Because he is a BS artist. Has anything Shady Kenny said in the past 6 years ever happen? The P2B in Australia? Nope The pre-clinical data on ascites? Nope The Pre-clinical data on Diabetes? Nope Partnerships or funding from all the NDA's signed? Nope The P3 trial that TD2 would run? Nope The clinical trials soon in 2013-2014-2015-2016-2017? Nope With every silly PR released that they completed a test it just shows how dishonest this company is and always has been. How could they have started a clinical trial in 2013-14-15-16-17 when they had none of these tests completed? Because its not about a clinical trial its about promoting a clinical trial so they can get paid year after year. Issue PR's sell shares pay themselves and repeat.
In the pharmaceutical biotech biz when a CEO says it will not take that much time, is he talking about days weeks months or years? Now remember, this is the FDA, and this is the pharmaceutical/biotech sector.
What may not take that much time in KW's mind may be a long time to the layman who has no inkling about this sector or the FDA.