Earth Science Tech Appoints New CMO and Directors

TL;DR

ESTI just brought in a new CMO and two board members, potentially shaking things up.

AI Summary

Earth Science Tech, Inc. announced on April 16, 2024, the appointment of Dr. Steven R. Schram as Chief Medical Officer and the election of Dr. Schram and Ms. Maria L. Latorre to its Board of Directors. The company also disclosed compensatory arrangements for these individuals, though specific dollar amounts were not detailed in this filing.

Why It Matters

The appointment of a Chief Medical Officer and new board members can signal a strategic shift or expansion in the company's focus, potentially impacting its research and development or market positioning.

Risk Assessment

Risk Level: medium — The filing details executive and board changes, which can introduce uncertainty regarding future strategy and leadership effectiveness.

Key Players & Entities

• Earth Science Tech, Inc. (company) — Registrant
• Dr. Steven R. Schram (person) — Appointed Chief Medical Officer and elected to Board of Directors
• Ms. Maria L. Latorre (person) — Elected to Board of Directors
• April 16, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock $0.001 par value ETST Over the Counter Bul

Filing Documents

• form8-k.htm (8-K) — 39KB
• 0001493152-24-015302.txt ( ) — 209KB
• etst-20240416.xsd (EX-101.SCH) — 3KB
• etst-20240416_lab.xml (EX-101.LAB) — 33KB
• etst-20240416_pre.xml (EX-101.PRE) — 22KB
• form8-k_htm.xml (XML) — 4KB

From the Filing

UNITED 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): April 16, 2024 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 16, 2024, Earth Science Tech, Inc. a Florida corporation (the "Company"), Board of Directors appointed Christopher Rose as the Company's Chief Technology Officer ("CTO"). The CTO will receive an annual base salary of two hundred seventy thousand dollars, paid biweekly. Additionally, the CTO will receive bonuses upon completing agreed-upon milestones and may be eligible for a year-end discretionary bonus determined by the Chief Executive Officer of the Company. Biological Information Christopher Rose – Age 47 Chris Rose is a dynamic and innovative leader with a diverse background in technology, entrepreneurship, and strategic leadership. In his former leadership role at a Fortune 100 company, Chris established and managed an enterprise-wide automation factory. That factory, comprised of a diverse team across the US, UK, and India, achieved significant milestones, including twenty million dollars in annual transactional cost reduction and the automation of over hundreds business processes. Chris has always had an entrepreneurial spirit. He brings his passion for, and successful experience with, leading startups to ETST, where he employs technology to achieve tangible business outcomes, predominantly driving operational efficiency and cost savings. Chris is known for his hands-on approach, collaborative leadership style, and commitment to developing high-performing teams. A Miami native, Chris is also an adventurer who enjoys freediving, spearfishing, and boating, and who carries with him an unwavering optimism. With twenty plus years of technology leadership and exploration behind him, he is uniquely poised to make a significant impact as ETST's Chief Technology Officer. Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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: April 19, 2024 By: /s/ Giorgio R. Saumat Giorgio R. Saumat Its: CEO and Chairman of the Board

View Full Filing

View this 8-K filing on SEC EDGAR