1606 Corp
What Do They Do?
Pursues power infrastructure and energy assets for data center and AI operations, while maintaining AI chatbots for CBD businesses and public companies.
10-K for FY2025, filed Mar 27, 2026While the Company continues to maintain its AI chatbot technology, the Company's strategic focus has shifted toward the acquisition and…View ↗
The Property consists of approximately 132 acres of real property located in Lufkin, Angelina County, Texas, together with improvements…View ↗
In August of 2023, we decided to use our knowledge of the cannabidiol (“CBD”) industry to move into AI chatbots specifically made for the…View ↗
In April of 2024, we debuted our Chatbot for the public company vertical, “IRChat.” IRChat is a chatbot that is able to go on a public…View ↗
Who Are Their Customers?
CBD brands and retailers, along with public companies, are target customers for the chatbots. The company reaches them through its website, online ads and email, and through independent sales organizations such as distributors, web developers and payment processors.
10-K for FY2025, filed Mar 27, 2026We are focused on signing business to use our chatbot with a monthly recuring licensing fee model. Through a combination of our website…View ↗
We are also using independent sales organizations (“ISOs”) to sell the chatbot or include it in a package deal with their products. These…View ↗
We develop AI chatbot’s that are specifically designed to the industry and products for a retailer or brands. The bot is trained on…View ↗
We are focused on signing business to use the chatbot with a monthly recurring licensing fee model. We are using a combination of our…View ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$121.1KView ↗
- ▼ −42% (Loss)
- vs −$210.1K in Q2 FY2025
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May 4, 2026
Agreed to acquire a majority interest in Sim Agro
The transaction has not yet closed and remains subject to customary conditions.
Sources
8-K, filed May 4, 2026
On May 2, 2026, 1606 Corp., a Nevada corporation (the “Company”), and Sim Agro Inc., a Texas corporation (“Sim Agro”), entered into an…View ↗
From hemp products to infrastructure
The older report describes nicotine- and tobacco-free hemp cigarettes sold to consumers; the latest describes AI chatbots and a strategic focus on acquiring and developing power assets for data center and AI operations.
10-K for FY2022, filed Mar 10, 2023 10-K for FY2025, filed Mar 27, 2026The Company was incorporated in Nevada in February 2021 as a spin-off from Singlepoint Inc. in April 2021. We offer nicotine-free and…View ↗
In August of 2023, we decided to use our knowledge of the cannabidiol (“CBD”) industry to move into AI chatbots specifically made for the…View ↗
While the Company continues to maintain its AI chatbot technology, the Company's strategic focus has shifted toward the acquisition and…View ↗
The Property consists of approximately 132 acres of real property located in Lufkin, Angelina County, Texas, together with improvements…View ↗
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