timeman Senior Member

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Location: Long Island, New York

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Real Name: Jerry

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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3 Lastest Threads by timeman

Thread Forum Last Poster Replies Views Last Post

What's Going On? Speedway Elite Issues Forum jackson 26 693 06-24-2010

02:26 AM

"Swiss Movt" Now On Invicta Dials General Invicta Watch Discussions GeorgeTheWatchGuy 13 300 06-19-2010

07:45 PM

Invicta 7266 Men's Leviathan Swiss Chronograph w/... Hot Deal Heads Up! timeman 4 287 06-17-2010

07:41 PM

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#2

Today, 03:33 AM

CHRONOKEN Senior Member

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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..

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#3

Today, 04:14 AM

curiousgeorge Senior Member

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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.

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#4

Today, 07:35 AM

buddy2 Senior Member

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This wait isn't making the situation any better.

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#5

Today, 08:06 AM

Spring Lake Bob Senior Member

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Join Date: Jul 2009 Posts: 210

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.

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#6

Today, 08:52 AM

WatchYaThink Senior Member

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Real Name: Larry

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

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#7

Today, 08:56 AM

nycruza Senior Member

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Location: Las Vegas Posts: 1,413

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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!"

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#8

Today, 09:00 AM

curiousgeorge Senior Member

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A.J. logic and patience has never got anyone, anywhere before has it?

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#9

Today, 09:06 AM

WatchYaThink Senior Member

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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

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#10

Today, 09:11 AM

arcata1946 Senior Member

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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.

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#11

Today, 09:16 AM

knapplink Senior Member Senior Geek

Join Date: May 2008

Posts: 131

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".

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#12

Today, 09:32 AM

My Watch Senior Member

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We want everything yesterday or the day before

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#13

Today, 10:01 AM

knapplink Senior Member

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Join Date: May 2008 Posts: 131

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.

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#14

Today, 10:37 AM

kless13 Member

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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!

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#15

Today, 10:42 AM

SeaVulture Senior Member

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Thank You, A.J.

It's important to keep an optimistic perspective, here.

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http://watchgeeks.net/showthread.php?t=90044

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#16

Today, 10:44 AM

strutn45 Senior Member

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Join Date: Mar 2009 Location: "Da Swamp" LA.

Posts: 9,226

Real Name: John "WHO DAT"

With what?

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"WHO DAT"

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#17

Today, 10:46 AM

kless13 Member

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Location: Southern CA

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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.

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#18

Today, 10:52 AM

Gary J Senior Member

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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.

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#19

Today, 11:09 AM

Bahoomba Senior Member

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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!

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#20

Today, 11:20 AM

WatchYaThink Senior Member

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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

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#21

Today, 11:52 AM

Neil Senior Member Senior Geek

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Location: Northern New Jersey

Posts: 347 Real Name: Neil

Right on A.J.!!

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#22

Today, 11:56 AM

Spring Lake Bob Senior Member

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Posts: 210

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.

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#23

Today, 12:00 PM

Neil Senior Member

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Real Name: 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.

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#24

Today, 12:02 PM

Time Bandit Senior Member

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Quote:

Originally Posted by Gary J

Patience is a virtue.

Silence is Golden

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#25

Today, 12:03 PM

waswell Senior Member

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Location: Kansas City, MO

Posts: 633

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.

Spring Lake Bob Senior Member

Senior Geek

Join Date: Jul 2009

Posts: 210

Quote:

Originally Posted by Gary J

Patience is a virtue.

Quote:

Originally Posted by Time Bandit

Silence is Golden

Round and round we go!

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#27

Today, 01:29 PM

jackson Senior Member

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Join Date: Jan 2010 Posts: 163

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.

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