EDIT BY THE TIG Moderators - Cristian came aboard and posted that the MOC is in fact legitmate. As the link below shows, some Lili Ledy's used a different bubble! We were very lucky that Cristian was told about the post! Below is his response, edited for content.
My name is Cristian Gauna I am Ledy collector and some of you know me very well
The figure is mine and is 100% original you can ask to Luis Galvez if you have any doubt . You may have never saw a Squid head with the same bubble.
Here is a link with other figures with same bubble