<div>Roommates, it may have been all fun and games when Ray J announced some of his newest ventures as a business man, but it looks like Ray is going to have the last laugh!</div>
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<div>Ray&#8217;s Scoot-E-Bike brand, first introduced in early 2018, has been reportedly sold to a Canadian company called LOOPShare. The 7-figure deal left Ray with a whopping 19 million shares in the company and a spot as a consultant in the business.</div>
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<div>But, the shmoney doesn&#8217;t stop there. LOOPShare, which is already trading at 3 cents, is now up to 11 cents&#8211;a 300% increase in just two days.</div>
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<div>The collaboration of LOOPShare and Scoot-E-Bike is certainly a great force in the automobile and ride sharing industry. Big cities are reportedly cutting down on the use of cars because of the idea of micro-mobility.</div>
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<div>Research shows that millennials who feel strongly about cleaner and more efficient ways of travel are turning to e-bike and e-scooters are their preferred method. This puts ride-sharing companies in a compromising position.</div>
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<div>The idea of e-bikes and e-scooters replacing cars in big cities is simpler than you might think. It&#8217;s all about being on the right side of the market. Right now, the market is calling for more affordable and efficient transportation and a great reduction in traffic congestion and parking issues.</div>
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<div>Brad Robbins President of PureBlockchainWealth.com, says that micro-mobility is not just a new trend and it won&#8217;t be going anywhere anytime soon.</div>
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<div>&#8220;Micro-mobility is here to stay: that&#8217;s bad news for the flagging car industry,&#8221; Robbins said in a statement. &#8220;But it&#8217;s terrific news for anyone seeking better, cleaner, more efficient, and affordable modes of transportation.&#8221;</div>
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<div>Fortunately for Ray-J, he has landed on the right side of the trade. His association with LOOPshare will provide great credibility to millennials and others interested in hopping on the micro-mobility wave.</div>
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