I am also having the problem with the app stuck at "setting". The virtual station app starts, it lets me log in, and invites me to create a virtual station. After typing in a name (ISS) it says setting. Since I configured the iPad to always stay on I let it try for two days. I have installed the newest update and it still does this.
It is on an iPad gen 3. Retina display but old style 40 pin connector. 32 gigs of mem. Running IOS 9.3.5.