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Earth Science Tech (OTC: ETST) touts buybacks, cash flow and segment focus

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Earth Science Tech, Inc. provided a shareholder update highlighting major milestones for the fiscal year ended March 31, 2026. The company reports repurchasing over 6.9 million shares of common stock since fiscal Q1 2026 and states it has been cash flow positive across its operating platform while pursuing debt-free growth.

The Health/Wellness segment is described as the core operating engine expected to generate most revenue, with Peaks Curative surpassing $2 million in revenue in the first week of fiscal Q4 2026. Management also notes three additional properties under development awaiting final permits and says 3,150,392 shares of common stock have been retired quarter-to-date, positioning the company, in its view, in real financial strength entering the new fiscal year.

Positive

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Insights

ETST emphasizes buybacks, cash flow positivity, and segment focus, but without detailed financials.

Earth Science Tech uses this update to frame FY 2026 as a transformational year, highlighting over 6.9 million shares repurchased since fiscal Q1 2026 and quarter-to-date retirement of 3,150,392 shares. Management also stresses that growth is being pursued on a debt-free basis.

The letter introduces clearer segment reporting between Health/Wellness and Corporate/Other, with Health/Wellness expected to drive most revenue and Peaks Curative surpassing $2 million in revenue in the first week of fiscal Q4 2026. Corporate/Other is described as generating strong cash flow and holding three additional properties awaiting permits.

While these points suggest operational momentum and active capital management, the absence of full income, balance sheet, and cash flow data in this update limits the ability to assess scale or sustainability. The more complete picture is expected when the company files its 10-K for the year ended March 31, 2026.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Share repurchases since fiscal Q1 2026 Over 6.9 million shares Common stock repurchased since fiscal Q1 2026
Shares retired quarter-to-date 3,150,392 shares Common stock retired quarter-to-date as referenced in the letter
Peaks Curative revenue Over $2 million Revenue in the first week of fiscal Q4 2026
Development properties 3 properties Additional properties for development awaiting final permit approval
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure On June 10, 2026, the Company issued a press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
emerging growth company regulatory
"Emerging growth company Item 7.01 Regulation FD Disclosure"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
vertically integrated healthcare platform financial
"build a vertically integrated healthcare platform that combines compounding pharmacy operations"
forward-looking statements regulatory
"Except for historical information, the matters discussed herein may be considered “forward-looking” statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
telemedicine platforms technical
"that combines compounding pharmacy operations, telemedicine platforms, clinical support"
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false 0001538495 0001538495 2026-06-10 2026-06-10 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

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): June 10, 2026

 

Commission File No. 000-55000

 

EARTH SCIENCE TECH, INC.

(Exact name of registrant as specified in its charter)

 

florida   45-4267181
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)

 

8950 SW 74th CT

Suite 1401

Miami, FL 33156, USA

(Address of principal executive offices, zip code)

 

(305) 724-5684

(Registrant’s telephone number, including area code)

 

 

(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 7.01 Regulation FD Disclosure

 

On June 10, 2026, the Company issued a press release (the “Release”) announcing its annual shareholder letter for FY ended March 31, 2026.

 

A copy of the Release issued by the Company on June 10, 2026, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits – The following exhibits are filed as part of this report:

 

Exhibit No.   Description
99.1   Press release issued by the registrant on June 10, 2026
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: June 10, 2026 By: /s/ Giorgio R. Saumat
    Giorgio R. Saumat
  Its: CEO and Chairman of the Board

 

 

 

 

Exhibit 99.1

 

Earth Science Tech, Inc. (ETST) Annual Shareholder Letter for FY Ended March 31, 2026

 

“We measure our progress not only by the milestones we reached, but by the capabilities we built to reach the ones still ahead.”

 

 Over 6.9 million shares of common stock repurchased since fiscal Q1 2026
 Peaks Curative surpassed $2 million in revenue in the first week of Fiscal Q4 2026
 Cash flow positive across its operating platform
 Expanding with disciplined, debt-free growth

 

Miami, FL, June 10, 2026, Earth Science Tech, Inc. (OTC: ETST) (“ETST” or “Company”), a strategic holding company, today provided a business update in a letter to shareholders.

 

Dear Shareholders,

 

The fiscal year ended March 31, 2026, was a truly transformational one for our company. It was not an easy year—we navigated real highs and lows—but I believe we set the stage for the next leg of our journey: the chapter in which Earth Science Tech turns from a bold endeavor into a lasting legacy, one this management team will be proud to have built. And for those who don’t yet know who ETST is, I’ll say it plainly—I believe you are going to be sorry you weren’t paying attention.

 

To make that case, let me share a few of the milestones we reached last fiscal year. As you read them, I’d ask you to notice the theme that runs through every one:

 

 Having acquired the Texas property that houses Mister Meds in the prior fiscal year, we built the location from the ground up and launched operations that grow stronger every day—without adding any debt to our balance sheet.

 

 Having acquired DOConsultation and Villas Health, we turned both assets around, and together they are now cash flow positive. Their impact has reached across our entire health/wellness segment, and they were instrumental in the achievement that follows in the next bullet point—without adding any debt to our balance sheet.

 

 We redesigned and rebuilt our proprietary technology stack and re-launched MyOnlineConsultation (MOC Teledoc) as a prescriber network that has been cash flow positive since its very first day of operation—without adding any debt to our balance sheet.

 

 We accelerated our marketing efforts at Peaks and grew their revenue substantially, surpassing the $2 million mark in the first week of our fourth quarter—without adding any debt to our balance sheet.

