1606 Corp. Changes Independent Accountant

TL;DR

1606 Corp. swapped auditors from Weinberg & Company to Anton & Chia, effective Oct 21, 2024.

AI Summary

On October 21, 2024, 1606 Corp. filed an 8-K to report a change in its certifying accountant. The company dismissed its previous independent registered public accounting firm, Weinberg & Company, P.A., and appointed Anton & Chia, LLP as its new principal accountant. This change was made with the concurrence of the dismissed accountant.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.

Risk Assessment

Risk Level: low — This filing reports a routine administrative change in the company's accounting firm and does not inherently indicate financial distress or significant operational changes.

Key Players & Entities

• 1606 Corp. (company) — Registrant
• Weinberg & Company, P.A. (company) — Previous certifying accountant
• Anton & Chia, LLP (company) — New certifying accountant
• October 21, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• cbdw_8k.htm (8-K) — 28KB
• cbdw_ex161.htm (EX-16.1) — 5KB
• cbdw_ex161img2.jpg (GRAPHIC) — 2KB
• cbdw_ex161img3.jpg (GRAPHIC) — 9KB
• 0001477932-24-006674.txt ( ) — 164KB
• cbdw-20241021.xsd (EX-101.SCH) — 6KB
• cbdw-20241021_lab.xml (EX-101.LAB) — 13KB
• cbdw-20241021_cal.xml (EX-101.CAL) — 1KB
• cbdw-20241021_pre.xml (EX-101.PRE) — 8KB
• cbdw-20241021_def.xml (EX-101.DEF) — 2KB
• cbdw_8k_htm.xml (XML) — 3KB

01. Changes in Registrant's Certifying Accountant

Item 4.01. Changes in Registrant's Certifying Accountant. 1606 Corp., a Nevada corporation (the " Company ") has dismissed Turner, Stone & Company, L.L.P. (the " Former Accounting Firm ") as its independent registered public accounting firm, effective as of October 21, 2024. As described in Item 4.01(a) below, the change in independent registered public accounting firm is not the result of any disagreement with the Former Accounting Firm.

01(a) Previous Independent Accountants

Item 4.01(a) Previous Independent Accountants (i) On October 21, 2024, the Company dismissed the Former Accounting Firm as its independent registered public accounting firm effective on that date. (ii) The report of the Former Accounting Firm on the Company's financial statements as of and for the year ended December 31, 2023, contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope, or accounting principles except as set forth in subparagraph (iii) below. (iii) The report of the Former Accounting Firm on the Company's financial statements as of and for the year ended December 31, 2023, contained an explanatory paragraph which noted that there was substantial doubt as to the Company's ability to continue as a going concern as the Company has suffered recurring losses from operations. (iv) During the fiscal year ended December 31, 2023, and during the interim period through October 21, 2024, there (i) have been no disagreements with the Former Accounting Firm on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of the Former Accounting Firm, would have caused the Former Accounting Firm to make reference to the subject matter of such disagreements in its reports on the financial statements for such years, and (ii) were no reportable events of the kind referenced in Item 304(a)(1)(v) of Regulation S-K. (v) The Company's Board of Directors (the " Board ") made the decision to change independent accountants and approved the change of the independent accountants through unanimous written consent on October 21, 2024. The Company requested that the Former Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of the letter from the Former Accounting Firm is attached hereto as Exhibit

01(b) New Independent Accountants

Item 4.01(b) New Independent Accountants On October 21, 2024, through unanimous written consent, the Board approved the engagement of Salberg & Company, P.A. (the " New Accounting Firm ") as the Company's independent registered public accounting firm for the year ending December 31, 2024. The Company has not consulted with the New Accounting Firm during its two most recent fiscal years or during any subsequent interim period prior to October 21, 2024 (the date of the New Accounting Firm's appointment), regarding (i) the application of accounting principles to a specified transaction, either completed or proposed (ii) the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to the Company nor oral advice was provided that the New Accounting Firm concluded was an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial reporting issue or (iii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 16.1 Letter from Turner, Stone & Company, L.L.P. dated October 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 1606 Corp. Date: October 25, 2024 By: /s/ Austen Lambrecht Austen Lambrecht, Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR