Dropping in on Hot 97 with Funkmaster Flex, Lloyd Banks spoke about his new ventures into ‘independant labeldom’. The G-Unit member was dropped by Interscope last year, but the success of ‘Beamer, Benz or Bentley’ it is rumoured the record label are wanting him back, though Lloyd may have other plans. Ah typical of record label idiots.

Check out the full interview below:

“[Interscope] still got time,” he told FunkMaster Flex. “They gotta drop the bag. I’m not staying nowhere longer than I got to…When I signed my first deal, I had a sweet deal. A million dollar advances and things like that.” Though his release from Interscope was unexpected, he said the best part of being independent is owning all aspects of his music. “You’re not taking none of my [publishing], none of my merchandise, none of my touring. You can’t get that. And I’m not making no commitment for a bunch of albums.”

Check out also the freestyle he provides:

As he mentions, Lloyd Banks next album, provisionally named “The Hunger For More Pt. 2″, is looking at a September release. Leave us your thoughts.