(AllHipHop News) As DJ Khaleds label We The Best Music continues to promote his album Victory across the country, his protégé Ace Hood is hard at work on his third album titled Mr. Hood. We are actually working on it, Ace told AllHipHop.com of the new album. I dont have an official date on this next album, I am truly just worried about the single more than anything. And the single I am dropping soon is with Trey Songz, its a crazy record.Although Ace remained quiet about the title of the song, he did mention that fellow Miami rapper Rick Ross will be featured on the album, in addition to a host of other artists he hopes to work with for the upcoming release on Def Jam.You know I am gonna put ‘The Boss’ [Rick Ross] on there. The record I am going to put ‘The Boss’ on is gonna be something glorious, that big J.U.S.T.I.C.E. League sound, Ace explained.I really wanted to step outside the box with this whole Mr. Hood situation. So right now I got Sean Garrett, but there are definitely a few people I would like to work with; Keri [Hilson], T.I., I wanna get Wayne on something, we could do something crazy, [I] definitely would like Jeezy on something, Ace Hood said.While his first two projects were not nearly as successful as many at Def Jam had anticipated, the 22-year-old MC has remained positive about his ability to reach audiences of all types, with new sounds and music he might not have been known to make in the past. When asked what separates this album from previous projects, Ace said that this next album is just a total flip of how I have been doing things.I wanted to take this whole Mr. Hood situation to a whole another level, really brand this Ace Hood/Mr. Hood situation, Ace Hood told AllHipHop.com Before I took it to the Gutta, and then I lived a Ruthless lifestyle, now is Mr. Hood, me living and learning, and knowing whats my crowd and whats my niche. Mr Hood is just more exquisite. Its an upgrade from everything else I have been doing. Mr. Hood meaning Ive been drinking finer wine, I am drinking more expensive drinks, I been getting more expensive jewelry, Im starting to shine a lot more. I overview the beaches, we suit and tying every now and again.Ace Hoods also plans to drop the No Pressure mixtape for fans prior to the release of his album.