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EB Holdings II, Inc. Comments on Litigation Filed by the GoldenTree Group

DALLAS–(BUSINESS WIRE)–EB Holdings II, Inc., a Nevada corporation, reports the following information in connection with its EUR 600m PIK Loan Agreement: On August 26, 2016, in Las Vegas, the GoldenTree Group filed a lawsuit in Nevada State Court making numerous, unfounded accusations against EB Holdings II, Inc., Howard M. Meyers, Albert P. Lospinoso, Eco-Bat Technologies Limited, Quexco Inc. and RSR Corporation. On November 29, 2016, Eco-Bat Technologies Limited, Quexco Inc. and RSR Corporat