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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 oilman1111on Mar 05, 2018 3:45am
345 Views
Post# 27659769

RE:RE:RE:RE:RE:Silent and quiet

RE:RE:RE:RE:RE:Silent and quiet
LucasKnight wrote: Share price speaks for itself. Don't get me wrong, i am a big fan of BBI's projects, but there are certainly reasons for the current share price laboring at the levels. I did indicate that mid March would be the time that it starts to move... perhaps the catalysts are near.

Aside....

Instead of looking at the most recent quarter look through Quarter 1 - 2017 G&A expense compared to Quarter 2018 - 1 for a comparison.

i.e. $809,000 -----> $1,231,000

Further do not forget the increase in share based compensation

i.e. $187,000 ------> $523,000

======================

oilman1111 wrote: Sorry LK but your statement that G&A expenses is keeping BBI down for the moment is not true. BBI`s G&A costs are not high at all, not more than average.




Yes true. But we are speaking about a 400k increase in expenses. This is caused by the expansion of BBI and its operations. You have to hire more consultants, more expertise and so on. Maybe they have now some DSV`s permantly on contract. Totally normal expenses in my opinion.
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