To The Stars Academy: Investigating the Unexplained

humanoidlord

ce3 researcher
It's kinda hilarious how uncomfortable this subject makes you. You know that any empirical evidence which indicates that AAVs/UFOs are technological in nature...and not supernatural manifestations of some invisible and essentially omnipotent "interdimensional" Loki-like trickster god...will topple your silly UFO/Loki religion overnight. So you're taking any and all jabs that you can now, before the proof is made public.

Nobody said that the announcement is proof of anything, lol. But it does indicate that the results of their scientific analyses of the materials will be released soon - long before the silly "deadline" you've been railing about. And he's calling it a "major breakthrough," so they seem to have found something of real scientific significance.

If it were only Tom DeLonge, I'd be very skeptical too - just as anyone with half a brain was extremely skeptical of the dumb "Roswell slides" fiasco (frankly I'm stunned that anyone fell for that one). But the work that's been done on these materials has been conducted by Steve Justice, a long-time Lockheed Skunk Works research engineer, plus a variety of professional independent labs.

I can hardly wait to see the lab reports - the kind of work they've been doing is exactly what this field has needed for decades, to make real empirical progress with this subject.
i doubt they are going to release anything and if they do, it will be disappointing
 
Yeah that was cleared up within hours. That number is the difference between their maximum fundraising target and the money that they actually raised. It's not a debt and doesn't reflect any spending. The writer of that article simply knows nothing about bookkeeping and SEC accounting practices, and he didn't bother to ask anyone about it, so he made a big flurry of confusion and wild accusations over nothing. In other words: typical rank-amateur journalism from the worthless US media establishment.
i doubt they are going to release anything and if they do, it will be disappointing
So now you're an online psychic prognosticator? I had no idea that you have "the gift," lol.
 

nivek

As Above So Below
So now Chris Herndon is on board with TTSA...

We have also brought on a new TTSA ADVISORY BOARD MEMBER Chris Herndon from THE WHITE HOUSE, who has decades of US Gov Experience- Chris was until recently the Chief Information Officer overseeing all Secure Communications for the Executive Branch. Chris supports our effort, and believes strongly in our mission to learn more about revolutionary technologies, help the US Gov’s efforts on UAP matters, and to educate the public on our findings. Exciting times ahead.

Tom Delonge

...
 

The shadow

The shadow knows!
Yeah that was cleared up within hours. That number is the difference between their maximum fundraising target and the money that they actually raised. It's not a debt and doesn't reflect any spending. The writer of that article simply knows nothing about bookkeeping and SEC accounting practices, and he didn't bother to ask anyone about it, so he made a big flurry of confusion and wild accusations over nothing. In other words: typical rank-amateur journalism from the worthless US media establishment.

So now you're an online psychic prognosticator? I had no idea that you have "the gift," lol.



after a quick goggle search I can clearly see the 37 million is fake news.
 

Dean

Adept Dabbler
The shadow asked about a press report that TTSA had a "$37.4 million deficit." As Thomas R. Morrison indicated in his reply, that was an erroneous report, apparently written by a journalist who had a poor grasp of his subject matter. However, my understanding of the nature of the reporting error is a little different from that posted by Mr. Morrison. The figure does not relate to a shortfall in fundraising. Rather, in brief, TTSA "pays" certain officers and advisory board members in stock options. These options are recorded on books as liabilities under accounting rules, but it is actually not money owed to anyone. Someday these stock options may be worth something.

TTSA itself has directly addressed this issue in a more detailed fashion. On December 12, 2018, TTSA conducted a 30-minute telephonic "annual stockholders meeting." A transcript of that tightly scripted event has been posted on the TTSA website, and it is also attached to this post. The transcript includes the following exchange between Jim Semivan, director and vice-president of operations, and Louis Tommasino, chief financial officer.

Jim Semivan: We will now answer a few questions from the stockholders. The first question is please explain stock-based compensation and why it is at $37 million deficit. Louis, I would like you to answer this one.

Louis Tommasino: Thank you, Jim. It would be my pleasure to answer that question. Stock-based compensation is when stock options are part of a person’s compensation for their work on behalf of the Company. In our case, that is certain officers and advisory board members. The value of these stock options is a non-cash transaction recorded on our books based on the per share amount we have received from the public for selling our shares at $5 a share. This per share amount is then multiplied by the number of shares a stock option holder has vested. It was $37 million in our last filing but will go up as more stock options are vested. Under generally accepted accounting principles, or “GAAP” rules, the Company is required to record this transaction in our financial statements even though we do not owe it to anyone. It just reflects the fact that we have been paying our people like many startups and development stage companies do, in stock as opposed to paying them in dollars. I hope that answers the question.
 

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Dean

Adept Dabbler
So now Chris Herndon is on board with TTSA...

wwkirk said:
TTSA has so many former government types that it reminds me of NICAP.

Chris Herndon is associated with a private IT firm that does government contracting. He served as IT officer ("Special Assistant to the President and Director of White House Information Technology") for the Trump Administration White House, until October 2018. This is an important technical position, not a policy position. The attached document explains further the nature of his White House work.
 

