Ray J continues to make money moves with his Scoot-E-Bike company. His Raytroniks Corporation reportedly signed a deal with LoopShare, which had Ray J make about $34 million from the deal alone and over $18 million common shares in LOOPShare.
LoopShare is a ride-sharing company that focuses on sustainable transportation for urban communities. This deal is expected to take ScootEbikes to the next level, when it’s officially released in 2020.
With Ray J’s company using such innovative technology, the gross potential for the next two years is that of over $2 billion.