<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/rega/onezfiler" xmlns:ns1="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>1-Z</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0000890725</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      <flags>
        <successorFilingFlag>N</successorFilingFlag>
      </flags>
    </filerInfo>
  </headerData>
  <formData>
    <item1>
      <issuerName>GELSTAT CORP</issuerName>
      <street1>333 SE 2ND AVENUE</street1>
      <street2>SUITE 2000</street2>
      <city>MIAMI</city>
      <stateOrCountry>FL</stateOrCountry>
      <zipCode>33131</zipCode>
      <phone>772-2121368</phone>
      <commissionFileNumber>024-11695</commissionFileNumber>
    </item1>
    <summaryInfoOffering>
      <offeringQualificationDate>12-17-2021</offeringQualificationDate>
      <offeringCommenceDate>12-18-2021</offeringCommenceDate>
      <offeringSecuritiesQualifiedSold>1666666667</offeringSecuritiesQualifiedSold>
      <offeringSecuritiesSold>33333333</offeringSecuritiesSold>
      <pricePerSecurity>0.0030</pricePerSecurity>
      <portionSecuritiesSoldIssuer>100000.00</portionSecuritiesSoldIssuer>
      <portionSecuritiesSoldSecurityholders>0.00</portionSecuritiesSoldSecurityholders>
      <underwrittenSpName>Trillium Partners LP</underwrittenSpName>
      <underwriterFees>121000.00</underwriterFees>
      <auditorSpName>Ciro E. Adams, CPA, LLC and Naper CPA Group</auditorSpName>
      <auditorFees>57000.00</auditorFees>
      <legalSpName>Lucosky Brookman LLP and Shutts &amp; Bowen LLP</legalSpName>
      <legalFees>182300.00</legalFees>
      <issuerNetProceeds>0.00</issuerNetProceeds>
      <clarificationResponses>The offering resulted in a net deficit of ($273,603.00), as offering expenses exceeded the total amount raised.</clarificationResponses>
    </summaryInfoOffering>
    <certificationSuspension>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <certificationFileNumber>024-11695</certificationFileNumber>
      <approxRecordHolders>314</approxRecordHolders>
    </certificationSuspension>
    <signatureTab>
      <cik>0000890725</cik>
      <regulationIssuerName1>GELSTAT CORP</regulationIssuerName1>
      <regulationIssuerName2>GELSTAT CORP</regulationIssuerName2>
      <signatureBy>/s/ Javier G. Acosta</signatureBy>
      <date>05-11-2026</date>
      <title>Chief Executive Officer</title>
    </signatureTab>
  </formData>
</edgarSubmission>
