Well if Neobee is not doomed, then it is in very bad shape. When it comes right down to it is the real problem is how this all looks to Cypriot residents. For most, this will be their first reference to bitcoin, and it will be a bad one. Definitely not good for bitcoin pr 
Most citizens of Cyprus have now heard of Neobee, and many got interested in Bitcoin because of it.
The infrastructure of the company and their plan is already there, the only thing that is lacking is money.
I'm sure some investors will see potential in that.