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As just mentioned to someone else here (see the thread titled "Spritzer-Fuhrman brand"), the name on the dial is not always the name of a manufacturer.
A number of manufacturers made watches which were private labeled to be a store's own brand. So there may be no way to track down anything useful off the name.
A jeweler might recognize the movement as that of a specific maker. But other than that, if an Internet search does not find you anything, then there is little else to go on.
That name of RITEX definitely sounds like it was intended to resemble ROLEX... a trick used by the cheaper, not the better brands of watches.
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