GamersFirst CTO and COO Bjorn "TechMech" Book-Larsson's latest APB: Reloaded blog entry provides a complete roadmap of what needs to happen for the game to reach open beta. If all goes according to plan, here's the upcoming schedule:

• Release build 1.5.0 in closed beta and wipe all characters and progression. You will likely be able to recover your characters later.
• Bring the EU servers online.
• Mass invite at least another 25,000 players to closed beta, then invite all remaining eligible applicants.
• Give all closed beta players a temporary Premium account for 24-48 hours, followed by enabling monetized content.
• Formally enter open beta.

Of course, any of these steps is subject to change. Book-Larsson said the team plans to be in monetized open beta until August.