According to this post, EOS testnet is about to be launched tomorrow.
Dan Larimer and the Block.one team have confirmed that the EOS Testnet will be launched in a few weeks, more precisely it will be launched at the London Blockchain-Live conference held in London on the 20th September. Since the EOS ICO started the main red flag for not participating in the token distribution has been that EOS is currently vapourware and does not have a live working product. Once the Testnet is launched this can no longer be said and looking back at Dan Larimer's most recent Blockchain projects BitShares and Steemit, history has shown that he produces great software products that reach the top ten Coin market cap shortly after their release.
Personally, I think EOS price is about to go parabolic by the end of the month.
I expected it to hit 1.2$ by the end of September, and 3$ by the end of 2017.