With about 1.3 billion shares currently in-play that would value the E.S.S. acquisition at about $270,000,000 based on your assumption.
How much did AMBS pay for E.S.S.?
In any case the assumption that the company can acquire a previously discarded asset and the value then increases by 10 or 100 fold because Gerald and his team can magically unlock hidden value is a bit of a reach until it actually happens or doesn't.
p.s. Why not $1.00/share since there is no factual base for arriving at such a value. $5.00 share and the company could possibly avoid a 1:100 reverse split to up-list.