Lloyd Banks cleared up the rumor that he was dropped from Interscope Records. He hasn’t been signed to the label since 2007, when he fulfilled his contractual requirements. He hasn’t decided what label his next album will be on, but 50 Cent will definitely have it under his umbrella. He’ll continue to drop mixtapes in the meantime “it’s like practice”.

Banks also says he’s going to be working with a lot of new artists as well as seasoned cats, like as Gucci Mane, Red Cafe (look for another “Hottest in the Hood” remix with Banks, Busta and Juelz) and a few other names you know.

“I’m just trying to get in there and mix magic and work with a lot of these artists I’ve appreciated over the years. I got a record in the works now with me, Juelz, Fabolous and Jadakiss called ‘Welcome to New York.’ I’m waiting to get the final touches on that. I’m a grown man now. Everybody gotta get their grown man on and get in to the studio and make magic.”