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Guthy-Renker was founded in November 1988 by Bill Guthy and Greg Renker. They met at the Indian Wells Racquet Club and Resort in Indian Wells, California. [2] [3] [4] They considered starting an infomercial company after an order was placed at Guthy's cassette duplication company, Cassette Productions Unlimited, for 50,000 copies of a real estate lecture to be sold through infomercials.
Greg Renker is best known for cofounding Guthy-Renker, a direct-marketing company. [7] [11] He met future business partner and cofounder of Guthy Renker, Bill Guthy, at the Indian Wells Racquet Club and Resort. Guthy's family had leased a vacation home at the resort that Renker's father was managing. [12]
OceanX is an ocean exploration initiative founded by Ray Dalio, founder of investment firm Bridgewater Associates, and his son, Mark Dalio. [1] OceanX utilizes a variety of methods [ 2 ] to engage in public awareness activities and promotion efforts for the oceans and marine conservation efforts. [ 3 ]
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Guthy-Renker LLC is a direct-response marketing company registered in El Segundo, California. Founded in November 1988 by Bill Guthy and Greg Renker, the company is known as "the Rolls-Royce" of the infomercial industry. [14] [15] As of 2012 its portfolio of products was making $1.8 billion a year. [16]
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The Ocean X diving group is a privately owned salvage operator not affiliated with the Swedish military. It previously found an American Boeing B-17 Flying Fortress in 1992, [4] and 2,400 bottles of 1907 champagne in 1994. [11] [12] The wreck was discovered by using an ROV (remote operated vehicle) called V8 Sii from Ocean Modules in Åtvidaberg.