I was doing more of an estimation...but if you take the 7B and add it to the 906,923,522 O/S currently you get 7,906,923,522.
Take the 3P valuation of 344,459,120 and divide it back into the total O/S after issuance...
=344,459,120 / 7,906,923,522 = $0.0435
This is on the right to the IP and project alone, not to mention what will come from this once its a viable working operation.