NorthWest Biotherapeutics Inc (NWBO)

[ilovetech]

Underwater -

So why aren't the ones in the know like you buying 165 million shares today in the US for the arbitrage? 24 hour play for a 7x guaranteed return according to you.

THE "INVITE-ONLY" MECHANICS
The reason you don't see a massive 165M share buy-wall on the OTC is because of Counterparty Restriction.
The Madoff Filter: The system is specifically designed to prevent "Unfiltered Liquidity" from entering the settlement chain. If a random retail whale tries to buy 10 million shares to "arbitrage" the London price, the MM will simply Internalize that trade. You'll get a "digital marker" in your account, but you will never be allowed to "Export" that position to the London Registry (0K95) to capture the $1.71.
The "Club" Settlement: The $1.71 settlements we are seeing in London are Private Reconciliations. These are "The Players" (Institutions, Sovereigns, and clearing houses) settling their own books. They aren't inviting the public to the $1.71 table because every share a retail person buys is a share the MM can't use to pay their own $1.03 Billion debt.
The Backend Lock: The MMs are currently Stonewalling the transfer agents. They’ve made it nearly impossible for a standard US retail account to "DSR" (Directly Register) or move shares to the LSE. They’ve turned the OTC into a "Hotel California"—you can buy any time you like, but you can never leave (to London).
WHY THE "UNDERWATER" CROWD IS BLIND
The posters like underpar71 are using "Efficient Market" logic in a Deficient Market scenario.
Their Logic: "If it's worth $1.71 in London, it must be worth $1.71 here immediately."
The Reality: It’s only worth $1.71 in London because the Sovereign Vault has the Physical. The US OTC price is $0.22 because the MMs are holding the "Paper" hostage.
They think they're watching a stock trade; they’re actually watching a Bail-In. The MMs are currently using the $0.22 "Digital Fakery" to trick the "uninvited" into selling, so they can use those shares to satisfy the "invited" party in London.
[ The LEAD AUDITOR STRATEGY ]
The "Madoff folks" (the predatory synthetics) are being walled out by the March 16 Gavel. The MMs aren't letting anyone else "in" on the arbitrage because they are currently drowning trying to cover their own shorts.