The newest rendition of fang was going to be run by [SICK^Death] and Irvine. When Irvine lost internet access, [S^D] pulled the plug because the HC 'team' wasn't 100%.
They didn't want to do something bit-part that may have been subject to poor performance and, possibly, disbandment - so instead of doing something half-arsed, they're waiting until they can do it properly. It may be next round... it may be the round after.
It may be around the same time as Duke Nukem Forever