STOCK TITAN

1606 Corp. Highlights New Leadership, AI Chatbots Innovations, and Quarterly Reporting Update After Q2 Filling

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
AI

1606 Corp (OTC PINK:CBDW), a leader in AI chatbots, has reported significant updates for Q2 2024. Under new CEO Austen Lambrecht, the company has made advancements in AI technology and expanded its global footprint. Key highlights include:

1. Launch of an expanded AI email marketing campaign for ChatCBD and IR Chat.
2. Filing of the Quarterly Report on Form 10-Q for Q2 2024, maintaining current status with all filings.
3. Ongoing discussions about potential mergers and acquisitions in the AI sector.
4. Invitation to present at the NIBA Show in Florida on September 4-5, 2024, offering an opportunity to showcase AI innovations and connect with institutional investors.

The company is focused on leveraging its technological advancements and AI marketing expansion to drive future growth in the AI chatbot industry.

1606 Corp (OTC PINK:CBDW), un leader nei chatbot AI, ha riportato aggiornamenti significativi per il secondo trimestre del 2024. Sotto la nuova direzione del CEO Austen Lambrecht, l'azienda ha fatto progressi nella tecnologia AI e ha ampliato la propria presenza globale. I punti salienti includono:

1. Lancio di una campagna di marketing via email AI ampliata per ChatCBD e IR Chat.
2. Presentazione del Rapporto Trimestrale sul Modulo 10-Q per il secondo trimestre del 2024, mantenendo lo stato attuale con tutte le registrazioni.
3. Discussioni in corso riguardanti potenziali fusioni e acquisizioni nel settore AI.
4. Invito a presentare al NIBA Show in Florida il 4-5 settembre 2024, offrendo un'opportunità di mostrare le innovazioni AI e connettersi con investitori istituzionali.

L'azienda si concentra sull'utilizzo dei suoi progressi tecnologici e sull'espansione del marketing AI per guidare la crescita futura nell'industria dei chatbot AI.

1606 Corp (OTC PINK:CBDW), un líder en chatbots de IA, ha informado actualizaciones significativas para el segundo trimestre de 2024. Bajo la nueva dirección del CEO Austen Lambrecht, la compañía ha avanzado en tecnología de IA y ha expandido su presencia global. Los puntos destacados incluyen:

1. Lanzamiento de una campaña de marketing por correo electrónico de IA expandida para ChatCBD e IR Chat.
2. Presentación del Informe Trimestral en el Formulario 10-Q para el segundo trimestre de 2024, manteniendo el estado actual con todas las presentaciones.
3. Discusiones en curso sobre posibles fusiones y adquisiciones en el sector de IA.
4. Invitación para presentar en el NIBA Show en Florida del 4 al 5 de septiembre de 2024, ofreciendo una oportunidad para mostrar innovaciones en IA y conectar con inversionistas institucionales.

La empresa está enfocada en aprovechar sus avances tecnológicos y la expansión del marketing de IA para impulsar el crecimiento futuro en la industria de chatbots de IA.

1606 Corp (OTC PINK:CBDW), AI 챗봇 분야의 선두주자가 2024년 2분기에 대한 중대한 업데이트를 발표했습니다. 새로운 CEO 오스틴 람브렉트의 지휘 아래 회사는 AI 기술에서 발전을 이루고 글로벌 입지를 확장했습니다. 주요 내용은 다음과 같습니다:

1. ChatCBD 및 IR Chat을 위한 확장된 AI 이메일 마케팅 캠페인 출시.
2. 2024년 2분기에 대한 10-Q 양식의 분기 보고서 제출, 모든 제출물에 대한 현재 상태 유지.
3. AI 분야에서의 잠재적인 합병 및 인수에 대한 논의 지속.
4. 2024년 9월 4일-5일 플로리다에서 열리는 NIBA 쇼에서 발표 초청, AI 혁신을 소개하고 기관 투자자와 연결할 기회 제공.

회사는 기술 발전과 AI 마케팅 확대를 활용하여 AI 챗봇 산업에서의 미래 성장을 이끌어 나가는 데 초점을 맞추고 있습니다.

1606 Corp (OTC PINK:CBDW), un leader dans le domaine des chatbots IA, a annoncé des mises à jour significatives pour le deuxième trimestre 2024. Sous la direction du nouveau PDG Austen Lambrecht, l'entreprise a réalisé des avancées dans la technologie IA et a élargi sa présence mondiale. Les points clés incluent :

1. Lancement d'une campagne de marketing par e-mail IA élargie pour ChatCBD et IR Chat.
2. Dépôt du Rapport Trimestriel sur le Formulaire 10-Q pour le deuxième trimestre 2024, maintenant le statut actuel avec tous les dépôts.
3. Discussions en cours concernant des fusions et acquisitions potentielles dans le secteur de l'IA.
4. Invitation à présenter au NIBA Show en Floride les 4 et 5 septembre 2024, offrant une opportunité de présenter des innovations IA et de se connecter avec des investisseurs institutionnels.

L'entreprise se concentre sur l'exploitation de ses avancées technologiques et l'expansion de son marketing IA pour stimuler la croissance future dans l'industrie des chatbots IA.

