That's excessively optimistic. I would be content with much less than a penny, I've hardly done any work to make any money with this stock. The best case I could imagine would be a penny. Although I know SFIO and a couple other went as high as .07 before. So I'll compare those movements with what I see here.
I hope you're not serious about that price target. If you are, you might want to learn a little more about how stocks work. With a 1/5 RS, the O/S would be in the 700mill area. Even with that split RIGH would be lucky to see .001. And I can safely say, with a 1/5 RS like you said, RIGH will never see $1.60. Maybe at a 1/5000 RS there bud. That'd put the market cap at around 1 mill @ $1.60 with 700k shares in the O/S... that's still over valued though... funny.