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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.


GREY:FRTX - Post by User

Comment by Rosie61on Jan 11, 2017 10:32am
306 Views
Post# 25693527

RE:RE:RE:News And nobody Cares

RE:RE:RE:News And nobody CaresThis update was good to get out. Can anyone explain the technical reason why they need to let the wells sit 4 months before testing/producing? They mention well 6 details won't be known until June and one can infer wells 4 and 5 details will be 3 and 4 more months from now respectively. It will be good to get the cash flow going end of January (assuming no further delays). It appears they were unaware of the 3rd party plant turnaround until fairly late in the game. Plant turnarounds are planned months in advance, so the operator knew, but perhaps did not disclose to BBI so they could provide more accurate guidance. Bad communication on someone's part. Agree this update will not move the stock up and patience is needed while we let them do their job. Encouraging to hear that Stage is getting lots of new business as this will help hold the stock from going lower while we wait. 
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