Latest news with #1606Corp
Associated Press
01-07-2025
- Business
- Associated Press
1606 Corp.'s Common Stock Is Now Trading on the OTCID Platform
SEATTLE, WASHINGTON / ACCESS Newswire / July 1, 2025 / 1606 Corp. (OTCID:CBDW), an artificial intelligence ('AI') company (the 'Company'), is proud to announce that it's Common Stock is now officially trading under the OTCID designation on the OTC Markets platform. This milestone reflects the Company's commitment to higher transparency, regulatory compliance, and enhanced visibility among investors and market participants. Among other things, the move is a result of the Company's ability to timely file required reports with the Securities and Exchange Commission (the 'SEC') since inception in 2021. The approval to be quoted on the OTCID platform-one of the premier tiers within the OTC Markets-signals that 1606 Corp. has met the platform's strict reporting and disclosure standards. For current and prospective investors, this change represents improved access to timely, reliable information and increased confidence in the Company's operational integrity. 'Trading on OTCID is a meaningful step forward in our growth journey,' said Austen Lambrecht, CEO of 1606 Corp. 'It reflects our dedication to transparency, investor engagement, and is a step in preparation toward a potential listing on a national exchange. This is the foundation upon which we will continue to build long-term value.' The Company believes over the past year, 1606 Corp. has made significant strategic and operational strides, positioning itself for accelerated AI and market growth in the months ahead. The Company believes the move to OTCID supports these efforts by improving market credibility and expanding the Company's reach to a broader base of institutional and retail investors. This transition also aligns with the Company's long-term vision to qualify for a listing on a senior U.S. exchange, such as NASDAQ, further enhancing shareholder value and liquidity potential. The Company continues to successfully explore a range of strategic initiatives designed to support its growth trajectory and expand market presence. The Company has maintained significant trading volume, has a large shareholder base, has been reporting on time with the SEC since inception, and has limited debt. As 1606 Corp. continues to scale, it remains focused on sustainable business development, disciplined execution, and delivering value to its shareholders. The Company believes these factors and its continued development make 1606 Corp. a valuable and sought after public entity in a great position for future growth. 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. For more information, please visit Industry Information The global AI market, valued at $428 billion in 2022, is anticipated to reach $2.25 trillion by 2030, with a compound annual growth rate (CAGR) ranging from 33.2% to 38.1%. The sector is expected to employ 97 million individuals by 2025, reflecting its expansive and significant impact. This potential growth presents a compelling opportunity for investors and industry professionals interested in the AI sector. Forward-Looking Statements This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to reliance on unaudited statements, the Company's need for additional funding, the impact of competitive products and services and pricing, the demand for the Company's products and services, and other risks that are detailed from time-to-time in the Company's filings with the United States SEC. The foregoing list of factors is not exhaustive. Readers should carefully consider the foregoing factors and the other risks and uncertainties discussed in the Company's most recent reports on Forms 10-K and 10-Q, particularly the 'Risk Factors' sections of those reports, and in other documents the Company has filed, or will file, with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact: Austen Lambrecht CEO, 1606 Corp. [email protected] SOURCE: 1606 Corp. press release
Globe and Mail
10-04-2025
- Business
- Globe and Mail
Great Strides in Emerging AI Chatbot Service Across Wide Industry Sectors with New Partnerships and LOI for $1 Million Acquisition by Private Group: 1606 Corp (Stock Symbol: CBDW)
$CBDW Expanding AI Charbot Leadership via Pending Acquisition to Enter the Public Markets and Utilize AI for Planed Uplisting Biotechnology Innovator Specializing in AI Chatbot Solutions for Early Drug Discovery, Infectious Disease and Neurodegenerative Disease Research. Strong Progress in Q3 of 2024, Well Positioning CBDW in the AI Chatbot Market. Focus on Developing Therapeutic Solutions by Leveraging Human Immune-B Cells for a Cutting-Edge Approach to Highly Effective Treatments. Strategic Investment Plan Demonstrating Commitment to Advancing Technological Capabilities and Expanding Reach in the AI Sector. Plans to Attend IPO Summit 2025 on April 15 in New York. Expanding Markets and AI Collaborations in Biotech, Distribution and Waste Management via Partnerships for AI-Driven Customer Service and Tools. LOI Signed for Acquisition for $1 Million by Private Group Seeking to Enter the Public Markets and Utilize AI Technologies for Potential Uplisting. Launch of RedChat Validates the Success and Impact of Current CBDW AI-Driven IRChat Product. New Partnership with GPOPlus to Enhance AI-Driven Distribution Solutions. AI Platform Confirmed Decades of Work and Added New Targets for Monoclonal Antibodies with Independent Validation of Their Potential from Collaborators. Growing IP Portfolio Including Patents, Trademarks and Trade Secrets. 1606 Corp. (OTC: CBDW) stands at the forefront of technological innovation, particularly in AI Chatbots. The Company mission is to revolutionize customer service, addressing the most significant challenges faced by consumers in the digital marketplace. 