My advice is to not pay attention to any information or rumors about release dates unless it comes directly from Re-Logic itself. A majority of the time false info spreads from people who make guesses or predictions about when an update will release. It is worse when someone does claim a release date when there is no evidence behind it.
When the 1.4 update is ready for Consoles, that information will be shared in a Forum announcement which usually comes from Loki. It might be in 2020, it might be later. Statements from the developers themselves are the only things that should be trusted.