SE wont sit still and do nothing, and some said that they did nothing.
I think by looking at the updates so far which weren't so changing that they are working on a BIG update to turn the game around so it would be the game we desired to be maybe even better. This isn't something I know for a fact ofcourse but it would be the best thing that they could do, and why wouldn't they do the best thing that they could.
Scrapping is a bad choice for them 'cause that would be wasted money and effort especialy when they know whats wrong with the game as it is, its not like this is their first game so they know how to make a game they are not stupid :P

Well I'm looking forward to what they will do.