Well, there is significant amount of research done to build methodologies for carbon credit certifications,
Yes, bringing the technology to forest is in our plans. We certainly, want to use available technology to map out the area and get as much as possible data.
You are telling me that the results of the significant amount of research that you said are promises. You cannot expect serious investments without providing data.
It is assumed that you have land and you will cultivate it and then sell carbon credits. If your company’s registration number does not provide details about the company and prove that you own the piece of land, what is the benefit of it?
We are working with auditors that have quite sophisticated software to calculate carbon credit amount for the next 40 years. It is a forecast yes, as no one can predict what will happen in the nature, there may be hot and dry summer, trees can grow worse or there may be years of really good weather conditions and trees will grow better then expected. It's also a matter of good forest maintenance as planting trees is just one step and we partner with experts in forestry to ensure healthy forest growth and professional maintenance. So investor can focus on growing investment portfolio and wealth while we take care of the forest.
All the data on the investment offering specifically is provided in investment memorandum which legal document tied to the offering and available only for registered investors on the platform. Investment memo also has all the information on 3rd party evaluation of property and information on the ownership of the land. The reason for making the document available only for registered investors is due to legal factors as we hold private placements and not public offering.
In terms of registration number here is the link to our company in official Latvian government Business register website
https://www.ur.gov.lv/en/legal-entity/?id=40203494875 And thanks for the video you posted previously, we are actively looking for good technology and tools to collect data from forests.