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NORTH MERRICK, NY, August 10, 2020 /24-7PressRelease/ -- Provengo is a Government centric company. As an Ecommerce provider and Defense Contractor, we supply personal protective, operational and lifestyle gear targeting the United States Federal, State and Local Government entities and their employees.
Provengo operates in four market channels: Ecommerce Government Marketplace, Defense Contracting, Federal and Municipal procurement. Meeting the missions of their customers is accomplished by providing the products required in the timeframe specified.
The OCMX™ is pleased to announce the listing of Provengo to its online portal which offers Investors and Advisors the ability to participate in this opportunity.
The OCMX™ has spent considerable time completing its due diligence on Provengo and concluded that there is indeed a tremendous opportunity for Investors and Advisors.
The OCMX™ noted that Provengo exhibits the main components of any solid investment opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
1. Large Potential Market
Provengo's suppliers and vendors allow them to offer substantial discounts to current and retired Government Employees including Federal, State, Local, Military, Police and other First Responders. Provengo estimates the potential market to be well in excess of 30M eligible clients.
2. Accelerated Growth Rate
Ability to target existing clients (over 150,000 registered) with new products. Aggressive marketing strategy to target in excess of 30M eligible clients.
3. Proven Process/Methods
EDI integration with key vendors, targeted email campaigns with existing clients, regularly scheduled social media advertising campaigns and all of the metrics to measure effectiveness in place.
Chris Barbarino, President
With a BA from Marist in 1997, Chris has a diverse background in IT, Marketing and E-COMM before founding Provengo in 2004. As President of the company, Chris is responsible for formulating and directing the strategic vision. Chris oversees new business acquisition, key customer account maintenance, vendor management and sales channel growth.
Terry Steinberg, Executive Vice President
With an MBA in Finance from McGill University in 1979, Terry has served as Provengo's CFO and accounting officer since the company's founding. His responsibilities include system implementation, banking relationships, financial reporting, cash planning, and contract administration. Terry has been responsible for identifying and securing sources of cash and outside financing necessary to successfully implementing these contracts including vendor financing, bank lines and outside investors.
Dan Kelly, Ecommerce Operations Manager
With over 12 years of E-Commerce web development experience, Dan is responsible for the technical decisions as they relate to our e-commerce and marketing systems. Dan has been with Provengo since 2017 where he has focused primarily on the infrastructure and integrations with our magneto platform. Prior to Provengo, Dan worked at an E-Commerce Agency in NYC where he helped build over 30 E-commerce websites. He holds a BS in Computer Programming and Information System from SUNY Farmingdale.
ABOUT THE OCMX™
The OCMX™ is literally changing how companies and investment funds generate exposure in the marketplace and raise funds as we know it. The OCMX™ serves both public and private companies along with investment and mutual funds which need to raise additional funds or gain significant market exposure. It does this by way of connecting the relevant companies, funds, investors, and advisors all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia.
The OCMX™ connects investors and advisors directly with companies and investment funds seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
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