Eliphaz updated the timeline.
July 11th 2016 12.00 GMT -> August 8th 23.59 GMT ICO
August 1st 2016 Whitepaper
September 21st 2016 Testnet, alpha client
October TBA 2016 ICO verification period 10-14 days
October - November 2016 Genesis block, livenet beta client
November - December 2016 Heat Ledger Ltd options + share emission, crowdfunding platform
Im pretty sure the dev´s will deliver in time.