Why do people keep assuming they are close to breakeven? They...

Why do people keep assuming they are close to breakeven? They have been saying this for nearly two years. The revenues they report, and colourfully graph, never match the sale receipts of the current quarterly or the next for that matter. They have no money in the bank, and the indication from news reporting is the $26M is gone and not coming back hence the need for the emergency $24M raise to keep the lights on and pay the bills. They can’t afford to aim much higher than a $24M raise at sub 10c as it will dilute the company too much and the reputational damage if they fail in the placement will be too much to bear. They are still burning $4M to $5M a quarter so they have maybe three quarters to prove if the commercial viability stands up. All eyes will be on the release of the audited report and whether or not they remove the founders and board before they rattle the tin.