secwatch.observer — SEC 8-K summary
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Issuer:     Earth Science Tech, Inc. (ETST)
CIK:        0001538495
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001493152-23-021923
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ETST retired ~$1.5M (81%) of liabilities, expanded pharmacy licenses, eliminated convertible notes
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- Retired ~$1.5M or 81% of liabilities from start of FY2022.
- RxCompound obtained dispensing licenses in 7 additional states; sterile compounding lab began sales May 2023.
- Largest shareholder converted $385K in notes to equity; no convertible notes remain outstanding.
- Created DocProtocol.com, viagramia.com, and mysexgummy.com for telehealth and men's health.
- CEO expects significant revenue growth; believes no further financing needed unless for an acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538495/000149315223021923/0001493152-23-021923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538495/000149315223021923/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-021923

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