1606 : Changes in Control Form 8 K

Item 5.01 Changes in Control of Registrant.

On June 14, 2024, Gregory Lambrecht, the former Chief Executive Officer of 1606 Corp., a Nevada corporation (the "Company"), gifted 60 shares of the Company's Series B Preferred Stock to Austen Lambrecht, the Company's current Chief Executive Officer and the son of Gregory Lambrecht. As a result of the gift, Austen Lambrecht, through his ownership of 90 shares of Series B Preferred Stock (which constitute all of the outstanding shares of Series B Preferred Stock), has voting control of the Company.

The basis for the voting control is as follows:

If at least one share of Series B Preferred Stock is issued and outstanding, then the total aggregate issued shares of Series B Preferred Stock at any given time, regardless of their number, shall have voting rights equal to 10 times the sum of: i) the total number of shares of Common Stock which are issued and outstanding at the time of voting, plus ii) the total number of votes of all other series of Preferred Stocks which are issued and outstanding at the time of voting.

Each individual share of Series B Preferred Stock shall have the voting rights equal to:

[ten times the sum of: {all shares of Common Stock issued and outstanding at the time of voting + the total number of votes of all other series of Preferred Stocks which are issued and outstanding at the time of voting}]

Divided by:

[the number of shares of Series B Preferred Stock issued and outstanding at the time of voting]

With respect to all matters upon which stockholders are entitled to vote or to which stockholders are entitled to give consent, the holders of the outstanding shares of Series B Preferred Stock shall vote together with the holders of Common Stock without regard to class, except as to those matters on which separate class voting is required by applicable law or the Articles of Incorporation or Bylaws.

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