Theorising about Companies financial position

To me the Silicon Bank loan looks very much like a bridging loan.
A type of bridging loan never intended to be used.
Say you have A and B happening which you expect to provide you with capital. But there could be uncertainty about the timing of A and B and their exact magnitude.
You also want to do a deal with C. You expect A and B to cover the deal with C but C won't enter the deal unless you can demonstrate 100% you've got the cash now.
Bank X says your a good company we would like to build a relationship with you. We will approve a bridging finance loan which you don't have to take up.
You can now go off to C and demonstrate you have the cash 100% with a loan agreement, a loan agreement you really don't expect to use other than to give them absolute confidence you can pay because you expect A and B to come through before the closing of the deal.

Some wild guesses:-
Say we've got 30 mill cash
Burning 6 mill a qtr 2014.
This year burning 9 mill a qtr (includes a buffer amt)???
36 mill a year.
Bit of a shortfall here.
A 6 mill loan gets us to the end of the year but not beyond.
Then we have to start repaying the loan Jan 2016.
Under this analysis even the 10 mill doesn't look significant.
This brinkmanship doesn't fit in with the ever cautious Mr Rosa??

Only makes sense if we have a significant commercialisation happening mid year and we need to demonstrate we have capital to kick it off??

Interesting theory, probably incorrect?

Maybe we are buying someone?

Brooke and I assume others of the directors have links into silicon valley, is this significant.