General form of registration statement for all companies including face-amount certificate companies

COMMITMENTS AND CONTINGENCIES

v3.20.2
COMMITMENTS AND CONTINGENCIES
9 Months Ended 12 Months Ended
May 31, 2020
Aug. 31, 2019
Commitments and Contingencies Disclosure [Abstract]    
COMMITMENTS AND CONTINGENCIES

NOTE 7 – COMMITMENTS AND CONTINGENCIES

 

The Company has certain financial commitments in relation to Research and Development contracts as of May 31, 2020, as follows:

 

 

·

The Company is invoiced monthly and quarterly in connection with several Research and Development contracts.

 

·

The Company may be obligated to make additional payments related to Research and Development contracts entered into, dependent on the progress and milestones achieved through the programs.

 

·

Our principal executive office is currently located at 888 Prospect Street, Suite 210, La Jolla, CA, 92037, U.S. Additionally, we have an office located at 29 Fitzwilliam Street Upper, Dublin 2 Ireland which serves as administrative space for managing our European subsidiaries: Trinity Reliant Ventures, Ltd (Ireland) and Artelo Biosciences Limited (U.K.). We do not currently own any properties, laboratories, or manufacturing facilities. The leases for our office space are month-to-month.

NOTE 8 – COMMITMENTS AND CONTENGENCIES

 

The Company has certain financial commitments in relation to Research and Development contracts. As of August 31, 2019:

 

 

·

The Company is invoiced monthly and quarterly in relation to several Research and Development contracts.

     
 

·

The Company may be obligated to make additional payments related to Research and Development contracts entered into, dependent on the progress and milestones achieved through the programs.

 

 

 

 

·

Our principal executive office is currently located at 888 Prospect Street, Suite 210, La Jolla, CA, 92037, U.S. Additionally, we have an office located at 29 Fitzwilliam Street Upper, Dublin 2 Ireland which serves as administrative space for managing our European subsidiaries: Trinity Reliant Ventures, Ltd (Ireland) and Trinity Research & Development, Ltd. (U.K.). We do not currently own any properties, laboratories, or manufacturing facilities. The leases for our office space are month-to-month.