Well, apparently it takes a well prepared email to Steve Jobs to get things fixed! Within 24 hours of contacting him I managed to get the app approved and into the app store!
Apple admitted a technical glitch with their iTunes Connect system (the app submission system for developers like me). I now have to figure out what to do about all of the lost opportunities due to drifting sales during this period of time. The original submission was July 29th and here it's already September 3rd before they finally got it out!
For those of you who have been waiting, the wait should be over. The app store will be updated around the globe within hours and the new release will be ready for you to upgrade!