Every time a plan changes does not make a lie or conspiracy. The actions of Corporations are fluid constantly changing and adjusting to conditions. You can not set up a five year plan and not expect - changes - adjustments. Time schedules that include Attorney's or the Government are seldom correct.
Again - There have been NO lies from KATX management or Canco management.
More likely investors not understanding that things do change - evolve - It is good that the Board of KATX adjusts as needed. From a distribution to a Spin-off - to buying a Goldmine - to buying an Oil Company.