Item 8.01 Other Events

On January 27, 2020 Earth Science Tech, Inc., a Nevada corporation (the "Company") reached a confidential settlement with Majorca Group, Ltd ("Majorca"). The Receiver will withdraw its motion for injunction over the Majorca common and preferred shares.

The Settlement Agreement provides that Majorca Group, Ltd. and all relevant parties will, within 10 days of execution of the settlement agreement, return 18,000,000 common shares and 5,200,000 Series A Preferred Stock held by Majorca for cancellation. The Series A Preferred Stock class will be cancelled completely.

The remaining 6,520,000 common shares held by Majorca is subject to lockup agreement and thereafter, sales will be made only pursuant to a limited strict bleed-out agreement administered by a third party.

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