Bad Toys Holdings, Inc., Addresses Decline in Stock Value and Updates Mandatory Share Exchange.

KINGSPORT, Tenn. -- Bad Toys Holdings, Inc. (OTCBB:BTYH), President and CEO, Larry N. Lunan, states, "It is my opinion that the current decline in the Company's stock value has no correlation with the Company's progress. In fact, it is contrary to the Company's recent accomplishments."

On October 22, 2004, the Company filed pro-forma financial statements as of June 30, 2004 with the Securities and Exchange Commission (the "Commission") on Form 8-K illustrating the positive financial effect of the Company's acquisition of a majority interest in American Eagle Manufacturing Company, a Nevada corporation ("American Eagle"). As a result of this transaction, the Company's net assets increased from approximately $319,579 to approximately $1,751,159 as of June 30, 2004. In addition to the foregoing transaction, the Company recently acquired substantially all of the assets of American Eagle and sold its controlling interest in American Eagle to Intercommunity Financing Corp. The effect of these transactions will be reported shortly on the Company's quarterly report on Form 10-QSB for the period ended September 30, 2004, however, the Company anticipates its net assets will increase from approximately $ 1,751,159 pro-forma to an excess of $ 5,000,000 as of September 30, 2004, as a result of these transactions.

Additionally, as previously reported, the Company entered into non-binding letters of intent to acquire Gambler Motorcycle Company, a Tennessee corporation, as well as a new retail facility in Kingsport, Tennessee, which will serve as a model for future retail facilities of the Company. The Company believes it will be able to complete both of these transactions, and, if completed, the Company believes each will have a positive impact on the Company's future revenues and profits. It is Mr. Lunan's opinion that all of these transactions continue to add shareholder value and illustrate the Company's significant strides in increasing the stability of the Company.

Despite the Company's continued progress, during the last four months, the Company's stock price has experienced a significant decline. The Company believes this decline is a result of the Company's stock being sold "short." Although the Company's stock price declined moderately from a $1.92 on July 1, 2004 to $1.51 on August 12, 2004, it began an excessive decline on August 13, 2004. The Company believes this excessive decline coincided with its filing of an information statement on Schedule 14C with the Commission. The primary purpose of the Company's information statement was to disclose its impending name change and to commence a mandatory stock certificate exchange. The Company believed the mandatory stock certificate exchange would provide the Company with an opportunity to communicate with its shareholders and preclude other investors from selling the Company's stock "short."

On September 3, 2004, the mandatory stock certificate exchange became effective and the Company began trading under its new symbol, BTYH. The Company made arrangements with its transfer agent to expedite the stock certificate exchange and agreed to pay for the initial certificate exchange fee levied by the transfer agent to avoid inconveniencing its shareholders. The Company believes that if the broker/dealers had complied with the mandatory stock certificate exchange, the process would have been completed within 4 to 6 weeks; however, as of today, the stock certificate exchange has not been completed.

Last week the Company's stock hit a record low of $.32. During this time, the Company received telephone calls from numerous shareholders who have not received their stock certificates in connection with the mandatory stock certificate exchange. The Company also received telephone calls from certain shareholders who have not received stock certificates in connection with their purchase of the Company's stock. Upon information and belief, the Company believes certain broker/dealers have advised their clients that they can sell the Company's stock even though they have not received the Company's stock in certificate form. The Company believes this advice is incorrect. The Company also believes its stock price has been driven down intentionally to induce shareholders to sell their shares in an effort to shift the burden of selling "short" from the broker/dealers to the Company's shareholders. The Company continues to urge those shareholders who have not received their stock certificates to continue to contact their broker/dealers, the NASD, and the Commission. The Company sincerely appreciates its shareholders' patience and continued support during this difficult, but hopefully temporary, time.

About Bad Toys Holdings, Inc.

Bad Toys Holdings, Inc., is a Nevada corporation engaged in the business of manufacturing and selling custom V-Twin motorcycles, custom street rods, maintains a retail outlet, and provides brokerage service to custom, classic cars, and motorcycle owners.

For further information, contact Bad Toys Holdings, Inc., Larry N. Lunan, President and Chief Executive Officer, [phone] or Al Kau, Investor Relations in California at [phone]. Further information about the Company may be obtained on its website at www.badtoys.net.

Certain statements in this release and other written or oral statements made by or behalf of the company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance,, as well as management's expectations, beliefs, plans estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the company's services and projects and the company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the of such statements. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.