There's been a new major update.
All patents have now been submitted and the inventor is free to show off the completed bike, which he did in a series of photos and a video.
Everything has been ordered but not all that much has been delivered, most items are still either in transit or being manufactured.
So the design phase is finally over and the production setup phase can begin. That will be several months. Nothing can really happen before then, as major frame manufacturing equipment is still being built and nothing can happen before delivery and installation has taken place. So my estimate is at the very least 3 months will pass before hands are going to get dirty building bikes. Nobody is going to get a Christmas present. Maybe an Easter egg.
Delays are OK-ish, less important than getting production up and running properly.