1606 Corp. is dedicated to transforming the IR industry through cutting-edge AI centric solutions, ensuring a seamless and efficient customer experience. 1606 Corp (CBDW) is a leading innovator in biotechnology, specializing in AI-driven solutions for early drug discovery, infectious disease, and neurodegenerative disease research. Proprietary methods focus on developing therapeutic solutions by leveraging human immune-B cells, offering a cutting-edge approach to creating highly effective treatments. CBDW Generative AI Chatbots can provide instant, round-the-clock support, guiding potential investors through the company. Queries about dosage, usage, legality, while offering personalized recommendations based on individual preferences. Moreover, CBDW chatbots can handle multiple interactions simultaneously, ensuring no potential or existing investor feels neglected due to long response times. They also collect valuable data on investor preferences and behaviors, allowing companies to tailor their communication strategies more effectively. In the investor relations industry, where transparency and timely information are paramount, CBDW chatbots can provide up-to-date details on earnings reports, stock performance and company news. This immediate access to information builds confidence with investors, encouraging them to make informed decisions. 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 Update on AI Chatbots Innovations, Strategic Partnerships and 2025 Outlook On April 2nd CBDW provided an update on its strides to lead the AI-driven customer service and automation sectors. CBDW announced plans to attend the highly anticipated IPO Summit 2025 on April 15 in New York. This prestigious event brings together industry leaders, investors, and key decision-makers to discuss the latest trends and opportunities in the public markets. CBDW is actively engaged in discussions with several companies regarding potential mergers and the opportunity to up-list to a major stock exchange. Throughout Q4, CBDW made remarkable strides in enhancing its AI-powered chatbot solutions to develop advanced machine learning models and natural language processing techniques to provide businesses with highly personalized, human-like interactions. These innovations have positioned CBDW to tap into rapidly growing sectors such as e-commerce, finance, healthcare, and telecommunications. A key milestone for Q4 was the advancement of several strategic partnerships aimed at expanding CBDW technological capabilities across a variety of industries in sectors such as waste management, distribution, biotech, and beyond. CBDW Outlook for 2025 Includes: Enhancing AI Solutions with new features and capabilities, addressing the growing demand for automation, customer service, and engagement tools. Expanding markets and AI Collaborations in high-growth verticals such as Biotech, Distribution, and waste management through our partnerships, capitalizing on the increasing need for AI-driven customer service and operational tools. CBDW anticipates that the growing adoption of AI-powered solutions like Chat IR will contribute to revenue growth, driven by increased demand for our innovative products and collaborations in a variety of industries. LOI to Be Acquired by Private Group Seeking to Enter the Public Markets and Utilize AI Technologies for Potential Uplisting On March 11th CBDW announced it has signed a non-binding Letter of Intent (LOI) with a private group led by Jon Garfield and Chuck Arnold which is focused on acquiring waste management companies, to acquire a controlling position in the Company for $1 million. It is anticipated that key management within CBDW will remain with the Company post-acquisition. In addition to the purchase of a proposed controlling position in CBDW, Messrs. Arnold and Garfield have unveiled plans to begin acquiring waste management companies as part of their strategy to consolidate smaller firms within the market. This move aligns with their broader vision to expand into new markets and capitalize on the growing demand for sustainable and efficient waste management solutions. Existing CBDW AI solutions would also be leveraged to further enhance the waste management industry. CBDW has developed a cutting-edge AI platform and launched successful applications across a range of industries, including CBD, public companies, and other verticals. The platform is now poised for expansion into the waste management sector, where we aim to pioneer new technologies for waste stream separation and the management of a nationwide fleet of trucks. RedChip's Launch of RedChat Validates the Success and Impact of Current CBDW AI-Driven IRChat On February 11th CBDW acknowledged the growing validation of chatbot technology in the small-cap investment space following the recent launch of RedChat by RedChip Companies. RedChip's introduction of RedChat, an AI-powered tool designed to provide instant insights into microcap and small-cap stocks, mirrors our own successful deployment of a similar chatbot over a year ago, further cementing the efficacy and demand for AI-driven investment research solutions. RedChip's RedChat launch underscores the growing recognition of AI chatbots as tools for investors. This development validates the vision CBDW had for its own AI-powered chatbot in early 2024, providing investors with deep insights into thousands of publicly traded companies using real-time access to financial filings, press releases, and corporate disclosures. Strategic Partnership with GPOPlus to Enhance AI-Driven Distribution Solutions On February 4th1606 Corp. (CBDW) announced a new strategic partnership with GPO Plus, Inc. (OTCQB:GPOX), an AI-powered Distributor revolutionizing distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model. Under the terms of a new agreement, CBDW will provide AI-driven services to enhance the functionality, performance, and capabilities of GPOX's PRISM+ platform. GPOX is known for its innovative technology-driven Direct Store Delivery (DSD) model, which leverages AI to optimize inventory management, streamline deliveries, and drive operational excellence for the convenience store and gas station industries. By further integrating advanced AI solutions, GPOX aims to take its PRISM+ platform to the next level, helping its clients make real-time data-driven decisions, improve customer satisfaction, and increase efficiency and profitability. For more information on $CBDW visit: and Disclosure listed on the CorporateAds website Media Contact Company Name: 1606 Corp. Contact Person: Austen Lambrecht, CEO Email: Send Email Phone: (602) 481-1544 Address: 2425 East Camelback Road Suite 150 City: Phoenix State: AZ 8501 Country: United States Website:
