Andiamo Corp. (ANDI)

[trader59]

Your math is hosed:

1% of a $24B market is $240M, not $480M
That would be $80M per year. You've forgotten to divide by 3.
If your P/S ratio is accepted as realistic(!), and if you ignore all the other factors that investors and investment firms use to determine value(those tied to earnings, profit, and current financial status), that would be a market cap of $800M.
Additional dilution has occurred, no question about it. Shares are likely north of 4B now.
So, in your hypothetical math, you'd land at $0.20 per share, not $0.80 per share.