http://service.movadogroup.com/pages.cfm?pid=4CD4575A-AB5B-AB72-9CDA4CE49DDD9176
This is a link to the Movado Group service centers, they make ESQ watches. It appears your watch has had water seep inside the case. It could be the seals around the caseback or crown. Whether repair is worth it, is up to you. I have had Casio dive watches I have sent into repair because I liked them, not for the value of the watch. In general ESQ makes a nice watch and if you like it, why not see what repair would cost. However, if this is a moisture problem, more than just visible corrosion has probably occured and the movement could compromised, if that is the case the costs of repair might outweigh just purchasing another watch. Good luck and I hope you found this helpful,
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