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Re: Release for Wrath is on the '5th of when its ready' :P
It's a joke. A reference to an old love song ("Until The Fifth of Never") that has since passed into English idiom.
"The fifth of never" is another way of saying "never", so paraphrasing this into "the fifth of when it's ready" simply means "when it's ready".
They're saying that they do NOT have a release date yet, and will not be setting a release date until they are ready to ship.
Given that they used to work with many of the directors of the ill-fated Flagship Studios, it's safe to assume that they are keen not to repeat the disastrous release of Hellgate:London. If anything, they'll probably wait until later in the development cycle than they did with BC before setting a release date.
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