Why is 4DS Memory up 19% this morning?

Interesting spike in ASX:4DS Memory this morning.

If it is being driven by possibility that the fourth and final research goal may soon be met then it could go a lot higher.

4DS Memory is a Silicon Valley based developer of non-volatile memory technology, pioneering Interface Switching resistive random access memory (ReRAM) for next generation storage in mobile and cloud.

The company is trying to create a revolutionary storage technology to address the massive memory storage demands of tomorrow.

Research assessments put it's value, based on meeting all four developmental requirements at between 0.12 and 0.20c. As we write it is currently 0.04

Listen to our interview with Executive Chairman Jim Dorrian here.

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