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1606 Corp. Announces Austen Lambrecht as CEO and Chairman of the Board

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1606 Corp. (OTC PINK:CBDW), a leader in AI chatbot solutions, has appointed Austen Lambrecht as its new CEO and Chairman of the Board, effective May 31, 2024. Lambrecht, previously Vice President of 1606, brings experience from public companies and AI chatbots. Since his appointment, CBDW's stock price has more than doubled and trading volume has more than tripled.

Lambrecht's career includes roles at SinglePoint Inc and significant achievements at 1606, such as acquiring a stock symbol, maintaining OTC Markets compliance, and leading the company's AI technology transition. Under his leadership, CBDW developed AI Chatbots for CBD and Investor Relations sectors.

An upcoming webinar hosted by RedChip Companies will feature Lambrecht discussing the company's product portfolio and expansion plans.

1606 Corp. (OTC PINK:CBDW), un leader nelle soluzioni di chatbot AI, ha nominato Austen Lambrecht come nuovo CEO e presidente del consiglio di amministrazione, a partire dal 31 maggio 2024. Lambrecht, precedentemente vicepresidente di 1606, porta con sé un'esperienza nelle aziende pubbliche e nei chatbot AI. Dalla sua nomina, il prezzo delle azioni di CBDW è più che raddoppiato e il volume degli scambi è aumentato più di tre volte.

La carriera di Lambrecht include ruoli presso SinglePoint Inc e risultati significativi presso 1606, come l'acquisizione di un simbolo azionario, il mantenimento della conformità con le normative dei mercati OTC e la guida nella transizione alle tecnologie AI dell'azienda. Sotto la sua leadership, CBDW ha sviluppato chatbot AI per i settori CBD e delle relazioni con gli investitori.

Un prossimo webinar ospitato da RedChip Companies presenterà Lambrecht che discuterà il portafoglio prodotti dell'azienda e i piani di espansione.

1606 Corp. (OTC PINK:CBDW), un líder en soluciones de chatbots de IA, ha nombrado a Austen Lambrecht como su nuevo CEO y presidente de la junta, con efecto a partir del 31 de mayo de 2024. Lambrecht, anteriormente vicepresidente de 1606, aporta experiencia de empresas públicas y chatbots de IA. Desde su nombramiento, el precio de las acciones de CBDW se ha más que duplicado y el volumen de operaciones se ha triplicado más de tres veces.

La carrera de Lambrecht incluye roles en SinglePoint Inc y logros significativos en 1606, como la adquisición de un símbolo de acciones, el mantenimiento de la conformidad con los mercados OTC y la dirección de la transición tecnológica AI de la empresa. Bajo su liderazgo, CBDW desarrolló chatbots de IA para los sectores de CBD y relaciones con inversores.

Un próximo seminario web organizado por RedChip Companies contará con Lambrecht discutiendo el portafolio de productos de la empresa y los planes de expansión.

1606 Corp. (OTC PINK:CBDW)는 AI 챗봇 솔루션의 선두주자로, Austen Lambrecht를 2024년 5월 31일부터 새로운 CEO이자 이사회 의장으로 임명했습니다. Lambrecht는 이전에 1606의 부사장이었으며, 공기업 및 AI 챗봇 관련 경험을 보유하고 있습니다. 그의 취임 이후, CBDW의 주가는 두 배 이상 상승했으며, 거래량은 세 배 이상 증가했습니다.

Lambrecht의 경력은 SinglePoint Inc에서의 역할과 1606에서의 주요 성과를 포함하며, 주식 기호 확보, OTC 시장 규정 준수 유지 및 회사의 AI 기술 전환을 주도한 바 있습니다. 그의 리더십 아래, CBDW는 CBD 및 투자자 관계 분야를 위한 AI 챗봇을 개발했습니다.

RedChip Companies에서 주최하는 다가오는 웨비나에서는 Lambrecht가 회사의 제품 포트폴리오와 확장 계획에 대해 이야기할 예정입니다.

1606 Corp. (OTC PINK:CBDW), un leader dans les solutions de chatbots IA, a nommé Austen Lambrecht en tant que nouveau PDG et président du conseil d'administration, à compter du 31 mai 2024. Lambrecht, anciennement vice-président de 1606, apporte une expérience dans des entreprises publiques et des chatbots IA. Depuis sa nomination, le prix de l'action de CBDW a plus que doublé et le volume des transactions a plus que triplé.

La carrière de Lambrecht comprend des rôles chez SinglePoint Inc et des réalisations significatives chez 1606, telles que l'acquisition d'un symbole boursier, le maintien de la conformité aux marchés OTC et la direction de la transition technologique de l'entreprise vers l'IA. Sous sa direction, CBDW a développé des chatbots IA pour les secteurs du CBD et des relations investisseurs.

Un prochain webinaire organisé par RedChip Companies mettra en vedette Lambrecht, qui discutera du portefeuille de produits de l'entreprise et des plans d'expansion.

1606 Corp. (OTC PINK:CBDW), ein führendes Unternehmen im Bereich KI-Chatbot-Lösungen, hat Austen Lambrecht mit Wirkung zum 31. Mai 2024 als neuen CEO und Vorsitzenden des Vorstandes ernannt. Lambrecht, zuvor Vizepräsident von 1606, bringt Erfahrung aus öffentlichen Unternehmen und im Bereich KI-Chatbots mit. Seit seiner Ernennung hat sich der Aktienkurs von CBDW mehr als verdoppelt, und das Handelsvolumen hat sich mehr als verdreifacht.

