No offense, but you're clearly not good at math.
-50,000 * $0.17 = +$8,500
-50,000 * $0.16 = +$8,000
-51,040 * $0.14 = +$6,992
-20,000 * $0.14 = +$2,800
$8,500+$8,000+$6,992+$2,800=$26,292: this is the gain he made from selling shares.
+500,000 * $0.075 = -$37,500 : this is what he paid for buying the shares in the first place (exercising the warrants at the predetermined strike price of $.075)
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-$37,500+$26,292 = -$11,208: this is what he lost on the whole transaction block (but he now has 330k more shares).
I literally cannot explain this more clearly and frankly will not explain this again.
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