That is a giant W.
Ray J is a businessman, and his perception has simply landed him one million greenback deal. In accordance with TMZ, Ray J bought his Scoot-E-Bike enterprise to Canadian firm LOOPShare for an quantity within the excessive 7-figures. That is one candy deal. Though he bought his enterprise, Ray J might be closely concerned within the firm shifting ahead. He’ll management near 19 million shares whereas nonetheless guiding the inventive path for the scooters’ development. The enterprise will kick f by producing three fashions the handy mode transportation. A conventional sit-down mannequin, a vespa type unit, and stand-alone scooter will increase Scoot-E-Bike, and make Ray J a really wealthy man.
The bikes will start to look in America and Canada, however the finish objective is to go world. The bikes restrict air air pollution, have a prime pace 20 mph, and a variety as much as 30 miles per cost. Ray J’s supervisor, David Weintraub, advised TMZ that Ray’s mission is to develop his tech enterprise. He has turned down a number of tv offers to pursue ventures such because the one with LOOPShare, and it paid f. Raycon, Ray J’s tech firm, is allegedly pulling in $2-Three million in gross sales each month.