other material
confidence high
sentiment neutral
materiality 0.35
Earth Science Tech approves new CEO/COO compensation tied to monthly cash receipts
Earth Science Tech, Inc.
- CEO Saumat to receive 18% of monthly cash receipts; COO Tabraue 12%, starting Oct 1, 2024.
- Payments conditioned on quarter-over-quarter net profit increase; else renegotiation required.
- COO Tabraue relinquishes all roles in wholly owned subsidiaries and associated compensation.
- CEO and COO both entered new 12-month employment agreements effective August 16, 2024.