Bright Boy Pillar going down?

During a meeting between Rui Karanba and Pillar's operations head, a disclosure was made by the latter that Pillar's publication  is "temporarily suspended" mainly due to funding issue. The operations head said that the magazine was affected by the current issue of graft and corruption being accused to its parent company. As such, there is a cessation of funding for the magazine. 

But, wait, based from the apology letter they've sent to affected parties (i.e., writers, editors, et al.), it is stated there that the management decided to temporarily suspend the production and release of Pillar magazine to give way for the planned development of the publication. 

Pressed further, the operations head said that they are planning to put up a new title "Decon", a portmanteau of "design" and "construction". So, which is which? Temporary suspension or repackaging? To make matters worst, how come the operations head is looking for a financier for Pillar magazine, proposing a 70-30 deal. Oh, well... come what may. 

It's hard to comprehend how come a publication with a multi-billion peso backer folded up so easily. They should have live up to their name. Pillars should be the strongest parts of any structures. As such, they should have shown some pillars of strength in the industry, so to speak. If they cannot meet that expectation, they will be remembered in the industry as a laughingstock.  

If they decided not to publish, they should have likewise settled their obligations before retiring lest their credibility would be affected and their integrity would go down the drain. If that happens, anything Pillar and its affiliates will do would no longer be taken seriously. They won't be able to get back on track and do honest-to-goodness business.  

Anyways, they have promised section editor/writer Rui Karanba that they will not renege on their obligation, that they are going to pay his professional fee in full "on the payment date" (no exact date). Mr. K does not subscribe to their promises and sweet talks, yet he is allocating an iota of hope to himself just the same. Hoping is free and not harmful, anyway. Mr. K will just let the law of "K" do wonders for him.

ANALOGY: The "pillar" is as weak as the materials used by most government contractors in building overpriced infrastructures.