Cash Money CEO addressed Lil Wayne’s upcoming jail stint, which will make him the third Hot Boy to be incarcerated, putting the group’s possible reunion on hold.

Young Money CEO Lil Wayne is facing up to a year in prison for a weapon violation in New York, while B.G. was arrested for possession of guns and drugs during a traffic stop in New Orleans last Tuesday (November 3).

“We got a hell of a plan and hell of a strategy,” Baby told Eric B. & Friends on AllHipHop Radio today (November 9).

“I promise you, you’ll think he [Lil Wayne] never left the streets. It ain’t much about the music at this point with my son, like fuck the music,” Baby said. “We got to go through something family wise, that the fans and nobody else will ever have to go through. This is the first time I will ever be without my child that means the world to me. This is where Blood stick together.”

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We posted Lil Wayne on the front cover of Billboard Magazine along with a preview of their interview last week… Now we have the full Lil Wayne interview with Billboard were Weezy speaks about his upcoming rock album Rebirth, Young Money, features, being on tour, Hot Boys reunion, Tha Carter 4, and more:

Lil Wayne always keeps it moving. That’s the one absolute you learn about the rapper after talking with him.

When Billboard caught up with Lil Wayne — real name Dwayne Michael Carter Jr. — it was a couple of days after he had finished a set of shows in London, Paris and Amsterdam — and a week before he pled guilty to attempted weapon possession for an incident that occurred in 2007. Having barnstormed his way through 68 stateside shows during his top-grossing I Am Music and America’s Most Wanted tours in 2008 and 2009, he deserved a few days off. Instead, the Miami-based rapper was busy completing his free “No Ceilings” mixtape — “A big thank you to fans for coming out and showing me love every single night” of the tours.

Several leaks from the Halloween release feature Wayne rapping over beats from Jay-Z’s “Run This Town” and Fabolous’ “Throw It in the Bag.” Slated for release just after the mixtape, on November 23, is the “Mr. Carter” EP, exclusive to Best Buy.

It’s all in anticipation of Wayne’s “Rebirth.” While his Universal Motown publicist didn’t respond to several requests for comment, another source at the label says that Wayne’s legal issues — the rapper faces a possible one-year sentence; his hearing takes place in February — will not impede the often-delayed album’s December 15 release. But one question looms: Can Lil Wayne keep it moving when it comes to maintaining his sales and touring success?

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In the video above, Birdman speaks about his appearance, Lil Wayne‘s jail sentence, and the Hot Boys re-union. He also says that the Hot Boys have done about 10 songs together which is not what Juve has been saying lately

Previous: Drake Reacts To Lil Wayne’s Jail Sentence | Rick Ross, Drama, Juelz Santana, Khaled, Jim Jones, Slim Thug & Toya Speak On Weezy’s Guilty Plea

We all heard Weezy‘s verse before, but Gucci Mane, Birdman, and Jadakiss all have new verses to make this the official remix to “Wasted“. Props to Rap Radar who also say this track will be on Gucci‘s album dropping December 8th. You can listen and download the record below:

Download: Gucci Mane – Wasted (Remix) (Feat Lil Wayne, Jadakiss & Birdman)

Also, Juvenile recently announced that if the Hot Boys do no make a reunion album, they will definitely be making a lot of songs together:

“I talk to Baby now and everything is okay,” Juve explained in an interview. “Everything is going really well. We plan on doing a Hot Boys album next year some time and if we don’t do it, I can definitely guarantee you that we’re definitely going to be making a lot of songs together.”

The Weinstein Company, the studio home of Lil Wayne and Bow Wow’s Post-Katrina basketball film Hurricane Season, has just announced their 2009 – 2010 film slate. Unfortunately for those involved in making Hurricane Season and those Wayne fans hoping to get a glimpse of him playing a punk high school kid, the movie has been dropped from the schedule…again. Many involved with the film were optimistic that it would get a proper release but due to major financial issues facing the Weinstein Company including recent layoffs, the film has been shelved indefinitely. In a recent interview with the Times Picayune – New Orleans, Hurricane Season producer Raymond Brothers still hopes for the best.

“We’re very grateful to the Weinstein Co. and (sister company) Dimension for making the movie in New Orleans — we spent $50 million in New Orleans. The movie tested extremely well, and we’re very hopeful that in a very short period of time we’ll come to some resolution about the release date.”

Considering the multi-million dollar budget, urban appeal with Lil Wayne and Bow Wow and major star appeal with Forest Whitaker, one hopes this movie will not get the dreaded straight-to-DVD treatment. Some Wayne fan out there needs to start a petition and get this movie in theaters.

Shouts to WoooHa, and this movie is turning out like Rebirth with the push backs

Also hit the jump to see Juvenile talk about the old days with the Hot Boys, and Weezer perform “Can’t Stop Partying” without Weezy:

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