Earth Science Tech, Inc. reports news on its role as a diversified healthcare and wellness holding company with OTC-traded common stock. Recurring updates cover its compounding pharmacy operations, including RxCompoundStore.com and Mister Meds, and telemedicine platforms such as Peaks Curative, DOConsultation, MOCTeledoc and MyOnlineConsultation.com.
Company announcements also address financial results, public-company governance, auditor and investor-relations changes, industry-classification updates, FINRA quotation clearance, and portfolio activity outside healthcare through Avenvi real estate and asset management and MagneChef direct-to-consumer products.
Earth Science Tech, Inc. (OTC: ETST) has announced a dual-phase acquisition strategy involving RxCompoundstore.com, Peaks Curative, and JCR Medical Equipment to enhance its market positioning in the pharmaceutical compounding, telemedicine, and medical equipment sectors. Phase I, set to start in October 2021, includes RxCS and PC, targeting a collective market worth over $73 billion with a CAGR of 11.5%. Phase II will involve JCR, aiming for a market estimated at $1 billion with a CAGR of 6.4%. The acquisitions aim to maximize shareholder value and integrate operations efficiently.
Earth Science Tech, Inc. (OTC: ETST) has regained its current status with the SEC, filing delinquent reports for both the year-end and quarterly periods. This recovery was facilitated by new receiver William A. Leonard, who replaced former receiver Robert L. Stevens amidst shareholder litigation. The company is also pursuing acquisitions, including JCR Medical Equipment, enhancing its operational capacity with new office space. Additionally, ETST is in talks to license its medical device, HygeeTM, while continuing to sell remaining inventory of hemp products.