1606 (CBDW) 10-Q 15 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 14, 2024
Cover [Abstract]
Entity Registrant Name	1606 Corp.
Entity Central Index Key	0001877461
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Entity Common Stock Shares Outstanding		104,276,332
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-53425
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	86-1497346
Entity Address Address Line 1	2425 E. Camelback Rd
Entity Address City Or Town	Phoenix
Entity Address State Or Province	AZ
Entity Address Postal Zip Code	85016
City Area Code	602
Local Phone Number	481-1544
Entity Interactive Data Current	Yes
Entity Address Address Line 2	Suite 150

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current Assets
Cash	$ 26,782	$ 48,941
Accounts receivable	0	3,600
Notes receivable		21,500
Inventory	0	72,853
Prepaids & other current assets	17,027	1,444
Total Current Assets	43,809	148,338
Total Assets	43,809	148,338
Current Liabilities
Accounts payable and accrued liabilities	467,305	295,041
Accrued interest	52,884	10,086
Note payable to related party	63,456	63,456
Convertible notes, net of discount	249,008	51,086
Derivative liability	86,552	193,026
Note payable to shareholder	1,220,550	950,550
Total Current Liabilities	2,139,755	1,563,245
Total Liabilities	2,139,755	1,563,245
Stockholders' Equity (Deficit)
Common stock, par value $0.0001 per share, 5,000,000,000 shares authorized; 87,600,557 and 58,582,469 shares issued and outstanding, respectively	8,760	5,858
Additional Paid-in Capital	4,506,602	995,638
Accumulated Deficit	(6,617,296)	(2,422,031)
Total Stockholders' Equity (Deficit)	(2,095,946)	(1,414,907)
Total Liabilities and Stockholders' Equity (Deficit)	43,809	148,338
Class A Convertible Preferred Stock [Member]
Stockholders' Equity (Deficit)
Preferred Stock, value	5,988	5,628
Class B Preferred Stocks [Member]
Stockholders' Equity (Deficit)
Preferred Stock, value	0	0
Undesignated Preferred Shares [Member]
Stockholders' Equity (Deficit)
Preferred Stock, value	$ 0	$ 0

CONDENSED BALANCE SHEETS (Paren

CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	87,600,557	58,582,469
Common stock, shares outstanding	87,600,557	58,582,469
Undesignated Preferred Shares [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	39,999,900	39,999,900
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Class B Preferred Shares [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	100	100
Preferred stock, shares issued	90	0
Preferred stock, shares outstanding	90	0
Class A Convertible Preferred Shares [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	60,000,000	60,000,000
Preferred stock, shares issued	59,880,127	56,282,599
Preferred stock, shares outstanding	59,880,127	56,282,599

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
CONDENSED STATEMENTS OF OPERATIONS (Unaudited)
Revenue, net of discounts	$ 0	$ 78	$ 7,195	$ 1,553
Cost of goods sold	0	0	7,313	4,781
Gross profit (loss)	0	78	(118)	(3,228)
Operating Expenses
Selling, general and administrative	3,224,679	492,487	3,911,339	1,245,514
Write-off of note receivable and investments	21,500	0	21,500	65,000
Total operating expenses	3,246,179	492,487	3,932,839	1,310,514
Operating loss	(3,246,179)	(492,409)	(3,932,957)	(1,313,742)
Interest expense
Interest expense	(98,322)	(31,527)	(406,746)	(36,569)
Gain (loss) on debt extinguishment	102,579	0	102,579	0
Change in fair value of derivative liabilities	(327,714)	(42,372)	41,859	(42,372)
Total other expenses	(323,457)	(73,899)	(262,308)	(5,803)
Loss from operations before income taxes	(3,569,636)	(566,308)	(4,195,265)	(1,392,683)
Provision for income taxes	0	0	0	0
Net Loss	$ (3,569,636)	$ (566,308)	$ (4,195,265)	$ (1,392,683)
Net loss per share - basic and diluted	$ (0.04)	$ (0.01)	$ (0.06)	$ (0.03)
Weighted average common shares - basic and diluted	81,870,709	46,690,474	70,124,866	44,031,600

