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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 17, 2023
Commission
File No. 000-55000
EARTH
SCIENCE TECH, INC.
(Exact
name of registrant as specified in its charter)
florida |
|
80-0961484 |
(State or other jurisdiction
of |
|
(I.R.S. Employer |
incorporation or organization) |
|
Identification No.) |
8950
SW 74 th CT
Suite
101
Miami,
FL 33156, USA
(Address
of principal executive offices, zip code)
(305)
724-5684
(Registrant’s
telephone number, including area code)
10650
NW 29th Terrace
Doral,
FL 33172, USA
(Former
name, former address and former fiscal year, if changed since last report)
Securities
registered pursuant to Section 12(g) of the Act:
Title
of Each Class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
Common Stock $0.001 par
value |
|
ETST |
|
Over the Counter Bulletin
Board |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01 Regulation FD Disclosure
On
July 17, 2023, Earth Science Tech, Inc., a Florida corporation (the “Company”) issued a press release (the “Release”)
announcing the appointment of Gabrielle Schuster as Chief Financial Officer. Furthermore, the Company announced that is subsidiary RxCompoundStore.com,
LLC. received approval to ship into additional sates.
The
information included in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities
of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this
Item 7.01 shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required
to be disclosed solely to satisfy the requirements of Regulation FD.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
EARTH
SCIENCE TECH, INC. |
|
|
|
Dated:
July 17, 2023 |
By: |
/s/
Giorgio R. Saumat |
|
|
Giorgio
R. Saumat |
|
Its: |
CEO
and Chairman of the Board |
Exhibit
99.1
Earth
Science Tech, Inc., Appoints New CFO and Shares that RxCompoundStore.com, LLC.
has Received Approval to Ship into Additional States
Miami,
FL, July 17, 2023, Earth Science Tech, Inc. (OTC: ETST) (“ETST” or “Company”), a holding entity currently focused
on the health and wellness industry, today shares that the Board of Directors has appointed Gabrielle Schuster as Chief Financial Officer
(“CFO”) of the Company. Furthermore, its subsidiary, RxCompoundStore.com, LLC. has received approval to ship into additional
states.
CFO
Appointment:
On
July 17, 2023, the Company’s Board of Directors appointed Gabrielle Schuster as the Company’s CFO succeeding Wendell Hecker.
Gabrielle
Schuster is a licensed Certified Public Accountant and member of the AICPA. She is a graduate of Florida Atlantic University and holds
a Bachelor of Science degree, majoring in accounting. Gabrielle has over 10 years of experience working in the public accounting arena
with extensive experience in financial statement audit, controls assessment, and financial reporting. She began her career at Deloitte
performing financial statement audits for both publicly traded and privately held clients. She continued her career accomplishments at
Ryder Systems, Inc. and Tyco International focusing on management of the close process and operational reporting. Gabrielle went on to
serve as controller in a variety of industries including real estate & property management, and medical consulting where she excelled
in building accounting teams, developing refined month end close processes and automating financial reporting and consolidation. In 2015,
Gabrielle joined IZ Forensics, LLC providing business consulting and outsourced controller services.
RxCompoundStore.com,
LLC. Additional States Approval:
As
of July 17, 2023, RxCompoundStore.com, LLC. has expanded its dispensing capability to ship into five additional states. RxCompoundStore.com,
LLC. is now positioned to fulfill in fourteen major states that include Florida, New York, New Jersey, Delaware, Pennsylvania, Rhode
Island, Nevada, Colorado, Arizona, Utah, Georgia, Wisconsin, Minnesota, and Massachusetts.
“We
are very appreciative of Mr. Hecker’s time as CFO for ETST. I want to thank him for agreeing to stay on board as a consultant while
our new CFO Gabrielle Schuster settles in. I think Gabrielle is a great addition to our management team and I look forward to working
with her as we continue towards our goal of making this a great company.” stated ETST’s CEO and Chairman of the Board, Giorgio
R. Saumat.
About
Earth Science Tech, Inc.
Earth
Science Tech, Inc. is a holding entity currently in compounding pharmaceuticals and telemedicine through its wholly owned subsidiaries
RxCompoundStore.com, LLC., Peaks Curative, LLC. and Earth Science Foundation, Inc.
To
learn more, please visit: www.EarthScienceTech.com
RxCompoundStore.com,
LLC.
RxCompound
is a complete compounding pharmacy. RxCompound is currently licensed to fulfill prescriptions in the states of Florida, New York, New
Jersey, Delaware, Pennsylvania, Rhode Island, Nevada, Colorado, Arizona, Utah, Georgia, Wisconsin, Minnesota and Massachusetts. RxCompound
is in the application process to obtain licenses in the remaining states in which it is not yet approved to ship prescriptions.
To
learn more please visit: www.RxCompoundStore.com
About
Peaks Curative, LLC.
Peaks
is a telemedicine referral site focused on men’s health. Peaks’ orders are exclusively fulfilled by RxCompound. Patients
who order Peaks via monthly subscription receive their refills automatically. Currently, Peaks is focused on Men’s health, and,
more specifically, ED. The company intends to expand offerings to include over the counter (“OTC”) (non-prescription) products
such as supplements and topicals. The OTC products will be custom manufactured or fulfilled through partnered companies under the Peaks
brand and offered worldwide.
To
learn more please visit: www.PeaksCurative.com
About
Earth Science Foundation, Inc.
Earth
Science Foundation Inc. is a favored entity of the Company, effectively being a non-profit organization that was incorporated on February
11, 2019, and is structured to accept grants and donations to help those in need of assistance in paying for prescriptions.
SAFE
HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section
21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations,
cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives
of management for future operations, listing on the CSE, including words such as “anticipate,” “if,” “believe,”
“plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,”
“will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies,
many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated
results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter
our forward-looking statements, whether as a result of new information, future events or otherwise.
Company
Contact:
Nickolas
S. Tabraue
Chief
Compliance Officer
(786)
375-7281
Nick@earthsciencetech.com
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