Commitments and Contingencies (Details) |
12 Months Ended |
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Aug. 31, 2020 | |
Commitments and Contingencies Disclosure [Abstract] | |
Legal Matters Description | On December 27, 2018, the Company executed and delivered: (i) a Settlement Agreement (the “Settlement Agreement”) with Redline Capital Management S.A. (“Redline”) and Momentum Asset Partners II, LLC; (ii) a secured promissory note payable to Redline in the principal amount of $6,000,000 (the “Note”) with a maturity date of 27 December 2020, bearing interest at 10% per annum; and (iii) a Security Agreement (together with the Settlement Agreement and the Note, the “Redline Agreements”) among the Company, Redline, and TMC Capital, LLC (“TMC”), an indirect wholly-owned subsidiary of the Company. |
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- Definition Description of legal matters. No definition available.
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- References No definition available.
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