Cambridge, Massachusetts (PRWEB) September 30, 2011
Thomas Guerriero, the CEO of WMX Group, Inc. (WEX on the Frankfurt Stock Exchange), parent company of The World Mercantile Exchange, sees a growing demand for coffee around the world. Due to this increased demand, prices are at all time highs. The London based International Coffee Organization is quoted by saying "Consumption of coffee is rising, particularly in grower nations and in emerging markets. The demand for coffee beans cannot be met". Thomas Guerriero believes this viewpoint can be challenged by introducing new small to mid sized producers of coffee around the world. Up until now there has been really no way for these farmers to enter into the global trade of coffee.
The World Mercantile Exchange will be the platform for these smaller growers and emerging markets to enter into this market and fulfill this global demand. In the past, coffee prices has increased due to how long it takes for the larger growers to expand their production, climate changes, and an increased demand due to the steady increase in our global population. With three to four years to grow a new coffee tree and the extraordinary demand around the world, if something is not done one can expect coffee prices to soar around the world indefinitely. With new problems there needs to be new answers and The World Mercantile Exchange many feel is the answer.
About the CEO of WMX Group, Inc, Thomas Guerriero
As the Founder and CEO of WMX Group (WEX on the Frankfurt Stock Exchange), Thomas Anthony Guerriero located his offices in Harvard Square in Cambridge, Massachusetts, across the street from where he attended graduate school at Harvard University. The ethnic and intellectual diversity in Harvard Square is unmatched anywhere in the world. The excitement and support we have felt from the community has been remarkable. Guerriero brings with him over 13 years of experience in the financial sector, where he led three organizations to increased profitability during his tenure as CEO, leading all three companies to be acquired at a premium. Thomas Anthony Guerriero was instrumental in the growth of the retail division of First Union, contributing to the successful merger between First Union (FTU: NYSE) and Wachovia (WB: NYSE), which was the largest banking merger in US banking history. In early 2011 he became an owner of a professional basketball team, with the Springfield Armor in the NBA D League (The NJ Nets affiliate).
WMX Group, Inc. Portfolio of Companies
The World Mercantile Exchange - has created the safest and most secure proprietary trading platform for the buying and selling of real agricultural products across the globe, allowing members to achieve revenue growth through globalization without massive upfront investment.
WEX Sports, LLC At WEX Sports, we have an ownership interest in several professional teams but we are not stopping there. With each day we move one step closer to our dream - becoming the majority owner of our teams from around the world. Whether NBA, NFL, MLB, FIFA, NRL, or any professional sports team we are constantly looking for unique opportunities to get involved at the ownership level.
The Harvard Think Tank, Inc. WMX recently acquired The Harvard Think Tank, a firm located in Harvard Square, to provide funding to the most elite start up companies in the US. The goal with The Harvard Think Tank is to give people a platform where they can pitch their game-changing idea to those involved with the Think Tank, and if the team likes the pitch, they can provide financing, advice, and assistance in building the venture, like an incubator for new ventures. As a result, The Harvard Think Tank has become the Company's venture capital arm.
For additional Information:
Email info(at)wmxgroup(dot)com or visit http://www.wmxgroup.com
About WMX Group, Inc.
WMX Group, Inc. is a conglomerate holding company which has a vested interest, overseas and manages several subsidiary companies from around the world. The company faces a very stimulating global environment and tremendous growth opportunities. WMX has in the past taken positions in both publicly quoted stocks, but more recently has turned to buying majority interest or whole companies. They now own an interest whether wholly or part, in a diverse range of companies giving them a broad diversification across a plethora of industries. WMX Group, Inc. is an ISO Certified Company who is a member of: The Agricultural & Applied Economics Association, Canadian Agricultural Economics Society, The International Association of Agricultural Economists, International Food and Agribusiness Management Association, Food Distribution Research Society, and The Cambridge Chamber of Commerce.
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