In my experience, when you take over a business that has been mis-managed for so long, it takes more than 2 weeks for everything to be completely turned around and organized. Immediate changes are impossible.
As a good business manager, if you're given a hadfull of sh1t, are you going to eat the sh1t sandwich, or use it to fertilize your business and grow some vegetables? It takes time.
I'm not in any way saying that the previous regime was capable, just saying that before we hang the new guys, let them dig out of the hole they were dropped in.
I believe SMI owns Z-Max, so that is there own money, not a cash infusion they recieved from an outside entity, I could be wrong.
My license check was not cashed until yesterday, so I would expect things are being straightened out.