I'm Basing what I'm saying on this portion of an email from Mark Gilbert from RETC where he was talking about the financing press release.
1). The Red Wire 50k Bank Loan is for It alone, (for the subsidiary, not the company itself).
2). The 1.5m Rune Revolving Credit is a Factoring Loan, (business sells its accounts receivable at a discount for upfront cash)-in order to access the loan, sales must occur first, then the money from the factor.
3). Pipe, (Up to 500k): Pipes are by definition dilutive, (they buy preferred stock and then at a later time convert to common)-I do Not know if that has occurred in part, or in whole.
