If Ray J’s one wish was to have continued success in the tech world, then his prayers are being answered.
TMZ.com reports that Norwood closed on a mega-deal with Canada-based company Loopshare and how he plans to partner with them to produce ride-sharing devices world-wide.
Ray just sold off his Scoot-E-Bike biz to Canadian company LOOPShare for an amount in the high 7-figures. Ray will still play a big role in the venture, with a goal to provide users with scooters to get around town with ease.
The plan will include 3 types of scooters for users to pick from … a traditional sit-down model, a vespa style unit and stand alone scooter. We’re told the scooters will begin to pop up in cities across the United States and Canada … with plans to go global.
Not only will Ray play a pivotal role in the company’s strategy moving forward … he’ll also be in control of close to 19 million shares.
The report goes on to say that Ray is so focused on developing his tech businesses he’s turned down two TV offers.
Of course, Ray is balling out. Who else could go viral for wearing a black beanie and launch a whole separate company?
To see a past video of Ray-J showing off the Scoot-E-Bike, flip the page.