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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 Jaws333on Feb 12, 2017 11:19am
369 Views
Post# 25834101

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Craig Porter

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Craig PorterI agree with the wait and build strategy, which increases value in BBI as we move forward.
I beleive this is garth's strategy also, but should an offer appear along the way that is in the interest of all shareholders, then Garth will put it to the shareholders for a vote.
He has stated many times he is focused on "building value" but is prepared to take any good offer to the shareholders.
I am confident in his negotiating skills and he will maximise returns to shareholders whether it comes soon or in a few years.
My hope is the deal, if and when it comes, will enable us to carry on reaping the returns from these fantastic assets.
For what it is worth IMO, I expect $1.50+ if there is a deal in the next 12 months. I Think Porter was not only conservative, but playing his cards close to his vest, while also a little out of date on BBI progress.
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