I'm not a member of the BOG, but it can't hurt to give you a rough update.
BOG held a vote on whether to continue V3 or start V4 and the result was V4.
We're currently doing team selections with V4 starting May 10th(?).
The playoffs are in the Conference Finals, which wrap up today, with the Stanley Cup matchup to follow.
Once the finals are over V3 will be wrapped up (but we may need access to V3 material for a couple of weeks?).