This track title is possibly an inversion of the term "freebase," which has to do with a particular method of using crack cocaine.[1]
The separate vignette at the end of the track is believed to be a composition named "It's Too Orangey".[2]
Samples / Lyrics
The repeated sound, heard first at 0:27, is, in fact, the unidentified "Yeah!" heard in "R35TT A06" from the Random 35 Tracks Tape slowed down and reversed.