Pure speculation here but since the company already did a PP in October and are set to have the 22 cents warrants accelerated and things look great for the share price to keep climbing...I think someone is getting greased here that will be of major help down the road. Imagine if Bieber said: I will sign with Mobio but I know what will happen to the share price after I sign so I want a block of shares before I sign. This makes complete sense and it could be a number of big players, Bieber just being the obvious choice because of what his name would bring to Mobio and because he already invested $1.1M in another company.

What I have heard is there is a "slate" of names that will all be released at the same time near the launch. They obviously have been talking to many potential "influencers" so it would make sense that some of them would want a piece of this before it takes off.

I usually hate PPs, especially below market price but I do believe this PP is going to be bringing more value than the dilution. Any dip here will be very short lived IMO because of the TA and the attention brought to LXV due to Danny Deadlock and his front page promo piece on SH.

The next few weeks should be very exciting.

@glorieux19