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY (DEFICIT) (Unaudited) - USD ($)	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Class A Convertible Preferred Stock [Member]	Class B Preferred Stock [Member]
Balance, shares at Dec. 31, 2022		37,428,394			56,635,000
Balance, amount at Dec. 31, 2022	$ (595,051)	$ 3,742	$ 236,842	$ (841,298)	$ 5,663	$ 0
Share conversions, shares		5,060,125			(202,405)
Share conversions, amount	0	$ 506	(486)	0	$ (20)	0
Preferred stock issued for services, shares					200,004
Preferred stock issued for services, amount	110,002	$ 0	109,982	0	$ 20	0
Common stock issued for cash, shares		825,000
Common stock issued for cash, amount	412,500	$ 83	412,417	0	0	0
Common stock issued for services, shares		3,945,087
Common stock issued for services, amount	108,000	$ 395	107,605	0	0	0
Net loss	(1,392,683)	$ 0	0	(1,392,683)	$ 0	0
Balance, shares at Sep. 30, 2023		47,258,606			56,632,599
Balance, amount at Sep. 30, 2023	(1,357,232)	$ 4,726	866,360	(2,233,981)	$ 5,663	0
Balance, shares at Jun. 30, 2023		46,158,606			56,632,599
Balance, amount at Jun. 30, 2023	(815,924)	$ 4,616	841,470	(1,667,673)	$ 5,663	0
Share conversions, shares		100,000
Share conversions, amount	0	$ 10	(10)		0	0
Common stock issued for cash, shares		1,000,000
Common stock issued for cash, amount	25,000	$ 100	24,900	0	0	0
Net loss	(566,308)	$ 0	0	(566,308)	$ 0	0
Balance, shares at Sep. 30, 2023		47,258,606			56,632,599
Balance, amount at Sep. 30, 2023	(1,357,232)	$ 4,726	866,360	(2,233,981)	$ 5,663	0
Balance, shares at Dec. 31, 2023		58,582,469			56,282,599
Balance, amount at Dec. 31, 2023	(1,414,907)	$ 5,858	995,638	(2,422,031)	$ 5,628	0
Share conversions, shares		11,061,800			(442,472)
Share conversions, amount	0	$ 1,106	(1,062)	0	$ (44)	$ 0
Preferred stock issued for services, shares					4,040,000	90
Preferred stock issued for services, amount	2,990,000	$ 0	2,989,596	0	$ 404	$ 0
Common stock issued for cash, shares		13,429,645
Common stock issued for cash, amount	315,933	$ 1,343	314,590	0	0	0
Common stock issued for services, shares		900,000
Common stock issued for services, amount	43,400	$ 90	43,310	0	0	0
Net loss	(4,195,265)	$ 0	0	(4,195,265)	0	0
Common stock issued upon note conversions, shares		3,626,643
Common stock issued upon note conversions, amount	164,893	$ 363	164,530	0	$ 0	$ 0
Balance, shares at Sep. 30, 2024		87,600,557			59,880,127	90
Balance, amount at Sep. 30, 2024	(2,095,946)	$ 8,760	4,506,602	(6,617,296)	$ 5,988	$ 0
Balance, shares at Jun. 30, 2024		75,545,390			55,920,127	90
Balance, amount at Jun. 30, 2024	(1,922,633)	$ 7,554	1,111,881	(3,047,660)	$ 5,592	$ 0
Share conversions, shares		1,000,000			(40,000)
Share conversions, amount	0	$ 100	(96)	0	$ (4)	0
Preferred stock issued for services, shares					4,000,000
Preferred stock issued for services, amount	2,930,000	$ 0	2,929,600	0	$ 400	0
Common stock issued for cash, shares		9,500,237
Common stock issued for cash, amount	190,927	$ 950	189,977	0	0	0
Net loss	(3,569,636)	$ 0	0	(3,569,636)	0	0
Common stock issued upon note conversions, shares		1,554,930
Common stock issued upon note conversions, amount	123,946	$ 156	123,790	0	0	0
Settlement of derivative liability	151,450	$ 0	151,450	0	$ 0	$ 0
Balance, shares at Sep. 30, 2024		87,600,557			59,880,127	90
Balance, amount at Sep. 30, 2024	$ (2,095,946)	$ 8,760	$ 4,506,602	$ (6,617,296)	$ 5,988	$ 0

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash Flows from Operating Activities
Net loss	$ (4,195,265)	$ (1,392,683)
Adjustments to reconcile net loss to net cash used in operating activities:
Shares issued for services provided	3,033,400	218,002
Amortization of debt discount	292,470	31,482
Change in fair value of derivative liabilities	(41,859)	42,372
(Gain) loss on debt extinguishment	(102,579)	0
Financing cost	0	225,952
Write-off of note receivable and investments	21,500	65,000
Impairment of inventory	72,853	0
Changes in operating assets and liabilities:
Accounts receivable	3,600	(3,600)
Inventory	0	(16,028)
Prepaids & other current assets	(15,583)	3,648
Accounts payable and accrued liabilities	172,264	229,019
Accrued interest	48,500	5,087
Net cash used in operating activities	(710,699)	(591,749)
Cash Flows from Investing Activities
Investment in operating companies	0	(65,000)
Investment in note receivable	0	(21,500)
Net cash used in investing activities	0	(86,500)
Cash Flows from Financing Activities
Increase in note payable to shareholder	270,000	20,000
Proceeds from convertible notes	419,500	175,000
Repayment of convertible notes	(316,893)	0
Proceeds from sale of common stock	315,933	412,500
Net cash provided by financing activities	688,540	607,500
Net increase (decrease) in cash	(22,159)	(70,749)
Cash, beginning of period	48,941	105,065
Cash, end of period	26,782	34,316
Supplemental disclosures of cash items
Interest paid	0	0
Income tax paid	0	0
Supplemental schedule of non-cash investing and financing activities
Discount on convertible notes payable from derivative liability	123,280	$ 0
Conversion of loans and accrued interest into common stock	$ 79,577

