Unproduced: Tiger Ray
Pictured above is a promotional fold-out created by Hasbro in-house. It was apparently a concept of how to promote the 1989 G.I.Joe assortment - including the never released Tiger Ray.
The Tiger Ray was intended to be part of the 1989 Tiger Force assortment, but was never released. It would have been a Tiger Force repaint of the 1987 Cobra Sea Ray vehicle.
The other vehicles pictured were released in stores in 1989 - the Arctic Blast (left) and the Tiger Fish (upper right).
From the collection of: Steve Campbell