Alright, so, few things:
Don't chalk up incompetence to maliciousness, they're bad at development but not being outright malicious about the circumstances. While they aren't doing well, its not out of a want to squeeze out such a paltry sum of money when if things were on a normal track they could've been at like 20k by now. It makes no sense whatsoever, from any point of logic.
I'm not here to defend how much of a trainwreck things have turned into, but I do feel that it will end, I don't know when but it will end. We can't all be the best devs, but then this still is nowhere near the worst devs, I've seen what the worst devs can actually do. This is a big black mark but that just means they're having some seriously shit performance, not that they've done a full 180 on their goals.
At the end of the day, indie game development is a fucking crap shoot, and I have faith we will see this period of time end and repairing the issue will come along at a gradual pace as trust is rebuilt. Be patient until that time if you could. Till next time!
Stay Ecchi!
~Skummy Out