I think the clock is showing the directions for the positions or locations of each mnemonic words as described beneath the clock, also take note of the NUMBER 12 of the clock, where the 12 is directly pointing at is where there is a STOP SIGN which the Letter O is circling the hand of the statue of liberty so we definitely have proof that this is a 12 seed phrase mnemonic but what we don't know is if it's an electrum wallet or a bip39 wallet because some words appearing in this picture is complying with the electrum seed phrases for example we have the "BREATHE" which is only an electrum wallet seed phrase and also we have the STOP which is an electrum wallet seed phrase. the only possibility is to find and see if the STOP sign is nothing but a caution and we can treat the "BREATHE" as an entropy. more clues are welcome though this is just an assumption based on my findings