3b, page-31

"Can't release a 3B until they know how many...and they don't know that till they know how many they have sold."

And once they know how many they sold, they calculate the proceeds, and the average sale price.
They then apply a 75% discount to the average sale price and round it down to the nearest half cent.
This becomes the placement price.
'They' net 25%, CVI get the rest, and everyone's happy.

'Hooroo chaps, see you all tomorrow at 9:00 am to plan the next placement'

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