August 03, 2006 @ 6:49 pm

Ray J Soon to Release First Group Under Own Label

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right “A lot of my jewelry is from Moesha. I spent all that money on jewelry. So all this jewelry is old. I don’t even buy it anymore. Now I invest the money in my bank on my own projects,” explained a very adult Ray J during an exclusive Vibe.com interview, when asked about his investing in his own music label, though the brand-new gleaming Marc Jacobs diamond necklace with a small-sized boxing glove dangling from it is a recent investment - representing Knockout - he made an exception for. Ray J is back in the studio producing for himself and is nearly ready to release TKO’s debut project, though no release date was announced during press time. Have a news tip? Email us.

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