UPDATE!!!
spring festival AKA asian newyear is officially /Over/ the majority of people here are back to work, however I can confirm that some people and especially people in high corporate positions will most likely take an extra week or 2 or 3, because they can.
What does this mean? I can only speculate that the people at NCSoft the THeM is talking to are still on holiday, and nothing will get done until they get back. Expect them to return somewhere between the second, ninth or sixteenth of March.
When they get back, expect them to take a week or 2 to get back into their work groove (they'll have been gone for at least a month, if not a month and a half), by the latest the 30th of march, However when back at work do not expect CoX negotiations to be the top priority, expect them to take a month getting their currently running games and development projects back in gear before they even think about us.
But here I am jumping ahead of myself, there's another holiday that Korea shares with china, tombs day, this year it will be the 4th to 6th of April, so there's not even a week between the 30th and that holiday. Do not expect a lot to get done.
good news is tombs day will last only 1 week (3 days for workers, a week for corporate bosses), so they will be definitively back to work by April 13th from where they will take their month to get their current and in development games/projects in order. it will most likely be a month of intense board room meetings and brainstorming that have nothing to do with us.
One month later is the 4th of May. So in May there will be a decent chance of our negotiations resuming. Expect their time for TF HM to be limited, that being said expect as little as one meeting per month or less and only if other things that are part of the revival project have gotten done by that time and are awaiting corporate commentary.
the THeM Might have some news in May if everything is done already, but it Might be more like November 2016 if they are still working on it. I have no information on the state of the deal or the server image or any progress to getting it running in maintenance mode or anything. the only thing I am commenting here on is the corporate holiday and probability of their work prioritization schedule.
so that's where we are, a major holiday is now over but the corporate bosses will still be on holiday at this time for another week at least, and the chance of anything getting done for TF HM before May 4th are extremely slim.
that being said it's not impossible that we may hear something as soon as they return form holiday in a week or 4 around the 9th or 16th of March. so keep your eyes peeled around that time.
Again I am a nobody in the deal, this is just saying the people who are negotiating are on holdiay still for a bit and nothing will get done till they return.