Gizmodo, who leaked the first Project Pink photos, have done it again, arriving with new marketing material for the handset which confirms the Verizon link and suggest the handset will be released soon.
They note the handset rendered is the Turtle vertical slider, and looks the same as the render posted last year. They confirm the Verizon link, and suggest the device may be jointly launched by Verizon and Microsoft.
They note also while the handset is tried very much to social networks, it is not an early Windows phone 7 series phone, and will not be able to run applications designed for that OS.
Not much more info is available, but the recency of the material suggests a launch pretty soon, possibly around CTIA.
Read more at Gizmodo here.