Yes we do, thank you for noticing that. We like to take our time because we want to bring features that work, not empty promises like some other coins.
Also don't forget that we're all professionals, which means we're combining this with our main job. This means we don't have time to work on the project fulltime like students would be able to do.
We work hard, focussed and have a lot more experience and original ideas than students however.

I can see that already 137 users installed our Pandacoin wallet balance app!