It is a well known fact that you can’t wear underwear and expect to properly fit into an alien costume.
Also featuring A Place Beyond The Stars, Waters Of Forgetfulness, and Beware The Robot!
Also, Space-Liner X-87
Also, Land Of No Return and Forever Tomorrow
This was the first and only issue. It also included Beyond Hell, The Earth-Stealers, and Speed Will Be My Bride, and included interior art by Jack Kirby, Joe Simon and Alex Schomburg.
The cover itself is a bit of a mystery. The ISFDB and Wikipedia lists it as a Norman Saunders, but NormanSaunders.com disagrees, and to me it looks nothing like Saunders’ work. ComicsBookStories has it tagged as H.J. Ward, which looks slightly more plausible, but still seems unlikely.
The entire issue can be downloaded here