They're probably a little shell shocked that the coming out party has been a disaster. They got bad advice and have to reconcile that with what needs to be done. Couple that with little public company experience at the management and Board levels and it's taking longer than it should to correct the obvious mistakes.
The sad part is this has nothing to do with the fundamental story, but management allowed this to become a time consuming and unnecessary distraction.
I'd like to think it can't get much worse and it's only an upward move from here.