Syntonic - Tata License > $84mil pa ?, page-33

Not sure what your middle paragraph means or is implying. But the cancelled cap raise with current cash would have probably been enough for a year and a half for wages, expenses, etc. Doesn't mean that they are generating that much currently. What is most likely happening is their current revenue is enough to cover expenses at this point in time, and that they believe they will be able to raise more money at a much higher share price down the line. This reduces dilution and increases the amount the can raise.

You're welcome to believe what you want, but you'll be setting yourself and others for disappointment if people assume revenue is that high. Not trying to single you out as I've seen others post revenue estimates that seem unrealistic, but I think the hype and ramping is getting out of hand on this board.