Elsewhere in this forum you will find posts from the owners that seem to contradict this claim. Please read the bottom post, compare the dates and then decide, truth or not? Denial in 2009 yet a claim in 2008 that Invicta was the sponsor or "underwriter" of the forum. And were taxes paid on this money?
04-03-2009, 09:02 PM meijin WatchGeeks Owner True WatchGeek Join Date: Feb 2008 Location: Atlanta, GA Posts: 10,002 Real Name: Michael
Concerning Invicta and their involvement here ________________________________________ Since, in another thread, Invicta and their role was brought up here due to people accessing incomplete and private communications amongst the owners, I'd like to address that directly in a separate thread.
This very topic is exactly what we were talking about with regards to taking things out of context.
Yes, at one point, we were looking at Invicta to be a paid advertiser as a means to cover the costs of the forum. With that said, let's put everything into context.
When we first set up WatchGeeks, we did so on a very inexpensive shared server using free software. So, costs were minimal. It became apparent to us very, very early on that this might not be the way to go if the forum had good growth. To move into comercial software and a dedicated server, the costs go up quite a bit. And, by quite a bit, I mean that the costs go into the thousands of dollars per year just for the server. If anyone doubts that, there are plenty of people here that operate in those realms that can verify this for you.
With that being said, we were looking for different ways of funding the site and a variety of things were looked at. They were, in no particular order:
#1. Partnering with Invicta. This was an obvious choice as Invicta came "on board" with us as a supporter before the forum went live.