Lil’ Kim is set to announce the creation of her watch line called Royalty. The watches will be distributed by Jacob the Jeweler and run from $1800 to $3500. According to Kim “We are also launching a ‘Lil Kim Cares’ organization where we are encouraging fans to send letters with requests and charities which they would like me to visit. In coming months, I plan to be involved with a number of charities, including causes for homeless and battered women, group homes and Runaway kids, all issues which have affected me personally in past years.”
Also on the Lil’ Kim front, her new boyfriend and producer Scott Storch just hooked her up with a nice little gift…a Bentley Continental GT. C’mon, it is only $150 g’s, he probably gets that for a beat these days…

Lastly, legendary Tribe producer Ali Shaheed Muhammad has inked worldwide deal for his Garden Seekers Productions through Penalty Recordings/Ryko. His solo debut “Shaheedullah & Stereotypes” is due to hit stores in October…