Yellow Stem Tech Inc. announced that it has arranged a non-brokered private placement of up to $1 million through the issuance of up to 10 million units (the Units) at a price of $0.10. The Company has now reached agreement with Sweet Poison, amending both the Distribution Agreement and the Option Agreement to include the acquisition of SweetPo's formula for one blend of SweetPo's tequila and four blends of mezcal. The Company can now more effectively execute its marketing plans, solidly backed by worldwide distribution rights to SweetPo's spirits, and ownership of the proprietary formulas for the tequila and mezcal.

The cost of acquiring the formulas will be deducted from the purchase price under the Option Agreement, in the event the Company exercises the option. In consideration for acquiring the formulas, the Company will issue to SweetPo's a total of 2,500,000 post-consolidated shares at a deemed price of $0.10, with hold periods as follows: 25% of the Shares will become free-trading four months following the date of issuance (the Closing); an additional 25% of the Shares will becomes free-trading 12 months following Closing; an additional 25% of the shares will become free-trading 18 months following Closing; and the remaining 25% of the Shares will became free-trading 24 months following Closing. A find's fee of 250,000 post-consolidation shares will be issued related to this transaction for the find's efforts in negotiating and facilitating the transaction, such shares to be restricted in the same manner as those shares to be issued to SweetPo's. Name Change Proposed: To demonstrate its commitment to the SweetPo's goals and objectives, the Board of Directors has approved changing the Company's name from Yellow Stem Technologies Inc. to SweetPo's Inc. The Company is proceeding with meeting all of the regulatory requirements related to a name change, and will confirm the effective date upon receipt of regulatory acceptance.