Forest Project 20260100 — 13.9%/an · 6 mois

Plateforme · 2.0/25

A1 · Statut réglementaire 1.0/8faible

FCMC regulation (Latvia) claimed and ECSPR compliance declared, but no registration verification obtained from FCMC or ESMA register
Without independent confirmation, application of minimal level: compliance declaration unverified

A2 · Track Record 0.0/6faible

No default rate, delay rate or realised return statistics published or verifiable
Penalty −2 pts for total absence of published data applied; base already at 0
Final score 0/6

A3 · Rigueur de sélection 0.0/4faible

No documented information on forest project selection process, no selection rate published, no credit committee identified in available sources

A4 · Santé financière 1.0/4faible

Platform financial data insufficient and not independently verifiable
Mention as potentially risky platform (argent-et-salaire.com, May 2026)
Platform operational but financial stability not confirmed

A5 · Protection investisseurs 0.0/3faible

ECSP/agrément AMF licence not confirmed: automatic minimum rule of 1 pt does not apply
No investor protection mechanism (segregation, secondary market, reflection period) documented or verifiable
Score 0/3

Projet · 7.0/75 (15.0 brut, red flags −8)

B1 · Instrument & Structure 3.0/10faible

B1.1: 2/5 - Instrument not specified, mentioned as 'loan', Latvian law poorly documented

B1.2: 1/3 - Direct borrower FF Forest, applicable Latvian law not formalized

B1.3: 0/2 - Repayment rank not documented, senior debt unknown

B2 · Opérateur & Track record 2.0/15faible

B2.1: 2/4 - Morgan Yvon Charles D. appointed, no verifiable public profile

B2.2: 0/5 - No documented experience in forestry/AGRI

B2.3: 0/3 - No history on platform

B2.4: 0/3 - Operator not traceable in accessible registers

B3 · Garanties & Sûretés 3.0/15faible

B3.1: 3/9 - Guarantee on forest land in Latvian commercial register claimed but rank and amount not specified; registration not verified

B3.2: 0/4 - Guarantor not financially evaluated

B3.3: 0/2 - No banking partner identified

B4 · Structure financière 1.0/15faible

B4.1: 0/5 - Loan-to-Value (ratio prêt/valeur actif) unknown, no asset valuation provided

B4.2: 0/4 - Equity contribution not documented

B4.3: 0/4 - No stress test, Loan-to-Value (ratio prêt/valeur actif) unknown

B4.4: 1/2 - Latvian agricultural market stable, no financial statements provided

B5 · Pré-commercialisation 1.0/10faible

No crop sale contract or revenue history provided
First documented cycle without portfolio data communicated
Score 1/10

B6 · Permis & Maturité 2.0/5faible

Forestry activity declared but Latvian legal status not confirmed; operating licences not documented
Legal structure partially verifiable via Latvian commercial register

B7 · Marché & Localisation 3.0/3✓ max

Latvian agricultural market stable with documented growth: crop +15.5% in 2024, agricultural GDP rising
Local demand for agricultural land sustained

Points forts

✓Latvian agricultural market in documented growth (+15.5% crop 2024).

✓Forest assets declared in Latvian commercial register.

✓Short duration (6 months) limiting temporal exposure.

✓Integrated business model including carbon credits and agricultural resale.

Risques identifiés

!FCMC/ECSP regulatory licence not independently confirmed - major platform risk.

!No performance statistics, default rate or published history.

!LTV and forest asset valuation entirely absent from file.

!Named director without verifiable public profile, sectoral experience not documented.

!Guarantee on forest land not verified as to rank, amount or actual registration.

⚠ Avertissement sur les risques

Investir en crowdfunding comporte un risque de perte partielle ou totale du capital, ainsi qu'un risque d'illiquidité. Selon le baromètre France FinTech / Forvis Mazars 2025, 25 à 30 % des projets accusent un retard de plus de 6 mois et 4 à 6 % entraînent une perte définitive. Ne placez jamais plus de 5 à 10 % de votre patrimoine en crowdfunding et diversifiez sur au moins 10 projets. CrowdPickr est un service d'information indépendant, non agréé en tant que conseiller en investissement. Les analyses présentées ne constituent pas un conseil en investissement personnalisé.