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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


PINL:FRTX - Post by User

Comment by Kaybobon Jun 27, 2016 6:59pm
229 Views
Post# 25002944

RE:RE:RE:RE:RE:RE:RE Interview with Garth Braun CEO of Blackbird

RE:RE:RE:RE:RE:RE:RE Interview with Garth Braun CEO of BlackbirdOn April 25th the shares traded at 15 to 17 cents.  Then the announcement of a 15 cent flow thru with a warrant attached.  Of course it was oversubscribed.  Don't get me wrong.  I like what these guys have for assets its just BBI is too small to have the horsepower to see this thru.  Rather than do this highly dilutive financing the company should have gone thru a strategic review.  BBI had proven it up with the wells it did drill.  Good companies have gone thru alternatives in the last 18 months as well as desparate companies as well.  Just my opinion and that is all.  We may be a year getting back to pre-financing stock price...who knows.  
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