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2024
DESCRIPTION OF BUSINESS
DESCRIPTION OF BUSINESS	NOTE 1 - DESCRIPTION OF BUSINESS Corporate History 1606 Corp. (“1606” or the “Company”) was formed in February 2021 and was a division of Singlepoint Inc. (“Singlepoint”) until April 2021, when Singlepoint spun off 1606, whereby each holder of common stock and Class A preferred stock of Singlepoint received one share of unregistered and restricted common stock or Class A preferred stock of the Company for each such share owned of Singlepoint. Business The Company is an AI Chatbot company specializing in merchandizing bot specifically built for the CBD industry and AI Chatbots for public companies. Going Concern The accompanying condensed financial statements have been prepared assuming the Company will continue as a going concern. As of September 30, 2024, the Company has yet to achieve significant profitable operations and is dependent on its ability to raise capital from stockholders or other sources to sustain operations and to ultimately achieve viable operations. The condensed financial statements do not include any adjustments that might result from the outcome of these uncertainties. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue in existence is dependent on its ability to develop its business and to achieve profitable operations. Since the Company does not anticipate achieving profitable operations and/or adequate cash flows in the near term, management will continue to pursue additional equity financing through private placements of the Company’s common stock.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed financial statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. The balance sheet at December 31, 2023 has been derived from the audited financial statements at that date. For further information, refer to the financial statements and footnotes thereto included in the Company’s annual financial statements for the year ended December 31, 2023 included in the Company’s Annual Report on Form 10-K filed with the SEC on April 17, 2024. Use of Estimates The preparation of the condensed financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements, and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results may differ from those estimates. Significant estimates in the accompanying financial statements include valuation of notes receivable, valuation of inventory valuation of derivative liabilities, valuation of stock-based costs, and valuation of deferred tax assets.. Reclassifications The Company reclassified certain interest expenses of $31,527 and $36,569 from operating expenses to other expenses for the three and nine months ended September 30, 2023, to conform to the 2024 presentation. There was no net effect on the total expenses of such reclassification. Cash Cash consists of highly liquid investments with an original maturity of three months or less. Accounts Receivable and Credit Policy Trade receivables due from customers are uncollateralized customer obligations due under normal trade terms requiring payment within 30 days from the invoice date. Uncollectable accounts are charged to expense when the account is determined to be uncollectable. The allowance is provided based upon a review of the individual accounts outstanding, prior history of uncollectable accounts receivable and existing economic conditions. At September 30, 2024 and December 31, 2023, the allowance for doubtful accounts balance is $0. Inventory Inventories are valued at the lower of cost or net realizable value, and consisted primarily of finished hemp products. At each balance sheet date, the Company evaluates inventories for excess quantities, obsolescence, or shelf-life expiration. This evaluation includes analysis of historical sales levels by product, projections of future demand and the risk of technological or competitive obsolescence for products. To the extent that management determines there is excess or obsolete inventory or quantities with a shelf life that is too near its expiration for the Company to reasonably expect that it can sell those products prior to their expiration, the Company adjusts the carrying value of this inventory to the lower of cost or net realizable value. During the nine months ended September 30, 20204, the Company wrote off inventory in the amount of $72,853 which is included in operating expenses, since the Company will no longer be selling CBD products. Derivative Liabilities The Company has certain financial instruments that are derivatives or contain embedded derivatives. The Company evaluates all its financial instruments to determine if those contracts or any potential embedded components of those contracts qualify as derivatives to be separately accounted for in accordance with ASC 810-10-05-4 and 815-40. This accounting treatment requires that the carrying amount of any derivatives be recorded at fair value at issuance and marked-to-market at each balance sheet date. In the event that the fair value is recorded as a liability, as is the case with the Company, the change in the fair value during the period is recorded as either other income or expense. Upon conversion, exercise or repayment, the respective derivative liability is marked to fair value at the conversion, repayment or exercise date and then the related fair value amount is reclassified to other income or expense as part of gain or loss on extinguishment. When a convertible note that contains a bi-furcated derivative is converted, it is not considered to be a convertible note for accounting purposes. Therefore, the Company will recognize a gain or loss on the conversion as a debt extinguishment gain or loss based on the difference between the fair value of the shares issued and the book value of the debt converted. Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718, “Compensation - Stock Compensation,” which requires all stock-based awards granted to employees, directors and non-employees to be measured at grant date fair value of the equity instrument issued and recognized as expense. Stock-based compensation expense is recognized on a straight-line basis over the requisite service period of the award, which is generally equivalent to the vesting period. The fair value of each stock option granted is estimated using the Black-Scholes option pricing model. The measurement date for the non-forfeitable awards to non-employees that vest immediately is the date the award is granted. Revenue Recognition The Company, which has adopted ASC 606 “Revenue from Contracts with Customers”, Cost of Goods Sold and Selling, General and Administrative Expenses Costs associated with the production and procurement of product are included in cost of goods sold, including shipping and handling costs such as inbound freight costs, purchasing, and receiving costs, inspection costs and other product procurement related charges. All other expenses are included in selling, general and administrative expenses, as the predominant expenses associated therewith are general and administrative in nature. Net Loss Per Common Share Basic loss per share data is computed using the weighted-average number of shares of common stock outstanding during the period. Diluted loss per share data is computed using the weighted-average number of common and dilutive common-equivalent shares outstanding during the period. Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and other common stock equivalents, computed using the treasury stock method, and are excluded from the calculation of weighted average dilutive common shares, to the extent they are issued and outstanding, because their effect would be anti-dilutive. The number of potentially dilutive shares excluded from the calculation of diluted earnings per share were 1,497,003,175 related to the Company’s Class A convertible preferred stock. These shares were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive. At September 30, 2024 and December 31, 2023, 87,600,557 and 58,582,469 shares of the Company’s common stock were outstanding, respectively. These share amounts are utilized for the calculation of basic and diluted earnings per share for years then ended. Selling and Marketing Selling and marketing costs are expensed as incurred and are reported under selling, general and administrative in the accompanying condensed statements of operations. Fair Value Measurement ASC Topic 820, “Fair Value Measurement”, requires that certain financial instruments be recognized at their fair values at our balance sheet dates. However, other financial instruments, such as debt obligations, are not required to be recognized at their fair values, but GAAP provides an option to elect fair value accounting for these instruments. GAAP requires the disclosure of the fair values of all financial instruments, regardless of whether they are recognized at their fair values or carrying amounts in our balance sheets. For financial instruments recognized at fair value, GAAP requires the disclosure of their fair values by type of instrument, along with other information, including changes in the fair values of certain financial instruments recognized in income or other comprehensive income. For financial instruments not recognized at fair value, the disclosure of their fair values is provided below under “Financial Instruments.” Nonfinancial assets, such as property, plant and equipment, and nonfinancial liabilities are recognized at their carrying amounts in the Company’s balance sheets. GAAP does not permit nonfinancial assets and liabilities to be remeasured at their fair values. However, GAAP requires the remeasurement of such assets and liabilities to their fair values upon the occurrence of certain events, such as the impairment of property, plant and equipment. In addition, if such an event occurs, GAAP requires the disclosure of the fair value of the asset or liability along with other information, including the gain or loss recognized in income in the period the remeasurement occurred. Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; Level 2 - Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; or Level 3 - Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). The Company did not have any Level 1 or Level 2 assets and liabilities at September 30, 2024, or December 31, 2023. The Derivative liabilities are Level 3 fair value measurements. The following is a summary of activity of Level 3 liabilities for the period ended September 30, 2024: Balance - December 31, 2023 $ 193,026 Additions 123,280 Settlements (187,895 ) Change in fair value (41,859 ) Balance - September 30, 2024 $ 86,552 During 2024 and 2023, the Company issued note payable agreements which contain conversion provisions meeting the definition of a derivative liability which therefore require bifurcation. Further, pursuant to the Company’s contract ordering policy, equity linked instruments subsequently issued resulted in derivative liabilities. Settlements of derivative liabilities are the result of conversions or repayments of the underlying note payable agreements. The fair value of the bifurcated derivative related to the amounts converted or repaid are included in the (gain) loss on debt extinguishment in the accompanying condensed statement of operations. At September 30, 2024, and for the nine months then ended, the Company estimated the fair value of the conversion feature derivatives embedded in the notes payable and warrants based on assumptions used in the Cox-Ross-Rubinstein binomial pricing model using the following inputs: the price of the Company’s common stock ranging from $0.02 to $0.06; risk-free interest rates ranging from 3.90% to 5.41%; expected volatility of the Company’s common stock ranging from 101% to 140% based on the volatility of comparable publicly traded entities; and exercise prices ranging from $0.018 to $0.034; terms of three to nine months; and an expected probability of occurrence of note default of 10% At December 31, 2023, the Company estimated the fair value of the conversion feature derivatives embedded in the notes payable and warrants based on assumptions used in the Cox-Ross-Rubinstein binomial pricing model using the following inputs: the price of the Company’s common stock of $0.0285; risk-free interest rates ranging from 4.79% to 5.03%; expected volatility of the Company’s common stock ranging from 110% to 204% based on the volatility of comparable publicly traded entities; and exercise prices of $0.0182; and terms of eight to twelve months. Segment reporting The Company operates in a single business segment. As a result, the Company’s operations are a single reportable segment, which is consistent with the Company’s internal management reporting. Income Taxes In December 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which will require the Company to disclose specified additional information in its income tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. ASU 2023-09 will also require the Company to disaggregate its income taxes paid disclosure by federal, state and foreign taxes, with further disaggregation required for significant individual jurisdictions. The Company will adopt ASU 2023-09 in its fourth quarter of 2026. ASU 2023-09 allows for adoption using either a prospective or retrospective transition method. Recent Accounting Pronouncements The Company has considered the potential impact of recent accounting pronouncements and has not identified any that are expected to have a material impact on the financial statements.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2024
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 3 – RELATED PARTY TRANSACTIONS Related Party Transactions During the nine months ended September 30, 2024, a total of 4,040,000 shares of Class A convertible preferred stock was issued to the members of the Company’s Board of Directors for services provided. The value of all these shares was determined to be $2,990,000 based on an assumed conversion at a 1-for-25 ratio of the Class A preferred stock for common shares and the closing market price of the common shares on the date of grant. During the nine months ended September 30, 2024, a total of 90 shares of Series B convertible preferred stock was issued to the Company’s Chief Executive Officer, Austen Lambrecht, and to the Company’s former Chief Executive Officer, Greg Lambrecht as Compensation for Services. A nominal value was recorded for the fair value of the Series B shares issued. On June 14, 2024, Gregory Lambrecht, gifted 60 shares of the Company’s Series B Preferred Stock to Austen Lambrecht. In June 2021, the Company entered into an Asset Purchase Agreement with Singlepoint to purchase certain assets in exchange for the issuance of a promissory note (the “Note”) for $63,456. 1606 Corp. was originally a division of Singlepoint until April 2021, when Singlepoint spun off 1606 Corp. through a stock distribution to its shareholders. The Note bears interest at 5%, has a three-year term, and is due in monthly installments of $1,902 beginning August 1, 2021. The Company has not made any payments on the Note and is currently in default. Accrued interest on the Note totaled $8,727 and $6,346 at September 30, 2024 and December 31, 2023, respectively.

