I'm lucky enough to have heard the song. It is a freeform jam, with fairly random words as I remember.
The whole point about the Stooges early on is that they DIDN'T have any songs! Most of the Stooges' early songs started as jams; 1969 was orignally just that two-note riff, a Bo Diddley beat, then loads of soloing and noise. It developed into a more regular song over time. Likewise, Dance Of Romance was a simple guitar riff, which you can hear at the end of Ann. Then, as time went on, more conventional songs were added to the set, like No Fun and Now I Wanna Be Your Dog, which only start getting mentioned in reviews and set lists around the time the album came out. In fact, most people who saw the Stooges live in 69 STILL couldn't really recognise any conventional songs!
Hence, of the half-dozen early 'titles', most were attached to a simple riff or beat. Asthma Attack seems to have been the one freeform jam that made it as far as the Hit Factory, but it didn't make it out..