As far as I know and from what I seen it should be out late 2016 or somewhere aroundish. However when I was watching SWEGTA's video titled "BULLY-MP - SCRIPTS RELEASED!!!
" I saw the following written by him:
Man, I wish I could give you a straight answer, but I really don't know.
If I were to take a wild guess, I'd say somewhere between mid to late 2016.
In my opinion, a long wait is a good sign because there will not be as much bugs in the MP mod to begin with, as they are spending so much time trying to fix as many bugs as they find. This is for the sake of us eagerly waiting for the mod to come out. Trust me, once the mod is out - we are going to love it! Hope you understand.