Although, Dame Dash has found his name dropped in the middle of the beef brewing between Beanie Sigel and Jay-Z, he insists he does not have a problem with either rapper.

While talking to MTV News, Dame said: "I'm not teaching violence. No Beef! None of that. I don't have beef with nobody. I love Jay, I love Beans - what's the reason for beef?" Dame said. "That's stupid. What's the reason for beef? People die, people don't feel good - I want people to laugh. What's up, y'all?"

After hearing Beans hurl allegations at Jay, Roc-A-Fella, and himself, the entrepreneur says he was surprised.

He continued saying, "I was hurt for him, more or less, because I know that ain't him...Whatever (Beans) is going through where he's got to do that...I could understand where he may look at things and feel that way. I can see that. He's probably got a lot of people around him and nobody to really tell him what's going on."

Dash also refuted rumors that he is in financial straits. He is currently hard at work running his Black Roc Label, which will release its first album on November 27th. The album is from the Black Keys under the name Black Roc and will feature Jim Jones, RZA, Raekwon, Mos Def, Billy Danze, Pharaoh Monch, and others.

- By Sharniece Moore