Earth Science Tech, Inc 8-K, filed Mar 5, 2024
Earth Science Tech, Inc. (ETST)
About this 8-K
Earth Science Tech, Inc filed this 8-K on March 5, 2024, reporting on events of March 4, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
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10650 NW 29th Terrace
Doral, FL 33172, USA
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Item 5.02(b) Departure of Directors Certain Officers
On March 3, 2024, Earth Science Tech, Inc., a Florida corporation (the “Company”), received a resignation notice from Gabrielle Schuster resigning from her role as Chief Financial Officer (“CFO”).
Item 5.02(c) Election of Certain Officers
On March 4, 2024, the Board of Directors of the Company appointed Ernesto L. Flores as the Company’s CFO, succeeding Gabrielle Schuster. Mr. Flores will receive an annual base salary of one hundred sixty thousand dollars, paid biweekly. Additionally, Mr. Flores 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
Ernesto Flores – Age 39
Mr. Flores is an accomplished financial professional with over a decade of experience and a strong educational background. He holds a Bachelor of Science degree in Accounting from Florida National University and a Master of Science degree in Taxation from Nova Southeastern University.
Throughout his career, Mr. Flores has held significant roles in both large corporations and mid-sized organizations, demonstrating adaptability and leadership. At St. George Logistics, he served as Divisional Controller, overseeing financial operations and ensuring regulatory compliance. His four-year tenure at Curated Investments LLC as Financial Controller highlighted his ability to manage financial functions effectively and drive strategic initiatives.
Mr. Flores possesses a diverse skill set, including preparing companies for growth, implementing systems integration, maintaining controllership, managing risk, optimizing inventory control, overseeing P&L management, establishing internal controls, facilitating financial reporting, conducting audits, and driving process improvements.
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: March 5, 2024 | By: | /s/ Giorgio R. Saumat |
| Giorgio R. Saumat | ||
| Its: | CEO and Chairman of the Board | |