Associated Press
11-03-2025
- Business
- Associated Press
1606 Corp. Signs LOI to Be Acquired by Private Group Seeking to Enter the Public Markets and Utilize AI Technologies for Potential Uplisting
SEATTLE, WASHINGTON / ACCESS Newswire / March 11, 2025 / (OTC Pink:CBDW), a pioneer in AI-powered IR, is pleased to announce that it has signed a non-binding Letter of Intent (LOI) with a private group led by Jon Garfield and Chuck Arnold which is focused on acquiring waste management companies, to acquire a controlling position in the Company for $1 million. This agreement marks a significant milestone for 1606 Corp. as the group moves to acquire a controlling position in the Company for $1 million, with consideration specifics to be negotiated at a later date in definitive agreements. It is anticipated that key management within 1606 Corp. will remain with the Company post-acquisition. In addition to the purchase of a proposed controlling position in 1606 Corp, Messrs. Arnold and Garfield have unveiled plans to begin acquiring waste management companies as part of their strategy to consolidate smaller firms within the market. This move aligns with their broader vision to expand into new markets and capitalize on the growing demand for sustainable and efficient waste management solutions. 1606 Corp's existing AI solutions would also be leveraged to further enhance the waste management industry. The non-binding LOI outlines the terms under which the group will pursue the acquisition of 1606 Corp, with the goal of utilizing the Company's expertise and resources to drive growth and deliver greater value to stakeholders. The transaction, which is subject to customary due diligence, regulatory approvals, and execution of definitive agreements, is expected to close in the coming months. The acquisition of the controlling position would provide the group with a public company to expand into waste management, while enabling them to tap into an industry that is vital to environmental sustainability and urban development. The group would also use 1606 Corp.'s AI technologies to innovate within the waste management sector. 1606 has developed a cutting-edge AI platform and launched successful applications across a range of industries, including CBD, public companies, and other verticals. The platform is now poised for expansion into the waste management sector, where we aim to pioneer new technologies for waste stream separation and the management of a nationwide fleet of trucks. Our AI platform continues to attract strategic partners, offering them the opportunity to leverage advanced AI to maximize their market potential and drive innovation in their industries. We believe this proposed acquisition of a controlling position would position 1606 Corp. for continued success, with a strong commitment to preserving its culture and building upon its existing strengths. Messrs. Arnold and Garfield believe that their strategic vision would drive substantial growth, create new opportunities, and elevate 1606 Corp.'s standing in the market. About Chuck Arnold and Jon Garfield Chuck Arnold and Jon Garfield are respected entrepreneurs with extensive experience across a range of industries, including the public company sector. Jon Garfield was instrumental in the consolidation of private charter bus companies into a more streamlined Coach system, modernizing transportation services across various regions. This strategy will be applied to the waste management industry as part of their acquisition approach. Both Arnold and Garfield are recognized for their strategic insight, hands-on leadership, and commitment to fostering innovation within the businesses they acquire and operate. 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. For more information, please visit Industry Information The global AI market, valued at $428 billion in 2022, is anticipated to reach $2.25 trillion by 2030, with a compound annual growth rate (CAGR) ranging from 33.2% to 38.1%. The sector is expected to employ 97 million individuals by 2025, reflecting its expansive and significant impact. This potential growth presents a compelling opportunity for investors and industry professionals interested in the AI sector. Forward-Looking Statements This press release contains 'forward-looking statements' that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company's need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company's products, and other risks that are detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as 'may,' 'will,' 'can' 'anticipate,' 'assume,' 'should,' 'indicate,' 'would,' 'believe,' 'contemplate,' 'expect,' 'seek,' 'estimate,' 'continue,' 'plan,' 'point to,' 'project,' 'predict,' 'could,' 'intend,' 'target,' 'potential,' and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company's actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company's recent Securities and Exchange Commission filings, which are available at The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact: CEO, 1606 Corp.