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pigfarmer

tall, thin, irritable
From that tweet they are deciding how to present this. I wonder if it's something so esoteric that it'll have to be packaged properly for consumption. Kind of sounds that way.

Sort of like when I wrap a piece of bologna around a pill I have to give to my dog .....
 
The shadow asked about a press report that TTSA had a "$37.4 million deficit." As Thomas R. Morrison indicated in his reply, that was an erroneous report, apparently written by a journalist who had a poor grasp of his subject matter. However, my understanding of the nature of the reporting error is a little different from that posted by Mr. Morrison. The figure does not relate to a shortfall in fundraising. Rather, in brief, TTSA "pays" certain officers and advisory board members in stock options. These options are recorded on books as liabilities under accounting rules, but it is actually not money owed to anyone. Someday these stock options may be worth something.

TTSA itself has directly addressed this issue in a more detailed fashion. On December 12, 2018, TTSA conducted a 30-minute telephonic "annual stockholders meeting." A transcript of that tightly scripted event has been posted on the TTSA website, and it is also attached to this post. The transcript includes the following exchange between Jim Semivan, director and vice-president of operations, and Louis Tommasino, chief financial officer.

Jim Semivan: We will now answer a few questions from the stockholders. The first question is please explain stock-based compensation and why it is at $37 million deficit. Louis, I would like you to answer this one.

Louis Tommasino: Thank you, Jim. It would be my pleasure to answer that question. Stock-based compensation is when stock options are part of a person’s compensation for their work on behalf of the Company. In our case, that is certain officers and advisory board members. The value of these stock options is a non-cash transaction recorded on our books based on the per share amount we have received from the public for selling our shares at $5 a share. This per share amount is then multiplied by the number of shares a stock option holder has vested. It was $37 million in our last filing but will go up as more stock options are vested. Under generally accepted accounting principles, or “GAAP” rules, the Company is required to record this transaction in our financial statements even though we do not owe it to anyone. It just reflects the fact that we have been paying our people like many startups and development stage companies do, in stock as opposed to paying them in dollars. I hope that answers the question.
It's been months since I looked at this, but I seem to recall that the valuation of the stock-based compensation had something to do with their very high original "upper bar" estimation of how many shares would be sold during the offering period, and then had to be recalculated based on the actual stock that was sold, creating this imaginary "loss" of $37M on paper. Semivan is talking here about the role of vested shares and how that affects the valuation, so apparently that's a factor in the calculation, but I didn't see that spelled out in the Offering Circular so it's unclear how the formula works.

In any case, it's an accounting thing and it has to be calculated a certain way to comply with SEC regulations, and it never involved actual money being spent and it's not any form of debt. The bottom line on the balance sheet showed a modest profitability around $100K, iirc.
 

pigfarmer

tall, thin, irritable
I just listened to Episode #16 From Project Sign to AATIP – November 23, 2018 of The Black Vault Radio. I had heard of John Greenewald and was aware of what he does but only peripherally. Decided to check his podcast out and this is the first one so far. If you are already aware you could probably skip through the first half.

But if you at all interested in TTSA then listen to this. Hoooo boy.
 

CasualBystander

Celestial
i doubt they are going to release anything and if they do, it will be disappointing

Good science done by good people isn't disappointing - it provides a useful data point that is a starting point for further progress.

Good analysis informs where further analysis is needed and useful.

Take the Higgs boson. If the Higgs boson exists, that renders a number of competing theories to the standard model untenable.
 

pigfarmer

tall, thin, irritable
Good science done by good people isn't disappointing - it provides a useful data point that is a starting point for further progress.
Good analysis informs where further analysis is needed and useful.
Take the Higgs boson. If the Higgs boson exists, that renders a number of competing theories to the standard model untenable.

I heard John Greenewald lay out a case in a neat package about AATIP, the source of the videos, Luis Elizondo making public statements about mylar balloons and CGI flying saucers that gave me pause. I was aware of some of this but not all of it, and not presented this cogently. Definitely worth listening to.

No objection to good science done by good people, but there are a few head scratching questions that need to be answered regarding TTSA - and hopefully they will be this year.
 
mcupload_59d928223b5dc.jpg SumerianStarChart2.jpg
when i first heard of the 'to the stars academy' i couldn't help but think of the sumerian star chart.. i'm not exactly sure if there is a connection to the 2.. but it def peaked my interest. thoughts??
 
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when i first heard of the 'to the stars academy' i couldn't help but think of the sumerian star chart.. i'm not exactly sure if there is a connection to the 2.. but it def peaked my interest. thoughts??
I always assumed that it was inspired by the plaque on the Pioneer spacecraft:

il_1140xN.1318878465_cmc9.jpg


And also on the golden records aboard the Voyager spacecraft:

a2075191490_10.jpg
 
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spacecase0

earth human
I have explored the unexplained long ago,
there is a pattern there.
most unexplained things were explained long ago
it is only in modern times that people have no clue what is going on.
turns out that education and learning are not the same thing at all
but I guess that I am told to often that history has nothing to teach us,
and that I am just not educated enough to get what is going on
and I have to admit to learning to much...

anyway,
if you rally want to find something useful,
start looking into consciousness research.
and expect funding to vanish faster than steam out of a kettle
 
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