While Cam'ron is still missing, the capo is making moves.
Jim Jones spoke to Miss Info to announce a deal with Sony Records, here's what he said:

“I just left the lawyer’s office. I signed a multimillion dollar joint venture with Sony. My boss is Rick Rubin and Hip Hop (Kyambo Joshua) is doing my albums with me. What you think Jay-Z is gonna think about that?”
To describe the deal, he said "I got that joint venture, that 50/50 split, they don’t give those out anymore. That’s a Dame Dash, Ruff Ryders deal. And I’m bout to go crazy with it. I’m gonna be a problem.”

According to Miss Info, Jimmy is already working on his album, due in 2008.