To the Stars – SEC says ability to continue as a going concern

Recent SEC filing on TTS:…

Interesting statement by the SEC on page 13:

NOTE 2 – GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses from operations and has an accumulated deficit at June 30, 2018 of $37,432,000. These factors raise doubt about the Company’s ability to continue as a going concern.

How do you amass a $37 million dollar deficit? Seems the writing is on the wall. Does anyone know how much money TTS actually raised with the public offering that just closed out Sept 28?

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