|
The Purpose of this Website
The Internet is a wonderful place to find useful information. It's also a very
effective platform for spreading innuendo and intentional misinformation. The founders and managers of Rolltronics
Corporation, VoltaFlex Corporation and Seertech
Corporation have been on the
receiving end of such untrue and harmful statements. My name is Michael Sauvante, and I speak for myself, my colleagues and our companies.
We have no desire to do what has been done to us, therefore, although we have evidence of ulterior motives on the part of the individuals making these claims, we will not point fingers or specifically identify them. We just wish to set the record straight.
We were a high tech startup that ultimately failed, but not for lack of effort. Our company was well on its way to success. We succeeded in developing a revolutionary new display technology that could have changed many products in use today. We had working samples of that technology and many of the top scientists and engineers in the field expressed interested in it, as did several multinational firms.
The technology was called FASwitch (flexible array switch) and you can see information about it under the FASwitch Info tab, which includes pictures, videos of working samples and other information. This was real technology. It was designed to work with displays and devices that incorporate a display, such as the Amazon Kindle. In fact, our working prototypes were built using the same supplier (E Ink) that Amazon uses for making the black and white dots on the screen (see FASwitch info.)
Nonetheless, for
reasons that were never revealed, a small group of our
shareholders (less than 5% of the total number that invested and led by one individual)
proclaimed mismanagement and fraud. Their claims drove away financial backers, which assured the failure of the company. They then attributed the failure of the business to improper management practices, when the reality was that the company could not survive without money.
This group repeated a series of claims,
voicing their opinions to other shareholders, government
agencies, a bankruptcy judge and trustee, and Internet reporters.
These claims were fabrications, and the claimants never produced anything to support their claims.
Nonetheless, much harm can be done merely by making accusations, particularly in the absence of balancing
information.
This website is about providing the facts and thereby laying these claims to rest. Each
claim is easy to disprove, and we provide evidence to back that up. We invite anyone interested to read
the claims made and our
rebuttals to
each. Financial and other substantiating documentation will
be gladly provided to anyone who would like further proof.
What makes
these accusations all the more painful for us is that we had
wanted to set a new, higher standard for the way a corporation
behaves toward its employees, shareholders, customers and the
public at large. We attempted to
structure and run the company with a "triple bottom line"
philosophy. Triple bottom line means emphasizing people and
planet, as well as profits. We tried to be green and socially responsible well before it became fashionable to do
so.
Shareholders of
Rolltronics, VoltaFlex, Seertech, and any other interested
parties, are encouraged to read an Open Letter from Michael Sauvante, as
well as a short writeup on Ethics and Values in which Michael
talks about his personal value system and gives additional
perspective on the negative claims made against him.
Finally,
because many people automatically discount positive statements
if made about oneself, we have asked a few people - ones who
have known us intimately for many years - to share their
thoughts about us. You can find their opinions under the tab
called Letters.
|