While most code development work of the main Litecoin repository has been finished, the majority of the devs are waiting for the reviewing and testing from developers like thrasher.
Instead of simply waiting, we start to work on another important project Litecore: https://github.com/litecoin-project/litecore-litecoin/commits/0.13-dev. You can see active commits going on there. As mentioned before, this will enable a lot more adoption of Litecoin.
The registration of the Litecoin Foundation is going on. The paperwork takes some time to finish.
We will use this Mailchimp email list to push to you guys updates about the development progress and other important stuffs in the future: http://eepurl.com/cnUGxH. Signup now!