CBDW 8-K
1606 Corp. (CBDW)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
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Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On April 2, 2024, the Board of Directors of 1606 Corp., a Nevada corporation (the “Company”), in consultation with management, concluded that the Company’s previously issued Unaudited Interim Consolidated Financial Statements as of and for the three, six, and nine months ended March 31, 2023, June 30, 2023, and September 30, 2023, respectively, contained within the Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2023, June 30, 2023, and September 30, 2023, respectively, should no longer be relied upon due to errors in the financial statements pertaining to accrued salary of our former CEO, Gregory Lambrecht, and therefore a restatement of these prior financial statements was required.
Management discussed with Turner, Stone & Company, L.L.P., the Company’s independent registered public accounting firm, the matters disclosed in this filing pursuant to Item 4.02(a) of Form 8-K.
The Company restated the previously issued Unaudited Interim Consolidated Financial Statements as of and for the three, six, and nine months ended March 31, 2023, June 30, 2023, and September 30, 2023, respectively in amendments to the Quarterly Reports on Form 10-Q for the periods ended March 31, 2023, June 30, 2023, and September 30, 2023 filed on May 15, 2024, respectively.
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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.
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Date: August 28, 2024 | By: | /s/ Austen Lambrecht |
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| Austen Lambrecht, Chief Executive Officer |
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