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Join Date: Mar 2008 Location: Long Island, New York Posts: 4,861 Real Name: Jerry

timeman Senior Member Master WatchGeek

What's Going On?

The Speedway Elite Issues forum was set up to ask questions and to obtain information about the Speedway Elite's problems. So far very little information has been released since this matter started. Jim and Mike have you spoken to Eyal on the Speedway Elite since he made his original post on this matter? What's going on? We're not hearing anything on this matter. Don't forget about us. __________________

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jackson

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timeman View Public Profile Send a private message to timeman Find all posts by timeman Add timeman to Your Contacts #2 Today, 03:33 AM Join Date: Aug 2008 Posts: 1,741

CHRONOKEN Senior Member Super Geek


No doubt it's in the hands of the Attorneys, and when all the I's are dotted, and T's are crossed, they will release some kind of statement to the public. All we can do at this point is wait, and see what develops. Ken.. CHRONOKEN View Public Profile Send a private message to CHRONOKEN Find all posts by CHRONOKEN Add CHRONOKEN to Your Contacts #3 Today, 04:14 AM

curiousgeorge Senior Member Super Geek

Join Date: Apr 2009 Location: Mpls Posts: 2,435 Real Name: George

Considering all said watches are being repaired, or money has been returned to the customers who actually bought one, the customers are being taken care of as we speak. As for their joint statement they will release it when they decide that they either know the complete story or agree on a story that works for both companies. Since these two companies may want to do business again with each other in the future be sure that they will want anything said to reflect well on them. So if you're looking for a day to day update, it probably isn't coming. What you think of Invicta's reputation may or may not matter to them. But DD is not going to let their reputation as a small movement design house get dragged through the mud by this issue. Either way the watches are being fixed. If you bought one you are being taken care of. curiousgeorge View Public Profile Send a private message to curiousgeorge Find all posts by curiousgeorge Add curiousgeorge to Your Contacts #4 Today, 07:35 AM

buddy2 Senior Member Senior Geek

This wait isn't making the situation any better. buddy2 View Public Profile Send a private message to buddy2 Find all posts by buddy2 Add buddy2 to Your Contacts #5 Today, 08:06 AM

Join Date: Oct 2008 Location: NE Wisconsin Posts: 229 Real Name: Jim


Join Date: Jul 2009 Posts: 210

Spring Lake Bob Senior Member Senior Geek

The Invicta Headache Checklist:         

Sell Speedways------------------ CHECK Apologize------------------------ CHECK Offer Repair Plan------------------CHECK Declare Modules Genuine----------CHECK Ignore "smart-aleck comments"----CHECK Appear Engaged------------------CHECK Promise Announcement-----------CHECK Announce nothing----------------CHECK Sell Other Watches---------------CHECK

Repeat as necessary until the headache goes away. Spring Lake Bob View Public Profile Send a private message to Spring Lake Bob Find all posts by Spring Lake Bob Add Spring Lake Bob to Your Contacts #6 Today, 08:52 AM

WatchYaThink

Join Date: Sep 2008 Location: Sunnyvale, CA Posts: 2,962 Real Name: Larry

Senior Member Master WatchGeek

Since it's almost been two weeks since Jim said that a statement was coming within a few days ..... you would think that they could at least give an update. The Speedway forum is looking more like a hardware store .... with all of those locks on display. __________________ "When the power of love overcomes the love of power, the world will know peace" - Jimi Hendrix WatchYaThink View Public Profile Send a private message to WatchYaThink Send email to WatchYaThink Find all posts by WatchYaThink Add WatchYaThink to Your Contacts


#7 Today, 08:56 AM

nycruza

Join Date: Jan 2009 Location: Las Vegas Posts: 1,413 Real Name: A.J.