DEBT

DEBT	9 Months Ended
	Sep. 30, 2024
DEBT
DEBT	NOTE 4 – DEBT Promissory Notes Payable - Related Party During the nine months ended September 30, 2024, the Company borrowed $270,000 in a series of cash payments from the Company’s former CEO in exchange for the issuance of a promissory note. The promissory note is not secured by Company assets, does not bear interest and is due in full on March 15, 2025. The promissory note totals $1,220,550 at September 30, 2024. In June 2021, the Company entered into an Asset Purchase Agreement with Singlepoint to purchase certain assets in exchange for the issuance of a promissory note (the “Note”) for $63,456, which is reflected as a note payable to a related party in accompanying balance sheet. The Note bears interest at 5%, has a three-year term, and is due in monthly installments of $1,902 beginning August 1, 2021. The Company has not made any payments on the Note and is currently in default. Accrued interest on the Note totaled $8,727 and $6,346 at September 30, 2024 and December 31, 2023, respectively. Convertible Notes Payable From January 19, 2024, to August 19, 2024, the Company issued seven notes payable. Six of the Notes, upon an event of default, contain a conversion feature meeting the definition of a derivative liability. For one of the Notes, the holder may convert after 180 days of the Note issuance date; the conversion right starts on October 1, 2024. Pursuant to the Company’s contract ordering policy, the conversion features derivative liabilities were initially valued at $123,280 upon issuance and recorded as a derivative liability, resulting in additional debt discounts totaling $123,280. The Notes have maturity dates ranging from November 2024 to May 2025 and carry interest rates ranging from 8% to 13%. For one of the Notes which is convertible after 180 days from issuance or upon an event of default, the conversion rate shall be 65% of the Market Price with the Market Price being defined as the lowest trading price of the Company's common stock over the 10 preceding trading days. For six of the Notes, which are convertible only after an Event of Default, the conversion rate shall be 70% of the market price with the market price being defined as the lowest trading price of the Company's common stock over the 10 preceding trading days. During the nine months ended September 30, 2024, the Company made payments on convertible notes payable and a note payable, resulting in a settlement of derivative liabilities totaling $173,273. Additionally, the Company issued 3,626,643 common shares for the conversion of notes payable with principal and accrued interest totaling $79,577, resulting in a settlement of derivative liabilities totaling $14,622. The total $187,895 is included as a debt extinguishment gain in the statement of operations. The loss on extinguishment related to conversion of the $79,577 debt with a fair value of common shares issued of $164,893 was $85,316. The above $187,895 gain and $85,316 loss resulted in a net gain on extinguishment of $102,579 as reflected in the statement of operations for the nine months ended September 30, 2024. During the nine months ended September 30, 2024, the Company amortized $292,470 of debt discount resulting in an unamortized debt discount of $108,262 and carrying value of $249,008 as of September 30, 2024. Accrued interest as of September 30, 2024 was $52,884. Convertible notes value as of September 30, 2024 and December 31, 2024: September 30, 2024 December 31, 2023 Convertible notes $ 357,270 $ 204,488 Unamortized discounts (108,262 ) (153,402 ) Convertible notes, net $ 249,008 $ 51,086 Scheduled maturities of debt remaining as of September 30, 2024 for each respective fiscal year end are as follows: 2024 $ 110,206 2025 1,531,070 Total $ 1,641,276

