Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 9, 2018
Earth
Science Tech Corporation
(Exact
name of Registrant as Specified in its Charter)
Nevada | 000-55000 | 80-0961484 | ||
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission file number) |
(I.R.S. Employer Identification Number) |
8000
NW 31st Street, Unit 19
Doral,
FL 33122, USA
(Address
of Principal Executive Offices including Zip Code)
(305)
615-2118
(Registrant’s
Telephone Number, including Area Code)
Former
name or former address, if changed since last report
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 |
Entry into a Material Definitive Agreement |
On
August 9, 2018 Earth Science Tech Corporation, a Nevada corporation (the “Company”) entered into a “participation
agreement” with Fortune Media Group (the “Production Company”) for the production and broadcasting of a television
and social media infomercial, promoting the Company’s products (the “Agreement”). Under the terms of the Agreement,
the Production Company will provide a complete licensed and insured production and scriptwriting team that will consist of field
production, graphics, music, voice-overs, on-camera talent (including Kevin Harrington), editing set design and lighting for taping
in Southeast Florida or on-location at another site.
The
Agreement provides for the production and distribution of two videos; the first is for a 60 second direct TV commercial or infomercial
and the second is for a 15 second video to be used for social media. The Company will have final approval of the scripts, press
releases and shot list prior to airing of the infomercials. The Production Company guarantees airing of the 60 second production
at least 300 times during a twelve month period on select regional cable networks and markets, with Kevin Harington appearing
in the production to introduce the Company and its products. Mr. Harrington is well known as one of the original investor panel
members on the hit ABC television show “Shark Tank.” He is also the inventor of the “infomercial” and
the founder of “As Seen on TV;” and has helped sell billions of dollars in products in the United States.
The
Production Company will promote the Company through its integrated social media outlets and consumer engagement strategies. The
Company is obligated to pay a total of $24,900 to the Production Company, with half due 30 days from the execution of the Agreement
and the other half due 60 days from the execution of the Agreement.
Item 2.03 |
Direct Financial Obligation |
The
Company is obligated to pay a total of $24,900 to the Production Company in two installments following execution of the Agreement.
Within 30 days of executing the Agreement, half of the Fee is due and the other half is due within 60 days of execution of the
Agreement. Reference is made to Item 1.01 of this Current Report filed with the Commission on Form 8-K.
SIGNATURES
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.
Dated:
September 19, 2018
EARTH SCIENCE TECH CORPORATION |
||
By: |
/s/Nickolas S. Tabraue |
|
Name: |
Nickolas S. Tabraue |
|
Title: |
President |