I went through the DFU mode and installed back the latest stable firmware.
After all those steps I ended up with the same result...I'm still stuck on this logo and I can not connect through the App loader page or the web IDE.
Espruino is a JavaScript interpreter for low-power Microcontrollers. This site is both a support community for Espruino and a place to share what you are working on.
http://forum.espruino.com/conversations/345403/