secwatch.observer — SEC 8-K summary
======================================

Issuer:     Earth Science Tech, Inc. (ETST)
CIK:        0001538495
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001493152-21-027473
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Earth Science Tech acquires RxCompound and Peaks for $300K + 3M shares; appoints Mario Tabraue as President and director
--------------------------------------------------------------------------------

- Acquires RxCompoundStore.com and Peaks Curative for $300K cash and 3M shares; related party transaction (brother of CEO).
- RxCompound is a compounding pharmacy licensed in NY and FL; DEA registered for Schedules II and III controlled medications.
- Peaks is a telemedicine referral site for men's ED products; will refer prescriptions to RxCompound.
- Mario Tabraue appointed President and director; Nickolas Tabraue continues as CEO.
- Cash consideration paid as company receives financing; shares held in escrow until closing conditions met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538495/000149315221027473/0001493152-21-027473-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538495/000149315221027473/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-027473

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer