OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics

 
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OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
Tran, Vietnam -
          in a road acident
               at age 12

2020
OUTLOOK
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
TABLE OF
          CONTENTS
                                               Men, Vietnam- hit
                                               by a motorbike at
                                                     age 13

     1. Introduction - p. 3

     2. Summary of Goals - p. 4

     3. Expanding our Scope of Impact - p. 5

     4. Expanding our Team - p. 9

     5. New Domestic Relationships - p. 10

     6. Development - p. 11

     7. Programs & Events - p. 12

     8. Establishing a Board - p. 13

02                                              PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
1. INTRODUCTION

                                       Our Mission
        Penta is a 501(c)(3) non-profit organization that seeks to bridge the gap
     between the enormous need for prosthetic care in developing countries and
       the high volume of prosthetic devices that go to waste every year in the
       United States. We at Penta believe that mobility is a right, and so are the
     opportunities for work, education, family, and success that come with it. With
       this principle in mind, we have developed an innovative and sustainable
       solution to the gap that currently exists between need and waste. Penta
       collects discarded and unused, yet still functional, prosthetic limbs from
        clinics and individuals in the U.S., and repurposes them at low costs for
      amputees in developing countries who do not have access to or the means
       for prosthetic care. In doing so, Penta provides high-quality devices to a
      population that would otherwise be unable to afford even the myriad low-
                              cost options available to them.

                                        Year Ahead
       Penta began with Yale and Brown undergraduate students stuffing prosthetic
     limbs in their suitcases and bringing them to Vietnam in search of doctors able to
          repurpose them for amputees in need. Although we now send them in
     inventoried freight shipments instead of our suitcases, our team’s spirit and drive
      to achieve Penta’s goal of restoring mobility to amputees with no path forward
       has only grown stronger. Penta’s mission is the same, but our ability to create
      change and give people back their lives is not. Penta is now working with more
     partners in more countries, providing mobility to an increasing number of people.
       Our significantly larger infrastructure and support network helps us drive the
      organization forward faster and tackle more challenging obstacles. It is with this
     understanding of our greater ability to do good that Penta’s team looks forward to
       the year ahead, strategically assessing where and how we will accomplish our
                                            goals.

03                                                        PENTA MEDICAL RECYCLING | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
2. SUMMARY OF GOALS

      Expanding our Scope of Impact: Penta’s team wants to continue
      to grow our operation abroad to reach new countries, new parts
      of the world, and new communities of people in need. In doing so,
      Penta’s team will explore more ways of restoring mobility - not
      just to amputees!

      Expanding our Team: As our operation continues to expand,
      Penta’s team has identified the positions we need to fill to keep
      this ship sailing smoothly!

      Building New Relationships: Penta’s success relies entirely on its
      relationships at home and abroad. Whether they donate limbs,
      distribute limbs and provide care to amputees, or provide
      financial and operational support directly to us, we are seeking
      new partners everywhere.

      Development: Penta has gone above and beyond its fundraising
      goals for 2019, and we plan to do the same again in 2020!

      Establishing New Programs: We will raise awareness, provide
      more opportunities for volunteer engagement, and find new ways
      of collaborating with various communities, including veterans,
      healthcare professionals, prosthetic industry leaders, social
      entrepreneurs, and others that can contribute to Penta's impact.

      Building Penta’s Board: A board is key to the momentum,
      success, and guidance of any organization. Penta has thus far
      been steered by its founders, and we are now seeking individuals
      to grow our board and help grow Penta.

04                                              PENTA MEDICAL RECYCLING | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
3. EXPANDING OUR SCOPE OF IMPACT

     Penta is currently delivering prosthetic components to amputees in
       Vietnam, Thailand, Sri Lanka, Pakistan, Guatemala, and Ecuador
        through various reliable international partners. Penta sought to
      reach five countries in 2019 and we hope to surpass our goals once
          again in 2020. While expansion is important, Penta's team is
      conscious of the need to do so in an effective and planned manner.
      We have identified 3 methods of expanding our operation abroad
     that allow Penta's reach to grow in a sensible way, providing for new
       communities and improving our ability to help ones in which we
       already work. Through this expansion, Penta intends to fit 1,000
                    more people with prostheses this year.

     Penta intends to expand our scope of impact in three ways:

     A) New partners in the countries in which we are already
     established

     B) Working in new and neighboring countries in those
     same regions

     C) Bringing the
     valuable resource
     that is Penta’s
     operation to
     entirely new
     parts of the
     world

05                                            PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
A. New Partners in Current Countries

      In 2020, Penta would like to establish partnerships with at least two organizations providing
     prosthetic care in each of our six current countries of operation. We wish to expand where we
        are already established so that more communities in each country can receive access to
       devices provided by Penta. Penta is already two-thirds of the way into achieving this goal,
                  with only Thailand and Ecuador lacking a secondary partner facility.

          Vietnam - Penta already works with two organizations in Vietnam: the Young
          Physicians Association, a government subsidiary providing prosthetic limbs to many
          rural parts of Vietnam, and Bệnh Viện Chỉnh Hình Và Phục Hồi Chức Năng TPHCM
          (Hospital Orthopedics and Rehabilitation HCMC), the largest orthopedic hospital in
          the country.

          Thailand - Penta is proud to be working with the Sirindhorn School of Orthotics and
          Prosthetics is pursuing another partner in Thailand that can provide care to rural
          communities without access to medical facilities.

          Sri Lanka - Penta's two partners in Sri Lanka are the Colombo Friend-in-Need Society,
          based in the capital in the southwest of the country, and the Jaffna Jaipur Centre for
          Disability Rehabilitation in the north (Jaffna). Penta would like to establish
          relationships with more than two organizations in Sri Lanka to test our ability to
          connect various partners to each other. As a smaller country, Sri Lanka is a great
          testing ground and we will be able to determine how much more we can reduce
          waste and increase the chances that patients receive a specific component that they
          need. Penta is thus in discussion with the Colombo Outer Lions Club to bring
          prostheses to Sri Lankan amputees in Kandy, in the center of the country, Trincomalee
          on the eastern coast, and Battaramulla, a suburb outside of Colombo.

          Pakistan - Penta is working with the Pakistan Institute of Prosthetic and Orthotic
          Sciences and the Fauji Foundation, two large organizations with government
          subsidization and a wide reach in the country. We intend to strengthen these
          relationships instead of looking for more partners within this country.

          Guatemala - Penta works with two international organizations that provide prosthetic
          limbs to the limb loss community in Guatemala: the Florida O&P Outreach Team
          (FOOT) and the Range of Motion Project (ROMP).

         Ecuador - Currently, Penta works with one organization, ROMP, that provides
         prosthetic limbs to the region. Penta will identify another organization to work with
         this year to which we can provide limbs to those in need.

06                                                          PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
B. New Countries in Current Regions

     As Penta grows, it makes sense strategically to work in as many countries in a
     region as possible, allowing us to make sure that nobody is left out and to find
      more efficient shipping networks and methods. Penta has identified or is in
      discussion with a number of potential partners to begin achieving this goal.

     Southeast Asia - Penta first began operating in Southeast Asia and is now
     providing limbs to two countries in that region. Penta's team has identified
     Cambodia and Laos as logical next steps for the region, as they border with
     and connect Vietnam and Thailand, where Penta is currently operating. Within
     these, Penta is considering working with Exceed, the Persons with Disabilities
     Foundation, and the Cooperative Orthotic and Prosthetic Enterprise as
     adequate and respectable organizations that can help deliver prostheses to
     these countries.

     South Asia - Penta is not yet in the largest country in this region, a country that
     is a region in and of itself: India. Penta’s goal is to establish relationships with
     4+ partners in India this year, but will be taking a calculated approach in
     expanding there due to the large population in need. Penta has already
     identified a number of viable partners and will be continuing to develop our
     relationships with them in 2020. These include: the Lifeline Express, a train
     providing medical care to rural parts of the country, the Christian Medical
     College - Vellore, and the Madhavrao Scindia Hospital in Kerala.

07                                                    PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
C. New Regions of the World

          Tens of millions of people around the world are in need of what
        Penta provides. Although we cannot help everyone, Penta's team is
        committed to spreading our operation to every corner of the world
        that needs us. Throughout our development, Penta has repeatedly
          received requests from individual amputees across the African
        continent for prostheses, and we are aware of their desperate need.
        However, without a facility or prosthetist to refer them to, Penta has
         been unable to help these individuals and address their desperate
                 need for affordable care and mobility... until now!

     West and North Africa: We are very happy to have accomplished the first
     steps in establishing a relationship with the Organisation Africaine pour le
     Développement des Centres pour Personnes Handicappées (OADCPH).
     The OADCPH, Penta's first partner in Africa, is based in Togo but supports
     member facilities in 33 countries across the continent. Although Penta
     cannot currently provide limbs to all of these facilities, we are working with
     the OADCPH to develop a coherent growth strategy within West and
     North Africa.
                                                             Penta is also in
                                                             discussion with the
                                                             National Hospital of
                                                             Niamey in Niger and a
                                                             number of nonprofits
                                                             and NGOs based in
                                                             Ghana to begin
                                                             operations.

08                                                 PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
OUTLOOK 2020 - Tran, Vietnam - in a road acident at age 12 - Penta Prosthetics
4. EXPANDING OUR TEAM

     With a small team, many tasks that we accomplish within our organization are a
     joint effort. Certain tasks currently performed by our executive director, chief
     operating officer, and chief strategy officer should be broken out for new
     positions as the operation grows. Considering our 2020 goals, Penta’s logistical
     programs, fundraising needs, media and content management, and other
     facets of our operation will face increasing strains and the need for more
     specific and tailored supervision. Penta’s team thus anticipates the need for
     positions overseeing these specific functions, both part-time and full-time.

       Development Officer - We have had enormous success in fundraising this
       past year. We would like to continue that success and devote a full-time
       position to managing this vital part of the organization.

       Warehouse Manager - We have a high need for support in inventorying,
       disassembling, and packaging prostheses for shipments overseas, a time-
       consuming but core part of what does Penta does. We will be creating a new
       volunteer program to provide extra hands for these duties, but are also
       seeking a part-time warehouse supervisor.

       Social Media and Content Manager - Establishing Penta as a brand in the US
       amputee community is important to building our collection network for
       limbs, as well as generally becoming a well-recognized international
       organization. Penta has identified the need for a part-time social media and
       content manager to help achieve this.

       Program Leads/Ambassadors in certain countries - As our operation grows in
       each country to which we deliver limbs, we need more help on the ground
       organizing the delivery of shipments, customs processing, and
       communications with partners. Penta will be establishing volunteer
       representatives and an "Ambassador" program to help manage these
       operations overseas.

09                                                 PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
5. BUILDING NEW RELATIONSHIPS

     Currently, Penta works with dozens of
     facilities and companies to collect used,
     and sometimes unused, prostheses and
     prosthetic equipment. Our major donors
     include Hanger Clinic, Trulife, and Knit-Rite,
     as well as many smaller, local and regional
     organizations. Penta relies on these
     organizations, as well as the goodwill
     of individual amputees, to deliver mobility abroad and are enormously
     grateful for their support. Penta's team will build new domestic
     relationships in 2020 to continue to raise our collection rate.

     Individual Donors: Penta's team intends to increase our reach to the valuable
     individuals in the amputee community who contribute their used limbs - very
     personal and intimate items - to pass their own mobility on to those in need. Penta
     will be working with more local support groups to do this.

     P & O Clinics: Penta's team will continue to build and strengthen our existing
     relationships with prosthetic and orthotic services clinics on a national, regional, and
     local scale, as well as finding new facilities of this type to contribute their valuable
     stockpiles. Clinics are an excellent resource for Penta, acting as hubs and drop-off
     points for individuals seeking to donate their used limbs.

     Manufacturers: We will also strive to work with prosthetic limb manufacturers who
     can help us provide a consistent stream for donated prostheses. Many manufacturers
     receive returns in near-perfect condition but throw them away into what they call
     "boneyards." We have identified Proteor, College Park Ind., Ottobock, and Ossur as
     groups with enormous stockpiles of this entirely useable yet discarded inventory.

     Manufacturers of non-
     hardware components,
     such as socks and liners,
     are also targets of ours in
     2020. Penta will pursue
     Willow Wood and Alps to
     supplement the
     donations we currently
     receive from Knit-Rite.
10                                                        PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
6. DEVELOPMENT

     Penta has a long-term goal to raise $1 million by 2022 and has raised over
        $150,000 in the past 6 months. Penta's team intends to raise at least
     another $300,000 this year, capitalizing on our newly gained experience,
      increased resources, and already strong support to help us achieve that
          goal. Penta will raise these funds through a number of channels.

     Grants: Penta will continue to pursue support from granting institutions
     that are passionate about our cause and want to bolster our ability to
     create change. We have only scratched the surface in finding institutional
     backing and will be requesting a higher level of support this year.

     Private Donations: Individuals who believe in giving the gift of mobility
     through Penta are essential to our mission. Penta's team will source more
     major donations from individuals this year, as well as setting Penta up on
     crowdfunding platforms as we try to reach a larger audience.

     Events: Penta will use the community engagement events that we host
     in 2020 to provide additional fundraising opportunities. We will organize
     raffles, auctions, sponsorships, and other fundraising opportunities to
     supplement our income at these events.

     Corporate Sponsorships: Penta will also be pursuing longer term
     sponsorship relationships with companies that have an interest in
     advancing our program. This includes those in the US and international
     P&O or healthcare industries who may or may not already donate
     components, those operating or beginning operations in the countries in
     which we are active, and companies that already provide operational
     support to Penta, amongst others.

11                                              PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
7. PROGRAMS, VOLUNTEERING, & EVENTS

     Educational Programs: Penta will be restarting its educational volunteer programs
     abroad in 2020. These provide students in our countries of operation with the
     opportunity to engage with our patients and to learn about healthcare, orthopedics,
     disability, and social entrepreneurship. As we have done in the past with huge
     success, Penta will include a pitch-off in these programs where students can develop
     their own innovative ways of helping others. In addition, Penta plans to organize its
     first medical education trip, sending committed prosthetists abroad to teach the
     professionals at our partner organizations advanced techniques and how to fit the
     more complex mechanisms to which they are not always accustomed.

     Disassembly Days: Penta wants to provide more volunteer opportunities in the US.
     One way that we will do this is to host Disassembly Days, where we gather volunteer
     groups to help dismantle, sort, and package the limbs that we are sending abroad.

     Community Engagement
     Events: Penta will be
     hosting more events in
     2020 that provide
                                         Save the Date!
     opportunities for              On Saturday, April 18 Penta will be hosting Amped for
     community engagement               Mobility alongside AMP1, a stand-up amputee
     and brand building. These      basketball team that inspires those facing disability to
     will be focused around              get active! The event will feature a basketball
     various sports and                tournament, clinics on stand-up and wheelchair
     activities that reflect what
                                          basketball, education on the cause Penta is
     amputees are capable of,
                                      championing, surprise celebrity appearances, and
     especially with their
                                                            more!
     prosthetics. Get ready for
     basketball, rock-climbing,
     dancing, performance art
     and more with Penta!

12                                                          PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
9. ESTABLISHING A BOARD

     Early in 2020, Penta will put together a 5-7 member Board of Directors reflecting the needs of
     the organization and the cross-section of topics at which it sits. Penta is pursuing
     professionals in the healthcare, prosthetics, non-profit, environmental, and startup sectors to
     provide guidance, support, and oversight. In addition, Penta's team is seeking individuals who
     have suffered from limb-loss or are heavily involved in the limb-loss community. Currently,
     Henry Iseman leads the organization as Chairman of the Board, with co-founders, Trang and
     Victor as Vice-Chairs.

              Follow us to see our progress!
     Add Penta on the following platforms to keep track of our operations, learn
          about the lives we change, and find ways for you to get involved.

     facebook.com/penta.medical.recycling   instagram.com/penta.medical.recycling          twitter.com/PentaRecycling

13                                                                        PENTA MEDICAL RECYCLING CORP. | STRATEGY REPORT 2020
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