Senior Member Super Geek

Personal Perspective If nothing else, what I HAVE learned from this Speedway incident is this: PATIENCE is not Americans (USA) strong suit. For whatever reason WE seem to expect IMMEDIATE results. Whether it is the economy, war, elections, plane crashes, unexplained acceleration, oil spills, hurricanes, driving in heavy traffic, whatever, as a Nation and as a culture we lack patience. Other cultures, look at these things in the LONG TERM. They are willing to "wait" years to reach the "end game". This same "philosophy" also drives many U.S. businesses and industries (short term goals compared with long term goals). Now don't get me wrong! I'm NOT saying we need to wait "years" for a resolution to the problem, BUT it has only been one month since JIM posted the "options" to having the Speedway "repaired" or "returned". All I'm saying is MAYBE we can learn a "LITTLE" something from other cultures (Asian comes to mind) in the area of patience, and maybe that's what the old saying is all about. "Good things come to those that wait" Or better yet and maybe more appropriate "A watched pot never boils!" __________________


SANIII on the Rocks with a Twist of Lemon nycruza View Public Profile Send a private message to nycruza Find all posts by nycruza Add nycruza to Your Contacts #8 Today, 09:00 AM

curiousgeorge Senior Member Super Geek

Join Date: Apr 2009 Location: Mpls Posts: 2,435 Real Name: George

A.J. logic and patience has never got anyone, anywhere before has it? curiousgeorge View Public Profile Send a private message to curiousgeorge Find all posts by curiousgeorge Add curiousgeorge to Your Contacts #9 Today, 09:06 AM

WatchYaThink

Join Date: Sep 2008 Location: Sunnyvale, CA Posts: 2,962 Real Name: Larry

Senior Member Master WatchGeek

You are absolutely right A.J. .... for most of us, the only problem that we have with "Instant Gratification" is that is just takes too darn long! On the other hand, there is the issue of doing what you say you will do. Now, if they said that a statement will be coming in 2 to 3 weeks .... that would be one thing .... but to say it


is coming in a few days, and then have two weeks of silence goes by with no word .... that just adds fuel to the speculation and makes it look like they don't really care about the fact that they are not doing what they promised. __________________ "When the power of love overcomes the love of power, the world will know peace" - Jimi Hendrix WatchYaThink View Public Profile Send a private message to WatchYaThink Send email to WatchYaThink Find all posts by WatchYaThink Add WatchYaThink to Your Contacts #10 Today, 09:11 AM

arcata1946 Senior Member Veteran Geek

Join Date: Mar 2009 Location: Northern California Posts: 854 Real Name: Mike

We as Americans always seem to expect simple solutions to very complex questions--and I am not necessarily talking about the watch question at hand. arcata1946 View Public Profile Send a private message to arcata1946 Find all posts by arcata1946 Add arcata1946 to Your Contacts #11 Today, 09:16 AM

knapplink Senior Member Senior Geek

Quote:

Originally Posted by Spring Lake Bob The Invicta Headache Checklist:         

Sell Speedways------------------ CHECK Apologize------------------------ CHECK Offer Repair Plan------------------CHECK Declare Modules Genuine----------CHECK Ignore "smart-aleck comments"----CHECK Appear Engaged------------------CHECK Promise Announcement-----------CHECK Announce nothing----------------CHECK Sell Other Watches---------------CHECK

Repeat as necessary until the headache goes away. Amen, and don't forget "delete posts". knapplink

Join Date: May 2008 Posts: 131


View Public Profile Find all posts by knapplink Add knapplink to Your Contacts #12 Today, 09:32 AM

My Watch

Join Date: Jan 2010 Location: NW Az Posts: 728 Real Name: Ken

Senior Member Veteran Geek

We want everything yesterday or the day before My Watch View Public Profile Send a private message to My Watch Send email to My Watch Find all posts by My Watch Add My Watch to Your Contacts #13 Today, 10:01 AM

knapplink

Join Date: May 2008 Posts: 131

Senior Member Senior Geek

I believe the problem is that an EXPECTATION was set and not met as opposed to Americans being impatient. Had we received and update that the announcement would be delayed, we wouldn't be reading this thread now. Setting the expectation and failing to deliver is the problem. knapplink View Public Profile Find all posts by knapplink Add knapplink to Your Contacts #14 Today, 10:37 AM

kless13 Member Member Geek

Join Date: Sep 2008 Location: Southern CA Posts: 78 Real Name: Ken

Quote:

Originally Posted by WatchYaThink You are absolutely right A.J. .... for most of us, the only problem that we have with "Instant Gratification" is that is just takes too darn long!


