Damon DashBeanie Sigel's current vendetta against Jay-Z has extended to include Roc-A-Fella co-founder Damon Dash.

The beef expanded when Beanie phoned into Philadelphia's Power 99 station with 50 Cent on Tuesday (November 3) to confirm his new deal with G-Unit Records. While throwing a few more words at Jay-Z, Beanie took a jab at Dash for some shady business dealings in the past.

"Him and the licensee who licensed Rocawear went behind my back and obtained the license to the company that was licensing PRO-Keds and stopped making the State Property PRO-Keds," Beanie said. "It was all geared towards Roc-A-Wear."

Dash, who has been running his own media production company, DD172, in downtown Manhattan, said that despite Beanie's accusations, he has no bad blood with him.

"I was surprised. I was hurt for him, more or less, because I know that ain't him," Dash told MTV News. "But I don't want to speak on that. Whatever [Beanie's] 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 explained that while things had changed since the reign of Roc-A-Fella, he still had love for his former associates, including Sigel.

"It was a different environment for Roc-A-Fella back then. I feel bad for those cats. I love those cats. I hate that they struggle," he said. "I hate it. I hate to see anybody struggle. I don't embrace that. I'm not one of those dudes that get happy when I hear something bad about somebody I had a bond with. I really loved those dudes."

And although gossip might suggest otherwise, Dame reiterated that he still respects Jay-Z and Beanie Sigel. "I love Jay, I love Beans -- what's the reason for beef?" he 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?"

Since his highly publicized bankruptcy earlier this year, Dash has remained hard at work on DD172, which houses an art gallery, two studios and a magazine. The first release from his label, Black Rock, will be the Black Keys' seventh set, also titled 'Black Roc.' The album is due November 27.