Earth Science Tech Inc (PK) (ETST) News

Although on paper, that look ridiculous, this is actually less than their previous contract. The previous contract was 31.5% of revenue. This is 30% of cash, meaning the cash after gross margin, SGA, etc. So with this contract it's a meaningful cut. Still too much in my opinion, but they are doing a great job at running the country and growing revs/profits.

So it was reported today in an 8K filing that two individuals are going to be receiving (30%) of the cash receipts from the company moving forward so long as the profits increase quarter over quarter. That's something that I have never seen before. Is this par for the course with start-ups?

Yes if you've been paying attention to the shares on dtc you will see th reductions in shares. The last official reduction and retiring of shares on dtc was for around 720k shares. He doesn't report price per buy, but in the 10qs and 10k they will report how much they paid for retiring the shares.

So is Avenvi LLC purchasing the shares on the open market on the down-low since it's a private firm??? Giorgio R. Saumat runs that private company and I haven't seen any publications of him making any purchases recently on the Edgar Financial pages...the most recent insider purchase reported was made August 8th and reported on the 9th.

So is Avenvi LLC purchasing the shares on the open market on the down-low since it's a private firm??? Giorgio R. Saumat runs that private company and I haven't seen any publications of him making any purchases recently on the Edgar Financial pages...the most recent insider purchase reported was made August 8th and reported on the 9th.

Company buyback. Did you see the latest o/s update on otcmarkets.com? Company bought back and retired over 700k shares from the dtc. Honestly at the price they bought them back, they could buy the entire dtc float and still have money leftover in their 5m buy back program. They're likely trying to buy back as much as possible now before share price rises too much.

Where is all of this volume coming from today 8/16/24 that wasn't there earlier in the week??

Thanks a lot for your explanation

Volume is pretty low and it is a pink sheets stock. You have to realize this trades with what is called, unsolicited quotes. That means that the bid and ask are actually real people making buy and sell orders. There are no market makers providing guaranteed liquidity. So basically this trades pretty thin. Once they uplist to QX, market makers will likely accumulate shares to provide guaranteed liquidity and a better bid ask spread. And eventually some institutions will also buy, but not until this is trading above 5 dollars. Be it either naturally rising or by reverse split. Not sure the company is interested in reverse splitting or listing on higher exchange than QX because there is zero need for raising money via share offering. So in all likelihood the company will become a sort of tier 1 stock on QX within 3 years, and imo will be a minimum of a dollar. The float keeps getting bought and those that want to get out are selling to insiders or the lucky ones on the bid. If you're patient enough you could just throw out some low bids to see if they get sold to.

Then does anyone know why this stock has been going south for the last few weeks?

https://www.globenewswire.com/en/news-release/2024/07/29/2920650/0/en/Earth-Science-Tech-Inc-Reports-its-June-30-2024-Quarter-Results-Recording-Over-8-5M-in-Revenue-and-1-07M-in-Net-Profit.html

Monster quarter!

These little 500 share buys have to be the buy back. Who the heck is gona make that small of a buy?

This company is really doing great things!

For what exactly? Can you be a bit more specific

Just a matter of time.

Everything that this company is "into" and what they do is clearly spelled out in press releases and financial disclosures to FINRA...where can it go from here is anyone's guess...It has a very low float for a penny stock so it can certainly moon easily from here...however plenty of shareholders (I'm guessing) have been holding this for a very long time and most likely looking for their exit strategy but the price just hasn't risen enough yet for people to get out. I'd really like to see a Whole dollar again.

Where can this go from here....What industry are they in

Are people paying attention to the insider purchases of common stock on the Open Market???

Severely under the radar still. What a gem.

And this:

The company has retired most, if not all, long-term liabilities, making for a cleaner balance sheet.

https://www.otcmarkets.com/stock/ETST/news/story?e&id=2840792

Wow 5.7m in 4th qtr revenue!

Nice update:

https://www.otcmarkets.com/stock/ETST/news/story?e&id=2840792

Anybody out there? This company is printing money and is in a very good position to continue growing for years to come. I would not be surprised to see this trade at a quarter or more someday.

Huge buyer now at 0.045...

Huge seller at a nickel.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001538495/000149315222029793/form8-k.htm

Must have missed a payment

We’re you in wsft? Or lusi, tips, nugn, or others when little to no volume at bottoms?

Most investments have some risk. It may or may not run. Waiting on company to see if what the updates will be they mentioned.

Just one of many strategies.

k. shur. on volume of 88k? lol.

I’ll try and remember to message you when it’s up 100-500% some day :)

Chart looks poised to spring into action!....in 2035.

Temporary website - https://www.earthsciencetech.com/

This one is accumulated and coiled up. Updates any day, week, or month here.

I am patient.

Updates coming, out of receivership, board of directors in control, new direction coming, and website being worked on.

Needs dollar volume.

Very nice! Good timing. First tweet of year by company out today. After a bunch of recent 8k.

Nice to see the movement.

Updates coming imo.

i bought some just in case shares this morning....and will buy more if it drops more

you seemed to be a smart fellow,to me it says they are continuing business as usual...show me differently

People slapping on bankruptcy filing lmao

8k out

Weeeeeeeee!!!!!!! $ETST

ETST RS is coming Tica tac ..couple months.. after up again... :)

LOL !! ETST today + 2500% UP...bandito here... :)

Ya that’s great you gotta be from Canada to buy

Slap it!!!!

Wow nothing on level 2 ask above .03..:

But, hey I’ll take it cause I still have 2 million shares I’d like to sell. Let’s go!!! $ETST

Nobody wanted this when it was pink current but now that it went from to expert back to pink current people are pumping it lmao smh

🚨 ETST

💰 0,000001000
🟣 Market Updated:
🔴Old Value: Expert Market
🟢New Value: Pink Current

Graph: https://t.co/ac9sYxRRAr
AS: 75.000.000
OS: 54.183.056

Updated: 2022-04-29 08:02:00— TB (@tb97132232) April 29, 2022

ETST

Market Updated:

Old Value: Expert Market
New Value: Pink Current

Graph: http://stock-scan.io/OSASGraph/ETST
AS: 75.000.000
OS: 54.183.056

Updated: 2022-04-29 08:02:00

Well considering about 90% of retail can’t buy them, I guess you are holding your shares