On the other hand, these is the issue of doing what you say you will do. Now, if they said that a statement will be coming in 2 to 3 weeks .... that would be one thing .... but to say it is coming in a few days, and then have two weeks of silence goes by with no word .... that just adds fuel to the speculation and makes it look like they don't really care about the fact that they are not doing what they promised. I agree with you totally! kless13 View Public Profile Send a private message to kless13 Find all posts by kless13 Add kless13 to Your Contacts #15 Today, 10:42 AM

SeaVulture

Join Date: Feb 2010 Location: San Antonio, Texas Posts: 1,940 Real Name: William

Senior Member Super Geek

Thank You, A.J. It's important to keep an optimistic perspective, here. __________________

Welcome to The Invicta Reserve SubAqua Venom Valgrange A07.211 Automatic WatchGeek Registry! http://watchgeeks.net/showthread.php?t=90044 SeaVulture View Public Profile Send a private message to SeaVulture Find all posts by SeaVulture Add SeaVulture to Your Contacts #16 Today, 10:44 AM


strutn45

Join Date: Mar 2009 Location: "Da Swamp" LA. Posts: 9,226 Real Name: John "WHO DAT"

Senior Member True WatchGeek

With what? __________________

"WHO DAT" strutn45 View Public Profile Send a private message to strutn45 Find all posts by strutn45 Add strutn45 to Your Contacts #17 Today, 10:46 AM

kless13 Member Member Geek

Join Date: Sep 2008 Location: Southern CA Posts: 78 Real Name: Ken

All that needed to have been said is that a statement will be coming in the future. And after the statement wasn't made after a few days as was suggested, another statement should have been made ssaying that the statement will be taking a bit longer than expected. Communication is utterly important and lack of it is irresponsible. kless13 View Public Profile Send a private message to kless13 Find all posts by kless13 Add kless13 to Your Contacts #18 Today, 10:52 AM


Join Date: Feb 2010 Location: Ga. Posts: 986 Real Name: Gary

Gary J Senior Member Veteran Geek

The wheels of justice move very slowly. Patience is a virtue. To give the benefit of the doubt is divine. Hopefully these issues will resolve soon. __________________

Wherever you go, no matter what the weather, always bring your own sunshine. Gary J View Public Profile Send a private message to Gary J Send email to Gary J Find all posts by Gary J Add Gary J to Your Contacts #19 Today, 11:09 AM

Bahoomba Senior Member Super Geek

Join Date: Jun 2009 Location: Winnipeg, Manitoba Posts: 1,445

Oh, I get it! That $1,000 of hard-earned money people spent only to have nothing in their hands, and now they want "instant gratification." How silly of them! Bahoomba View Public Profile Send a private message to Bahoomba Find all posts by Bahoomba Add Bahoomba to Your Contacts #20 Today, 11:20 AM


WatchYaThink

Join Date: Sep 2008 Location: Sunnyvale, CA Posts: 2,962 Real Name: Larry

Senior Member Master WatchGeek

Quote:

Originally Posted by Bahoomba Oh, I get it! That $1,000 of hard-earned money people spent only to have nothing in their hands, and now they want "instant gratification." How silly of them! You either spent $1000 and got a watch that works great, or got a watch that needs to be fixed THEN it will work great ..... nobody spent $1000 and now has nothing .... ??? __________________ "When the power of love overcomes the love of power, the world will know peace" - Jimi Hendrix WatchYaThink View Public Profile Send a private message to WatchYaThink Send email to WatchYaThink Find all posts by WatchYaThink Add WatchYaThink to Your Contacts #21 Today, 11:52 AM

Neil

Join Date: Mar 2008 Location: Northern New Jersey Posts: 347 Real Name: Neil

Senior Member Senior Geek

Right on A.J.!! Neil View Public Profile Send a private message to Neil Find all posts by Neil Add Neil to Your Contacts #22 Today, 11:56 AM Join Date: Jul 2009 Posts: 210

