The annual SHOT and NRA shows are the giveaway that something is about to come out. Even then, they many times make modifications to designs (ex: PT709) or drop an idea completely.
All I can say is, hang in there brother. I personally think that you'll see a 9mm 1911 before the 40 cal, but you never know. All I can tell you is, I haven't heard a peep about the gun you are asking about.