This text is part of grub4dos. It's position is the 5th line down from the menu help text start position (tophelp set in MyE2B.cfg file).
e.g. if the .mnu file was
title TEST \n1\n2\n3\n4\n5\n6
pause
boot
The help text below the menu would be
1
2
3
4
The highlighted entry will be booted automatically in x seconds
So you always need to ensure that there a 5 clear lines directly below your menu.
Topic: Easy2Boot
Date 30/06/2014
By SteveSi
Subject Re: change text The highlighted entry will be booted automatically in %d seconds
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