GelStat Corporation Retains Scarsdale Equities LLC to Explore Strategic Alternatives

PALM CITY, Fla., Aug. 9, 2011 (GLOBE NEWSWIRE) -- GelStat Corporation (Pink Sheets:GSAC), a consumer healthcare company primarily focused on the development and marketing of over-the-counter (OTC) products for the safe and effective treatment of pain, inflammation and sleep disorders, is pleased to announce it has retained Scarsdale Equities LLC as its financial advisor to explore various strategic alternatives.