NEWS

Ray J signs $31 Million Dollar deal to launch RayCon “Electric Transportation Brand”

POSTED ON:
Nov 10 2017
 

According to Business Wire Ray J just inked a $31 Million Dollar deal with a company called Cowboy Wholesale. Cowboy Wholesale will launce Ray’s new Electric Transportation brand “RayCon”. If you watch Love and Hip Hop then it would make sense because Ray would be on the show religiously trying to find or break new brands. It seems RayCon will be his golden goose. The brand’s go to item will be the Scoot-E-Bike, is said to be the wave of the future.

TSR STAFF: Tanya P.! @tanyaxpayne ___________________________ #Roommates, #RayJ is doing big things! According to @BusinessWire, he just secured a $31 million deal with a distribution company called Cowboy Wholesale that will help launch his new electronic transportation brand “Raycon.” _________________________________ If you’ve watched #LHHH, you’ve seen Ray J introduce all kinds of side projects but this deal may be the one that catapults him into a new tax bracket! His electronic transportation line, which includes his Scoot-E-Bike, is said to be the wave of the future. _________________________________ In a statement Ray J said: “The world is moving towards renewable green energy, and electric transportation is a big part of that. With the Raycon movement, we are—read more at theshaderoom.com

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(Ray J closing the deal with Cowboy Wholesale)

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