If I take what they've said via email and on Facebook at face value, this was really a perfect storm of them getting screwed in pretty much every way possible. Here's a summary of what they've posted or commented that I think sums up the situation pretty neatly:
The whole delay issue started when Pentavision Global received orders (either from Sony or Pentavision Korea) to redo the game code to include the patch that came out after release in the other regions - to save on the cost of having to deploy a zero day patch in a third region, I imagine. This knocked the game out of the production queue in what is apparently a busy season at Sony's Vita card-manufacturing plant in Indiana, and they've clearly expressed annoyance at how slow Sony is to react to things as they try to squeeze themselves back in.
Before the whole must-integrate-patch order thing came down, they expected to ship in November, which was apparently not enough time to switch eCommerce packages to one that supported payment methods other than PayPal. Since they figured they would be releasing soon they just went ahead, knowing that locking with PayPal requires them to take payment up front (as PayPal doesn't support the buy-now-pay-later model at all). After the first delay, they considered switching to another package, but at that point most everyone who was going to place an order were already in, money and all; unfortunately, it was really too late to do anything about it.
Sure, in hindsight mistakes were made but circumstances really came out of left field and in such force that this team of people one could count in two hands are really at the mercy of all the bigger players they're forced to work with to make this long-shot of a game happen.
