The wall mount is an accessory for the MagBound time lock. The metal eyelet of the MagBound® is unscrewed and the wall mount is screwed on instead. Then the wall mount can be fixed to the wall or furniture using three sunk head screws.
Laying the cable under the Wall mount before screwing it tight, prevents the buckling of the cable and the potential unscrewing of the MagBound® while in use.
Examples of ist use can be seen here: https://odysee.com/@selfbondage-shop:d