He admits that himself. Can't stand to see others make money on it. KERX looked pretty bleak in his eyes too. You can't just "move on" with a Phase 3 trial if a Phase 2 is a failure! Subjecting people to a failed drug to pump the stock price? Do you have any idea how illegal and immoral that is? Well that's what he's suggesting.
Less debt, more profits, lower market cap.