1606 Corp (OTC PINK:CBDW), ein führendes Unternehmen im Bereich KI-Chatbots, hat bedeutende Updates für das zweite Quartal 2024 berichtet. Unter der neuen Leitung von CEO Austen Lambrecht hat das Unternehmen Fortschritte in der KI-Technologie gemacht und seine globale Präsenz ausgeweitet. Die wichtigsten Highlights sind:

1. Einführung einer erweiterten KI-E-Mail-Marketingkampagne für ChatCBD und IR Chat.
2. Einreichung des Quartalsberichts im Formular 10-Q für das zweite Quartal 2024, wobei der aktuelle Status aller Einreichungen aufrechterhalten wird.
3. Laufende Diskussionen über potenzielle Fusionen und Übernahmen im KI-Sektor.
4. Einladung zur Präsentation auf der NIBA Show in Florida am 4.-5. September 2024, was die Möglichkeit bietet, KI-Innovationen zu präsentieren und sich mit institutionellen Investoren zu vernetzen.

Das Unternehmen konzentriert sich darauf, seine technologischen Fortschritte und die Erweiterung des KI-Marketings zu nutzen, um zukünftiges Wachstum in der KI-Chatbot-Branche voranzutreiben.

Positive
  • New CEO Austen Lambrecht driving strategic vision with focus on AI innovation and growth
  • Expanded AI email marketing campaign launched for ChatCBD and IR Chat
  • Successfully filed Q2 2024 Quarterly Report on Form 10-Q, maintaining current filing status
  • Invited to present at NIBA Show in Florida, potentially attracting institutional investors
Negative
  • None.

SEATTLE, WA / ACCESSWIRE / August 15, 2024 / 1606 Corp (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in AI chatbots, is pleased to share significant updates for the second quarter of 2024. With new CEO, Austen Lambrecht, leading the charge, the Company has made noteworthy advancements in AI technology, expanded its global footprint, and completed the filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024.

Operational Highlights

  • Leadership Transition: Austen Lambrecht, who assumed the role of CEO in May 2024, is driving the Company's strategic vision with a focus on innovation and growth in AI technology. His leadership is steering 1606 Corp. through a transformative period, emphasizing technological advancements and market expansion. 1606's new CEO has been actively engaging in discussions about potential mergers and acquisitions within the AI sector.

  • AI Email Marketing Launch: Under Mr. Lambrecht's guidance, 1606 Corp. has expanded our AI email marketing campaign. Designed to expand our reach into both the public company and CBD sectors with ChatCBD and IR Chat, respectively. This new campaign also optimizes the marketing and sign-up process for greater efficiency and ease. Both chatbots for CBD and public companies can be tested at CBDW.ai.

  • Quarterly SEC Reporting: 1606 Corp. is also excited to announce that it has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. This filing reflects our commitment to transparency and regulatory compliance, providing investors and shareholders with detailed insights into our financial performance and operational activities. 1606 Corp. is proud that the Company has been able to stay current with all fillings since its inception three years ago.

CEO Comments

Austen Lambrecht, CEO of 1606 Corp., commented, "This quarter has been a period of significant progress for 1606 Corp. From the successful onboarding of AI solutions to expand our chatbot marketing and our recent SEC filing. We are laying a strong foundation for future growth. I am proud of what we have achieved and look forward to continuing our journey of innovation and excellence."

Plans for the Third Quarter 2024

1606 Corp. is focused on leveraging its technological advancements and AI marketing expansion to drive future growth. The Company remains committed to pushing the boundaries of technology and providing cutting-edge solutions to meet the evolving needs of its AI customers.We are also thrilled to announce that our Company has been invited to present at the NIBA Show in Florida on September 4th and 5th. This prestigious event offers a fantastic opportunity for us to showcase our latest AI technology innovations and insights. We are particularly excited about the chance to connect with institutional investors, as we believe their involvement could be instrumental in shaping the future of our Company. We look forward to engaging in meaningful discussions and exploring potential collaborations.

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

What are the key updates for 1606 Corp (CBDW) in Q2 2024?

Key updates for 1606 Corp in Q2 2024 include new leadership under CEO Austen Lambrecht, expanded AI email marketing campaign for ChatCBD and IR Chat, filing of Q2 2024 Quarterly Report, and an invitation to present at the NIBA Show in Florida.

Who is the new CEO of 1606 Corp (CBDW) and when did they assume the role?

Austen Lambrecht is the new CEO of 1606 Corp, assuming the role in May 2024. He is driving the company's strategic vision with a focus on innovation and growth in AI technology.

What AI products has 1606 Corp (CBDW) launched recently?

1606 Corp has expanded its AI email marketing campaign, focusing on ChatCBD for the CBD sector and IR Chat for public companies. Both chatbots can be tested at CBDW.ai.

When and where is 1606 Corp (CBDW) presenting its AI technology innovations?

1606 Corp is presenting its AI technology innovations at the NIBA Show in Florida on September 4th and 5th, 2024. This event offers an opportunity to showcase their latest AI innovations and connect with institutional investors.

1606 CORP

OTC:CBDW

CBDW Rankings

CBDW Latest News

CBDW Stock Data

1.73M
79.10M
4.02%
Tobacco
Consumer Defensive
Link
United States of America
Phoenix