It will be announced when its ready. Please try to understand this, especially 159th George, I've seen this similar question asked by you several times.
Not everything is finalized yet, so if something is stated and it doesn't appear in the final release, that would also cause an uproar. ED learned their lesson from FC. They gave out projected release dates and when they didn't meet them, the forum bashed on them.
Wags/ED are not obligated to give out updates on a weekly basis. They do it out of their own free time. Think of it this way, the more time they spend giving out updates, the less time they have to work on BS. So the release date for black shark gets pushed back even further.
Furthermore, threads like these are no benefit at all. It puts pressure on ED to work faster and you might end up with a buggy product. We've seen this before in the first release of Lock On. Ubisoft rushed the project a bit and the first release was buggy. Second, its threads like these that frustration beings to build up, and the word "troll" starts get throwing around. So please, everyone give ED their room to work. Thank you.