According to The Source, William Norwood Jr. aka Ray J has secured a deal with his bike-sharing company ScootEbike that is projected to make over $200 million in 2020.
Back in January, LOOPShare, a micro-mobility and ride-sharing company that focuses on sustainable urban transportation, announced that it entered into an Asset Purchase Agreement with Raytroniks Corp. to acquire the ‘Scoot-E’ brand. As a result, Ray J ended up walking away with about $34 million and over 18 million common shares in LOOPShare. The ScootEbike/LOOPshare scooters are expected to hit the market in early 2020, offering users the ability to use advanced telematics and digital dashboard services.
The 38-year-old R&B singer is the founder of Raytroniks, which creates products like electric bikes, smartphone fans, smartwatches, and the signature Scoot-E-Bike. He also owns and runs Raycon.
Ray J was reportedly in the process of making a business deal with Death Row Records founder, Marion “Suge” Knight. Suge is currently in prison serving time after he pleaded no contest to voluntary manslaughter in a fatal 2015 hit-and-run and he is currently in prison after reaching a plea deal for a 28-year sentence.
“I just heard about the article being released regarding that Ray J has all my rights television, movies, books, you know all that type of stuff,” said Knight during a phone interview from behind bars. “He don’t. Ray J is not just a friend of mine, that’s little brother, that’s family.”
Knight went on to say that the Love and Hip Hop: Hollywood star will be handling the music side of Death Row Records. “I respect Ray J and his business dealings, that’s why I choose him as one of the guys to deal with the music side of the future for as Death Row Records, anything to do Death Row and it’s great to have him cause he will be putting out this incredible album and I heard it before.”
nike air force 1 braun adidas high top white limited jim brown womens jersey cleveland browns 32 alternate orange nfl nike minnesota vikings 14 chuck foreman purple elite jersey mark sanchez jersey new york jets 6 women green game jersey nike nfl jersey sale nike vapormax crimson red billig
teamlive http://www.teamlive.net/
jordan 3 herre sort nike free run 3 academy sports all rosa jordans 2016 elite jabaal sheard youth jersey new england patriots 93 home navy blue nfl new balance 996 black out nike lunarglide 6 noir and jaune
carefactor http://www.carefactor.net/
elite ishmaaily kitchen womens jersey cleveland browns 67 road white nfl game jay novacek mens jersey dallas cowboys 84 home navy blue nfl air max tn 270 billig nike air max 90 mennns sko svart hvit 4050 sf new era cap billig nike air max infrarot
bikeclaim http://www.bikeclaim.net/
emerald jordan 11 low billig 2012 new nfl jerseys detroit lions 81 calvin johnson grey vapor elite jerseys limited ryan mundy mens jersey chicago bears 21 road white nfl free cookie monster knit hat pattern vector nike free og 14 cool grau elite gale sayers womens jersey chicago bears 40 home navy blue nfl
nowrelevant http://www.nowrelevant.net/
nike air max 90 ultra blanc gum mens tennessee titans 4 ryan succop white road nfl nike elite jersey 2014 new nfl jerseys san francisco 49ers 50 chris borland white elite jerseys chicago white sox hat giveaway review air jordan 6 retro nero mettuttiic argento low mens minnesota twins 22 miguel sano green salute to service jersey
sandmanagement http://www.sandmanagement.net/