Ann: SECURED DEBT FINANCING, page-27

I think you're looking at the facility as if it is cash in the companies hand and we are paying an interest rate on the whole lot... that's not the case. we haven't taken on the debt, it's only a facility which is available to us should the need arise.
Let's say KTD see's the need for a couple of mil in trade debt, why wouldn't we secure $9.8m which is above our needs, that way if a $20m contract manufacturing contract pops up we have the means and facilities in place to go after it head first... makes sense right?
We are only paying an interest rate on what we draw, therefore the more available to us the better !

If the business stopped growing today, then I believe moving forward we would be cash flow positive, maybe even turning a net profit (at a push).
But why stop here, let's keep this business growing! It takes a heap of capital to grow, look at APT billion dollar raisings and nil profit?? A very different scale to us but you get the picture.