Lil Wayne & Birdman Feud: Wayne Gives Birdman and Crew An Ultimatum

The rants between Lil Wanye and his 'Godfather' Birdman it's going down deep by the day with Lil Wayne treatining to dump Cash Money Records if Birdman fails to release his album sooon.

According to soucrse very close to both parties told Bloom Gist Wayne has issued an ultimatum, in writing, saying "release "Tha Carter V" pronto" or I will leave Cash Money Records

Another source told us that Wayne believes the album is ready to go but Birdman still says that there's still a whole lot of work to do.

Wayne and Birdman still aren't speaking to each other. We're told Wayne is only focused on the album. When and if that gets done, he'll worry about fixing the friendship ... if that's even possible now.