Ann: Gamestar Update, page-3

Does this mean they are trading insolvent now? As the $2M was part of them stating they are a going concern. $2M isnt a small amount and would have been material to that going concern.

With the tax debt (that if unpaid they then are on the hook for interest) + the loan debt $1.3M @ 16% + obligations to the team how are they able to operate solvent?

I guess that's what the $1M extra raise is for but it feels like you cant keep this up