(COVID19 - Activity suspended)
Planet Impact is an ambitious project, a new concept to save our world from destruction, connecting people's prosperity with the planet's prosperity.
We launched our business in October 2019 with the aim of saving land in the Amazon.
During the February corporate event held in Milan, Dr. Elia Ponti, the President of Earth Alliance Foundation said: "We never thought that donating money safely to save the world would be so complex and difficult".
This made it more difficult to launch our project as planned, but despite everything, we managed to send to Earth Alliance Foundation 40% of the turnover registered since October 1st.
Finally, in March, the Earth Alliance foundation managed to close an agreement with Rainforest Trust, probably one of the world's largest organizations in support of the planet.
Around 1000 acres of land (more than 400 Hectares) have been saved by exceeding the expectations placed since the beginning.
HERE TO DOWNLOAD there is the certificate issued by Rainforest Trust. With this donation, Rainforest Trust will buy in the coming weeks land within the Dracula Reserve project of which we attach HERE TO DOWNLOAD the technical prospect.
Rainforest Trust expects to be able to give the coordinates of the land within the next few weeks, at which point Earth Alliance Foundation will release the APP provided with the certificates we are waiting for.
Since the launch in November, Planet Impact could demonstrate, even in a startup situation, that it has all the potential to be a winning business model.
Unfortunately, all of us are feeling the effects of the Corona Virus worldwide, an impact never is seen before since the great depression of 1929.
This is causing restrictive measures like travel restrictions, enormous difficulties in the operational management of any project especially in the countries where Planet Impact and its partner Earth Alliance Foundation operate.
In addition to these difficulties in managing complex projects such as ours, we also witness a complete shift of people's focus from the environment to their personal situation.
The focus and the connected sales of our affiliates have therefore slowed down, and we understand it. This causes continual losses in Planet Impact's balance sheet as unfortunately fixed costs to continue to exist whether there are sales or not.
To preserve our business, we have to make the following decisions:
1) Planet Impact will put activities on standby throughout 2020. At this time we are unable to cover the fixed business costs and we have no short-term forecasts that can show us changes between now and the end of the year.
2) All the work done until now is safe, all our affiliates have been regularly paid with their commissions, our academy is fully functional and 40% of the turnover has been correctly sent to our partner Earth Alliance Foundation in Switzerland.
3) From 1 May 2020, the Planet Impact shop will be suspended, the academy and the services already purchased such as travel vouchers will continue to be functional.
4) The commission payout for sales recorded in April will take place on May 15 and will be the last before stand by. We kindly ask you to request payout for your balances, after May 15th such balances if not withdrawn will remain frozen until the reopening.
It is our goal to relaunch this project in a better strategic period when there will be a restart of the world society.
We are extremely convinced that the rebuilding of our society will lead to safeguard the environment and only in that context it will be strategic for us to relaunch Planet Impact.
We thank those who really worked committed to this project.
We hope you are all well and see you soon to rebuild a better world together.
PLANET IMPACT TEAM
Adrian Smuski - CEO
April, 25 - 2020