GelStat Corporation (Other OTC:GSAC), a consumer healthcare company primarily focused on the development and marketing of over-the-counter (OTC) products has terminated the Letter of Intent (LOI) to acquire Beveragette Ventures, LLC.    

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ABOUT GELSTAT CORPORATION

GelStat Corporation is dedicated to providing safe and effective over-the-counter (OTC) treatments. GelStat's first two products GelStat Migraine and GelStat Sleep are sold through direct-to-consumer channels as well as in a limited number of independent retailers and pharmacies. The Company also has a suite of additional healthcare products in various stages of development that address large consumer markets. For more information, visit www.gelstat.com.

CONTACT: Gerald Kieft
         CEO
         GelStat Corporation
         772-283-0020
GelStat (PK) (USOTC:GSAC)
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