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It was like a dream come true indeed and we were beyond excited. The 226 attendees of the 2nd Recyclix's Open Days in Zagan, Poland had the chance to follow comprehensive presentations, networking, and tours of our facilities that hopefully enlightened the participants even more about our business model and how much more we can grow together in the future.
We were also joined once more by Ms. Natalia Cudecka-Purinja from the Latvian Ministry of Environmental Protection who shared a very timely and crucial presentation on the immediate need for a new recycling mind-set and what resources are available for ecological efforts such as what Recyclix is pushing.
But of course we offered also an extensive social and cultural program. Our guests were treated to a palatial venue, a show of fire and light, hot air balloon adventures, a cavalry show, music and dancing, amazing food and plenty of drinks, warm hospitality, and true camaraderie among like-minded people.
We are also very proud to have offered live video streaming of all the events to make sure our members who were not able to come to Poland this time could also be a part of the whole experience from the comfort of their own homes. We will of course have a highlight reel available, as well as a selection of the best photos, on our social media page soon for everyone to enjoy.
Moving on, we would like to issue a clarification as some members have been interested in our collaboration with McDonald's Netherlands and unfortunately some confusion has arisen from an inaccurate translation of the original documentation. We are indeed proud to work with them through our partner company Plamika UAB, Lithuania, that has won the contract to process all of the waste materials. We on the other hand have collaborated with Plamika UAB, Lithuania to handle the plastic wastes as a subcontractor.
Recyclix is making sure that, hand in hand with our continued success and expansion, we are also in line with all regulatory and legal responsibilities as an international company. Our compliance to financial and corporate laws is of utmost importance to us to maintain our legitimacy and ensure the long-term sustainability and security of Recyclix as a business entity. Our first step is to create a Compliance Department, which will be headed by our Chief Compliance Officer Klaus Heusslein based at our Koblenz, Germany office.
We have already started implementing procedures, first of all to fulfill our responsibility to inform you that any appropriate taxes deriving from your Recyclix profits are to be reported as per your own country's specific taxation laws. Please consult with an authorized tax adviser in your country if you are not sure how this applies to you.
The security and integrity of our databases is also another important focus of our Compliance Department. In accordance with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations, we will now appoint an independent expert called Q-Gen to handle and manage our user identity validations. The validation process will remain the same and it will still be done through our user interface via selfie and document upload, so there is no added inconvenience to the users. In connection with this, we remind you once more that you should NOT under any circumstances use someone else's financial accounts (Paypal, bank account, credit card, etc.) to deposit or withdraw to your account. Please make sure to regularly review our terms as any flagrant violation will result into account suspensions or outright termination without recompense as we reserve the right to forfeit all account funds and donate them to worthy environmental causes that Recyclix is passionate about.
Our long-term vision is to make Recyclix a globally recognizable brand in recycling and we truly appreciate your efforts and enthusiasm in helping us reach this goal. Unfortunately, there was some misconception that Recyclix is just another Multi Level Marketing company, which we are definitely not. Our activities are solely about plastic recycling, and affiliate marketing is just an added bonus. To avoid confusion and to further solidify our brand as a recycling company, we will move away from the 4-level affiliate structure and simply give a 12% bonus for every deposit of a direct referral.
This change will not happen instantly but since it requires also some technical changes, we expect that the new system will be implemented by mid of October. Once the implantation has been concluded, affiliate links will no longer work, instead you should give your account ID to your prospective affiliates and they have to manually enter it on the sign up page as their sponsor. From that moment on, no second, third or fourth level commissions will be paid and no new affiliates in these levels will be added to your downline. Our terms of service will be amended accordingly over the next days.
To end on a very high note, we are also announcing that we are in the initial stages of negotiation for the purchase of a plastic waste processing facility in the beautiful resort-city of Bari on the Italian coast. A letter of intent has been signed and we will keep you posted of any new developments.
Our next newsletter will be an Interim Financial Report that will include important financial statistics and data that we are happy to share with our users, as well as upcoming plans for future international expansion. We hope that this will enhance transparency between us and further show our commitment to make Recyclix not only a global ambassador for the environment, but also the best financial platform available to serious investors.
And don't forget, you can always meet our team and hear more about our work personally by joining us on the next Recycling Expos we are sponsoring and taking part in. We will have our own stands at the Solids Basel Schuettgut trade show (Stand B12) on November 16-17 and at the Plastic Recycling Show in Amsterdam on March 29-30, 2017 (Stand D38).
Once again, we are overwhelmed with the responses we have received over the Open Days and we hope that we have exceeded your expectations. We thank all those who traveled far and wide to join us, and those who showed their support even without being there themselves.
We assure you that we will only work harder from here on out, and there can only be even greater things in store for Recyclix!
Around the world summer is thought to be a relaxed and slow season when nothing much happens and you can simply slow down with everything, get some rest, and enjoy the moment under the warm sunrays.
However, we at Recyclix prefer not to lose time and take advantage of every single day, working hard to make our company better for the sake of a cleaner and healthier world as well as your financial stability and personal growth.
This summer turned out to be the busiest, most successful, and most productive season ever since the establishment of our company. And though it’s still not over, it was full of work on helpful features and developments in our website, foundation of new recycling plants, and business trips where major deals were arranged. Today we would like to tell you about the progress we’ve made over the last month.
In our previous newsletters we told you a lot about our Open Days — which proved to be a real success and a highly efficient tool of getting the close-knit community of Recyclix together and brainstorming exciting business ideas — and mentioned about the next event of this kind where you are invited.
Currently we already have the exact dates for the Second Recyclix’s Open Days and it will be held from September 20 to September 23 in Poland. We will be waiting for all those of you who are interested in joining Recyclix team members and dozens of like-minded investors in numerous inspirational business discussions, enlightening Q&A sessions, guided tours, revealing the most ambitious plans that we will make a reality, and lots of fun.
The guests will be met on September 20 in Berlin, Germany, accommodated and transferred to the Polish city of Zagan, close to the German border, where the event will take place.
As soon as we receive the confirmation of rental of the castle where participants of the Second Official Recyclix’s Open Days will stay, we will publish a link to the website where you will be able to sign up for this event.
Please remember that costs associated with transportation to Berlin, Germany, are covered by the participants themselves and be sure to stay tuned for more details.
Now it’s time to pass on to the news about the business growth that Recyclix experienced over the last month. Waste recycling became a really important issue in Europe since the EU government signed laws that prohibit proliferation of landfills and seek to put burial and burning of plastic waste to an end by 2020.
Another crucially important thing that we would like to share with you today is the commencement of construction of a new massive waste processing plant in the Polish city of Łobez. In 12 months — when the construction works will be over and the plant will be up and running — it will produce over 2000 tons monthly of LDPE, PE and PP granules that will be used by dozens of European businesses to make high-quality and eco-friendly goods for thousands of people all around the world.
Investments in the new waste recycling plant amount to 15 million EUR, which is so far one of the largest investments of Recyclix and a huge leap ahead. This victory is both yours and ours and we are really grateful to all of you for staying with us and trusting us. We will keep you posted on all developments about this project in the next newsletters.
To conclude this newsletter, we would like to let you know that on 21st of July accounts that were received no deposits so far, were permanently closed. Newer accounts have 60 days within date of registration to be active through a personal deposit. This condition — which we announced on our May newsletter and via Facebook earlier and reflected on our terms was made in order to mainstream the workflow of Recyclix’s website and unload our database.
As a finishing touch, we invite all of you to join our official page on Facebook ( https://www.facebook.com/recyclix/ ) to keep up with the latest Recyclix’s updates, developments, and news as well as enjoy tons of exciting content about the world of recycling that will come out really soon.
Remember that working with Recyclix means having loyal support of thousands of people in the EU and around the world, live in harmony with the nature and the world, feel safe about your family and the next generations, and prosper financially. It is being who you really want to be.
One team, one dream. Simply Recyclix.
See you soon in Poland!
All the best,
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