Earth Science Tech, Inc. Board of Directors Approves Reduction of Authorized Common Stock

Core Points - Earth Science Tech, Inc. has announced a reduction in its authorized shares of common stock from 350 million to 300 million, reflecting the Board's confidence in the company's trajectory and commitment to long-term shareholder value [1][2][3] - The current outstanding share count is approximately 294.3 million, leading the Board to determine that the previous authorization level was unnecessary [3] Company Overview - Earth Science Tech, Inc. operates as a strategic holding company focused on acquiring and scaling high-potential businesses, with current operations in compounding pharmaceuticals, telemedicine, and real estate development through its subsidiaries [4] - The company's subsidiaries include RxCompoundStore.com, Peaks Curative, Avenvi, Mister Meds, and others, each specializing in different aspects of healthcare and real estate [4][6][10] - RxCompoundStore.com is a licensed compounding pharmacy operating in multiple states and is actively pursuing licensure in the remaining U.S. states [5] - Peaks Curative is a telemedicine platform that offers consultations for compounded medications and is expanding its services nationwide [7] - Avenvi is involved in real estate development and manages the company's ongoing $5 million share repurchase program [10]