Yahoo
07-02-2025
- Business
- Yahoo
GPOPlus+ Announces Strategic Partnership with 1606 Corp to Revolutionize AI-Powered Distribution Solutions for Gas Stations + Convenience Stores
Leveraging Cutting-Edge AI Technology to Optimize Logistics, Inventory, and Sales in a $327.6 Billion Market. LAS VEGAS, NEVADA / / February 7, 2025 / GPO Plus, Inc. (OTCQB:GPOX), an AI-powered Distributor revolutionizing distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model, announced a strategic partnership with 1606 Corp. (OTC PINK:CBDW), a leading provider of advanced artificial intelligence (AI) solutions. Through this collaboration, CBDW will provide AI-driven services to enhance GPOX's PRISM+ platform further, optimizing logistics, inventory management, and operational efficiencies across its rapidly growing retail network. The U.S. convenience store and gas station industry represents 152,396 locations, generating over $327.6 Billion in annual in-store sales, not including fuel. Despite this scale, much of the distribution infrastructure serving these retailers has remained largely unchanged for decades, with most existing providers operating on technology stacks that are 10 to 30+ years old. GPOX is revolutionizing the industry by leveraging AI and real-time data analytics to optimize driver routes, enhance product selection, and improve revenue efficiency, providing a distinct competitive advantage. AI-Powered Innovation in Distribution Through this partnership, CBDW will integrate advanced AI capabilities into PRISM+, GPOX's proprietary logistics and inventory management platform, advising and delivering key enhancements, some examples may include: AI-Driven Route Optimization. Utilizing real-time traffic, weather, and sales data to enhance delivery efficiency and reduce fuel and labor costs. Predictive Inventory Management. AI-powered analytics to ensure optimal product selection, reducing waste and increasing margins. Retail Insights & Demand Forecasting. Data integration across GPOX's retail network to maximize store-level profitability. Performance Monitoring + AI Optimization. Continuous improvements to machine learning models for real-time operational enhancements. By implementing these AI-driven enhancements, GPOX is setting a new industry standard for efficiency and profitability in distribution - an industry that has historically struggled to adapt to modern technological advancements. "GPOX is not just modernizing DSD distribution - we are redefining it," said Brett H. Pojunis, CEO of GPOX. "While most distributors rely on outdated systems that limit their ability to optimize operations, we are fully integrating AI into every aspect of our with 1606 Corp. perfectly aligns with our vision of leveraging cutting-edge AI technology, setting the stage for game-changing advancements in operational efficiency and service delivery. I am genuinely excited to see how this collaboration transforms our industry." The partnership aligns with GPOX's broader strategy to scale its AI-powered DSD model, which focuses on servicing the fragmented 15% - 20% of high-margin convenience store products that major distributors do not handle. With PRISM+ at the core of its operations, GPOX is building a more responsive, data-driven, and scalable distribution network that can adapt to the evolving needs of independent retailers. "We are excited to collaborate with GPOX and bring our advanced AI solutions to their already innovative PRISM+ platform," said Austen Lambrecht, CEO of 1606 Corp. "This partnership will help optimize logistics, improve inventory management, and deliver valuable insights that will transform the convenience store and gas station industries. By combining our expertise, we will redefine how distribution networks operate." The agreement is effective immediately, with AI development and integration already underway. GPOX and CBDW are solving industry-wide challenges, enhancing operational performance, and creating measurable value for retailers nationwide. For more information on GPO Plus, Inc., visit For details on 1606 Corp's AI-driven solutions, visit Connect with us on social media to view live video updates, content, and general information about GPOX: About GPOPlus+ (GPOX) GPOX is an AI-powered Distributor revolutionizing the future of distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model. Our goal is clear and ambitious: "to build the largest nationwide DSD distribution company servicing gas stations, convenience stores, and beyond." Our technology-driven AI network, featuring strategically placed Regional Hubs and Mini Hubs, is designed to optimize efficiency and maximize reach. Central to our operations is our in-house AI technology platform, PRISM+. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence, enabling us to reliably and effectively meet the dynamic needs of our partners. Our mission is to consolidate the fragmented market segment managed by numerous regional vendors. Our dedication to excellence is evident in our product selection process, where we align offerings with consumer demand and partner with top-tier vendors and brands, ensuring our portfolio remains diverse and highly profitable. For more information, please visit 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. For more information, please visit Information about Forward-Looking Statements This press release contains "forward-looking statements" that include statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and managers, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. Important factors that could cause these differences include, but are not limited to; inability to gain or maintain licenses, reliance on unaudited statements, the Company's need for additional funding, governmental regulation of the cannabis industry, the impact of competitive products and pricing, the demand for the Company's products, and other risks that are detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as "may," "will," "can" "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential," and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct. Such statements reflect the current views of the Company with respect to its operations and future events, and are subject to certain risks, uncertainties and assumptions relating to its proposed operations, including the risk factors set forth herein. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, the Company's actual results may vary significantly from those intended, anticipated, believed, estimated, expected or planned. In light of these risks, uncertainties and assumptions, any favorable forward-looking events discussed herein might not be realized and occur. The Company has no obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed description of the risk factors and uncertainties affecting GPO Plus, Inc. GPOX, please refer to the Company's recent Securities and Exchange Commission filings, which are available at The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contacts: GPOX Shareholder Success Team:Brett H. Pojunis, CEOEmail: ir@ Line: (4769) 1606 Corp. Investor Contacts:Austen LambrechtCEO, 1606 SOURCE: GPO Plus, Inc. View the original press release on ACCESS Newswire Sign in to access your portfolio
Associated Press
30-01-2025
- Business
- Associated Press
DeepSeek's Lower Prices Will Enable 1606 Corp. to Offer More Affordable Solutions and Drive Industry Innovation
SEATTLE, WASHINGTON / ACCESS Newswire / January 30, 2025 / 1606 Corp. (OTC Pink:CBDW), a recognized leader in developing cutting-edge, industry-specific AI solutions, with a proven track record of delivering transformative results for clients in Retail, Investor Relations, and expanding into Life Sciences and Pharma, announced it plans to benefit from the overall decrease in data management and analytics solution costs across the industry. These cost reductions will enable 1606 Corp. to bring more affordable, high-quality services to market, empowering businesses to innovate and stay competitive without the high price tag typically associated with advanced technologies. 1606 Corp. has, in the past year, been able to develop and launch two highly specialized chatbot solutions: one for the CBD industry and another for public companies. By leveraging the lower costs of essential data management tools, 1606 Corp. has been able to offer these advanced chatbot solutions at a more accessible price point of $99 a month, helping businesses in both sectors improve customer engagement, streamline communications, and drive greater operational efficiencies. Key Benefits: Affordable Innovation: The decrease in costs has allowed 1606 Corp. to bring forward new, cutting-edge tools-including its CBD and public company chatbots - at a lower price point, making it easier for businesses in these sectors to access sophisticated, AI-driven technologies. Increased Market Accessibility: The reduced prices for data management tools have helped make AI and chatbot solutions more accessible to smaller businesses, especially in emerging industries like CBD, where high technology costs were once a barrier to entry. Stronger Market Positioning: With the ability to offer competitive pricing, 1606 Corp. is better positioned to compete with larger players in the space, providing high-quality, affordable solutions to businesses across a variety of industries. Cost Reductions Across the Industry: As the cost of data management and AI solutions like those offered by DeepSeek has decreased, 1606 Corp. has been able to reduce its own operational expenses, enabling the Company to pass those savings on to customers. 'The lower costs of AI and data management solutions across the industry have been a game-changer for us,' said Austen Lambrecht, CEO of 1606 Corp. 'It has enabled us to develop and deliver products like our chatbots for the CBD and public company sectors at more affordable prices, creating new opportunities for businesses that may have otherwise been priced out of the market.' 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. For more information, please visit Industry Information The global AI market, valued at $428 billion in 2022, is anticipated to reach $2.25 trillion by 2030, with a compound annual growth rate (CAGR) ranging from 33.2% to 38.1%. The sector is expected to employ 97 million individuals by 2025, reflecting its expansive and significant impact. This potential growth presents a compelling opportunity for investors and industry professionals interested in the AI sector. Forward-Looking Statements This press release includes forward-looking statements under federal securities laws, including projections and expectations regarding business developments, operations, and market conditions. These statements are identified by terms such as 'should,' 'may,' 'intends,' 'anticipates,' and others. While based on reasonable assumptions, results may differ due to various risks and uncertainties. Please review cautionary statements and disclosures in our filings with the SEC. The Company does not undertake any obligation to update forward-looking statements except as required by law.
