Earth Science Tech, Inc. entered into a letter of intent to acquire JCR Medical Equipment, Inc/RxCompoundStore.com, LLC/Peaks Curative, LLC.
September 09, 2021
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Earth Science Tech, Inc. (OTCPK:ETST) entered into a letter of intent to acquire JCR Medical Equipment, Inc/RxCompoundStore.com, LLC/Peaks Curative, LLC on September 10, 2021. The transaction is subject to regulatory approvals such as the Agency of Health Care Administration, Florida of Board of Pharmacy, and the Drug Enforcement Agency and various industry experts. As of November 3, 2021, Earth Science Tech, Inc. acquired RxCompoundStore.com, LLC and Peaks Curative, LLC and Phase II?s acquisition of JCR, owned by Mario Tabraue?s former partners in RxCS is slated to execute during the year 2022 once the Company has fully positioned and expanded Phase I acquisitions.
Earth Science Tech, Inc. is a holding company in the compounding pharmaceuticals and telemedicine sectors, through its wholly owned subsidiaries, RxCompoundStore.com, LLC. (RxCompound), Peaks Curative, LLC. (Peaks), and Earth Science Foundation, Inc. (ESF). RxCompound is a complete compounding pharmacy. RxCompound is licensed to fulfill prescriptions in the states of Florida, New York, New Jersey, Delaware, Pennsylvania, Rhode Island, Nevada, Colorado, and Arizona. Peaks is a telemedicine referral site focused on menâs health. Peaks orders are fulfilled by RxCompound. Patients who order Peaks via monthly subscription receive their refills automatically. Peaks is focused on menâs health, and, more specifically, ED. ESF accepts grants and donations to help those in need of assistance in paying for prescriptions.