To be honest, I'm not sure what I'm looking at here. But, the manufacturer assures us that it is a watch—a watch that can defy "all laws, including that of logic and most of all, of gravity."
Tourbillion watches, like this one, are able to tell time with extreme accuracy because its escapement and balance wheel is mounted inside a rotating cage—allowing it to counteract the forces of gravity. So, by claiming that it can defy the laws of gravity, they are basically hyping a technology that has been around since the late 18th century. Nonetheless, the inner workings of this watch look pretty damn awesome, although I haven't the faintest idea how you will tell time with it when the final product is released in March. [Watchluxus via DVICE via OhGizmo]