Fact #1: Litecoin will be forked at block number 1371111 to create Litecoin Cash.
At the time of writing, there were 1397 blocks remaining to reach the targetted block. The target is expected to be reached by Sunday night. So the Litecoin hard fork will possibly occur on February 18, 2018, a day earlier than previously announced.
Fact #2: Litecoin Cash will reward Litecoin owners in the ratio of 10:1.