CAPITAL STOCK

CAPITAL STOCK	9 Months Ended
	Sep. 30, 2024
CAPITAL STOCK
CAPITAL STOCK	NOTE 5 - CAPITAL STOCK Capital Stock As of September 30, 2024, the Company’s authorized capital stock consists of 5,000,000,000 shares of common stock at $0.0001 par value per share and 100,000,000 shares of preferred stock at $0.0001 par value per share. The Company has designated 60,000,000 shares of preferred stock as Class A convertible preferred stock (the “Class A Preferred Stock”), and 100 shares of preferred stock as Series B super voting preferred stock (the “Series B Preferred Stock”). The remaining 39,999,900 of preferred stock remains undesignated. Common Stock The holders of common stock are entitled to one vote for each share held. The affirmative vote of a majority of votes cast at a meeting which commences with a lawful quorum is sufficient for approval of most matters upon which shareholders may or must vote, including the questions presented for approval or ratification at the Company’s Annual Shareholders’ Meeting. An amendment of the Company’s Articles of Incorporation, however, requires the affirmative vote of a majority of the Company’s total voting power for approval. Common shares do not carry cumulative voting rights, and holders of more than 50% of the common stock have the power to elect all directors and, as a practical matter, to control the Company. Holders of common stock are not entitled to preemptive rights, and the common stock may only be redeemed at the Company’s election. During the nine months ended September 30, 2024, the Company issued 29,018,088 shares of its common stock, including: - 11,061,800 shares of its common stock upon conversion of 442,472 shares of Class A preferred stock; - 13,429,645 shares of its common stock for a total purchase price of $315,933, net of offering costs of $12,125; - 900,000 shares of its common stock for various services provided, valued at $43,400 based on the closing market price of the common shares on the grant dates; - 3,626,643 shares of its common stock with a fair value of $164,893 based on the closing market price on the conversion dates upon conversion of convertible notes and accrued interest in the amount of $79,577, resulting in net loss on debt extinguishment of $85,316. Class A Preferred Stock The Class A preferred stock has certain material rights and preferences (as is more fully set forth in the Certificate of Designation of the Class A Preferred Stock). During the nine months ended September 30, 2024, a total of 4,040,000 shares of Class A preferred stock was issued to the members of the Company’s Board of Directors for services provided. The value of all these shares was determined to be $2,990,000 based on an assumed conversion at a 25 common shares for 1 preferred share ratio of the Class A preferred stock for common shares and the approximate $0.029 closing market price of the common shares on the date of grant. During the nine months ended September 30, 2024, 442,472 shares of Class A preferred stock were converted into 11,061,800 common shares. As of September 30, 2024, the Company had 59,880,127 shares of Class A preferred stock outstanding, of which 15,958,767 shares are held by the Company’s CEO. The former officers and directors of Singlepoint hold the remaining shares of the Class A preferred stock. Ranking The Class A preferred stock ranks, as to dividends and upon liquidation, senior and prior to the common stock of the Company. Liquidation In the event of liquidation, dissolution or winding up of the Company, the holders of the Class A preferred stock are entitled, out of the assets of the Company legally available for distribution, to receive, before any payment to the holders of shares of common stock or any other class or series of stock ranking junior, and amount per share equal to any dividends declared but unpaid thereon. Voting Each share of Class A preferred stock entitles the holder thereof to 50 votes on any matters requiring a shareholder vote of the Company. Conversion Each share of our Class A preferred stock is convertible into 25 shares of common stock at the option of the holder. Series B Super Voting Preferred Stock The Series B preferred stock has certain material rights and preferences (as is more fully set forth in the Certificate of Designation of the Series B Preferred Stock) and has a stated value of $0.0001 per share. During the nine months ended September 30, 2024, a total of 90 shares of Class A preferred stock was issued to the two members of the Company’s Board of Directors. A nominal value was recorded for the fair value of the Series B shares issued. As of September 30, 2024, the Company had 90 shares of Series B preferred stock outstanding. Dividends There will be no dividends due or payable on the Series B Preferred Stock. Liquidation Rights Upon the occurrence of a “Liquidation Event,” the holders of Series B Preferred Stock are entitled to receive net assets on a pro-rata basis. Each holder of Series B Preferred Stock is entitled to receive ratably any dividends declared by the Board, if any, out of funds legally available for the payment of dividends. “Liquidation Event” means (i) the liquidation, dissolution or winding-up, whether voluntary or involuntary, of the Company, (ii) the purchase or redemption by the Company of shares of any class of stock or the merger or consolidation of the Company with or into any other corporation or corporations, or (iii) the sale, license or lease of all or substantially all, or any material part of, the Company’s assets. Conversion Rights The shares of Series B Preferred Stock are not convertible into shares of the Company’s Common Stock. Voting Rights 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.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies (Note 6)
COMMITMENTS AND CONTINGENCIES	NOTE 6 - COMMITMENTS AND CONTINGENCIES Legal Proceedings and Other Claims From time to time, we are a party to claims and actions for matters arising out of our business operations. We regularly evaluate the status of the legal proceedings and other claims in which we are involved to assess whether a loss is probable or there is a reasonable possibility that a loss, or an additional loss, may have been incurred and determine if accruals are appropriate. If accruals are not appropriate, we further evaluate each legal proceeding to assess whether an estimate of possible loss or range of possible loss can be made for disclosure. Although the outcome of claims and litigation is inherently unpredictable, we believe that we have adequate provisions for any probable and estimable losses. It is possible, nevertheless, that our financial position, results of operations or liquidity could be materially and adversely affected in any particular period by the resolution of a claim or legal proceeding. Legal expenses related to defense, negotiations, settlements, rulings, and advice of outside legal counsel are expensed as incurred. Employment Agreements Effective February 28, 2024, the Company entered into the Employment Agreement with Gregory Lambrecht, the Company’s Chief Executive Officer (the “ CEO Agreement Effective May 28, 2024, Gregory Lambrecht resigned as the Chief Executive Officer, Chief Financial Officer, and Chairman of the Board of the Company. Effective February 28, 2024, the Company entered into the Employment Agreement with Austen Lambrecht, the Company’s Vice President (the “ VP Agreement Effective May 28, 2024, the Board of Directors of the Company (with Austen Lambrecht abstaining) appointed Austen Lambrecht as Chief Executive Officer (Principal Executive Officer), Chief Financial Officer (Principal Financial and Accounting Officer), and Chairman of the Board of the Company. In February 2023, the Company entered into an employment agreement with Austen Lambrecht. The agreement provides that Austen Lambrecht would serve as Vice President for a term of three years at an annual salary of Eighty-Five Thousand Dollars ($85,000), with an incentive bonus and stock options as determined by the Board of Directors. The agreement automatically renews for additional six-month periods unless either party has provided written termination of this Agreement at least 90 days prior to the expiration of such term. The agreement also provides for compensation under certain severance and change of control circumstance of twelve months of salary and other bonus dollars that may be due. In May 2021, the Company entered into an employment agreement with Greg Lambrecht. The agreement provides that Mr. Lambrecht would serve as Chief Executive Officer Company for a term of three years at an annual salary of Two Hundred Fifty Thousand Dollars ($250,000), and an incentive bonus as determined by the Board of Directors. The agreement automatically renews for additional six-month periods unless either party has provided written termination of this Agreement at least 90 days prior to the expiration of such term.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 7 – SUBSEQUENT EVENTS Management of the Company has performed a review of all events and transactions occurring after September 30, 2024 for items that would require adjustment to or disclosure in the accompanying condensed financial statements. On November 1, 2024, the Company issued to Gregory Lambrecht, the Company’s former CEO and director, an Amended and Restated Promissory Note in the principal amount of $1,220,550 due to additional amounts loaned by Mr. Lambrecht. Subsequent to September 30, 2024, the Company issued an aggregate of 8,000,000 shares of its common stock upon conversion of 320,000 shares of Class A preferred stock; 2,003,109 shares of its common stock for a total purchase price of $25,245; and 6,672,666 shares of common stock upon conversion of convertible notes principal of $45,140, accrued interest of $4,800 and fees of $5,250.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	The accompanying unaudited condensed financial statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. The balance sheet at December 31, 2023 has been derived from the audited financial statements at that date. For further information, refer to the financial statements and footnotes thereto included in the Company’s annual financial statements for the year ended December 31, 2023 included in the Company’s Annual Report on Form 10-K filed with the SEC on April 17, 2024.
Use of Estimates	The preparation of the condensed financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements, and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results may differ from those estimates. Significant estimates in the accompanying financial statements include valuation of notes receivable, valuation of inventory valuation of derivative liabilities, valuation of stock-based costs, and valuation of deferred tax assets..
Reclassifications	The Company reclassified certain interest expenses of $31,527 and $36,569 from operating expenses to other expenses for the three and nine months ended September 30, 2023, to conform to the 2024 presentation. There was no net effect on the total expenses of such reclassification.
