Earth Science Tech, Inc., Shares an Annual Letter from the CEO for the Company’s Fiscal March 31, 2024, Year End

Miami, FL, April 29, 2024 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTC: ETST) (“ETST” or “Company”), a holding entity currently focused on the health and wellness industry, today shares a letter from the Company’s CEO, Giorgio R. Saumat on the many accomplishments leading to a successful year.

Dear Stakeholders, 

It is with a great deal of excitement that I write this annual letter to you. 

The last year has been one of incredible progress at ETST. I have fielded many calls and emails to which I simply have had no comment or response. Now that we have closed our fiscal year on March 31st, it is appropriate for me to update you on the status and progress of the company over the latest fiscal year. 

We are executing! Our company has had big accomplishments. Here they are:

• RxCompoundStore.com is licensed in 22 States with multiple States pending, this is up from 2 States a year ago. 
  
  
• The company has 31 official employees with an additional 11 independent/temporary contractors who we intend to convert into full-time or for whom we intend to create in-house positions as soon as reasonably possible, for a total of 42. 
  
  
• The company has an impressive Board of Directors consisting of 5 members, including 2 independent members. 
  
  
• The Board of Directors has created an audit committee of 3 members, with 1 independent director serving on the committee. 
  
  
• The company has retired most, if not all, long-term liabilities, making for a cleaner balance sheet. 
  
  
• The company has hired a new CFO, Ernesto L. Flores, who is leading the company through our current 10-k annual audit. 
  
  
• The company has hired a new CTO, Chris Rose, who is transforming our technology and digital compliance across the entire organization. 
  
  
• Peaks Curative has been activated, revamped its properties (PeaksCurative.com / PeakNow.com / ViagraMia.com / MySexGummy.com / MyOnlineConsultation.com / WLSolution.com / WeightLossSolution.com / ScreamCream.net / ClearupSkinCare.com / iHairSolution.com), started marketing, and is generating sales across all segments of its business.
  
  
• RxCompoundStore.com continues to refine and develop DocProtocol.com to provide prescribers access to unique protocols that assist them in using RxCompoundStore.com compounds to enhance their patients’ health and wellness. 
  
  
• The company has repurchased 5,200,002 shares, representing 1.6% of the outstanding share count as of the end of the 3rd quarter, for an aggregate $178,000.08 or .034/Share.