Michael/Bruce, Ok, just talked to Eyal... He thinks that doing the raffle may looks as tacky as asking for donations. He offered up the 5 grand to cover the 2 year server contract. All he asks for in return is that he have a commitment for equal time (2 years) from us on exclusivity, and he would appreciate first right to refusal when the time is up. I stressed to him again that we are opening a Renato subforum, and again he was fine with that. So it is up to you two...... If we proceed, then Michael needs to contact Eyal with an overview of the contract, and the contact info so that his accounting department can issue a payment directly to them. __________________
#2 09-03-2008, 09:10 PM
meijin
Join Date: Feb 2008 Location: Atlanta, GA Posts: 8,197
WatchGeeks Owner True WatchGeek
Re: Ok, looks like Invicta is our official sponsor
Fundamentally, I don't have a problem with that as it looks as though Eyal is being reasonable... As to the contract...there isn't one....it is all done online and via my credit card...I don't have anything to
send them. And after looking at the website, I don't see any options for that. Is that going to be a problem? __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono
#3 09-03-2008, 09:11 PM Join Date: Feb 2008 Posts: 5,229
jskelton WatchGeeks Owner True WatchGeek
Just figure out a way that invicta can pay it directly for us. It's the only way that thier business accounting can write it off. __________________
#4 09-03-2008, 09:19 PM
meijin WatchGeeks Owner True WatchGeek
Join Date: Feb 2008 Location: Atlanta, GA Posts: 8,197
Re: Ok, looks like Invicta is our official sponsor
Well crap....I am going to have to look into that a bit more as I don't have any idea how to make that happen. I had assumed that they would pay me and I would pay it. I can always provide them with the receipt for it if they are concerned about the money getting to the point of paying for the server. Here is one concern I have... Is Eyal going to draw the line some place as far as what he is considering his ROI with us is? In case that is not making sense...he is providing a watch a month for WGOM and a watch at the end of the year for HSOW. Plus we are doing giveaways...so, between now and the end of the two years, we are looking at an absolute minimum of 30 watches for just those two contests and no other giveaways. Is there going to be an issue at some point? Or, if he decides he does not want to continue supporting these contests at some point, is he going to have a problem with us going to Renato or one of the other vendors? __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono
#5 09-03-2008, 09:24 PM Join Date: Feb 2008 Posts: 2,043
NAYTH WatchGeeks Owner Super Geek
Re: Ok, looks like Invicta is our official sponsor
First of all, I am almost relieved that Eyal has agreed to the deal. With his acceptance of the Renato sub-forum, he seems to be a lot more reasonable than I expected. The raffle would have been a little tacky no matter how we handled it.
GOOD WORK JIM!!! As to Michael's questions, well...they are GOOD ONES! Is Eyal going to be willing to continue the watch give-a-ways along with the funding? As far as arranging direct payment to the Host, I am sure they can work something out. I am free tonight so call if you like. Bruce __________________ Time is too precious to mark its passage on cheap watches!
#6 09-03-2008, 09:39 PM Join Date: Feb 2008 Posts: 5,229
jskelton WatchGeeks Owner True WatchGeek
I am on-air tonight, and napping pre-show. This added sponsorship has nothing to do with the contests or give aways. They continue, this is just added sponsorship on his part. He is not looking for any ROI, he considers the marketing that he gets as his return. __________________
#7 09-03-2008, 09:40 PM Join Date: Feb 2008 Posts: 5,229
jskelton WatchGeeks Owner True WatchGeek
If we're in agreement on this, then let me know so I can draft up a global announcement to be posted when the transaction is finalized. __________________
#8 09-03-2008, 09:45 PM Join Date: Feb 2008 Location: Atlanta, GA Posts: 8,197
meijin WatchGeeks Owner True WatchGeek
Re: Ok, looks like Invicta is our official sponsor
I don't have any issues with what Eyal has said. What are we looking to put out with the global announcement? __________________ Michael
Argument is meant to reveal the truth, not to create it. ~ Edward de Bono
#9 09-03-2008, 09:51 PM Join Date: Feb 2008 Posts: 5,229
jskelton WatchGeeks Owner True WatchGeek
Just that we moved to a dedicated server, server costs thousands per year for our specific requirements to avoid crashes, invicta offered to sponsor the forum... so now invicta OFFICIALLY is our sponsor in order to keep the site free for all members. We dont want to take donations, or make memberships, so invicta helps us keep it free... yada yada. __________________
#10 09-04-2008, 12:03 PM Join Date: Feb 2008 Posts: 2,043
NAYTH WatchGeeks Owner Super Geek
Re: Ok, looks like Invicta is our official sponsor
Go ahead and Post Jim. I have no problems with the deal as outlined so far. You can deal with Ovi when he starts up about why we didn't offer Renato the deal. Personally, I am a lot more comfortable with Eyal in this position. Bruce __________________ Time is too precious to mark its passage on cheap watches!