Cash	Cash consists of highly liquid investments with an original maturity of three months or less.
Accounts Receivable and Credit Policy	Trade receivables due from customers are uncollateralized customer obligations due under normal trade terms requiring payment within 30 days from the invoice date. Uncollectable accounts are charged to expense when the account is determined to be uncollectable. The allowance is provided based upon a review of the individual accounts outstanding, prior history of uncollectable accounts receivable and existing economic conditions. At September 30, 2024 and December 31, 2023, the allowance for doubtful accounts balance is $0.
Inventory	Inventories are valued at the lower of cost or net realizable value, and consisted primarily of finished hemp products. At each balance sheet date, the Company evaluates inventories for excess quantities, obsolescence, or shelf-life expiration. This evaluation includes analysis of historical sales levels by product, projections of future demand and the risk of technological or competitive obsolescence for products. To the extent that management determines there is excess or obsolete inventory or quantities with a shelf life that is too near its expiration for the Company to reasonably expect that it can sell those products prior to their expiration, the Company adjusts the carrying value of this inventory to the lower of cost or net realizable value. During the nine months ended September 30, 20204, the Company wrote off inventory in the amount of $72,853 which is included in operating expenses, since the Company will no longer be selling CBD products.
Derivative Liabilities	The Company has certain financial instruments that are derivatives or contain embedded derivatives. The Company evaluates all its financial instruments to determine if those contracts or any potential embedded components of those contracts qualify as derivatives to be separately accounted for in accordance with ASC 810-10-05-4 and 815-40. This accounting treatment requires that the carrying amount of any derivatives be recorded at fair value at issuance and marked-to-market at each balance sheet date. In the event that the fair value is recorded as a liability, as is the case with the Company, the change in the fair value during the period is recorded as either other income or expense. Upon conversion, exercise or repayment, the respective derivative liability is marked to fair value at the conversion, repayment or exercise date and then the related fair value amount is reclassified to other income or expense as part of gain or loss on extinguishment. When a convertible note that contains a bi-furcated derivative is converted, it is not considered to be a convertible note for accounting purposes. Therefore, the Company will recognize a gain or loss on the conversion as a debt extinguishment gain or loss based on the difference between the fair value of the shares issued and the book value of the debt converted.
Stock-Based Compensation	The Company accounts for stock-based compensation in accordance with ASC 718, “Compensation - Stock Compensation,” which requires all stock-based awards granted to employees, directors and non-employees to be measured at grant date fair value of the equity instrument issued and recognized as expense. Stock-based compensation expense is recognized on a straight-line basis over the requisite service period of the award, which is generally equivalent to the vesting period. The fair value of each stock option granted is estimated using the Black-Scholes option pricing model. The measurement date for the non-forfeitable awards to non-employees that vest immediately is the date the award is granted.
Revenue Recognition	The Company, which has adopted ASC 606 “Revenue from Contracts with Customers”,
Cost of Goods Sold and Selling, General and Administrative Expenses	Costs associated with the production and procurement of product are included in cost of goods sold, including shipping and handling costs such as inbound freight costs, purchasing, and receiving costs, inspection costs and other product procurement related charges. All other expenses are included in selling, general and administrative expenses, as the predominant expenses associated therewith are general and administrative in nature.
Net Loss Per Common Share	Basic loss per share data is computed using the weighted-average number of shares of common stock outstanding during the period. Diluted loss per share data is computed using the weighted-average number of common and dilutive common-equivalent shares outstanding during the period. Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and other common stock equivalents, computed using the treasury stock method, and are excluded from the calculation of weighted average dilutive common shares, to the extent they are issued and outstanding, because their effect would be anti-dilutive. The number of potentially dilutive shares excluded from the calculation of diluted earnings per share were 1,497,003,175 related to the Company’s Class A convertible preferred stock. These shares were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive. At September 30, 2024 and December 31, 2023, 87,600,557 and 58,582,469 shares of the Company’s common stock were outstanding, respectively. These share amounts are utilized for the calculation of basic and diluted earnings per share for years then ended.
Selling and Marketing	Selling and marketing costs are expensed as incurred and are reported under selling, general and administrative in the accompanying condensed statements of operations.
Fair Value Measurement	ASC Topic 820, “Fair Value Measurement”, requires that certain financial instruments be recognized at their fair values at our balance sheet dates. However, other financial instruments, such as debt obligations, are not required to be recognized at their fair values, but GAAP provides an option to elect fair value accounting for these instruments. GAAP requires the disclosure of the fair values of all financial instruments, regardless of whether they are recognized at their fair values or carrying amounts in our balance sheets. For financial instruments recognized at fair value, GAAP requires the disclosure of their fair values by type of instrument, along with other information, including changes in the fair values of certain financial instruments recognized in income or other comprehensive income. For financial instruments not recognized at fair value, the disclosure of their fair values is provided below under “Financial Instruments.” Nonfinancial assets, such as property, plant and equipment, and nonfinancial liabilities are recognized at their carrying amounts in the Company’s balance sheets. GAAP does not permit nonfinancial assets and liabilities to be remeasured at their fair values. However, GAAP requires the remeasurement of such assets and liabilities to their fair values upon the occurrence of certain events, such as the impairment of property, plant and equipment. In addition, if such an event occurs, GAAP requires the disclosure of the fair value of the asset or liability along with other information, including the gain or loss recognized in income in the period the remeasurement occurred. Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities; Level 2 - Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; or Level 3 - Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). The Company did not have any Level 1 or Level 2 assets and liabilities at September 30, 2024, or December 31, 2023. The Derivative liabilities are Level 3 fair value measurements. The following is a summary of activity of Level 3 liabilities for the period ended September 30, 2024: Balance - December 31, 2023 $ 193,026 Additions 123,280 Settlements (187,895 ) Change in fair value (41,859 ) Balance - September 30, 2024 $ 86,552 During 2024 and 2023, the Company issued note payable agreements which contain conversion provisions meeting the definition of a derivative liability which therefore require bifurcation. Further, pursuant to the Company’s contract ordering policy, equity linked instruments subsequently issued resulted in derivative liabilities. Settlements of derivative liabilities are the result of conversions or repayments of the underlying note payable agreements. The fair value of the bifurcated derivative related to the amounts converted or repaid are included in the (gain) loss on debt extinguishment in the accompanying condensed statement of operations. At September 30, 2024, and for the nine months then ended, the Company estimated the fair value of the conversion feature derivatives embedded in the notes payable and warrants based on assumptions used in the Cox-Ross-Rubinstein binomial pricing model using the following inputs: the price of the Company’s common stock ranging from $0.02 to $0.06; risk-free interest rates ranging from 3.90% to 5.41%; expected volatility of the Company’s common stock ranging from 101% to 140% based on the volatility of comparable publicly traded entities; and exercise prices ranging from $0.018 to $0.034; terms of three to nine months; and an expected probability of occurrence of note default of 10% At December 31, 2023, the Company estimated the fair value of the conversion feature derivatives embedded in the notes payable and warrants based on assumptions used in the Cox-Ross-Rubinstein binomial pricing model using the following inputs: the price of the Company’s common stock of $0.0285; risk-free interest rates ranging from 4.79% to 5.03%; expected volatility of the Company’s common stock ranging from 110% to 204% based on the volatility of comparable publicly traded entities; and exercise prices of $0.0182; and terms of eight to twelve months.
Segment reporting	The Company operates in a single business segment. As a result, the Company’s operations are a single reportable segment, which is consistent with the Company’s internal management reporting.
Income Taxes	In December 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which will require the Company to disclose specified additional information in its income tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. ASU 2023-09 will also require the Company to disaggregate its income taxes paid disclosure by federal, state and foreign taxes, with further disaggregation required for significant individual jurisdictions. The Company will adopt ASU 2023-09 in its fourth quarter of 2026. ASU 2023-09 allows for adoption using either a prospective or retrospective transition method.
Recent Accounting Pronouncements	The Company has considered the potential impact of recent accounting pronouncements and has not identified any that are expected to have a material impact on the financial statements.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of derivative liabilities fair value	Balance - December 31, 2023 $ 193,026 Additions 123,280 Settlements (187,895 ) Change in fair value (41,859 ) Balance - September 30, 2024 $ 86,552

