Everybody is entitled to their own opinions, but not their own facts and IMO what's in the company financial statements are fact.
BUT, past quarters are history and there is a new business plan in town. Caustic borrowing was what "painfully" was required to keep BHRT alive to a point where revenue could be generated to offset the expense of moving forward. They even have a reserve (Manga) available if they would still need more.
NOW, revenue is being generated to a point in which BHRT can pay off expensive debt and pay staff reasonably for their hard, dedicated, and effective work. It will be more obvious in the coming quarterly report - facts. They will also be able to buy back diluting shares, and most important to me (an investor) give me tremendous value considering the risk I took with my money in a science and people who I am convinced will earn me returns of serious proportion.