1606 Corp. Reports Great Success on IR Chat Sales Push and Shows Increased Revenue Last Quarter

SEATTLE, WA / ACCESSWIRE / May 21, 2024 / 1606 Corp. (OTC PINK:CBDW) (the "Company," "1606," or "CBDW"), a leader in innovative AI chatbot solutions, is pleased to provide an update on our recent sales push for IR Chat and the latest Company filings. We are thrilled to announce several significant milestones that mark our continued growth and success in the industry.

Key Highlights:

Partnership with ISO Company:

We have successfully partnered with an Independent Sales Organization (ISO) to enhance our client acquisition efforts. This strategic alliance will enable us to expand our reach and bring our cutting-edge IR Chat solutions to a broader audience. The ISO's established network of over 50 clients and decades of expertise in sales will allow us to tap into new sales channels, accelerating our growth trajectory. This partnership is expected to significantly boost our client base and drive higher sales volumes in the coming months. The Company has already been introduced to multiple companies to use the bot for their public company websites.

First IR Chat Bot Client:

We are excited to announce that we have signed our first IR chatbot bot client, marking a significant achievement for our team. This client, a well-known player in the Solar industry, Singlepoint (CBOE: SING), will be utilizing our IR Chat technology to enhance their customer service and engagement strategies. The deployment of our chatbot will streamline their communication processes, improve customer satisfaction, and reduce operational costs. This success story is a testament to the versatility and effectiveness of our chatbot solutions, and we anticipate this will pave the way for more clients to adopt our technology.

Strong Financial Performance:

Our first-quarter financial results demonstrate an increase in revenue compared to last year's 1st quarter, driven by new client acquisitions and higher demand for our products and services. This growth is a testament to the effectiveness of our sales strategies and the strong demand for our innovative solutions. Our financial stability and consistent growth enable us to reinvest in research and development, ensuring that we continue to offer state-of-the-art technology to our clients.