DEBT (Tables)

DEBT (Tables)	9 Months Ended
	Sep. 30, 2024
DEBT
Schedule of convertible debt	September 30, 2024 December 31, 2023 Convertible notes $ 357,270 $ 204,488 Unamortized discounts (108,262 ) (153,402 ) Convertible notes, net $ 249,008 $ 51,086
Schedule of maturities of debt	2024 $ 110,206 2025 1,531,070 Total $ 1,641,276

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	9 Months Ended
	Sep. 30, 2024 USD ($)
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Beginning balance	$ 193,026
Additions	123,280
Settlements	(187,895)
Change in fair value	(41,859)
Beginning balance	$ 86,552

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Exercise prices				$ 0.0182
Allowance for doubtful accounts balance		$ 0		$ 0
Expected probability percentage		10
Inventory		$ 72,853
Interest expenses	$ (31,527)		$ (36,569)
Common stock, shares outstanding		87,600,557		58,582,469
Minimum [Member]
Exercise prices		$ 0.018
Expected volatility		101%		110%
Risk-free interest rate		3.90%		4.79%
Common stock share prices		$ 0.02		$ 0.0285
Maximum [Member]
Exercise prices		$ 0.034
Expected volatility		140%		204%
Risk-free interest rate		5.41%		5.03%
Common stock share prices		$ 0.06
Class A Convertible Preferred Stock [Member]
Potentially dilutive shares		1,497,003,175

