So from what you're saying is that next week on the 6th when the queens wrath ends they will send out the 1.0.2 patch and start the iron banner event for the 7th. Because they restart at 12am they're timezone, which I can't recall what it is now.
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It will probably will this is just my guess to answer peoples questions.
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I support your guess, hell its the only one that I know of that makes sense.