Die Karriere von Lambrecht umfasst Positionen bei SinglePoint Inc und bedeutende Erfolge bei 1606, wie die Akquisition eines Aktiensymbols, die Einhaltung der OTC-Marktvorschriften und die Leitung des Technologiewechsels des Unternehmens zur KI. Unter seiner Leitung entwickelte CBDW KI-Chatbots für die CBD- und Investor-Relations-Sektoren.

Ein bevorstehendes Webinar, das von RedChip Companies veranstaltet wird, wird Lambrecht präsentieren, wo er über das Produktportfolio des Unternehmens und die Expansionspläne sprechen wird.

Positive
  • Stock price more than doubled since Austen Lambrecht's appointment as CEO
  • Trading volume more than tripled since new CEO appointment
  • Development of AI Chatbots for CBD and Investor Relations sectors
  • Successful navigation of acquiring stock symbol and maintaining OTC Markets compliance
Negative
  • None.

SEATTLE, WA / ACCESSWIRE / July 23, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, announced the board appointment of Austen Lambrecht as its new Chief Executive Officer (CEO) and chairman of the board, effective as of May 31, 2024. Mr. Lambrecht steps into this role with a distinguished career in public companies and AI chatbots, most recently serving as Vice President of 1606, where he drove significant advancements in corporate operations, compliance, and AI technology integration.

Since Mr. Lambrecht's appointment the Company's stock price and volume have increased significantly as the stock price has more than doubled and volume has more than tripled.

Austen Lambrecht began his career in 2019 at SinglePoint Inc, a public company currently listed on the Chicago Board Options Exchange (CBOE), where he played a pivotal role in research and development, focusing on the company's solar and hemp subsidiaries. His tenure at 1606 since its inception has been marked by notable achievements, including successfully navigating acquiring a stock symbol, effectiveness of an S-1 filing, maintaining current status with OTC Markets, filing a Form 1-A under Regulation A, and spearheading the Company's transition to AI technology. Under Mr. Lambrecht's leadership, CBDW pioneered the development of AI Chatbots tailored for the CBD and Investor Relations sectors, enhancing customer engagement and operational efficiency.

"After my resignation, Austen Lambrecht assumed the roles of CEO and Chairman of the board at CBDW, demonstrating his strategic foresight and operational acumen," said Greg Lambrecht, former CEO at 1606 Corp. "His innovative approach to technology, deep understanding of market dynamics, and experience running a public company make him an exceptional choice to lead 1606 through its next phase of growth."

Austen Lambrecht attended the W.P. Carey School of Business at Arizona State University, where he specialized in Sports Business. His educational background, combined with extensive industry experience, positions him well to drive 1606's strategic initiatives and enhance its market position.

"I am excited to take over 1606 Corp. and lead the Company in leveraging technology to innovate and expand our footprint in the industry," said Austen Lambrecht. "I look forward to collaborating with our talented team to deliver value to our customers and shareholders."

Please join Austen for an exclusive event, hosted by RedChip Companies, which will feature CBDW's CEO Austen Lambrecht, who will share insight into the Company's innovative product portfolio and near-term expansion plans.

To register for the free webinar, please visit: https://redchip.zoom.us/webinar/register/WN_PFD4z0aIQn-YyLAoA8OwQQ#/registration

Questions can be pre-submitted to CBDW@redchip.com or online during the live event.

About 1606 Corp.

1606 Corp. stands at the forefront of technological innovation, particularly in AI Chatbots. Our mission is to revolutionize customer service, addressing the most significant challenges faced by consumers in the digital marketplace. We are dedicated to transforming the IR industry through cutting-edge AI centric solutions, ensuring a seamless and efficient customer experience.

As a visionary enterprise, 1606 Corp. equips businesses with the advanced tools they need to excel in the competitive digital landscape. Our commitment to innovation and quality positions us as a leader in the field, driving the industry forward and setting new benchmarks for success and customer satisfaction.

Industry Information

The global artificial intelligence market has seen remarkable growth, valued at $428 billion in 2022 and projected to reach $2.25 trillion by 2030. With a compound annual growth rate (CAGR) ranging from 33.2% to 38.1%, AI's global impact is undeniable, with as many as 97 million individuals expected to work in the AI sector by 2025, according to fortunebusinessinsights.com

Forward-Looking Statements

This press release includes statements that may be deemed to be "forward-looking statements" under federal securities laws, and we intend that such forward-looking statements be subject to the safe-harbor created thereby. To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as "should", "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes." Specific forward-looking statements in this press release include, among others, statements regarding the expected trading of our shares on The Nasdaq Capital Market, the expected closing of the offering, and the intended use of the net proceeds of the offering. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially and adversely from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in the prospectus included in the Registration Statement and elsewhere in documents that we file from time to time with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and 1606 Corp. does not undertake any duty to update any forward-looking statements except as may be required by law. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

For inquiries, please contact:

Austen Lambrecht
CEO
austen@1606corp.com
cbdw.ai

SOURCE: 1606 Corp



View the original press release on accesswire.com

FAQ

Who is the new CEO and Chairman of 1606 Corp. (CBDW)?

Austen Lambrecht was appointed as the new CEO and Chairman of the Board of 1606 Corp. (CBDW), effective May 31, 2024.

How has CBDW's stock performance changed since Austen Lambrecht's appointment?

Since Austen Lambrecht's appointment, CBDW's stock price has more than doubled and trading volume has more than tripled.

What is 1606 Corp. (CBDW) known for in the market?

1606 Corp. (CBDW) is known as a leader in innovative AI chatbot solutions, particularly for the CBD and Investor Relations sectors.

When is the upcoming webinar featuring CBDW's CEO Austen Lambrecht?

The date of the webinar is not specified in the press release, but interested parties can register for the free webinar hosted by RedChip Companies through the provided link.

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