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended
	Jun. 30, 2021	Sep. 30, 2024	Dec. 31, 2023
Note Payable to related party		$ 63,456	$ 63,456
Accrued interest payable		79,577
Asset Purchase Agreement [Member]
Note Payable to related party	$ 63,456
Interest rate	5%
Monthly installments	$ 1,902
Accrued interest payable		8,727	$ 6,346
Vice President [Member] | Series A Preferred Stock [Member]
Preferred stock value		$ 2,990,000
Preferred stock, issued		4,040,000
Vice President [Member] | Series B Preferred Stock [Member]
Preferred stock, issued		90

DEBT (Details)

DEBT (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
DEBT
Convertible notes	$ 357,270	$ 204,488
Unamortized discounts	(108,262)	(153,402)
Convertible notes, net	$ 249,008	$ 51,086

DEBT (Details 1)

DEBT (Details 1)	Sep. 30, 2024 USD ($)
DEBT
2024	$ 110,206
2025	1,531,070
Total	$ 1,641,276

DEBT (Details Narrative)

DEBT (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Note Payable to related party		$ 63,456		$ 63,456		$ 63,456
Issuance debt conversion features value				123,280
Additional debt discounts				$ 123,280
Description of conversion price				the conversion rate shall be 65% of the Market Price with the Market Price being defined as the lowest trading price of the Company's common stock over the 10 preceding trading days
Settlement of derivative liabilities		14,622		$ 14,622
Common stock shares amount		8,760		8,760		$ 5,858
Gain (loss) on debt extinguishment		$ 102,579	$ 0	$ 102,579	$ 0
Common stock shares issued		87,600,557		87,600,557		58,582,469
Accrued interest payable		$ 8,727		$ 8,727		$ 6,346
Amortized debt discount				292,470
Unamortized debt discount		108,262		108,262
Carrying value of unamortized debt discount		249,008		249,008
Accrued interest		52,884		52,884
Note Payable to Shareholder		1,220,550		1,220,550
Convertible Notes Payable [Member]
Settlement of derivative liabilities		173,273		173,273
Debt extinguishment gain				187,895
Conversion of debt				79,577
Fair value of common shares		164,893		164,893
Common stock shares amount		$ 85,316		85,316
Gain (loss) on debt extinguishment, settlemnet amount				187,895
Net loss on debt extinguishment				85,316
Gain (loss) on debt extinguishment				$ 102,579
Common stock shares issued		3,626,643		3,626,643
Minimum [Member]
Interest rate				8%
Maximum [Member]
Interest rate				13%
Asset Purchase Agreement [Member]
Note Payable to related party	$ 63,456
Interest rate	5%
Maturity term period	three-year
Monthly installments	$ 1,902
Chief Executive Officer [Member]
Increase in note payable to shareholder				$ 270,000
Related Party Transaction, Due Date				Mar. 15, 2025

CAPITAL STOCK (Details Narrativ

CAPITAL STOCK (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Common stock, par value	$ 0.0001	$ 0.0001
Preferred stock par value	$ 0.0001
Preferred stock, shares authorized	100,000,000
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common Stock, Voting Rights	The holders of common stock are entitled to one vote for each share held
Preferred Stock, Voting Rights	Each share of Class A preferred stock entitles the holder thereof to 50 votes on any matters requiring a shareholder vote of the Company
Common stock upon conversion of convertible notes	3,626,643
Common stock upon conversion of convertible notes amount	$ 164,893
Net loss on debt extinguishment	85,316
Accrued interest	$ 79,577
Common stock issued, shares	29,018,088
Common stock issued in payment, shares	900,000
Common stock issued in payment, value	$ 43,400
Common stock, net of offering costs	$ 12,125
Common shares sold	13,429,645
Purchase price of Common stock	$ 315,933
Preferred Stock, Conversion Basis	Each share of our Class A preferred stock is convertible into 25 shares of common stock at the option of the holder
Chief Executive Officer [Member]
Preferred Stock, Conversion Basis	shares was determined to be $2,990,000 based on an assumed conversion at a 25 common shares for 1 preferred share ratio
Share conversions, shares of Class A Preferred Stock	4,040,000
Undesignated Preferred Shares [Member]
Preferred stock, shares authorized	39,999,900	39,999,900
Preferred stock, shares outstanding	0	0
Class A Preferred Stock [Member]
Preferred stock, shares designated	60,000,000
Closing market price per share	$ 0.029
Share conversions, common shares	11,061,800
Share conversions, shares of Class A Preferred Stock	442,472
Class A Preferred Stock [Member] | Chief Executive Officer [Member]
Preferred stock, shares outstanding	59,880,127
Number of preferred stock shares held by CEO	15,958,767
Class A Preferred Stock [Member] | Board Of Directors Chairman
Preferred stock, shares outstanding	90
Class B Preferreds Stock [Member]
Super voting Preferred stock	100
Class A Preferred Stock One [Member]
Share conversions, common shares	11,061,800
Share conversions, shares of Class A Preferred Stock	442,472

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - Employment Agreement [Member] - USD ($)	1 Months Ended
	Feb. 28, 2024	Feb. 28, 2023	May 31, 2021
Chief Executive Officer [Member]
Annual salary	$ 250,000		$ 250,000
VP Agreement [Member]
Annual salary	$ 97,000	$ 85,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Nov. 01, 2024
Common stock shares issued during period	2,003,109
Conversion of shares into convertible notes	6,672,666
Conversion of convertible notes principal, amount	$ 25,245
Accrued interest	$ 52,884
Subsequent Event [Member] | Gregory Lambrecht [Member]
Principal amount of the convertible promissory note		$ 1,220,550
Class A Preferred Stock [Member]
Common stock shares issued during period	8,000,000
Series A preferred stock to be converted	320,000
Common Stocks [Member]
Conversion of convertible notes principal, amount	$ 45,140
Accrued interest	4,800
Fees	$ 5,250