You are not including the other monies they committed to invest as milestones are reached - They gained 35% by investing a total committed amount higher then the current market cap.
They valued the company at roughly 5 cents a share - How about that math!
SHARK TANK!!! This is similar to how venture capitalist fund early stage companies or companies with potentials. You take a HUGE % out of the firm with little money, in comparison to future revenue/worth.
SRSR is in a better place. We have a good deal but time will tell. No one will give you money for nothing in return, unless they are you parents, maybe.