Spring Lake Bob Senior Member Senior Geek


Quote:

Originally Posted by WatchYaThink You either spent $1000 and got a watch that works great, or got a watch that needs to be fixed THEN it will work great ..... nobody spent $1000 and now has nothing .... ??? Nothing for 6-8 weeks! BTW, very few complaints with that wait because it was expected going in. Spring Lake Bob View Public Profile Send a private message to Spring Lake Bob Find all posts by Spring Lake Bob Add Spring Lake Bob to Your Contacts #23 Today, 12:00 PM

Neil

Join Date: Mar 2008 Location: Northern New Jersey Posts: 347 Real Name: Neil

Senior Member Senior Geek

I don't understand what all this flapping about a statement really means. If you bought the watch and it works properly, Great! If they are fixing a defective one, that's also great. So what is the problem? I don't understand all the anguished hand wringing over some irrelevant statement that has no impact on the final outcome. Neil View Public Profile Send a private message to Neil Find all posts by Neil Add Neil to Your Contacts #24 Today, 12:02 PM

Time Bandit Senior Member Veteran Geek

Quote:

Originally Posted by Gary J Patience is a virtue. Silence is Golden Time Bandit View Public Profile Send a private message to Time Bandit

Join Date: Apr 2008 Posts: 863


Send email to Time Bandit Find all posts by Time Bandit Add Time Bandit to Your Contacts #25 Today, 12:03 PM

waswell

Join Date: Aug 2009 Location: Kansas City, MO Posts: 633

Senior Member Veteran Geek

Quote:

Originally Posted by Neil I don't understand what all this flapping about a statement really means. If you bought the watch and it works properly, Great! If they are fixing a defective one, that's also great. So what is the problem? I don't understand all the anguished hand wringing over some irrelevant statement that has no impact on the final outcome. Simply put ............ because they (Invicta & ShopNBC) said they would. It was their idea about a statement not ours If you're going to promise something you need to follow through with it or keep quiet. Join Date: Jul 2009 Posts: 210

Spring Lake Bob Senior Member Senior Geek

Quote:

Originally Posted by Gary J Patience is a virtue. Quote:

Originally Posted by Time Bandit Silence is Golden Round and round we go! Spring Lake Bob View Public Profile Send a private message to Spring Lake Bob Find all posts by Spring Lake Bob Add Spring Lake Bob to Your Contacts #27 Today, 01:29 PM


jackson

Join Date: Jan 2010 Posts: 163

Senior Member Senior Geek

Per Mr. Becker, Dubois-Depraz supplies their products to virtually everyone within the Swiss watch industry. By this, presumably, Becker means Federation members. Now assuming Mr. Becker's statements on the Speedway debacle aren't being made up out of wholecloth, and I for one believe him implicitly when he alleges Dubois-Depraz was blindsided by this deplorable situation, why do so many here assume there was or will be a business relationship to protect between D-D and Invicta? Unless we assume Dubois-Depraz's reticence going forward on the unfounded accusations made about the integrity of their modules can be bought, what's in it for D-D to enter into any kind of dealings with a lightning rod for controversy like Invicta? Why would a Federation member take any step at all to rehabilitate a non-Federation member that has treated them so shabbily? Remember, Invicta's bluff has already been called. Despite all the guff we heard about base plate issues and loud conversations, Invicta was very quick to totally exonerate Dubois. So the equities are all one way, with D-D. One can imagine Dubois-Depraz leveraging a financial settlement out of Invicta for its tawdry behavior, but what one cannot imagine is Invicta extracting D-D's eternal silence on this scandal, let alone future purchase contracts for D-D modules, for any amount of additional consideration. Without a guarantee of silence from Dubois-Depraz, Invicta can't save face. I suggest this is why the long awaited bilateral accounting of the facts is so overdue, that is, if one is so rash as to believe that D-D committed themselves to any sort of "joint statement" in the first place. jackson View Public Profile Send a private message to jackson Find all posts by jackson Add jackson to Your Contacts Page 2 of 2 < 1 2


What's Going On Invicta....... No news yet from Eyal or JIm about the Speedway Dubois issue