 

 We permitted and built out the first residential property at Avenvi, which is under contract for sale—without adding any debt to our balance sheet.

 

 

 

 

 We repurchased and retired 3,773,296 shares of our outstanding stock—without adding any debt to our balance sheet.

 

 And after a long and costly process, FINRA cleared our Form 211 in December—funded, once again, without adding any debt to our balance sheet.

 

I could go on, but I want to keep this letter brief, and we will be filing our 10-K annual report in the coming weeks. The point is simply this: in my view, we began the new fiscal year in a position of real financial strength.

 

Looking ahead, our core focus remains on optimizing the operational frameworks of our holdings to support scalable, sustainable expansion. For the sake of clarity, transparency, and financial alignment, effective March 31, 2026 (Fiscal Year 2026) we will present our results across two primary segments: Health/Wellness and Corporate/Other. When we file our 10-K, you will also notice that we have refined our description of the company to better reflect what Earth Science Tech does as a consolidated entity. I expect every company under the ETST umbrella to expand its geographic footprint this year, and we will pursue acquisitions and/or partnerships where they help us meet that goal.

 

Our Health/Wellness segment is the core operating engine of the company, and we expect it to drive most of the total revenue this fiscal year. It is building genuine forward momentum, fueled by rising volumes, expanding provider relationships, and the advantages of a vertically integrated model.

 

Our Corporate/Other segment has generated strong cash flow quarter-to-date. Currently, the company has three additional properties for development awaiting final permit approval. We have also retired 3,150,392 shares of our common stock quarter-to-date.

 

On behalf of the entire leadership team, I extend my sincere gratitude to you, our shareholders, for your continued trust and support. Everything we have achieved is the direct result of collective dedication—and it marks the beginning of what we believe is a far larger corporate trajectory.

 

I cannot end this letter without stating, as the largest shareholder of ETST, how proud I am of all the people that work at ETST and/or its holdings. We have the best management team I have ever been a part of and the culture that filters down through the entire organization is nothing short of amazing.

 

I look forward to meeting shareholders at the Planet Microcap Conference in Las Vegas on June 16th – 18th or at our annual shareholder meeting (date TBD – after we file our 10-K annual report).

 

As we set our sights on the milestones ahead, we remain fiercely committed to transparency and to a relentless focus on maximizing shareholder value.

 

Regards,

 

Giorgio R. Saumat

CEO & Chairman of the Board

 

 

 

 

About Earth Science Tech, Inc. (ETST)

 

Earth Science Tech, Inc. operates as a diversified holding company focused on the health and wellness sector. The Company’s principal operating strategy is to build a vertically integrated healthcare platform that combines compounding pharmacy operations, telemedicine platforms, clinical support, and direct-to-patient fulfillment. The Company’s healthcare operations are supported by investments in real estate and asset management activities and a consumer products business.

 

The core of the Company’s value proposition is the seamless integration of patient care, from consultation to fulfillment. This is achieved through the synergy of specialized subsidiaries.

 

To learn more, please visit: www.ETST.com

 

Forward-Looking Statements

 

Except for historical information, the matters discussed herein may be considered “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.

 

Such statements include declarations regarding the intent, belief or current expectations of the Company and its management, including, without limitation, future-oriented statements related to cash flow, gross margins, revenues, and expenses. These statements are based on and reflect our current expectations, estimates, assumptions and/or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts. They may include forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. Forward-looking statements are subject to a number of risks and uncertainties that may cause the Company’s actual results to differ materially from our intent, belief or current expectations, including, inter alia, the markets for the Company’s products and services, costs of goods and services, other expenses, government regulations, litigations, and general business conditions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. The Company assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.

 

Contact:

 

Hayden IR

James Carbonara

(646)-755-7412

james@haydenir.com

 

Brett Maas

(646) 536-7331

brett@haydenir.com

 

 

 

FAQ

What did Earth Science Tech (ETST) highlight in its FY 2026 shareholder letter?

Earth Science Tech highlighted a transformational fiscal year ended March 31, 2026, emphasizing share repurchases, cash flow positivity, and debt-free expansion. Management framed these developments as positioning the company for its next growth phase across health, wellness, and corporate holdings.

How many Earth Science Tech (ETST) shares were repurchased or retired?

The company reports repurchasing over 6.9 million shares of common stock since fiscal Q1 2026. It also states that 3,150,392 shares of common stock have been retired quarter-to-date, underscoring an active approach to capital and share-count management in recent periods.

How is Earth Science Tech’s Peaks Curative business performing?

Peaks Curative surpassed $2 million in revenue in the first week of fiscal Q4 2026, according to the shareholder letter. This performance is presented as evidence of growing momentum in the Health/Wellness segment, which management expects to drive most company revenue this fiscal year.

What segments will Earth Science Tech (ETST) report going forward?

Effective for fiscal year 2026, Earth Science Tech will present results across two primary segments: Health/Wellness and Corporate/Other. Management says this segmentation is intended to improve clarity, transparency, and financial alignment around its vertically integrated healthcare and supporting activities.

Is Earth Science Tech currently cash flow positive or using debt for growth?

The shareholder letter states that Earth Science Tech is cash flow positive across its operating platform and is expanding with disciplined, debt-free growth. Management positions this combination of cash generation and minimal leverage as a key strength entering the new fiscal year.

What development projects does Earth Science Tech mention in the update?

Within its Corporate/Other segment, Earth Science Tech notes three additional properties for development that are awaiting final permit approval. These projects are part of the supporting real estate and asset management activities that complement its core healthcare and wellness operations.

Filing Exhibits & Attachments

4 documents