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You don’t have to be great to start, but you do have to start to be great!
Monday, June 20th, 2023
Dear Shareholders and Investors,
On June 20, 2023, Earth Science Tech, Inc., a Florida corporation (the “Company”) filed its 10-K reporting its financial results for the year ended March 31, 2023.
2022 Fiscal Year Highlights:
Subsequent highlights:
While the 10-K reflects incredible improvement during the last Fiscal Year, it was only the first couple of steps of a much longer journey; however, those first couple of steps have already moved the company forward significantly. As I look forward to the end of the current first quarter on June 30th, based on the sales of the subsidiaries and their respective properties, I anticipate a significant growth in revenue and free cash flow.
As of today’s date, it is my opinion the company will not need any additional financing or equity sales, unless we undertake an acquisition, as the operations of the subsidiaries are proving they will generate sufficient cash to service all existing debts and future operations.
Lastly, I want to say thank you to all stakeholders in ETST. I know an organization is only as strong as its management and employees; we are exceptionally strong in both. I appreciate your patience as we assembled the pieces to be successful, and I now believe we are on a path to becoming a great company.
Sincerely,
Giorgio R. Saumat
Chairman & CEO
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Disclaimer
Earth Science Tech Inc. published this content on 20 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2023 13:27:17 UTC.

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