I think the idea of second ICO should not come up now, the team need to show they are capable of delivering on what was promised initially, nobody would invest into the second ICO unless there is something on ground.
True, I also like-minded with you, with the ICO first they run a lot of people to invest for this project, but if they run the ICO to-2, worrying all invetor to invest in ICO them, seeing things like this no explanation in exchange for offering themselves in exchange good ..