An anonymous director reports

MOBIO COMPLETES RECAPITALIZATION OF TWENTY YEAR MEDIA

Mobio Technologies Inc. has completed a series of transactions with respect to the recapitalization of Twenty Year Media Inc. Twenty Year Media is a media and technology company developing advanced technologies for the entertainment and motion picture sector, as well as operating Emerging Pictures, an all-digital film and content distribution network based in the United States.

In connection with the transactions, TYM has assumed $252,500 in debt from Mobio, which was originally incurred by way of a secured convertible debenture, in the principal amount of $375,000, issued to NU2U Resources Corp.

Additionally, Mobio and TYM have also entered into an agreement whereby TYM will pay to Mobio a monthly payment of $5,000 for a period of 24 months, commencing February, 2016, and thereafter pay Mobio a monthly payment of $10,000 for an additional 12 months. Mobio is also entitled to receive a royalty of up to 3 per cent on TYM revenues, on a quarterly basis, for a period of four years.

Concurrently, the management team of Twenty Year Media and third party investors have acquired an equity interest in TYM, with Mobio retaining approximately 29 per cent of the issued and outstanding share capital of TYM.

Further, Mobio has been released from all obligations with respect to contingent consideration, which could have been payable to former shareholders of TYM pursuant to the terms of the share purchase agreements under which Mobio acquired TYM in September, 2015. All redemption agreements, which had been entered into between Mobio and TYM's remaining shareholders in September, 2015, have also been terminated.

We seek Safe Harbor.